Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss per Share Attributable to Common Stockholders

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Net Loss per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders Net Loss per Share Attributable to Common Stockholders
Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because the Company reported a net loss for 2024, 2023 and 2022, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been antidilutive if included in the calculation.
The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):
Year Ended December 31,
2024 2023 2022
Numerator:
Net loss attributable to common stockholders $ (608,034) $ (513,050) $ (258,043)
Denominator:
Weighted-average shares outstanding 699,794,747  647,907,598  585,544,043 
Net loss per share attributable to common stockholders, basic and diluted $ (0.87) $ (0.79) $ (0.44)
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:
Year Ended December 31,
2024 2023
Common stock warrants 28,783,069  28,783,333 
Unvested restricted stock awards 1,114,380  1,561,599 
Unvested restricted stock units 40,388,740  31,076,699 
Unvested early exercised common stock options 1,154,146  1,988,511 
Options to purchase common stock 9,887,462  13,574,585 
Total 81,327,797  76,984,727 
Year Ended December 31,
2022
Common stock warrants 28,783,333 
Unvested restricted stock awards 2,007,595 
Unvested restricted stock units 28,537,127 
Unvested early exercised common stock options 3,923,509 
Options to purchase common stock 17,093,447 
Earnout Shares 17,130,000 
Total 97,475,011