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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss $ (398,073) $ (1,138,473)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 35,474 23,135
Stock-based compensation 159,978 859,486
Amortization of premium on marketable securities 486 24
Accretion of discount on marketable securities (7,826) (10,081)
Loss on disposal of assets 3,228 0
Other 87 103
Changes in operating assets and liabilities    
Prepaid expenses and other assets (83,653) (46,307)
Operating lease right-of-use assets 20,257 19,518
Accounts payable 500,004 1,161
Insurance reserves (403,330) 126,711
Accrued and other liabilities (25,338) 94,238
Lease liabilities (8,220) (14,342)
Net cash used in operating activities (206,926) (84,827)
Cash flows from investing activities    
Purchases of marketable securities (1,179,343) (607,190)
Purchase of non-marketable security (10,000) 0
Purchases of term deposits (75,000) 0
Proceeds from sales of marketable securities 406,508 466,174
Proceeds from maturities of marketable securities 1,661,458 838,177
Proceeds from maturity of term deposit 30,000 0
Purchases of property and equipment and scooter fleet (34,476) (25,126)
Cash paid for acquisitions, net of cash acquired (12,440) (1,711)
Other investing activities 960 0
Net cash provided by investing activities 787,667 670,324
Cash flows from financing activities    
Repayment of loans (6,087) 0
Proceeds from exercise of stock options and other common stock issuances 2,372 1,601
Payment of deferred offering costs 0 (5,044)
Taxes paid related to net share settlement of equity awards (6,762) (784,724)
Principal payments on finance lease obligations (6,167) 0
Net cash used in financing activities (16,644) (788,167)
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents (120) 102
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents 563,977 (202,568)
Beginning of period 564,465 706,486
End of period 1,128,442 503,918
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the consolidated balance sheets    
Total cash, cash equivalents and restricted cash and cash equivalents 1,128,442 503,918
Non-cash investing and financing activities    
Purchases of property and equipment, and scooter fleet not yet settled 7,585 16,612
Deferred offering costs accrued, unpaid 0 2,240
Right-of-use assets acquired under operating leases 19,861 38,488
Purchases of property and equipment financed by seller 3,464 0
Settlement of pre-existing right-of-use assets under operating leases in connection with acquisition of Flexdrive 133,088 0
Settlement of pre-existing lease liabilities under operating leases in connection with acquisition of Flexdrive $ 130,089 $ 0