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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,337,586 $ 310,815
Accounts receivable, net 1,599 1,144
Prepaid expenses and other current assets 13,995 3,816
Amounts due from related parties 0 3,708
Total current assets 1,353,180 319,483
Property and equipment, net 36,053 22,116
Other assets 7,090 4,986
Total assets 1,396,323 346,585
Current liabilities:    
Accounts payable 4,544 4,542
Amounts due to related parties 0 4,360
Amounts due to joint development partners 7,394 1,355
Accrued expenses and other current liabilities 41,698 22,961
Short-term debt 1,524 4,623
Warrants liability 0 42,452
Capital lease liabilities, current 766 805
Total current liabilities 55,926 81,098
Capital lease liabilities, noncurrent 2,872 3,767
Long-term debt 5,543 1,807
Other liabilities 5,004 595
Total liabilities 69,345 87,267
Commitments and contingencies (Note 7)
Redeemable convertible preferred stock, $0.0001 par value; 138,102,770 and zero shares authorized as of December 31, 2020 and 2021, respectively; 102,074,703 and zero shares issued and outstanding as of December 31, 2020 and 2021, respectively; aggregate liquidation preference of $598,842 and $0 as of December 31, 2020 and 2021, respectively 0 664,791
Stockholders’ equity (deficit):    
Common Stock, $0.0001 par value, 361,897,230 and 4,876,000,000 Class A shares authorized as of December 31, 2020 and 2021, respectively; 60,543,337 and 197,833,195 Class A shares issued and outstanding as of December 31, 2020 and 2021, respectively; zero and 24,000,000 Class B shares authorized as of December 31, 2020 and 2021; zero and 24,000,000 Class B shares issued and outstanding as of December 31, 2020 and 2021, respectively 22 6
Additional paid-in capital 2,464,730 0
Accumulated deficit (1,137,851) (405,178)
Accumulated other comprehensive income (loss) 77 (301)
Total stockholders’ equity (deficit) 1,326,978 (405,473)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 1,396,323 $ 346,585