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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (779,528) $ (81,286)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 49,838 38,242
Amortization of insurance premium 10,263 7,499
Non-cash operating lease cost 5,830 4,104
Stock-based compensation 53,819 174,551
Inventory and firm purchase commitments write-downs 227,048 96,366
Other non-cash items (19,050) 1,255
Changes in operating assets and liabilities:    
Accounts receivable 17,009 2,281
Inventory (354,154) (303,022)
Prepaid expenses (9,082) 20,523
Other current assets 22,193 (49,625)
Other noncurrent assets (27,337) (11,175)
Accounts payable (66,174) 5,713
Accrued compensation 21,545 (3,607)
Operating lease liability (5,837) (3,099)
Other current liabilities 7,211 128,060
Other long-term liabilities 4,340 1,901
Net cash used in operating activities (801,264) (494,649)
Cash flows from investing activities:    
Purchases of property, plant and equipment (241,770) (185,082)
Purchases of investments (842,538) 0
Proceeds from maturities of investments 1,041,151 0
Proceeds from sale of investments 13,244 0
Proceeds from insurance claims 1,197 0
Net cash used in investing activities (28,716) (185,082)
Cash flows from financing activities:    
Payment for short-term insurance financing note 0 (12,949)
Payment for finance lease liabilities (1,427) (1,201)
Proceeds from exercise of stock options 2,181 9,114
Tax withholding payments for net settlement of employee awards (6,499) (182,265)
Net cash used in financing activities (5,745) (187,301)
Net decrease in cash, cash equivalents, and restricted cash (835,725) (867,032)
Beginning cash, cash equivalents, and restricted cash 1,737,320 6,298,020
Ending cash, cash equivalents, and restricted cash 901,595 5,430,988
Supplemental disclosure of cash flow information:    
Cash paid for interest, net of amounts capitalized 857 312
Supplemental disclosure of non-cash investing and financing activity:    
Decrease in purchases of property, plant and equipment included in Accounts payable and other current liabilities (19,812) (2,753)
Property, plant and equipment and right-of-use assets obtained through leases 3,862 10,008
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 common stock warrant liability $ 40,802 $ (523,330)