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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 540,308 $ 262,728
Accounts receivable, net 12,725 0
Prepaid expenses and other current assets 17,309 10,491
Total current assets 570,342 273,219
Property and equipment, net 10,852 5,292
Investments in non-marketable equity securities 55,628 0
Net Carrying Amount 83,241 0
Goodwill 87,230 0
Other long-term assets 3,839 3,910
Total assets 811,132 282,421
Current liabilities:    
Accounts payable 10,047 22,039
Accrued professional fees 0 5,699
Other current liabilities 70,157 19,618
Total current liabilities 80,204 47,356
Long-term common stock warrant liabilities 12,318 178,232
Other long-term liabilities 14,274 46
Total liabilities 106,796 225,634
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock $0.0001 par value; 10 million shares authorized — 0 issued and outstanding as of September 30, 2021 and December 31, 2020 0 0
Common stock $0.0001 par value; 625 million shares authorized; Class A common stock – 500 million shares authorized; 339 million and 292 million shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively; Class B common stock – 125 million shares authorized; 69 million and 78 million shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 40 37
Additional paid-in capital 1,025,017 295,065
Accumulated deficit (320,721) (238,315)
Total stockholders’ equity [1] 704,336 56,787
Total liabilities and stockholders’ equity $ 811,132 $ 282,421
[1] Retroactively restated for the reverse recapitalization as described in Notes 1 and 3.