XML 52 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of RSU and RSA Activity The following table summarizes the RSU and RSA activity for the three months ended March 31, 2025:
Total RSUs and RSAsWeighted-
average grant
date fair
value
Unvested as of December 31, 202411,344,247 $37.67 
Granted233,972 $180.92 
Vested
(2,338,968)$42.30 
Canceled/Forfeited
(239,105)$37.74 
Unvested as of March 31, 20259,000,146 $40.19 
Summary of Stock Option Activity The following table summarizes the stock option activity during the three months ended March 31, 2025:
Outstanding
stock
options		Weighted-
average
exercise
price		Weighted-
average
remaining
contractual
life
(years)		Aggregate
intrinsic
value
(in thousands, except share, per share, and year data)
Balance as of December 31, 202414,687,538 $30.07 6.87$1,958,924 
Exercised
(1,831,762)5.56 
Canceled/Forfeited
(264)7.92 
Balance as of March 31, 202512,855,512 $33.56 7.16$917,121 
Vested as of March 31, 20256,143,484 $21.08 5.45$514,928 
Vested and expected to vest as of March 31, 202512,855,512 $33.56 7.16$917,121 
Summary of Components of Stock-Based Compensation Expense
The following table summarizes the components of stock-based compensation expense recognized in the consolidated statements of operations for all periods presented:
Three months ended March 31,
20252024
Cost of revenue$217 $258 
Research and development52,610 316,514 
Sales and marketing10,138 60,790 
General and administrative22,449 199,946 
Stock-based compensation expense
$85,414 $577,508