Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1,610,135 $ 387,346
Restricted cash 280 182
Contract asset 32,538 0
Related party receivable 10,726 0
Prepaid expenses and other current assets 23,765 18,918
Total current assets 1,677,444 406,446
Property and equipment, net 93,517 10,897
Operating lease right-of-use assets 151,278 90,864
Restricted cash, long term 15,832 12,300
Other assets 21,050 15,631
Acquisition related intangible assets 617,200 52,700
Goodwill 1,113,766 30,047
Total assets 3,690,087 618,885
Current liabilities    
Accounts payable 7,901 6,502
Related party payable 540 0
Accrued expenses and other liabilities 70,006 18,768
Operating lease liabilities, current 12,274 6,681
Total current liabilities 90,721 31,951
Operating lease liabilities, long-term 134,551 97,153
Deferred tax liability 3,905 3,052
Other long-term liabilities 1,150 25
Total liabilities 348,385 132,181
Redeemable convertible preferred stock    
Redeemable convertible preferred stock, $0.00001 par value; nil and 290,300,547 shares issued and outstanding as of December 31, 2021, and December 31, 2020, respectively 0 763,283
Stockholders’ equity (deficit)    
Common stock - Class A shares, $0.00001 par value, 641,721,837 and 278,810,627 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively; Class B shares, $0.00001 par value, 481,107,977 and nil shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 11 0
Additional paid-in capital 4,432,907 59,184
Accumulated deficit (1,091,216) (335,763)
Total stockholders’ equity (deficit) 3,341,702 (276,579)
Total liabilities, redeemable convertible preferred stock, and stockholder’s equity (deficit) 3,690,087 618,885
Warrant    
Current liabilities    
Warrant and Earnout Shares liability 65,678 0
Earnout Shares    
Current liabilities    
Warrant and Earnout Shares liability $ 52,380 $ 0