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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net loss $ (152,941) $ (120,224)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,111 1,805
Stock-based compensation 53,528 50,266
Non-cash in-kind services 0 12,896
Equity in net loss of affiliates 2,820 794
Revaluation of warrant liability 434 (951)
Inventory write-downs 3,473 0
Other non-cash activity (326) 1
Changes in operating assets and liabilities:    
Accounts receivable, net (1,339) 0
Inventory (22,404) 0
Prepaid expenses and other current assets (14,710) (1,758)
Accounts payable, accrued expenses and other current liabilities (2,131) 2,083
Long-term deposits 0 (4,161)
Other assets (304) 0
Operating lease liabilities (77) 0
Other long-term liabilities (457) 0
Net cash used in operating activities (131,323) (59,249)
Cash flows from investing activities    
Purchases and deposits of property, plant and equipment (30,106) (24,521)
Investments in affiliates (3,348) 0
Net cash used in investing activities (33,454) (24,521)
Cash flows from financing activities    
Proceeds from the exercise of stock options 308 2,626
Proceeds from issuance of common stock 27,376 0
Payments on finance lease liabilities (30) (258)
Payment of note payable 0 (4,100)
Payments for issuance costs 0 (26)
Net cash provided by (used in) financing activities 27,654 (1,758)
Net decrease in cash and cash equivalents, including restricted cash (137,123) (85,528)
Cash and cash equivalents, including restricted cash, beginning of period 522,241 849,278
Cash and cash equivalents, including restricted cash, end of period 385,118 763,750
Supplementary cash flow disclosures:    
Cash paid for interest 273 187
Cash interest received 85 259
Supplementary disclosures for noncash investing and financing activities:    
Purchases of property, plant and equipment included in liabilities 21,294 27,108
Accrued deferred issuance costs 0 330
Leased assets obtained in exchange for new finance lease liabilities $ 378 $ 0