Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share adjusts basic earnings per share for the potentially dilutive impact of stock options. As the Company has reported a loss for the three months ended March 31, 2026 and 2025, potentially dilutive securities are antidilutive and accordingly, basic net loss per share equals diluted net loss per share.

The following table sets forth the computation of basic and diluted loss per share of Class A Common Stock and Class B Common Stock (amounts in thousands, except per share amounts):


	Three Months Ended March 31,
	2026			2025
Numerator:
Net loss	$	(100,799	)	$	(114,423	)
Denominator:
Basic and Diluted weighted-average common shares outstanding		611,013			548,006
Basic and Diluted net loss per share	$	(0.16	)	$	(0.21	)

Basic and diluted earnings per share were the same for each period presented as the inclusion of all potential Class A Common Stock and Class B Common Stock outstanding would have been anti-dilutive.

The following table presents the potential common stock outstanding that was excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would have been antidilutive (amounts in thousands):


	As of March 31,
	2026		2025
Options		3,345		11,970
RSUs		26,518		23,319
PSUs		8,462		10,412
Total		38,325		45,701