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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Underwriting Agreement
2023 Subscription Agreement
Series A Redeemable Convertible Preferred Stock
Series B 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 (2,174,654)                         (2,174,654)
Other comprehensive income (loss) 1,209                       1,209  
Tax withholding payments for net settlement of employee awards (14,705)               (14,705)          
Issuance of common stock upon vesting of employee RSUs (in shares)           11,607,793                
Issuance of common stock upon vesting of employee RSUs 0         $ 2     (2)          
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)           6,827,738                
Issuance of common stock upon exercise of stock options 7,321               7,321          
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 225,189               225,189          
Ending balance (in shares) at Sep. 30, 2023           2,289,276,510                
Ending balance at Sep. 30, 2023 5,406,015         $ 229     14,981,851     (20,716) (10,363) (9,544,986)
Beginning balance (in shares) at Jun. 30, 2023           2,282,278,815                
Beginning balance at Jun. 30, 2023 5,959,840         $ 228     14,904,370     (20,716) (9,950) (8,914,092)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (630,894)                         (630,894)
Other comprehensive income (loss) (413)                       (413)  
Tax withholding payments for net settlement of employee awards (4,327)               (4,327)          
Issuance of common stock upon vesting of employee RSUs (in shares)           5,172,059                
Issuance of common stock upon vesting of employee RSUs 0         $ 1     (1)          
Issuance of common stock upon exercise of stock options (in shares)           1,825,636                
Issuance of common stock upon exercise of stock options 2,214               2,214          
Stock-based compensation 79,595               79,595          
Ending balance (in shares) at Sep. 30, 2023           2,289,276,510                
Ending balance at Sep. 30, 2023 $ 5,406,015         $ 229     14,981,851     (20,716) (10,363) (9,544,986)
Beginning balance (in shares) at Dec. 31, 2023 0     0 0                  
Beginning balance at Dec. 31, 2023 $ 0     $ 0 $ 0                  
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Issuance of Series redeemable convertible preferred stock, net of derivative liability and issuance costs (related party) (in shares)       100,000 75,000                  
Issuance of Series redeemable convertible preferred stock, net of derivative liability and issuance costs (related party)       $ 500,549 $ 451,683                  
Accretion of redeemable convertible preferred stock (related party) $ 107,924                          
Ending balance (in shares) at Sep. 30, 2024 175,000     100,000 75,000                  
Ending balance at Sep. 30, 2024 $ 1,060,156     $ 591,897 $ 468,259                  
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 (2,316,724)                         (2,316,724)
Other comprehensive income (loss) 8,064                       8,064  
Tax withholding payments for net settlement of employee awards (8,502)               (8,502)          
Issuance of common stock upon vesting of employee RSUs (in shares)           30,766,957                
Issuance of common stock upon vesting of employee RSUs 0         $ 4     (4)          
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) 2,896,364         2,896,364                
Issuance of common stock upon exercise of stock options $ 3,246               3,246          
Accretion of redeemable convertible preferred stock (related party) (107,924)               (107,924)          
Stock-based compensation $ 242,764               242,764          
Ending balance (in shares) at Sep. 30, 2024 2,337,518,542         2,337,518,542                
Ending balance at Sep. 30, 2024 $ 2,683,720         $ 234     15,206,764     (20,716) 12,914 (12,515,476)
Beginning balance (in shares) at Jun. 30, 2024 100,000                          
Beginning balance at Jun. 30, 2024 $ 651,311                          
Increase (Decrease) in Temporary Equity [Roll Forward]                            
Issuance of Series redeemable convertible preferred stock, net of derivative liability and issuance costs (related party) (in shares)         75,000                  
Issuance of Series redeemable convertible preferred stock, net of derivative liability and issuance costs (related party)         $ 451,683                  
Accretion of redeemable convertible preferred stock (related party) $ (42,838)                          
Ending balance (in shares) at Sep. 30, 2024 175,000     100,000 75,000                  
Ending balance at Sep. 30, 2024 $ 1,060,156     $ 591,897 $ 468,259                  
Beginning balance (in shares) at Jun. 30, 2024           2,318,685,904                
Beginning balance at Jun. 30, 2024 3,515,897         $ 232     15,063,541     (20,716) (4,159) (11,523,001)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net loss (992,475)                         (992,475)
Other comprehensive income (loss) 17,073                       17,073  
Tax withholding payments for net settlement of employee awards (3,190)               (3,190)          
Issuance of common stock upon vesting of employee RSUs (in shares)           18,034,831                
Issuance of common stock upon vesting of employee RSUs 0         $ 2     (2)          
Issuance of common stock upon exercise of stock options (in shares)           797,807                
Issuance of common stock upon exercise of stock options 935               935          
Accretion of redeemable convertible preferred stock (related party) 42,838               42,838          
Stock-based compensation $ 102,642               102,642          
Ending balance (in shares) at Sep. 30, 2024 2,337,518,542         2,337,518,542                
Ending balance at Sep. 30, 2024 $ 2,683,720         $ 234     $ 15,206,764     $ (20,716) $ 12,914 $ (12,515,476)