General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit)

v3.21.2
Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
Total
Reinvent Technology Partners Y [Member]
Common stock
Additional Paid-in Capital
Additional Paid-in Capital
Reinvent Technology Partners Y [Member]
Accumulated other comprehensive income
Accumulated Deficit
Accumulated Deficit
Reinvent Technology Partners Y [Member]
Class A Ordinary Shares
Reinvent Technology Partners Y [Member]
Class B Ordinary Shares
Class B Ordinary Shares
Reinvent Technology Partners Y [Member]
Redeemable Convertible Preferred stock
Beginning balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2018                       $ 89,639,000
Beginning balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2018                       59,780,210
Beginning balance (in Common shares) at Dec. 31, 2018     112,740,624                  
Beginning balance at Dec. 31, 2018 $ (24,260,000)   $ 11,000 $ 2,966,000     $ (27,237,000)          
Issuance of Series B redeemable convertible preferred stock net of issuance costs                       $ 633,966,000
Issuance of Series B redeemable convertible preferred stock net of issuance costs (in shares)                       69,146,470
Issuance of Series B redeemable convertible preferred stock in relation to acquisition                       $ 21,259,000
Issuance of Series B redeemable convertible preferred stock in relation to acquisition (in shares)                       2,300,690
Issuance of Series B-1 redeemable convertible preferred stock in relation to acquisition                       $ 18,951,000
Issuance of Series B-1 redeemable convertible preferred stock in relation to acquisition (in shares)                       2,557,518
Issuance of common stock in relation to acquisition 6,933,000     6,933,000                
Issuance of common stock in relation to acquisition (Shares)     1,835,678                  
Issuance of common stock upon exercise of stock options 318,000     318,000                
Issuance of common stock upon exercise of stock options (Shares)     676,884                  
Vesting of early exercised stock options 603,000     603,000                
Vesting of early exercised stock options (Shares)     1,557,604                  
Vesting of restricted stock     $ 1,000 (1,000)                
Vesting of restricted stock (Share)     4,854,049                  
Cancellation of restricted stock (Shares)     (250,000)                  
Stock-based compensation 28,133,000     28,133,000                
Unrealized gain on held for sale investments 125,000         $ 125,000            
Net loss (94,077,000)           (94,077,000)          
Net loss $ (94,078,000)                      
Ending balance (in Common shares) at Dec. 31, 2019 128,434,407   121,414,839                  
Ending balance at Dec. 31, 2019 $ (82,225,000)   $ 12,000 38,952,000   125,000 (121,314,000)          
Ending balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2019                       $ 763,815,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2019                       133,784,888
Issuance of common stock upon exercise of stock options 557,000     557,000                
Issuance of common stock upon exercise of stock options (Shares)     384,689                  
Vesting of early exercised stock options 315,000     315,000                
Vesting of early exercised stock options (Shares)     680,710                  
Vesting of restricted stock     $ 1,000 (1,000)                
Vesting of restricted stock (Share)     2,106,976                  
Stock-based compensation 8,763,000     8,763,000                
Unrealized gain on held for sale investments 289,000         289,000            
Net loss (87,069,000)                      
Net loss (87,070,000)           (87,070,000)          
Ending balance (in Common shares) at Jun. 30, 2020     124,587,214                  
Ending balance at Jun. 30, 2020 $ (159,371,000)   $ 13,000 48,586,000   414,000 (208,384,000)          
Ending balance (in Redeemable Convertible Preferred Stock) at Jun. 30, 2020                       $ 763,815,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Jun. 30, 2020                       133,784,888
Beginning balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2019                       $ 763,815,000
Beginning balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2019                       133,784,888
Beginning balance (in Common shares) at Dec. 31, 2019 128,434,407   121,414,839                  
Beginning balance at Dec. 31, 2019 $ (82,225,000)   $ 12,000 38,952,000   125,000 (121,314,000)          
Repurchase of series B redeemable convertible preferred stock                       $ (532,000)
Repurchase of series B redeemable convertible preferred stock (in shares)                       (57,620)
Issuance of common stock upon exercise of stock options 2,952,000     2,952,000                
Issuance of common stock upon exercise of stock options (Shares)     1,581,669                  
Vesting of early exercised stock options 388,000     388,000                
Vesting of early exercised stock options (Shares)     1,042,290                  
Vesting of restricted stock     $ 1,000 (1,000)                
Vesting of restricted stock (Share)     4,395,609                  
Stock-based compensation 16,880,000     16,880,000                
Unrealized gain on held for sale investments (125,000)         $ (125,000)            
Net loss (214,449,000)           (214,449,000)          
Net loss $ (214,449,000)                      
Ending balance (in Common shares) at Dec. 31, 2020 128,434,407   128,434,407           0   24,437,500 [1],[2]  
Ending balance at Dec. 31, 2020 $ (276,579,000) $ 6,380 $ 13,000 59,171,000 $ 22,556   (335,763,000) $ (18,620) $ 0   $ 2,444  
Ending balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2020                       $ 763,283,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2020                 0 2,875,000   133,727,268
