Stockholders’ Deficit and Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Common Stock Equivalents Excluded From Computation of Diluted Net Income (Loss) Per Share

Common stock equivalents that were excluded from the computation of diluted net loss per share for both continuing and discontinued operations are presented below:


	March 31,
	2024	2023
Convertible senior notes	8,878,938	8,878,938
Unvested RSUs and PSUs	5,496,036	3,598,879
Outstanding stock options	3,669,894	4,541,131
Unvested RSAs and PSAs	642,419	1,728,551
Shares of common stock expected to be purchased on June 30 under the 2014 ESPP	220,451	165,079

Schedule of Stock-based Compensation Expense

The following table summarizes our stock-based compensation expense by line item in our condensed consolidated statements of operations and comprehensive loss:


(in thousands)	Three Months Ended March 31, 2024
	Stock-based Compensation before Discontinued Operation Adjustments(1)		Classified as Discontinued Operations (2)		Classified as Continuing Operations
Selling, general and administrative	$	7,624	$	(240)	$	7,384
Research and development	1,366		13		1,379
Total stock-based compensation expense (exclusive of capitalized stock-based compensation expense)	8,990		(227)		8,763
Capitalized stock-based compensation expense	388		—		388
Total stock-based compensation expense	$	9,378	$	(227)	$	9,151


(in thousands)	Three Months Ended March 31, 2023
	Stock-based Compensation before Discontinued Operation Adjustments(1)		Classified as Discontinued Operations (2)		Classified as Continuing Operations
Selling, general and administrative	$	10,265	$	(710)	$	9,555
Research and development	2,817		(1,420)		1,397
Total stock-based compensation expense (exclusive of capitalized stock-based compensation expense)	13,082		(2,130)		10,952
Capitalized stock-based compensation expense	1,407		—		1,407
Total stock-based compensation expense	$	14,489	$	(2,130)	$	12,359

(1)Amount represents the stock-based compensation expense before the impact of reclassification for the discontinued operation presentation in the condensed consolidated statements of operations and comprehensive loss.

(2)Amount represents the reclassification for the current and prior periods for the discontinued operation presentation in the condensed consolidated statements of operations and comprehensive loss.