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Schedule I - Condensed Financial Information - Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net loss $ (43,009) $ (213,361) $ (339,567)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Intercompany stock-based compensation expense 114,331 140,931 164,305
Gain on debt extinguishment on note payable 0 0 (23,326)
Accretion, net of amortization (2,524) (4,014) (1,503)
Changes in operating assets and liabilities:      
Other assets 2,852 8,859 (8,208)
Accounts payable and accrued expenses (2,620) 4,739 7,635
Intercompany accrued salaries and benefits (1,971) (2,901) 8,784
Net cash provided by (used in) operating activities 34,845 (144,662) (203,926)
Cash flows from investing activities:      
Purchases of short-term investments, available-for-sale, and held-to-maturity securities (201,241) (175,567) (369,396)
Proceeds from sales of short-term investments and available-for-sale securities 83,673 60,436 13,348
Proceeds from maturities of short-term investments and available-for-sale securities 119,689 255,728 472,098
Net cash provided by investing activities 565 140,013 95,133
Cash flows from financing activities:      
Issuance of common stock, net of early exercise liability 709 34 1,400
Purchase of treasury stock (16,491) (6,220) (6,362)
Issuance of common stock under employee stock purchase plan, net of stock issuance costs 193 1,116 0
Repurchases of common stock (1,772) 0 0
Net cash used in financing activities (17,361) (5,070) (4,962)
Net increase (decrease) in cash and cash equivalents 18,049 (9,719) (113,755)
Cash and cash equivalents, beginning of period 176,494 [1] 186,213 [1] 299,968
Cash and cash equivalents, end of period [1] 194,543 176,494 186,213
Supplemental disclosure of non-cash investing and financing activities      
Activities from Seek Dissolution 0 0 735
Parent Company      
Cash flows from operating activities:      
Net loss (43,009) (213,361) (339,567)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Intercompany stock-based compensation expense 114,331 140,931 164,305
Gain on debt extinguishment on note payable 0 0 (23,326)
Accretion, net of amortization (102) (1,614) (1,648)
Net realized losses (gains) on investment securities 769 4,321 (6,613)
Changes in operating assets and liabilities:      
Other receivables (24) 0 0
Other assets 394 5,464 (6,339)
Accounts payable and accrued expenses 0 (182) (334)
Intercompany accrued salaries and benefits 65 22 4,936
Other liabilities 220 0 0
Intercompany payable 20,778 (17,365) (36,681)
Net cash provided by (used in) operating activities 93,422 (81,784) (245,267)
Cash flows from investing activities:      
Purchases of short-term investments, available-for-sale, and held-to-maturity securities 0 (57,294) (250,030)
Proceeds from sales of short-term investments and available-for-sale securities 1,507 30,563 3,829
Proceeds from maturities of short-term investments and available-for-sale securities 24,137 173,620 391,643
Investments in consolidated subsidiaries (3,235) (81,441) 58,611
Net cash provided by investing activities 22,409 65,448 204,053
Cash flows from financing activities:      
Issuance of common stock, net of early exercise liability 709 1,150 1,400
Purchase of treasury stock (16,490) (6,220) (6,362)
Issuance of common stock under employee stock purchase plan, net of stock issuance costs 193 0 0
Repurchases of common stock (1,772) 0 0
Net cash used in financing activities (17,360) (5,070) (4,962)
Net increase (decrease) in cash and cash equivalents 98,471 (21,406) (46,176)
Cash and cash equivalents, beginning of period 48,312 69,718 115,894
Cash and cash equivalents, end of period 146,783 48,312 69,718
Supplemental disclosure of non-cash investing and financing activities      
Activities from Seek Dissolution $ 0 $ 0 $ 735
[1]
(1) Includes all applicable amounts for both continuing and discontinued operations.