Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash within the consolidated balance sheets that sum to the total of the same on the consolidated statement of cash flows (in thousands):

	June 30, 2022		December 31, 2021
Cash and cash equivalents	$	272,671	$	374,294
Restricted cash	6,138		5,112
Total cash, cash equivalents and restricted cash	$	278,809	$	379,406

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net loss per share (in thousands, except shares and per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Basic loss per share:
Net loss	$	(116,274)	$	(94,930)	$	(257,091)	$	(165,116)
Less: net loss attributable to non-controlling interest	150		15		243		91
Net loss attributable to common stockholders	(116,124)		(94,915)		(256,848)		(165,025)
Shares used in computation:
Weighted-average common shares outstanding	185,103,005		140,596,001		171,316,513		129,591,310
Basic and diluted loss per share	$	(0.63)	$	(0.68)	$	(1.50)	$	(1.27)

Schedule of Antidilutive Securities Excluded from Computation of Earnings per Share

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding because their inclusion would have been anti-dilutive:

	June 30,
	2022	2021
Warrants to purchase common stock	3	1,750,843
Stock options	15,854,229	16,630,240
Unvested restricted stock units	7,158,200	1,243,757
Convertible notes variable settlement feature	6,966,078	6,966,078
Total	29,978,510	26,590,918

Accounting Standards Update and Change in Accounting Principle

The following table summarizes the adjustments made to the Company’s condensed consolidated balance sheet as of January 1, 2022 as a result of applying the modified retrospective method in adopting ASU 2020-06 (in thousands):

	As Reported December 31, 2021		ASU 2020-06 Adjustments		As Adjusted January 1, 2022
2026 Convertible Notes	$	316,354	$	75,264	$	391,618
Additional paid-in capital	$	1,691,206	$	(87,946)	$	1,603,260
Accumulated deficit	$	(1,009,293)	$	12,682	$	(996,611)

Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash within the consolidated balance sheets that sum to the total of the same on the consolidated statement of cash flows (in thousands):

	June 30, 2022		December 31, 2021
Cash and cash equivalents	$	272,671	$	374,294
Restricted cash	6,138		5,112
Total cash, cash equivalents and restricted cash	$	278,809	$	379,406