v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 514 $ 547
Marketable securities 516 474
Accounts receivable, net 95 77
Inventories, net 98 110
Deferred costs, net 56 44
Prepaid expenses and other current assets 201 155
Total current assets 1,480 1,407
Property and equipment, net 69 61
Operating lease right-of-use assets 23 77
Intangible assets, net 28 29
Goodwill 113 107
Restricted cash 49 28
Deferred costs, non-current 59 38
Other non-current assets 13 14
Total non-current assets 354 354
Total assets 1,834 1,761
Current liabilities:    
Accounts payable 27 30
Operating lease liabilities 10 14
Deferred revenue 38 39
Accrued expenses and other current liabilities 499 413
Total current liabilities 574 496
Warrants to purchase common stock 72 68
Operating lease liabilities, non-current 22 80
Deferred revenue, non-current 14 7
Other long-term liabilities 3 12
Total liabilities 685 663
Commitments and Contingencies (Note 14)
Stockholders’ Equity:    
Preferred stock- par value $0.000001; 100,000,000 shares authorized, no shares issued or outstanding 0 0
Treasury stock, at cost; 225,000 shares outstanding at September 30, 2023 and December 31, 2022 0 0
Accumulated other comprehensive loss (2) (2)
Additional paid-in capital 2,738 2,477
Accumulated deficit (1,587) (1,377)
Total stockholders’ equity 1,149 1,098
Total liabilities and stockholders’ equity 1,834 1,761
Class A common stock    
Stockholders’ Equity:    
Common stock 0 0
Class B common stock    
Stockholders’ Equity:    
Common stock $ 0 $ 0