
	Three Months Ended September 30,
	2024		2023
	($ in millions, except per share amounts)
Basic and diluted net loss per share:
Net loss attributable to common stockholders	$	(0.9)	$	(159.3)
Shares used in computation:
Weighted-average common shares outstanding	378,776,423		358,547,563
Basic and diluted net loss per share	$	—	$	(0.44)

Basic and diluted loss per share are the same for each class of common stock because they are entitled to the same liquidation and dividend rights.

The following potentially dilutive shares were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:


	Three Months Ended September 30,
	2024	2023
Employee stock options	5,995,788	8,703,141
Restricted stock units and awards	671,832	993,473

Convertible senior notes	76,452,600	—

The conversion option will have a dilutive impact on net earnings per share of common stock when the average market price per share of Class A common stock for a given period exceeds the conversion price of the 2026 Notes of $239.23 per share and the 2029 Notes of $4.58 per share. During the three months ended September 30, 2024, the weighted average price per share of Class A common stock was below the conversion price of the 2026 Notes and the conversion price of the 2029 Notes.

The denominator for basic and diluted loss per share does not include any effect from the Capped Call Transactions the Company entered into concurrently with the issuance of the 2026 Notes as this effect would be anti-dilutive. During the fiscal year ended June 30, 2024, the Capped Call Transactions were terminated. Refer to Note 7 - Debt for additional information.