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Equity Incentive Plans (Tables)
6 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Operational Milestone Based on Revenue or Adjusted EBITDA

The achievement status of the operational milestones as of June 30, 2022 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

 

 

Achieved

 

$

4.5

 

 

Achieved

$

75.0

 

 

Probable

 

$

6.0

 

 

Achieved

$

100.0

 

 

-

 

$

8.0

 

 

Achieved

$

125.0

 

 

-

 

$

10.0

 

 

Achieved

$

150.0

 

 

-

 

$

12.0

 

 

Achieved

$

175.0

 

 

-

 

$

14.0

 

 

Achieved

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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenues

 

$

143

 

 

$

108

 

 

$

274

 

 

$

211

 

Research and development

 

 

122

 

 

 

104

 

 

 

265

 

 

 

229

 

Selling, general and administrative

 

 

96

 

 

 

262

 

 

 

240

 

 

 

648

 

Total

 

$

361

 

 

$

474

 

 

$

779

 

 

$

1,088