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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (6,752,000,000) $ (4,688,000,000) $ (1,018,000,000)
Depreciation and amortization 652,000,000 197,000,000 29,000,000
Stock-based compensation 987,000,000 570,000,000 0
Other expenses (Note 2) 0 643,000,000 0
Loss on convertible notes, net 0 441,000,000 0
Inventory write-downs and losses on firm purchase commitments 920,000,000 95,000,000 0
Other non-cash activities 82,000,000 36,000,000 41,000,000
Changes in operating assets and liabilities:      
Accounts receivable (76,000,000) (20,000,000) 11,000,000
Inventory (1,657,000,000) (369,000,000) 0
Other current assets (14,000,000) (81,000,000) (34,000,000)
Other non-current assets (22,000,000) (8,000,000) (8,000,000)
Accounts payable and accrued liabilities 623,000,000 461,000,000 121,000,000
Other current liabilities 104,000,000 83,000,000 11,000,000
Other non-current liabilities 101,000,000 18,000,000 (1,000,000)
Net cash used in operating activities (5,052,000,000) (2,622,000,000) (848,000,000)
Cash flows from investing activities:      
Capital expenditures (1,369,000,000) (1,794,000,000) (914,000,000)
Net cash used in investing activities (1,369,000,000) (1,794,000,000) (914,000,000)
Cash flows from financing activities:      
Proceeds from share issuance upon initial public offering, net of underwriting discounts and commissions and offering costs 0 13,530,000,000 0
Proceeds from issuance of capital stock including employee stock purchase plan 102,000,000 2,658,000,000 2,506,000,000
Proceeds from issuance of convertible notes 0 2,500,000,000 0
Proceeds from issuance of long-term debt, net of discount and debt issuance costs 0 1,226,000,000 0
Principal payments and other financing activities (3,000,000) (86,000,000) (6,000,000)
Net cash provided by financing activities 99,000,000 19,828,000,000 2,500,000,000
Effect of exchange rate changes on cash and cash equivalents (2,000,000) 0 0
Net change in cash (6,324,000,000) 15,412,000,000 738,000,000
Cash, cash equivalents, and restricted cash—Beginning of period 18,423,000,000 3,011,000,000 2,273,000,000
Cash, cash equivalents, and restricted cash—End of period 12,099,000,000 18,423,000,000 3,011,000,000
Supplemental disclosure of cash flow information:      
Cash paid for interest 88,000,000 2,000,000 4,000,000
Supplemental disclosure of non-cash investing and financing activities:      
Capital expenditures included in liabilities 364,000,000 479,000,000 325,000,000
Conversion of convertible notes 0 2,941,000,000 0
Conversion of convertible preferred stock 0 7,894,000,000 0
Warrants issuance $ 0 $ 0 $ 3,000,000