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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 480,586 $ 568,505
Restricted cash 10,455 10,424
Accounts receivable 21,380 297,240
Inventory 15,778 41,696
Prepaid expenses and other current assets 198,921 226,023
Total current assets 727,120 1,143,888
Property and equipment, net 291,093 305,771
Right of use asset, net 181,175 185,218
Goodwill 123,179 127,454
Other non-current assets 30,967 35,159
Total assets 1,353,534 1,797,490
Current liabilities:    
Accounts payable 57,724 132,610
Accrued expenses 257,365 394,668
Deferred revenue 240,900 241,310
Current portion of finance lease liabilities 6,291 5,142
Other current liabilities 242,102 861,408
Total current liabilities 804,382 1,635,138
Deferred revenue 841,473 622,210
Convertible notes payable 168,432 168,016
Non-current finance lease liabilities 54,609 55,923
Other non-current liabilities 351,722 33,130
Total liabilities 2,220,618 2,514,417
Commitments and contingencies (Note 13)
Preferred stock, $0.01 par value, 2,000,000 shares authorized at March 31, 2024 and December 31, 2023; no shares issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Stockholders' deficit:    
Common stock, $0.01 par value, 600,000,000 shares authorized at March 31, 2024 and December 31, 2023; 141,700,972 shares issued and 140,373,255 shares outstanding at March 31, 2024 and 140,506,093 shares issued and 139,505,770 shares outstanding at December 31, 2023 1,417 1,405
Additional paid-in capital 4,204,775 4,192,164
Accumulated deficit (4,968,501) (4,820,951)
Treasury stock, cost basis, 1,327,717 shares at March 31, 2024 and 1,000,323 shares at December 31, 2023 (93,950) (92,267)
Accumulated other comprehensive income (loss) (10,825) 2,722
Total stockholders’ deficit (867,084) (716,927)
Total liabilities and stockholders’ deficit $ 1,353,534 $ 1,797,490