The Company computes net loss per share using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock and Class B common stock are substantially identical, other than voting and conversion rights. Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net income and losses.

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):


	Three Months Ended October 31,				Nine Months Ended October 31,
	2024		2023		2024		2023
Numerator:
Net loss	$	(57,326)	$	(61,750)	$	(193,237)	$	(194,632)
Denominator:
Weighted-average shares used in calculating net loss per share, basic and diluted	229,624		221,776		228,830		219,094
Net loss per share, basic and diluted	$	(0.25)	$	(0.28)	$	(0.84)	$	(0.89)

The potential shares of common stock that were excluded from the computation of diluted net loss per share for the period presented because including them would have been anti-dilutive are as follows (in thousands):


	Three Months Ended October 31,		Nine Months Ended October 31,
	2024	2023	2024	2023
Stock options	8,375	10,242	8,375	10,242
Restricted stock units	22,871	17,970	22,871	17,970

Shares issuable pursuant to the 2020 Employee Stock Purchase Plan	231	161	231	161
Total	31,477	28,373	31,477	28,373