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Equity Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Operational Milestone Based on Revenue or Adjusted EBITDA

The achievement status of the operational milestones as of June 30, 2021 is provided below. Although an operational milestone is deemed achieved in the last quarter of the relevant annualized period, it may be certified only after the financial statements supporting its achievement have been filed with our Forms 10-Q and/or 10-K.

 

Total Annualized Revenue

 

Annualized Adjusted EBITDA

Milestone
(in billions)

 

 

Achievement Status

 

Milestone
(in billions) 

 

 

Achievement Status

$

20.0

 

 

Achieved

 

$

1.5

 

 

Achieved

$

35.0

 

 

Achieved

 

$

3.0

 

 

Achieved

$

55.0

 

 

Probable

 

$

4.5

 

 

Achieved

$

75.0

 

 

-

 

$

6.0

 

 

Achieved

$

100.0

 

 

-

 

$

8.0

 

 

Probable

$

125.0

 

 

-

 

$

10.0

 

 

Probable

$

150.0

 

 

-

 

$

12.0

 

 

-

$

175.0

 

 

-

 

$

14.0

 

 

-

 

Summary of Stock-Based Compensation Expense

The following table summarizes our stock-based compensation expense by line item in the consolidated statements of operations (in millions):

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenues

 

$

108

 

 

$

52

 

 

$

211

 

 

$

85

 

Research and development

 

104

 

 

 

73

 

 

229

 

 

 

138

 

Selling, general and administrative

 

262

 

 

 

222

 

 

648

 

 

 

335

 

Total

 

$

474

 

 

$

347

 

 

$

1,088

 

 

$

558