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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,169,489 $ 1,369,947
Short-term investments 1,824,900 2,489,798
Accounts receivable, net (including $84,884 and $35,526 from a related party as of March 31, 2024 and December 31, 2023, respectively) 126,930 51,822
Inventory 565,653 696,236
Prepaid expenses 72,135 69,682
Other current assets 74,890 79,670
Total current assets 4,833,997 4,757,155
Property, plant and equipment, net 2,971,601 2,810,867
Right-of-use assets 217,699 221,508
Long-term investments 627,591 461,029
Other noncurrent assets 185,352 180,626
Investments in equity securities of a related party 60,801 81,533
TOTAL ASSETS 8,897,041 8,512,718
Current liabilities:    
Accounts payable 101,489 108,724
Accrued compensation 100,641 92,494
Finance lease liabilities, current portion 7,548 8,202
Other current liabilities (including $99,201 and $92,258 associated with related parties as of March 31, 2024 and December 31, 2023, respectively) 827,041 798,990
Total current liabilities 1,036,719 1,008,410
Finance lease liabilities, net of current portion 75,807 77,653
Common stock warrant liability 26,610 53,664
Long-term debt 1,998,251 1,996,960
Other long-term liabilities (including $163,424 and $178,311 associated with related parties as of March 31, 2024 and December 31, 2023, respectively) 525,914 524,339
Derivative liability (Note 8 and Note $16 ) 497,100 0
Total liabilities 4,160,401 3,661,026
Commitments and contingencies (Note 12)
REDEEMABLE CONVERTIBLE PREFERRED STOCK    
Redeemable convertible preferred stock, par value $0.0001; 10,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 100,000 and 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively (Note 8 and Note 16) 504,450 0
STOCKHOLDERS’ EQUITY    
Common stock, par value $0.0001; 15,000,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 2,307,786,638 and 2,300,111,489 shares issued and 2,306,928,813 and 2,299,253,664 shares outstanding as of March 31, 2024 and December 31, 2023, respectively 231 230
Additional paid-in capital 15,134,686 15,066,080
Treasury stock, at cost, 857,825 shares at March 31, 2024 and December 31, 2023 (20,716) (20,716)
Accumulated other comprehensive income (loss) (2,400) 4,850
Accumulated deficit (10,879,611) (10,198,752)
Total stockholders’ equity 4,232,190 4,851,692
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY $ 8,897,041 $ 8,512,718