Ending balance (in shares) at Dec. 31, 2020                 0   24,437,500  
Beginning balance at Oct. 01, 2020   0     0     0 $ 0   $ 0  
Beginning balance (in shares) at Oct. 01, 2020                 0   0  
Sale of units in initial public offering, less allocation to derivative warrant liabilities (in shares)                     2,875,000  
Issuance of Class B ordinary shares to Sponsor   $ 25,000     22,556     0 $ 0   $ 2,444  
Issuance of Class B ordinary shares to Sponsor (in shares)   85,000,000             0   24,437,500  
Net loss   $ (18,620)           (18,620)        
Ending balance (in Common shares) at Dec. 31, 2020 128,434,407   128,434,407           0   24,437,500 [1],[2]  
Ending balance at Dec. 31, 2020 $ (276,579,000) 6,380 $ 13,000 59,171,000 22,556   (335,763,000) (18,620) $ 0   $ 2,444  
Ending balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2020                       $ 763,283,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2020                 0 2,875,000   133,727,268
Ending balance (in shares) at Dec. 31, 2020                 0   24,437,500  
Sale of units in initial public offering, less allocation to derivative warrant liabilities   957,730,890     957,721,115       $ 9,775      
Sale of units in initial public offering, less allocation to derivative warrant liabilities (in shares)                 97,750,000      
Offering costs   (53,390,327)     (53,390,327)              
Sale of private placement warrants to Sponsor in private placement   6,858,410     6,858,410              
Shares subject to possible redemption   (903,981,360)     (903,972,320)       $ (9,040)      
Shares subject to possible redemption (in shares)                 (90,398,136)      
Net loss   (2,223,991)           (2,223,991)        
Ending balance at Mar. 31, 2021   5,000,002     7,239,434     (2,242,611) $ 735   $ 2,444  
Ending balance (in shares) at Mar. 31, 2021                 7,351,864   24,437,500  
Beginning balance (in Redeemable Convertible Preferred Stock) at Dec. 31, 2020                       $ 763,283,000
Beginning balance (in Redeemable Convertible Preferred Stock shares) at Dec. 31, 2020                 0 2,875,000   133,727,268
Beginning balance (in Common shares) at Dec. 31, 2020 128,434,407   128,434,407           0   24,437,500 [1],[2]  
Beginning balance at Dec. 31, 2020 $ (276,579,000) 6,380 $ 13,000 59,171,000 22,556   (335,763,000) (18,620) $ 0   $ 2,444  
Beginning balance (in shares) at Dec. 31, 2020                 0   24,437,500  
Issuance of Series U-1 redeemable convertible preferred stock in relation to acquisition (in shares)                       50,873,075
Issuance of Series U-1 redeemable convertible preferred stock in relation to acquisition                       $ 1,000,000,000
Issuance of Series U-2 redeemable convertible preferred stock, net of issuance costs (in shares)                       20,349,230
Issuance of Series U-2 redeemable convertible preferred stock, net of issuance costs                       $ 397,862,000
Issuance of common stock in relation to acquisitions , shares     118,784,896                  
Issuance of common stock in relation to acquisitions 937,669,000   $ 12,000 937,657,000                
Purchase consideration allocated to non-cash compensation expense 7,873,000     7,873,000                
Issuance of common stock upon exercise of stock options 2,204,000     2,204,000                
Issuance of common stock upon exercise of stock options (Shares)     1,362,086                  
Vesting of early exercised stock options 143,000     143,000                
Vesting of early exercised stock options (Shares)     420,834                  
Vesting of restricted stock (Share)     722,238                  
Stock-based compensation 80,583,000     80,583,000                
Net loss (370,431,000) (5,829,716)         (370,431,000)       $ (5,829,716)  
Net loss                     $ (5,829,716)  
Ending balance (in Common shares) at Jun. 30, 2021     249,724,461           7,712,437   24,437,500  
Ending balance at Jun. 30, 2021 381,462,000 5,000,007 $ 25,000 1,087,631,000 10,845,128   (706,194,000) (5,848,336) $ 771   $ 2,444  
Ending balance (in Redeemable Convertible Preferred Stock) at Jun. 30, 2021   900,375,630                   $ 2,161,145,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Jun. 30, 2021                 90,037,563     204,949,573
Ending balance (in shares) at Jun. 30, 2021                 7,712,437   24,437,500  
Beginning balance at Mar. 31, 2021   5,000,002     7,239,434     (2,242,611) $ 735   $ 2,444  
Beginning balance (in shares) at Mar. 31, 2021                 7,351,864   24,437,500  
Shares subject to possible redemption   3,605,730     3,605,694       $ 36      
Shares subject to possible redemption (in shares)                 360,573      
Net loss   (3,605,725)           (3,605,725)     $ (3,605,725)  
Net loss                     $ (3,605,725)  
Ending balance (in Common shares) at Jun. 30, 2021     249,724,461           7,712,437   24,437,500  
Ending balance at Jun. 30, 2021 $ 381,462,000 5,000,007 $ 25,000 $ 1,087,631,000 $ 10,845,128   $ (706,194,000) $ (5,848,336) $ 771   $ 2,444  
Ending balance (in Redeemable Convertible Preferred Stock) at Jun. 30, 2021   $ 900,375,630                   $ 2,161,145,000
Ending balance (in Redeemable Convertible Preferred Stock shares) at Jun. 30, 2021                 90,037,563     204,949,573
Ending balance (in shares) at Jun. 30, 2021                 7,712,437   24,437,500  
[1] On February 10, 2021, the Company effected a share capitalization resulting in an aggregate of 24,437,500 Class B ordinary shares outstanding. All shares and associated amounts have been retroactively restated to reflect the share capitalization (see Note 5).
[2] This number includes up to 3,187,500 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters.