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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities    
Net income (loss) $ 32,252 $ (13,981)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock-based compensation expense 17,280 398
Depreciation and amortization expense 15 8
Changes in operating assets and liabilities:    
Accounts receivable (50,000)  
Prepaid expenses and other current assets 2,895 (2,409)
Other assets (293)  
Accounts payable 16,456 2,643
Accrued expenses and other liabilities 23,586 1,035
Deferred revenue (76,376)  
Net cash used in operating activities (34,185) (12,306)
Cash flows from investing activities    
Additions to property and equipment   (6)
Net cash used in investing activities   (6)
Cash flows from financing activities    
Proceeds from issuance of convertible preferred stock, net of issuance costs   106,631
Proceeds from issuance of common stock for exercise of stock options 528 27
Payments made for initial public offering costs   (215)
Net cash provided by financing activities 528 106,443
Net increase (decrease) in cash, cash equivalents and restricted cash (33,657) 94,131
Cash, cash equivalents and restricted cash at the beginning of period 850,224 21,768
Cash, cash equivalents and restricted cash at the end of period 816,567 115,899
Cash, cash equivalents and restricted cash at the end of period:    
Cash and cash equivalents 816,460 115,792
Restricted cash 107 107
Cash, cash equivalents and restricted cash at the end of period $ 816,567 115,899
Supplemental disclosure of noncash financing activities    
Equity issuance costs included in accounts payable and accrued expenses   $ 919