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

Condensed Consolidated Statement of Cash Flows

v3.21.2
Condensed Consolidated Statement of Cash Flows - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:          
Net loss   $ (370,431,000) $ (87,069,000) $ (214,449,000) $ (94,077,000)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation, amortization and other   9,252,000 1,442,000    
Depreciation and amortization       3,117,000 1,837,000
Reduction in the carrying amount of ROU assets   12,012,000 5,896,000 14,109,000 4,299,000
Accretion of discount on short-term investments   0 (220,000) (143,000) (4,267,000)
Loss on disposal of equipment       0 127,000
Stock based compensation   78,438,000 8,763,000 16,880,000 28,133,000
Non-cash compensation   7,873,000      
Change in deferred tax asset valuation allowance   (2,638,000) 0 0 (7,778,000)
Unrealized gain on investments held in Trust Account   0 (289,000) 125,000 (125,000)
Changes in operating assets and liabilities:          
Accounts payable       2,189,000 (852,000)
Accounts payable   (3,389,000) 3,729,000    
Accounts receivable       0 3,316,000
Prepaid expenses and other current assets   1,847,000 (1,597,000) (11,692,000) (6,249,000)
Other assets   (2,872,000) (8,333,000) (14,038,000) (506,000)
Accrued expenses and other current and non-current liabilities   (48,491,000) 5,159,000 13,674,000 1,367,000
Operating lease liability   (14,553,000) (3,413,000) 0 (16,601,000)
Deferred revenue       (1,526,000) (3,475,000)
Deposit liability   50,000,000 0    
Net cash used in operating activities   (282,952,000) (75,643,000) (191,879,000) (94,726,000)
Cash Flows from Investing Activities:          
Purchases of property and equipment   (13,128,000) (1,211,000) (6,689,000) (3,826,000)
Net cash acquired in acquisitions   294,439,000 0    
Proceeds from sale of property and equipment       0 2,000
Purchase of business, net of cash acquired       0 (23,144,000)
Purchase of short-term investments   0 (120,110,000) (120,022,000) (745,566,000)
Maturities of short-term investments   0 300,000,000 470,000,000 400,000,000
Net cash used in investing activities   281,311,000 178,679,000 343,289,000 (372,534,000)
Cash Flows from Financing Activities:          
Proceeds from issuance of series B Series U-2 preferred stock, net   397,862,000 0    
Proceeds from early exercised stock options       79,000 435,000
Payments to repurchase unvested early exercised stock options       (763,000) (17,000)
Payments to repurchase (proceeds from issuance of) series B preferred stock, net       (532,000) 633,966,000
Proceeds from issuance of common stock   2,246,000 557,000 2,662,000 318,000
Net cash provided by financing activities   400,108,000 557,000 1,446,000 634,702,000
Net increase in cash   398,467,000 103,593,000 152,856,000 167,442,000
Cash - beginning of the period   399,828,000 246,972,000 246,972,000 79,530,000
Cash - end of the period $ 399,828,000 798,295,000 $ 350,565,000 399,828,000 $ 246,972,000
Reinvent Technology Partners Y [Member]          
Cash Flows from Operating Activities:          
Net loss (18,620) (5,829,716)      
Adjustments to reconcile net loss to net cash used in operating activities:          
Change in fair value of derivative warrant liabilities   3,753,970      
Financing costs - derivative warrant liabilities   1,111,480      
Unrealized gain on investments held in Trust Account   (43,775)      
Changes in operating assets and liabilities:          
Prepaid expenses 18,620 (1,318,225)      
Accounts payable   27,964      
Accrued expenses   53,396      
Due to related party   497,675      
Net cash used in operating activities 0 (1,747,231)      
Cash Flows from Investing Activities:          
Cash deposited in Trust Account   (977,500,000)      
Net cash used in investing activities   (977,500,000)      
Cash Flows from Financing Activities:          
Repayment of note payable to related party   (295,179)      
Proceeds received from initial public offering, gross   977,500,000      
Proceeds received from private placement   22,250,000      
Offering costs paid   (19,706,097)      
Net cash provided by financing activities   979,748,724      
Net increase in cash 0 501,493      
Cash - beginning of the period 0 0      
Cash - end of the period 0 501,493   $ 0  
Supplemental disclosure of noncash investing and financing activities:          
Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000        
Offering costs included in accounts payable 33,033        
Offering costs included in accrued expenses $ 23,450 236,816      
Offering costs paid by related party under promissory note   295,179      
Deferred legal fees   18,182      
Deferred underwriting commissions   34,212,500      
Value of Class A ordinary shares subject to possible redemption   905,037,840      
Change in value of Class A ordinary shares subject to possible redemption   $ (1,056,480)