Stockholders' Equity |
6 Months Ended |
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Jun. 30, 2023 | |
| Stockholders' Equity | |
| Stockholders' Equity | 11. Stockholders’ Equity Common Stock and Warrants On August 24, 2022, a warrant to purchase up to 16,000,000 shares of common stock was issued in connection with a transaction agreement with Amazon, as discussed in Note 12, “Warrant Transaction Agreements.” This warrant is measured at fair value at the time of grant or modification and is classified as an equity instrument on the unaudited interim condensed consolidated balance sheets. Accumulated Other Comprehensive Income Accumulated other comprehensive income is comprised of unrealized gains and losses on available-for-sale securities and foreign currency translation gains and losses. Amounts reclassified from accumulated other comprehensive (loss)/income for the three and six months ended June 30, 2023 and June 30, 2022, respectively, were $0. Net current-period other comprehensive income for the three months ended June 30, 2023 increased due to unrealized gains on available-for-sale securities of $2.2 million and foreign currency translation gains of $3.1 million. Net current-period other comprehensive loss for the three months ended June 30, 2022 increased due to unrealized losses on available-for-sale securities of $3.3 million and foreign currency translation losses of $7.2 million. Net current period other comprehensive income for the six months ended June 30, 2023 increased due to unrealized gains on available-for-securities of $7.5 million and foreign currency translation gains of $4.7 million. Net current period other comprehensive losses for the six months ended June 30, 2022 increased due to unrealized losses on available-for-sale securities of $18.4 million and foreign currency translation losses of $9.0 million.
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