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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 358,319 $ 517,690
Short-term investments 2,491,805 1,520,180
Prepaid expenses and other current assets 397,239 282,572
Total current assets 3,247,363 2,320,442
Restricted cash and cash equivalents 204,976 187,374
Restricted investments 1,361,045 863,713
Property and equipment, net 188,603 109,257
Operating lease right of use assets 441,258  
Intangible assets, net 82,919 117,733
Goodwill 158,725 152,085
Other assets 6,494 9,439
Total assets 5,691,383 3,760,043
Current liabilities    
Accounts payable 38,839 32,343
Insurance reserves 1,378,462 810,273
Accrued and other current liabilities 939,865 606,203
Operating lease liabilities — current 94,199  
Total current liabilities 2,451,365 1,448,819
Operating lease liabilities 382,077  
Other liabilities 3,857 30,458
Total liabilities 2,837,299 1,479,277
Commitments and contingencies (Note 8)
Redeemable convertible preferred stock, $0.00001 par value; no and 227,328,900 shares authorized as of December 31, 2019 and December 31, 2018, respectively; no and 219,175,709 shares issued and outstanding as of December 31, 2019 and December 31, 2018, respectively 0 5,152,047
Stockholders’ equity (deficit)    
Preferred stock, $0.00001 par value; 1,000,000,000 and no shares authorized as of December 31, 2019 and December 31, 2018, respectively; no shares issued and outstanding as of December 31, 2019 and December 31, 2018 0 0
Common stock, $0.00001 par value; 18,000,000,000 Class A shares and 340,000,000 shares authorized, 293,793,151 Class A shares and 22,438,472 shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively; 100,000,000 and no Class B shares authorized, 8,802,629 and no Class B shares issued and outstanding, as of December 31, 2019 and December 31, 2018, respectively 3 0
Additional paid-in capital 8,398,927 73,916
Accumulated other comprehensive income 2,725 133
Accumulated deficit (5,547,571) (2,945,330)
Total stockholders’ equity (deficit) 2,854,084 (2,871,281)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 5,691,383 $ 3,760,043