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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income (loss) $ 42,881 $ (26,521)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation and amortization 64,202 70,071
Stock-based compensation 175,260 165,837
Amortization of premium on marketable securities 61 157
Accretion of discount on marketable securities (37,673) (43,319)
Amortization of debt discount and issuance costs 1,689 1,755
Loss (gain) on sale and disposal of assets, net 2,372 (4,514)
Other (6,504) 1,185
Changes in operating assets and liabilities, net effects of acquisition    
Prepaid expenses and other assets 195 12,146
Operating lease right-of-use assets 11,253 13,124
Accounts payable 7,173 39,854
Insurance reserves 246,472 151,709
Accrued and other liabilities 139,140 75,047
Lease liabilities (15,559) (24,152)
Net cash provided by operating activities 630,962 432,379
Cash flows from investing activities    
Purchases of marketable securities (1,594,199) (2,102,390)
Purchases of term deposits 0 (2,194)
Proceeds from sales of marketable securities 209,395 91,712
Proceeds from maturities of marketable securities 1,868,470 1,693,080
Proceeds from maturities of term deposits 2,194 3,539
Purchases of property and equipment and scooter fleet (20,786) (48,905)
Sales of property and equipment 31,188 46,888
Other investing activities 0 1,113
Net cash provided by (used in) investing activities 496,262 (317,157)
Cash flows from financing activities    
Repayment of loans (33,174) (40,985)
Payment for settlement of convertible senior notes due 2025 (390,719) (350,000)
Proceeds from issuance of convertible senior notes due 2029 0 460,000
Payment of debt issuance costs  0 (11,888)
Purchase of capped call 0 (47,886)
Repurchase of Class A common stock (200,000) (50,000)
Proceeds from exercise of stock options and other common stock issuances 7,304 6,403
Taxes paid related to net share settlement of equity awards (61,495) (8,898)
Principal payments on finance lease obligations (20,933) (23,629)
Other financing activities (255) 0
Net cash used in financing activities (699,272) (66,883)
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents 1,120 (501)
Net increase in cash, cash equivalents and restricted cash and cash equivalents 429,072 47,838
Beginning of period 946,040 771,786
End of period 1,375,112 819,624
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the condensed consolidated balance sheets    
Cash and cash equivalents 913,845 604,357
Restricted cash and cash equivalents 461,267 213,903
Restricted cash, included in prepaid expenses and other current assets 0 1,364
Total cash, cash equivalents and restricted cash and cash equivalents 1,375,112 819,624
Non-cash investing and financing activities    
Financed vehicles acquired 21,962 84,418
Purchases of property and equipment and scooter fleet not yet settled 10,178 12,195
Right-of-use assets acquired under finance leases 3,655 32,775
Right-of-use assets acquired under operating leases 2,754 3,407
Remeasurement of finance and operating lease right of use assets (2,593) (7,600)
Repurchase of Class A common stock, including excise tax, accrued and not yet paid $ 1,113 $ 0