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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Consolidated net loss $ (719,562) $ (833,597)
Adjustments to reconcile net loss including noncontrolling interest to net cash and cash equivalents provided by operations:    
Depreciation and amortization expense 175,126 153,611
Stock-based compensation expense 757,558 617,288
Operating lease non-cash expense 88,592 70,801
(Accretion)/amortization on marketable securities, net (60,442) (52,219)
Amortization of debt issuance costs 1,023 982
Impairment expense, (gain)/loss on investment and other asset sales, and other, net 2,350 7,747
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable 119,460 93,174
Prepaid expenses and other current assets 3,340 (1,861)
Deferred cost of revenue (99,491) (62,074)
Other assets (4,922) (6,189)
Accounts payable (4,404) 3,855
Accrued expenses and other current liabilities (15,278) (2,599)
Developer exchange liability 15,405 7,724
Deferred revenue 409,809 360,098
Operating lease liabilities (54,621) (46,837)
Other long-term liabilities 23,882 4,971
Net cash and cash equivalents provided by operating activities 637,825 314,875
Cash flows from investing activities:    
Acquisition of property and equipment (115,786) (255,470)
Payments related to business combination, net of cash acquired (2,840) (3,859)
Purchases of intangible assets (1,370) (13,500)
Purchases of investments (3,474,187) (3,803,911)
Maturities of investments 2,431,770 956,010
Sales of investments 394,853 346,766
Net cash and cash equivalents used in investing activities (767,560) (2,773,964)
Cash flows from financing activities:    
Proceeds from issuance of common stock 57,196 47,316
Proceeds from debt issuances 0 14,700
Financing payments related to acquisitions (4,450) (750)
Net cash and cash equivalents provided by financing activities 52,746 61,266
Effect of exchange rate changes on cash and cash equivalents 1,154 398
Net increase/(decrease) in cash and cash equivalents (75,835) (2,397,425)
Cash and cash equivalents    
Beginning of period 678,466 2,977,474
End of period 602,631 580,049
Supplemental disclosure of noncash investing and financing activities:    
Property and equipment additions in accounts payable and accrued expenses and other liabilities $ 23,255 $ 62,248