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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (279,033) $ (147,140)
Adjustments to reconcile net loss including noncontrolling interests to net cash provided by operations:    
Depreciation and amortization 34,410 18,852
Stock-based compensation expense 132,403 49,666
Change in fair value of warrants 0 1,890
Operating lease non-cash expense 20,544  
Other non-cash charges/(credits) 16 1,721
Changes in operating assets and liabilities:    
Accounts receivable 29,960 (84,119)
Accounts payable 2,313 (988)
Prepaid expenses and other current assets (27,264) (6,835)
Other assets (6,476) 1,392
Developer exchange liability 9,703 25,155
Accrued expenses and other current liabilities 74,129 9,834
Other long-term liability 584 1,836
Operating lease liabilities (12,642) 0
Deferred revenue 484,936 384,303
Deferred cost of revenue (107,863) (95,442)
Net cash provided by operating activities 355,720 160,125
Cash flows from investing activities:    
Acquisition of property and equipment (45,368) (26,249)
Purchases of short-term investments 0 (5,991)
Maturities of short-term investments 0 36,000
Purchases of intangible assets (256) (579)
Net cash (used in)/provided by investing activities (45,624) 3,181
Cash flows from financing activities:    
Proceeds from issuance of preferred stock for warrant exercises 0 147
Proceeds from issuance of common stock 41,889 5,996
Net proceeds from issuance of preferred stock 534,286 149,669
Net cash provided by financing activities 576,175 155,812
Effect of exchange rate changes on cash and cash equivalents 48 (3)
Net increase in cash and cash equivalents 886,319 319,115
Cash and cash equivalents    
Beginning balance 893,943 301,493
Ending balance 1,780,262 620,608
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Supplemental disclosure of noncash investing and financing activities:    
Property and equipment additions in accounts payable and accrued expenses 10,820 16,343
Conversion of convertible preferred stock to common stock upon direct listing $ 879,113 $ 0