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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (46,510) $ (27,558)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 13,420 8,944
Loss on disposal and abandonment of intangible assets 130 252
Loss on disposal and impairment of property and equipment, net 74 1,429
Net gain on strategic investments and marketable securities (34,195)  
Stock-based compensation 262,221 80,124
Deferred income taxes (58,893) (11,670)
Unrecognized tax benefits 77 573
Bond premium amortization 4,606 1,830
Noncash lease expense 4,087 2,743
Provision for expected credit losses 615 776
Change in assets and liabilities:    
Accounts and notes receivable and contract assets (118,094) (48,551)
Inventory (3,154) (59,371)
Prepaid expenses and other assets (28,906) (4,822)
Accounts payable, accrued and other liabilities 28,528 25,365
Deferred revenue 87,558 34,099
Net cash provided by operating activities 111,564 4,163
Cash flows from investing activities:    
Purchases of investments (362,479) (516,687)
Proceeds from call / maturity of investments 499,172 287,199
Proceeds from sale of strategic investments 14,546  
Purchases of property and equipment (36,501) (66,023)
Proceeds from disposal of property and equipment 31 94
Purchases of intangible assets (157) (177)
Strategic investments (20,500) (4,700)
Business acquisition, net of cash acquired (700)  
Net cash provided by (used in) investing activities 93,412 (300,294)
Cash flows from financing activities:    
Net proceeds from equity offering 105,615 306,779
Proceeds from options exercised 0 295
Income and payroll tax payments for net-settled stock awards (182,517) (6,886)
Net cash provided by (used in) financing activities (76,902) 300,188
Effect of exchange rate changes on cash and cash equivalents (1,827) (303)
Net increase in cash and cash equivalents 126,247 3,754
Cash and cash equivalents and restricted cash, beginning of period 155,551 172,355
Cash and cash equivalents and restricted cash, end of period $ 281,798 $ 176,109