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CONSOLIDATED STATEMENTS OF CHANGES IN CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)
$ in Thousands
Total
Previously Reported
Convertible Preferred stock
Convertible Preferred stock
Previously Reported
Convertible Preferred stock
Retroactive application of reverse capitalization
Common stock
Common stock
Previously Reported
Common stock
Retroactive application of reverse capitalization
Additional paid-in capital
Additional paid-in capital
Previously Reported
Additional paid-in capital
Retroactive application of reverse capitalization
Accumulated deficit
Accumulated deficit
Previously Reported
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
Previously Reported
Noncontrolling interest
Noncontrolling interest
Previously Reported
Beginning balance (in shares) at Dec. 31, 2018     139,444,346 67,427,138 72,017,208                        
Beginning balance at Dec. 31, 2018     $ 447,747 $ 447,747                          
Ending balance (in shares) at Dec. 31, 2019     139,444,346 67,427,138 72,017,208                        
Ending balance at Dec. 31, 2019 $ 447,747   $ 447,747 $ 447,747                          
Beginning balance (in shares) at Dec. 31, 2018           87,362,592 42,243,445 45,119,147                  
Beginning balance at Dec. 31, 2018 $ (502,574) $ (502,574)       $ 9 $ 4 $ 5 $ 25,313 $ 25,318 $ (5) $ (527,896) $ (527,896) $ 0 $ 0 $ 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability (in shares) 916,527         443,179                      
Stock issuance for exercise of stock options, net of early exercise liability $ 601               601                
Retroactive application of reverse capitalization (in shares)           473,348                      
Stock-based compensation 3,301               3,301                
Unrealized holdings gain (loss) on investment securities, available-for-sale 46                         46      
Beneficial conversion feature 373,826               373,826                
Net loss (363,737)                     (363,737)          
Ending balance (in shares) at Dec. 31, 2019           88,279,119 42,686,624 45,592,495                  
Ending balance at Dec. 31, 2019 (488,537) (488,537)       $ 9 $ 4 $ 5 403,041 403,046 (5) (891,633) (891,633) 46 46 0 0
Ending balance (in shares) at Sep. 30, 2020     139,444,346                            
Ending balance at Sep. 30, 2020     $ 447,747                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability 954               954                
Stock-based compensation 4,949               4,949                
Unrealized holdings gain (loss) on investment securities, available-for-sale 718                                
Interests issued 3,903                             3,903  
Net loss (10,001)                     (10,001)          
Ending balance at Sep. 30, 2020 (488,014)               408,944     (901,634)   764   3,903  
Beginning balance (in shares) at Dec. 31, 2019     139,444,346 67,427,138 72,017,208                        
Beginning balance at Dec. 31, 2019 $ 447,747   $ 447,747 $ 447,747                          
Ending balance (in shares) at Dec. 31, 2020 139,444,346   139,444,346 67,427,138                          
Ending balance at Dec. 31, 2020 $ 447,747 [1]   $ 447,747                            
Beginning balance (in shares) at Dec. 31, 2019           88,279,119 42,686,624 45,592,495                  
Beginning balance at Dec. 31, 2019 $ (488,537) $ (488,537)       $ 9 $ 4 $ 5 403,041 $ 403,046 $ (5) (891,633) $ (891,633) 46 $ 46 0 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability (in shares) 1,297,977         627,626                      
Stock issuance for exercise of stock options, net of early exercise liability $ 1,748               1,748                
Retroactive application of reverse capitalization (in shares)           670,351                      
Stock-based compensation 7,078               7,078                
Buyback and subsequent cancellation of common shares (in shares)           (179,312)                      
Buyback and subsequent cancellation of common shares (957)                     (957)          
Retroactive application of reverse capitalization (in shares)           (191,518)                      
Unrealized holdings gain (loss) on investment securities, available-for-sale (36)                         (36)      
Interests issued 3,903                             3,903  
Net loss (136,392)                     (136,392)          
Ending balance (in shares) at Dec. 31, 2020           89,206,266                      
Ending balance at Dec. 31, 2020 (613,193)         $ 9     411,867     (1,028,982)   10   3,903  
Beginning balance (in shares) at Jun. 30, 2020     139,444,346                            
Beginning balance at Jun. 30, 2020     $ 447,747                            
Ending balance (in shares) at Sep. 30, 2020     139,444,346                            
Ending balance at Sep. 30, 2020     $ 447,747                            
Beginning balance at Jun. 30, 2020 (501,990)               407,115     (914,392)   1,375   3,903  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability 329               329                
Stock-based compensation 1,500               1,500                
Unrealized holdings gain (loss) on investment securities, available-for-sale (611)                                
Net loss 12,758                     12,758          
Ending balance at Sep. 30, 2020 $ (488,014)               408,944     (901,634)   764   3,903  
Beginning balance (in shares) at Dec. 31, 2020 139,444,346   139,444,346 67,427,138                          
Beginning balance at Dec. 31, 2020 $ 447,747 [1]   $ 447,747                            
Ending balance (in shares) at Sep. 30, 2021 0   0                            
Ending balance at Sep. 30, 2021 $ 0   $ 0                            
Beginning balance at Dec. 31, 2020 (613,193)         $ 9     411,867     (1,028,982)   10   3,903  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability 5,547               5,547                
Stock-based compensation 132,542               132,542                
Unrealized holdings gain (loss) on investment securities, available-for-sale (620)                                
Net loss (400,555)                     (400,555)          
Ending balance at Sep. 30, 2021 $ 412,290               1,838,639     (1,429,537)   (610)   3,903  
Ending balance (in shares) at Sep. 30, 2021 0   0                            
Ending balance at Sep. 30, 2021 $ 0   $ 0                            
Beginning balance at Jun. 30, 2021 314,855               1,706,334     (1,395,010)   (413)   3,903  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Stock issuance for exercise of stock options, net of early exercise liability 3,830               3,830                
Stock-based compensation 46,803               46,803                
Unrealized holdings gain (loss) on investment securities, available-for-sale (197)                                
Net loss (34,527)                     (34,527)          
Ending balance at Sep. 30, 2021 $ 412,290               $ 1,838,639     $ (1,429,537)   $ (610)   $ 3,903  
[1] Prior period results have been adjusted to reflect the exchange of Legacy Clover’s common stock for Clover Class B Common Stock at an exchange ratio of approximately 2.0681 in January 2021 as a result of the Business Combination. See Note 3 (Business Combination) for additional information.