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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net loss $ (2,579,761) $ (719,380) $ (277,357)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 62,907 10,217 3,842
Amortization of insurance premium 18,474 0 0
Non-cash operating lease cost 12,563 0 0
Stock-based compensation 516,757 4,614 7,719
Loss on disposal of property and equipment 52 139 30
Amortization of debt discount 237 0 3,394
Write-down of inventory 48,884 0 0
Change in fair value of contingent forward contract liability 454,546 118,382 15,053
Change in fair value of stock warrants liability   1,200  
Changes in operating assets and liabilities:      
Accounts receivable (2,888) 148 984
Inventory (175,091) (359) (188)
Financed insurance premium (41,935) 0 0
Prepaid expenses (25,045) 7,770 (27,590)
Other current assets (14,704) 7,360 (5,010)
Other noncurrent assets and security deposit 5,889 2,866 6,143
Accounts payable 4,354 (69,861) 5,843
Accrued compensation 16,167 13,249 2,774
Operating lease liability (10,019) 0 0
Other liabilities and accrued liabilities 65,456 53,454 28,658
Other long-term liabilities (4,712) 0 0
Net cash used in operating activities (1,058,133) (570,196) (235,299)
Cash flows from investing activities:      
Purchases of property, equipment, and software (421,220) (459,582) (104,290)
Proceeds from sale of short term investments 505 0
Proceed from sale of property, equipment, and software 22 0 0
Net cash used in investing activities (420,693) (459,582) (104,290)
Cash flows from financing activities:      
Proceeds from convertible debt 2,002,437 0 70,949
Payment of transaction costs for the issuance of convertible notes (15,883) 0 0
Payment for short-term insurance financing note (27,887) 0 0
Payment for capital lease liabilities 0 (364) 0
Payment for finance lease liabilities (3,088) 0 0
Proceeds from short-term insurance financing note 41,935 0 0
Proceeds from exercise of stock options 8,132 3,285 483
Proceeds from the exercise of public warrants 173,273 0 0
Proceeds from the reverse recapitalization 4,439,153 0 0
Payment of transaction costs related to the reverse recapitalization (38,865) 0 0
Treasury stock repurchase (20,716) 0 0
Stock repurchases from employees for tax withholdings (22,063) 0 0
Net cash provided by financing activities 7,136,428 1,290,545 621,432
Net increase in cash, cash equivalents, and restricted cash 5,657,602 260,767 281,843
Beginning cash, cash equivalents, and restricted cash 640,418 379,651 97,808
Ending cash, cash equivalents, and restricted cash 6,298,020 640,418 379,651
Supplemental disclosure of cash flow information:      
Cash paid for interest 627 51 30
Supplemental disclosure of non-cash investing and financing activity:      
Property and equipment included in accounts payable and accrued expense 101,057 117,946 32,863
Property and equipment and right-of-use assets obtained through leases 93,771 3,289 451
Extinguishment of Series B convertible preferred stock included in additional paid-in capital 0 1,000 0
Extinguishment of Series B convertible preferred stock included in accrued liabilities 0 3,000 0
Issuance of Series D convertible preferred stock upon exercise of preferred stock warrants 9,936 0 0
Deferred financing cost reclassed to convertible preferred stock 0 0 10,253
Issuance of Series E convertible preferred stock contingent forward contracts 2,167,332 793 0
Capital contribution upon forfeit of Series E awards 15,719 0 0
Issuance of common stock upon conversion of preferred stock in connection with the reverse recapitalization 5,836,785 0 0
Change in fair value of preferred stock warrant liability      
Adjustments to reconcile net loss to net cash used in operating activities:      
Change in fair value of stock warrants liability 6,976 1,205 406
Change in fair value of common stock warrant liability      
Adjustments to reconcile net loss to net cash used in operating activities:      
Change in fair value of stock warrants liability 582,760 0 0
Series B      
Cash flows from financing activities:      
Payments for repurchase of convertible preferred stock (3,000) 0 0
Series C      
Cash flows from financing activities:      
Payments for repurchase of convertible preferred stock 0 (12,101) (50,000)
Series D      
Cash flows from financing activities:      
Proceeds from issuance of convertible preferred shares 3,000 400,000 600,000
Supplemental disclosure of non-cash investing and financing activity:      
Issuance of convertible preferred stock upon settlement of contingent forward contracts 0 39,563 0
Convertible Notes converted into Series D convertible preferred stock 0 0 300,000
Unamortized Convertible Notes debt issuance cost and debt discount converted into Series D convertible preferred stock 0 0 (36,797)
Accrued interest of Convertible Notes converted to Series D convertible preferred stock 0 0 8,747
Series E      
Cash flows from financing activities:      
Proceeds from issuance of convertible preferred shares 600,000 899,725 0
Supplemental disclosure of non-cash investing and financing activity:      
Issuance of convertible preferred stock upon settlement of contingent forward contracts 2,621,877 0 0
Settlement of Series E convertible preferred stock contingent forward contract $ 0 $ 110,456 $ 0