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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue $ 137,814 $ 195,457 $ 438,120 $ 350,468
Costs and expenses        
Cost of revenue 469,722 492,483 1,526,051 1,030,795
Research and development 230,758 213,761 694,035 600,218
Selling, general and administrative 189,691 176,736 556,209 563,707
Restructuring charges 518 0 24,546 0
Total cost and expenses 890,689 882,980 2,800,841 2,194,720
Loss from operations (752,875) (687,523) (2,362,721) (1,844,252)
Other income (expense), net        
Interest income 66,064 24,373 145,594 27,284
Interest expense (3,340) (7,613) (17,138) (22,521)
Other income (expense), net (763) 665 (1,024) 9,898
Total other income, net 122,277 157,571 189,079 1,012,980
Loss before provision for income taxes (630,598) (529,952) (2,173,642) (831,272)
Provision for income taxes 296 149 1,012 540
Net loss (630,894) (530,101) (2,174,654) (831,812)
Net loss attributable to common stockholders, basic (630,894) (530,101) (2,174,654) (831,812)
Change in fair value of dilutive warrants 0 (140,146) 0 (998,319)
Net loss attributable to common stockholders, diluted $ (630,894) $ (670,247) $ (2,174,654) $ (1,830,131)
Weighted average shares outstanding attributable to common stockholders        
Basic (in shares) 2,284,446,783 1,676,048,504 2,010,916,100 1,666,693,217
Diluted (in shares) 2,284,446,783 1,690,963,548 2,010,916,100 1,686,576,589
Net loss per share attributable to common stockholders        
Basic (in dollars per share) $ (0.28) $ (0.32) $ (1.08) $ (0.50)
Diluted (in dollars per share) $ (0.28) $ (0.40) $ (1.08) $ (1.09)
Other comprehensive income (loss)        
Net unrealized gains (losses) on investments, net of tax $ 1,554 $ (12,575) $ 2,590 $ (13,266)
Foreign currency translation adjustments (1,967) 0 (1,381) 0
Total other comprehensive income (loss) (413) (12,575) 1,209 (13,266)
Comprehensive loss attributable to common stockholders (631,307) (542,676) (2,173,445) (845,078)
Change in fair value of common stock warrant liability        
Other income (expense), net        
Change in fair value of common stock warrant liability $ 60,316 $ 140,146 $ 61,647 $ 998,319