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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net loss $ (295,033) $ (105,353)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 47,384 25,412
Provision for severance benefits 32,272 14,782
Equity-based compensation 86,966 6,380
Paid-in-Kind Interest 20,148 20,686
Revaluation of derivative instrument 0 17,890
Non-cash operating lease expense 57,318 27,379
Non-cash others 15,153 9,545
Change in operating assets and liabilities:    
Accounts receivable, net (14,076) (14,181)
Inventories (209,443) (9,075)
Other assets (72,439) (58,738)
Accounts payable 166,536 353,278
Accrued expenses 22,737 (18,328)
Deferred revenue 1,603 31,246
Other liabilities (42,475) 13,797
Net cash (used in) provided by operating activities (183,349) 314,720
Investing activities:    
Purchases of property and equipment (146,831) (68,105)
Proceeds from sale of property and equipment 30 45
Other investing activities (3,681) 3,854
Net cash used in investing activities (150,482) (64,206)
Financing activities:    
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts 3,431,277 0
Deferred offering costs paid (11,618) 0
Repurchase of common units and preferred units 0 (38,174)
Proceeds from Issuance of Common Stock/Units, Equity-Based Compensation Plan 43,735 5,193
Proceeds from short-term borrowings and long-term debt 56,464 152,330
Repayment of short-term borrowings and long-term debt (13,687) (4,637)
Other financing activities (487) (433)
Net cash provided by financing activities 3,505,684 114,279
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (39,457) (55,752)
Net increase in cash and cash equivalents, and restricted cash 3,132,396 309,041
Cash and cash equivalents, and restricted cash, as of beginning of period 1,401,302 1,371,535
Cash and cash equivalents, and restricted cash, as of end of period 4,533,698 1,680,576
Supplemental disclosure of cash-flow information:    
Cash paid for income taxes 401 503
Cash paid for interest 6,973 5,409
Non-cash investing and financing activities:    
Increase (decrease) of property and equipment related to accounts payable and accrued expenses 1,230  
Increase (decrease) of property and equipment related to accounts payable and accrued expenses   (6,381)
Conversion of common units into Class A and Class B common stock 87,064 0
Conversion of redeemable convertible preferred units into Class A and Class B common stock 3,465,611 0
Conversion of convertible notes into Class A common stock $ 609,999 $ 0