XML 27 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
At-the-Market Offering
2022 Subscription Agreement
Underwriting Agreement
2023 Subscription Agreement
2024 Underwriting Agreement
2024 Subscription Agreement
Series A Redeemable Convertible Preferred Stock
Series B Redeemable Convertible Preferred Stock
Common Stock
Common Stock
At-the-Market Offering
Common Stock
2022 Subscription Agreement
Common Stock
Underwriting Agreement
Common Stock
2023 Subscription Agreement
Common Stock
2024 Underwriting Agreement
Common Stock
2024 Subscription Agreement
Additional Paid-In Capital
Additional Paid-In Capital
At-the-Market Offering
Additional Paid-In Capital
2022 Subscription Agreement
Additional Paid-In Capital
Underwriting Agreement
Additional Paid-In Capital
2023 Subscription Agreement
Additional Paid-In Capital
2024 Underwriting Agreement
Additional Paid-In Capital
2024 Subscription Agreement
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2021 0                                                  
Beginning balance at Dec. 31, 2021 $ 0                                                  
Ending balance (in shares) at Dec. 31, 2022 0                                                  
Ending balance at Dec. 31, 2022 $ 0                                                  
Beginning balance (in shares) at Dec. 31, 2021                   1,647,555,590                                
Beginning balance at Dec. 31, 2021 3,909,355                 $ 165             $ 9,995,778             $ (20,716) $ 0 $ (6,065,872)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Net loss (1,304,460)                                                 (1,304,460)
Other comprehensive income (loss) (11,572)                                               (11,572)  
Tax withholding payments for net settlement of employee awards (218,789)                               (218,789)                  
Issuance of common stock upon vesting of employee RSUs (in shares)                   15,217,096                                
Issuance of common stock upon vesting of employee RSUs 0                 $ 1             (1)                  
Issuance of common stock under employee stock purchase plan (in shares)                   2,106,158                                
Issuance of common stock under employee stock purchase plan 24,562                               24,562                  
Issuance of common stock upon exercise of stock options (in shares)                   22,519,879                                
Issuance of common stock upon exercise of stock options 17,788                 $ 2             17,786                  
Issuance of common stock (in shares)                     56,203,334 85,712,679                            
Issuance of common stock   $ 594,317 $ 915,000               $ 6 $ 9           $ 594,311 $ 914,991              
Stock-based compensation 423,500                               423,500                  
Ending balance (in shares) at Dec. 31, 2022                   1,829,314,736                                
Ending balance at Dec. 31, 2022 $ 4,349,701                 $ 183             11,752,138             (20,716) (11,572) (7,370,332)
Ending balance (in shares) at Dec. 31, 2023 0             0 0                                  
Ending balance at Dec. 31, 2023 $ 0             $ 0 $ 0                                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Net loss (2,828,420)                                                 (2,828,420)
Other comprehensive income (loss) 16,422                                               16,422  
Tax withholding payments for net settlement of employee awards (17,615)                               (17,615)                  
Issuance of common stock upon vesting of employee RSUs (in shares)                   16,947,760                                
Issuance of common stock upon vesting of employee RSUs 0                 $ 2             (2)                  
Issuance of common stock under employee stock purchase plan (in shares)                   4,748,875                                
Issuance of common stock under employee stock purchase plan 23,836                               23,836                  
Issuance of common stock upon exercise of stock options (in shares)                   9,003,642                                
Issuance of common stock upon exercise of stock options 10,343                 $ 1             10,342                  
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 $ 300,560                               300,560                  
Ending balance (in shares) at Dec. 31, 2023 2,299,253,664                 2,299,253,664                                
Ending balance at Dec. 31, 2023 $ 4,851,692                 $ 230             15,066,080             (20,716) 4,850 (10,198,752)
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) $ 347,610                                                  
Ending balance (in shares) at Dec. 31, 2024 175,000             100,000 75,000                                  
Ending balance at Dec. 31, 2024 $ 1,299,842             $ 730,025 $ 569,817                                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                    
Net loss (2,713,942)                                                 (2,713,942)
Other comprehensive income (loss) (6,949)                                               (6,949)  
Tax withholding payments for net settlement of employee awards (10,021)                               (10,021)                  
Issuance of common stock upon vesting of employee RSUs (in shares)                   44,945,260                                
Issuance of common stock upon vesting of employee RSUs 0                 $ 5             (5)                  
Issuance of common stock under employee stock purchase plan (in shares)                   8,976,458                                
Issuance of common stock under employee stock purchase plan $ 19,208                               19,208                  
Issuance of common stock upon exercise of stock options (in shares) 4,513,606                 4,513,606                                
Issuance of common stock upon exercise of stock options $ 4,883                               4,883                  
Issuance of common stock (in shares)                             277,484,525 396,188,386                    
Issuance of common stock           $ 718,357 $ 1,025,660               $ 28 $ 40           $ 718,329 $ 1,025,620      
Accretion of redeemable convertible preferred stock (related party) (347,610)                               (347,610)                  
Stock-based compensation $ 331,534                               331,534                  
Ending balance (in shares) at Dec. 31, 2024 3,031,361,899                 3,031,361,899                                
Ending balance at Dec. 31, 2024 $ 3,872,812                 $ 303             $ 16,808,018             $ (20,716) $ (2,099) $ (12,912,694)