Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of reconciliation between basic and diluted EPS

A reconciliation between basic and diluted loss per share was as follows (in thousands, except share and per share data):

Three Months Ended

March 31, 

    

2023

    

2022

Net loss

$

(159,321)

$

(982,714)

Basic weighted-average shares outstanding

 

422,655,215

 

417,734,591

Dilutive effect of share awards

 

 

Diluted weighted-average shares outstanding

 

422,655,215

 

417,734,591

Basic loss per share

$

(0.38)

$

(2.35)

Diluted loss per share

$

(0.38)

$

(2.35)

Schedule of revenues by destination

Revenue and cash flows are affected by economic factors in various geographical regions. Revenues by destination were as follows (in thousands):

Three Months Ended

March 31, 

    

2023

    

2022

North America

$

1,361,053

$

487,435

Europe

 

81,318

 

24,797

Asia-Pacific

 

205,662

 

8,292

Other

173,906

1,416

Total revenue

$

1,821,939

$

521,940