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Net Loss per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per Share
Diluted net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive, given the Company’s net loss. The following securities have been excluded from the calculation of weighted-average shares of common stock outstanding because the effect is anti-dilutive for each of the periods indicated.
 Three and Six Months Ended
June 30,
 20242023
Stock options100,058 161,760 
Restricted stock units88,226 212,283 
Performance restricted stock units77,112 87,485 
Shares related to convertible senior notes992,556 992,556 
Total antidilutive securities (1)
1,257,952 1,454,084 
(1)
Amounts have been adjusted to reflect the Reverse Stock Split that became effective on June 13, 2024. Refer to Note 2 for further information about the Reverse Stock Split.
The following table presents the calculation of the Company’s basic and diluted net loss per share for each of the periods indicated.
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Numerator (in thousands):  
Net loss$(452,440)$(173,654)$(507,089)$(227,716)
Denominator:  
Weighted-average shares of common stock outstanding, basic and diluted (1)
2,804,924 2,685,645 2,793,262 2,664,889 
Net loss per share, basic and diluted (1)
$(161.30)$(64.66)$(181.54)$(85.45)
(1)
Amounts have been adjusted to reflect the Reverse Stock Split that became effective on June 13, 2024. Refer to Note 2 for further information about the Reverse Stock Split.