XML 79 R65.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes - Effective Tax Rates (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Effective tax rates differing from U.S. federal statutory rate      
U.S. Federal taxes (benefit) at statutory rate $ (91,251) $ (114,832) $ (98,931)
State tax expense (13,492) (21,676) (29,206)
Research and development credits (10,837) (7,024) (9,193)
Stock-based compensation (6,422) 3,949 (46,128)
Foreign tax (106) 332 167
Nondeductible officers' compensation 8,651 4,883 24,387
Acquisition costs 563 3,226 8,901
Other (3,397) 1,964 344
Change in valuation allowance 116,562 130,156 150,277
Provision for income taxes $ 271 $ 978 $ 618
U.S. Federal taxes (benefit) at statutory rate (as a percent) 21.00% 21.00% 21.00%
State tax expense (as a percent) 3.10% 3.96% 6.20%
Research and development credits (as a percent) 2.49% 1.28% 1.95%
Stock-based compensation (as a percent) 1.48% (0.72%) 9.79%
Foreign tax differential (as a percent) 0.02% (0.06%) (0.04%)
Nondeductible officers' compensation (as a percent) (1.99%) (0.89%) (5.18%)
Acquisition costs (as a percent) (0.13%) (0.59%) (1.89%)
Other (as a percent) 0.79% (0.36%) (0.05%)
Change in valuation allowance (as a percent) (26.82%) (23.80%) (31.90%)
Provision for income taxes (as a percent) (0.06%) (0.18%) (0.13%)
Income tax expense $ 271 $ 978 $ 618