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CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
At-the-Market Offering
2022 Subscription Agreement
Underwriting Agreement
2023 Subscription Agreement
Series B
Series D
Series E
Common Stock
Common Stock
At-the-Market Offering
Common Stock
2022 Subscription Agreement
Common Stock
Underwriting Agreement
Common Stock
2023 Subscription Agreement
Additional Paid-In Capital
Additional Paid-In Capital
At-the-Market Offering
Additional Paid-In Capital
2022 Subscription Agreement
Additional Paid-In Capital
Underwriting Agreement
Additional Paid-In Capital
2023 Subscription Agreement
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Preferred stock, beginning balance (in shares) at Dec. 31, 2020 [1] 957,159,704                                        
Preferred stock, beginning balance at Dec. 31, 2020 $ 2,494,076                                        
Increase (Decrease) in Temporary Equity [Roll Forward]                                          
Repurchase of Series B convertible preferred stock (in shares) [1]           (3,525,365)                              
Issuance of Series D convertible preferred stock upon exercise of warrants (in shares) [1]             1,546,799                            
Issuance of Series D convertible preferred stock upon exercise of warrants             $ 12,936                            
Issuance of Series E convertible preferred stock (in shares) [1]               200,728,229                          
Issuance of Series E convertible preferred stock               $ 3,206,159                          
Stock-based compensation related to Series E convertible preferred stock               $ 123,614                          
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) [1] (1,155,909,367)                                        
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization $ (5,836,785)                                        
Preferred stock, ending balance (in shares) at Dec. 31, 2021 [1] 0                                        
Preferred stock, ending balance at Dec. 31, 2021 $ 0                                        
Beginning balance (in shares) at Dec. 31, 2020 [1]                 28,791,702                        
Beginning balance at Dec. 31, 2020 (1,318,777)               $ 3         $ 38,113         $ 0 $ 0 $ (1,356,893)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (2,579,761)                                       (2,579,761)
Issuance of Series E convertible preferred stock (2,151,613)                         (22,395)             (2,129,218)
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) [1]                 1,155,909,367                        
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization 5,836,785               $ 116         5,836,669              
Issuance of common stock (in shares) [1]                 425,395,023                        
Issuance of common stock 3,590,956               $ 42         3,590,914              
Other comprehensive income (loss) 0                                        
Tax withholding payments for net settlement of employee awards $ (22,063)                         (22,063)              
Treasury stock repurchase (in shares) (857,825)               (857,825) [1]                        
Treasury stock repurchase $ (20,716)                                   (20,716)    
Issuance of common stock upon vesting of employee RSUs (in shares) [1]                 601,176                        
Issuance of common stock upon exercise of common stock warrants (in shares) [1]                 26,640,121                        
Issuance of common stock upon exercise of common stock warrants 173,273               $ 3         173,270              
Redemption of public warrants (4)                         (4)              
Issuance of common stock upon exercise of stock options (in shares) [1]                 11,076,026                        
Issuance of common stock upon exercise of stock options 8,132               $ 1         8,131              
Stock-based compensation 393,143                         393,143              
Ending balance (in shares) at Dec. 31, 2021 [1]                 1,647,555,590                        
Ending balance at Dec. 31, 2021 $ 3,909,355               $ 165         9,995,778         (20,716) 0 (6,065,872)
Preferred stock, beginning balance (in shares) at Jul. 22, 2021 437,182,072                                        
Beginning balance (in shares) at Jul. 22, 2021 451,295,965                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Conversion of convertible preferred stock into common stock in connection with the reverse recapitalization (in shares)                 1,155,909,367                        
Ending balance (in shares) at Jul. 23, 2021 1,618,621,534                                        
Preferred stock, beginning balance (in shares) at Dec. 31, 2021 [1] 0                                        
Preferred stock, ending balance (in shares) at Dec. 31, 2022 [1] 0                                        
Preferred stock, ending balance at Dec. 31, 2022 $ 0                                        
Beginning balance (in shares) at Dec. 31, 2021 [1]                 1,647,555,590                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (1,304,460)                                       (1,304,460)
Issuance of common stock (in shares) [1]                   56,203,334 85,712,679                    
Issuance of common stock   $ 594,317 $ 915,000             $ 6 $ 9       $ 594,311 $ 914,991          
Other comprehensive income (loss) (11,572)                                     (11,572)  
Tax withholding payments for net settlement of employee awards $ (218,789)                         (218,789)              
Treasury stock repurchase (in shares) 0                                        
Issuance of common stock upon vesting of employee RSUs (in shares) [1]                 15,217,096                        
Issuance of common stock upon vesting of employee RSUs $ 0               $ 1         (1)              
Issuance of common stock under employee stock purchase plan (in shares) [1]                 2,106,158                        
Issuance of common stock under employee stock purchase plan 24,562                         24,562              
Issuance of common stock upon exercise of stock options (in shares) [1]                 22,519,879                        
Issuance of common stock upon exercise of stock options 17,788               $ 2         17,786              
Stock-based compensation $ 423,500                         423,500              
Ending balance (in shares) at Dec. 31, 2022 1,829,314,736               1,829,314,736 [1]                        
Ending balance at Dec. 31, 2022 $ 4,349,701               $ 183         11,752,138         (20,716) (11,572) (7,370,332)
Preferred stock, ending balance (in shares) at Dec. 31, 2023 [1] 0                                        
Preferred stock, ending balance at Dec. 31, 2023 $ 0                                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net loss (2,828,420)                                       (2,828,420)
Issuance of common stock (in shares) [1]                       173,544,948 265,693,703                
Issuance of common stock       $ 1,184,224 $ 1,812,641             $ 17 $ 27       $ 1,184,207 $ 1,812,614      
Other comprehensive income (loss) 16,422                                     16,422  
Tax withholding payments for net settlement of employee awards $ (17,615)                         (17,615)              
Treasury stock repurchase (in shares) 0                                        
Issuance of common stock upon vesting of employee RSUs (in shares) [1]                 16,947,760                        
Issuance of common stock upon vesting of employee RSUs $ 0               $ 2         (2)              
Issuance of common stock under employee stock purchase plan (in shares) [1]                 4,748,875                        
Issuance of common stock under employee stock purchase plan $ 23,836                         23,836              
Issuance of common stock upon exercise of stock options (in shares) 9,003,642               9,003,642 [1]                        
Issuance of common stock upon exercise of stock options $ 10,343               $ 1         10,342              
Stock-based compensation $ 300,560                         300,560              
Ending balance (in shares) at Dec. 31, 2023 2,299,253,664               2,299,253,664 [1]                        
Ending balance at Dec. 31, 2023 $ 4,851,692               $ 230         $ 15,066,080         $ (20,716) $ 4,850 $ (10,198,752)
[1] The number of shares of convertible preferred stock and common stock issued and outstanding prior to the Merger have been retroactively adjusted by the Exchange Ratio (as defined in Note 4 “Reverse Recapitalization”) to give effect to the reverse recapitalization treatment of the Merger. See Note 1 “Description of Business” and Note 4 “Reverse Capitalization” for more information.