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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Common Class A
Common Stock
Class B Convertible
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Loss
(Accumulated Deficit) Retained Earnings
Beginning Balance at Dec. 31, 2021 $ 978,958 $ 18 $ 2 $ 1,727,143 $ (782,104) $ (7,543) $ 41,442
Beginning Balance (in shares) at Dec. 31, 2021   101,899 19,640   (8,684)    
Net (loss) income (1,469,797) $ 0 $ 0 0 $ 0 0 (1,469,797)
Other comprehensive income (loss) (6,258) 0 0 0 0 (6,258) 0
Issuance of class A common stock upon exercise of stock options 1,393 $ 0 $ 0 1,393 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   101 0   0    
Issuance of class A common stock under employee stock purchase plan 4,473 $ 0 $ 0 4,473 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   159 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (2,213) $ 0 $ 0 (2,213) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   187 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 46,219 $ 0 $ 0 46,219 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   2,186 0   0    
Share-based compensation expense 64,105 $ 0 $ 0 64,105 $ 0 0 0
Ending Balance at Dec. 31, 2022 (383,120) $ 18 $ 2 1,841,120 $ (782,104) (13,801) (1,428,355)
Ending Balance (in shares) at Dec. 31, 2022   104,532 19,640   (8,684)    
Net (loss) income 429,121 $ 0 $ 0 0 $ 0 0 429,121
Other comprehensive income (loss) 2,357 0 0 0 0 2,357 0
Issuance of class A common stock upon exercise of stock options 30,519 $ 1 $ 0 30,518 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   1,756 0   0    
Issuance of class A common stock under employee stock purchase plan 3,955 $ 0 $ 0 3,955 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   198 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (4,344) $ 0 $ 0 (4,344) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   260 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 2,020,089 $ 5 $ 0 2,020,084 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   50,979 0   0    
Share-based compensation expense 66,395 $ 0 $ 0 66,395 $ 0 0 0
Ending Balance at Dec. 31, 2023 2,164,972 $ 24 $ 2 3,957,728 $ (782,104) (11,444) (999,234)
Ending Balance (in shares) at Dec. 31, 2023   157,725 19,640   (8,684)    
Net (loss) income (1,166,661) $ 0 $ 0 0 $ 0 0 (1,166,661)
Other comprehensive income (loss) (3,940) 0 0 0 0 (3,940) 0
Par value adjustment for class A and B common stock issued upon stock split 0 $ 157 $ 18 (175) $ 0 0 0
Par value adjustment for class A and B common stock issued upon stock split (in shares)   0 0   0    
Retirement of treasury stock 0 $ (9) $ 0 (781,114) $ 782,104 0 (981)
Retirement of treasury stock (in shares)   (8,684) 0   8,684    
Issuance of class A common stock upon exercise of stock options 184,287 $ 2 $ 0 184,285 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   7,826 0   0    
Issuance of class A common stock under employee stock purchase plan 4,304 $ 0 $ 0 4,304 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   94 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (2,207) $ 0 $ 0 (2,207) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   545 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 16,329,857 $ 50 $ 0 16,329,807 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   52,309 0   0    
Issuance of class A common stock upon conversions of convertible senior notes 645,164 $ 2 $ 0 645,162 $ 0 0 0
Issuance of class A common stock upon conversions of convertible senior notes (in shares)   16,323 0   0    
Share-based compensation expense 74,208 $ 0 $ 0 74,208 $ 0 0 0
Ending Balance at Dec. 31, 2024 $ 18,229,984 $ 226 $ 20 $ 20,411,998 $ 0 $ (15,384) $ (2,166,876)
Ending Balance (in shares) at Dec. 31, 2024   226,138 19,640   0