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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 547 $ 809
Marketable securities 474 457
Accounts receivable, net 77 55
Inventories, net 110 42
Deferred costs, net 44 30
Prepaid expenses and other current assets 155 92
Total current assets 1,407 1,485
Property and equipment, net 61 41
Operating lease right-of-use assets 77 79
Intangible assets, net 29 16
Goodwill 107 74
Restricted cash 28 8
Deferred costs, non-current 38 25
Other non-current assets 14 7
Total non-current assets 354 250
Total assets 1,761 1,735
Current liabilities:    
Accounts payable 30 40
Operating lease liabilities 14 22
Deferred revenue 39 44
Accrued expenses and other current liabilities 413 246
Total current liabilities 496 352
Warrants to purchase common stock 68 181
Deferred revenue, non-current 7 12
Operating lease liabilities, non-current 80 77
Other long-term liabilities 12 22
Total liabilities 663 644
Commitments and Contingencies (Note 18)
Stockholders’ Equity:    
Preferred stock- par value $0.000001; 100,000,000 shares authorized, no shares issued or outstanding 0 0
Treasury stock, at cost- 225,000 shares outstanding at December 31, 2022 and 2021, respectively 0 0
Accumulated other comprehensive loss (2) (1)
Additional paid-in capital 2,477 2,194
Accumulated deficit (1,377) (1,102)
Total stockholders’ equity 1,098 1,091
Total liabilities and stockholders’ equity 1,761 1,735
Common Class A    
Stockholders’ Equity:    
Common stock 0 0
Common Class B    
Stockholders’ Equity:    
Common stock $ 0 $ 0