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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Underwriting Agreement
2023 Subscription Agreement
Redeemable Convertible Preferred Stock
Common Stock
Common Stock
Underwriting Agreement
Common Stock
2023 Subscription Agreement
Additional Paid-In Capital
Additional Paid-In Capital
Underwriting Agreement
Additional Paid-In Capital
2023 Subscription Agreement
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2022         1,829,314,736                
Beginning balance at Dec. 31, 2022 $ 4,349,701       $ 183     $ 11,752,138     $ (20,716) $ (11,572) $ (7,370,332)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (1,543,760)                       (1,543,760)
Other comprehensive income (loss) 1,622                     1,622  
Tax withholding payments for net settlement of employee awards (10,378)             (10,378)          
Issuance of common stock upon vesting of employee RSUs (in shares)         6,435,734                
Issuance of common stock upon vesting of employee RSUs 0       $ 1     (1)          
Issuance of common stock under employee stock purchase plan (in shares)         2,287,592                
Issuance of common stock under employee stock purchase plan 15,089             15,089          
Issuance of common stock upon exercise of stock options (in shares)         5,002,102                
Issuance of common stock upon exercise of stock options 5,107             5,107          
Issuance of common stock (in shares)           173,544,948 265,693,703            
Issuance of common stock   $ 1,184,224 $ 1,812,641     $ 17 $ 27   $ 1,184,207 $ 1,812,614      
Stock-based compensation 145,594             145,594          
Ending balance (in shares) at Jun. 30, 2023         2,282,278,815                
Ending balance at Jun. 30, 2023 5,959,840       $ 228     14,904,370     (20,716) (9,950) (8,914,092)
Beginning balance (in shares) at Mar. 31, 2023         1,833,385,174                
Beginning balance at Mar. 31, 2023 3,631,851       $ 183     11,809,781     (20,716) (7,537) (8,149,860)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (764,232)                       (764,232)
Other comprehensive income (loss) (2,413)                     (2,413)  
Tax withholding payments for net settlement of employee awards (3,879)             (3,879)          
Issuance of common stock upon vesting of employee RSUs (in shares)         4,565,661                
Issuance of common stock upon vesting of employee RSUs 0       $ 1     (1)          
Issuance of common stock under employee stock purchase plan (in shares)         2,287,592                
Issuance of common stock under employee stock purchase plan 15,089             15,089          
Issuance of common stock upon exercise of stock options (in shares)         2,801,737                
Issuance of common stock upon exercise of stock options 2,926             2,926          
Issuance of common stock (in shares)           173,544,948 265,693,703            
Issuance of common stock   $ 1,184,224 $ 1,812,641     $ 17 $ 27   $ 1,184,207 $ 1,812,614      
Stock-based compensation 83,633             83,633          
Ending balance (in shares) at Jun. 30, 2023         2,282,278,815                
Ending balance at Jun. 30, 2023 $ 5,959,840       $ 228     14,904,370     (20,716) (9,950) (8,914,092)
Beginning balance (in shares) at Dec. 31, 2023 0     0                  
Beginning balance at Dec. 31, 2023 $ 0     $ 0                  
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Issuance of Series A redeemable convertible preferred stock, net of derivative liability and issuance costs (related party) (in shares)       100,000                  
Issuance of Series A redeemable convertible preferred stock, net of derivative liability and issuance costs (related party)       $ 500,549                  
Accretion of Series A redeemable convertible preferred stock (related party)       $ 150,762                  
Ending balance (in shares) at Jun. 30, 2024 100,000     100,000                  
Ending balance at Jun. 30, 2024 $ 651,311     $ 651,311                  
Beginning balance (in shares) at Dec. 31, 2023 2,299,253,664       2,299,253,664                
Beginning balance at Dec. 31, 2023 $ 4,851,692       $ 230     15,066,080     (20,716) 4,850 (10,198,752)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (1,324,249)                       (1,324,249)
Other comprehensive income (loss) (9,009)                     (9,009)  
Tax withholding payments for net settlement of employee awards (5,312)             (5,312)          
Issuance of common stock upon vesting of employee RSUs (in shares)         12,732,126                
Issuance of common stock upon vesting of employee RSUs 0       $ 2     (2)          
Issuance of common stock under employee stock purchase plan (in shares)         4,601,557                
Issuance of common stock under employee stock purchase plan $ 11,104             11,104          
Issuance of common stock upon exercise of stock options (in shares) 2,098,557       2,098,557                
Issuance of common stock upon exercise of stock options $ 2,311             2,311          
Accretion of Series A redeemable convertible preferred stock (related party) (150,762)             (150,762)          
Stock-based compensation $ 140,122             140,122          
Ending balance (in shares) at Jun. 30, 2024 2,318,685,904       2,318,685,904                
Ending balance at Jun. 30, 2024 $ 3,515,897       $ 232     15,063,541     (20,716) (4,159) (11,523,001)
Beginning balance (in shares) at Mar. 31, 2024       100,000                  
Beginning balance at Mar. 31, 2024       $ 504,450                  
Increase (Decrease) in Temporary Equity [Roll Forward]                          
Accretion of Series A redeemable convertible preferred stock (related party)       $ 146,861                  
Ending balance (in shares) at Jun. 30, 2024 100,000     100,000                  
Ending balance at Jun. 30, 2024 $ 651,311     $ 651,311                  
Beginning balance (in shares) at Mar. 31, 2024         2,306,928,813                
Beginning balance at Mar. 31, 2024 4,232,190       $ 231     15,134,686     (20,716) (2,400) (10,879,611)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net loss (643,390)                       (643,390)
Other comprehensive income (loss) (1,759)                     (1,759)  
Tax withholding payments for net settlement of employee awards (2,070)             (2,070)          
Issuance of common stock upon vesting of employee RSUs (in shares)         6,472,275                
Issuance of common stock upon vesting of employee RSUs 0       $ 1     (1)          
Issuance of common stock under employee stock purchase plan (in shares)         4,601,557                
Issuance of common stock under employee stock purchase plan 11,104             11,104          
Issuance of common stock upon exercise of stock options (in shares)         683,259                
Issuance of common stock upon exercise of stock options 786             786          
Accretion of Series A redeemable convertible preferred stock (related party) (146,861)             (146,861)          
Stock-based compensation $ 65,897             65,897          
Ending balance (in shares) at Jun. 30, 2024 2,318,685,904       2,318,685,904                
Ending balance at Jun. 30, 2024 $ 3,515,897       $ 232     $ 15,063,541     $ (20,716) $ (4,159) $ (11,523,001)