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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 150,874 $ 97,336 $ 300,306 $ 155,011
Costs and expenses        
Cost of revenue 555,805 292,342 1,056,329 538,312
Research and development 233,474 200,381 463,277 386,457
Selling, general and administrative 197,748 163,812 366,518 386,971
Restructuring charges 1,532 0 24,028 0
Total cost and expenses 988,559 656,535 1,910,152 1,311,740
Loss from operations (837,685) (559,199) (1,609,846) (1,156,729)
Other income (expense), net        
Interest income 39,525 2,911 79,530 2,911
Interest expense (6,690) (7,189) (13,798) (14,908)
Other income (expense), net (928) 8,277 (261) 9,233
Total other income, net 74,040 338,842 66,802 855,409
Loss before provision for income taxes (763,645) (220,357) (1,543,044) (301,320)
Provision for income taxes 587 68 716 391
Net loss (764,232) (220,425) (1,543,760) (301,711)
Net loss attributable to common stockholders, basic (764,232) (220,425) (1,543,760) (301,711)
Change in fair value of dilutive warrants 0 (334,843) 0 (858,173)
Net loss attributable to common stockholders, diluted $ (764,232) $ (555,268) $ (1,543,760) $ (1,159,884)
Weighted average shares outstanding attributable to common stockholders        
Basic (in shares) 1,912,459,833 1,669,303,813 1,871,884,313 1,661,960,471
Diluted (in shares) 1,912,459,833 1,686,815,404 1,871,884,313 1,684,328,007
Net loss per share attributable to common stockholders        
Basic (in dollars per share) $ (0.40) $ (0.13) $ (0.82) $ (0.18)
Diluted (in dollars per share) $ (0.40) $ (0.33) $ (0.82) $ (0.69)
Other comprehensive income (loss)        
Net unrealized gains (losses) on investments, net of tax $ (2,999) $ (691) $ 1,036 $ (691)
Foreign currency translation adjustments 586 0 586 0
Total other comprehensive income (loss) (2,413) (691) 1,622 (691)
Comprehensive loss attributable to common stockholders (766,645) (221,116) (1,542,138) (302,402)
Change in fair value of common stock warrant liability        
Other income (expense), net        
Change in fair value of common stock warrant liability $ 42,133 $ 334,843 $ 1,331 $ 858,173