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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 509.0 $ 162.1
Marketable securities 923.7 216.0
Accounts receivable, net 51.2 18.5
Inventories, net 194.2 136.6
Prepaid expenses and other current assets 114.5 48.4
Total current assets 1,792.7 581.7
Property and equipment, net 207.3 249.7
Intangible assets, net 17.3 19.5
Goodwill 38.1 4.3
Restricted cash 1.5 0.8
Right-of-use asset 484.6 0.0
Other assets 28.0 8.5
Total assets 2,569.4 864.5
Current liabilities:    
Accounts payable 141.5 92.2
Accrued expenses 151.7 104.5
Customer deposits and deferred revenue 215.2 90.8
Other current liabilities 31.4 3.3
Total current liabilities 539.9 290.8
Deferred rent   23.7
Build-to-suit liability   147.1
Long term lease liability 497.7 0.0
Other non-current liabilities 14.5 0.4
Total liabilities 1,052.1 462.0
Commitments and contingencies (Note 10)
Redeemable convertible preferred stock, $0.000025 par value, zero and 215,443,468 shares authorized; zero and 210,640,629 shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively. 0.0 941.1
Stockholders’ equity (deficit)    
Common stock, $0.000025 par value; 2,500,000,000 and zero Class A shares authorized, 175,029,321 and zero shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively; 2,500,000,000 and 400,000,000 Class B shares authorized, 107,144,281 and 25,301,604 shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively. 0.0 0.0
Additional paid-in capital 2,300.0 90.7
Accumulated other comprehensive income 0.3 0.2
Accumulated deficit (783.0) (629.5)
Total stockholders’ equity (deficit) 1,517.3 (538.6)
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity (deficit) $ 2,569.4 $ 864.5