CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands |
Total |
Class A Common Stock |
Class B Common Stock |
Common Stock
Class A Common Stock
|
Common Stock
Class B Common Stock
|
Additional Paid in Capital |
Accumulated Deficit |
Accumulated Other Comprehensive Income |
Treasury Stock Amount |
| Beginning balance (in shares) at Dec. 31, 2022 |
|
|
|
450,575
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2022 |
$ 1,322,693
|
|
|
$ 45
|
$ 39
|
$ 6,750,055
|
$ (5,131,801)
|
$ 36,488
|
$ (332,133)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
701
|
|
|
|
|
|
| Exercise of stock options |
2,192
|
|
|
|
|
2,192
|
|
|
|
| Stock-based compensation |
117,400
|
|
|
|
|
117,400
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(1,399)
|
|
|
|
|
|
| Purchase of treasury stock |
(27,358)
|
|
|
|
|
|
|
|
(27,358)
|
| Restricted stock unit vesting (in shares) |
|
|
|
11,757
|
|
|
|
|
|
| Restricted stock unit vesting |
1
|
|
|
$ 1
|
|
|
|
|
|
| Net income (loss) |
(397,148)
|
|
|
|
|
|
(397,148)
|
|
|
| Ending balance (in shares) at Mar. 31, 2023 |
|
|
|
461,634
|
393,014
|
|
|
|
|
| Ending balance at Mar. 31, 2023 |
1,017,780
|
|
|
$ 46
|
$ 39
|
6,869,647
|
(5,528,949)
|
36,488
|
(359,491)
|
| Beginning balance (in shares) at Dec. 31, 2022 |
|
|
|
450,575
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2022 |
1,322,693
|
|
|
$ 45
|
$ 39
|
6,750,055
|
(5,131,801)
|
36,488
|
(332,133)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Shares issued in connection with business combinations |
0
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(757,521)
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2023 |
|
|
|
465,906
|
393,014
|
|
|
|
|
| Ending balance at Sep. 30, 2023 |
801,422
|
|
|
$ 46
|
$ 39
|
7,045,655
|
(5,889,322)
|
36,488
|
(391,484)
|
| Beginning balance (in shares) at Mar. 31, 2023 |
|
|
|
461,634
|
393,014
|
|
|
|
|
| Beginning balance at Mar. 31, 2023 |
1,017,780
|
|
|
$ 46
|
$ 39
|
6,869,647
|
(5,528,949)
|
36,488
|
(359,491)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
284
|
|
|
|
|
|
| Exercise of stock options |
1,144
|
|
|
|
|
1,144
|
|
|
|
| Stock-based compensation |
89,193
|
|
|
|
|
89,193
|
|
|
|
| Shares issued for exercise of warrants (in shares) |
|
|
|
62
|
|
|
|
|
|
| Exercise of warrants |
1,470
|
|
|
|
|
1,470
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(587)
|
|
|
|
|
|
| Purchase of treasury stock |
(13,826)
|
|
|
|
|
|
|
|
(13,826)
|
| Restricted stock unit vesting (in shares) |
|
|
|
1,864
|
|
|
|
|
|
| Restricted stock unit vesting |
0
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(77,270)
|
|
|
|
|
|
(77,270)
|
|
|
| Ending balance (in shares) at Jun. 30, 2023 |
|
|
|
463,257
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2023 |
1,018,491
|
|
|
$ 46
|
$ 39
|
6,961,454
|
(5,606,219)
|
36,488
|
(373,317)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
1,359
|
|
|
|
|
|
| Exercise of stock options |
5,506
|
|
|
|
|
5,506
|
|
|
|
| Stock-based compensation |
78,353
|
|
|
|
|
78,353
|
|
|
|
| Shares issued for exercise of warrants (in shares) |
|
|
|
11
|
|
|
|
|
|
| Exercise of warrants |
342
|
|
|
|
|
342
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(617)
|
|
|
|
|
|
| Purchase of treasury stock |
(18,167)
|
|
|
|
|
|
|
|
(18,167)
|
| Restricted stock unit vesting (in shares) |
|
|
|
1,896
|
|
|
|
|
|
| Restricted stock unit vesting |
0
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(283,103)
|
|
|
|
|
|
(283,103)
|
|
|
| Ending balance (in shares) at Sep. 30, 2023 |
|
|
|
465,906
|
393,014
|
|
|
|
|
| Ending balance at Sep. 30, 2023 |
801,422
|
|
|
$ 46
|
$ 39
|
7,045,655
|
(5,889,322)
|
36,488
|
(391,484)
|
| Beginning balance (in shares) at Dec. 31, 2023 |
|
472,697
|
393,014
|
472,697
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2023 |
840,306
|
|
|
$ 46
|
$ 39
|
7,149,858
|
(5,933,943)
|
36,488
|
(412,182)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
630
|
|
|
|
|
|
| Exercise of stock options |
2,857
|
|
|
|
|
2,857
|
|
|
|
| Stock-based compensation |
117,702
|
|
|
|
|
117,702
|
|
|
|
| Shares issued for exercise of warrants (in shares) |
|
|
|
1,002
|
|
|
|
|
|
| Exercise of warrants |
46,181
|
|
|
|
|
46,181
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(782)
|
|
|
|
|
|
| Purchase of treasury stock |
(33,499)
|
|
|
|
|
|
|
|
(33,499)
|
| Restricted stock unit vesting (in shares) |
|
|
|
2,520
|
|
|
|
|
|
| Restricted stock unit vesting |
0
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(142,568)
|
|
|
|
|
|
(142,568)
|
|
|
| Ending balance (in shares) at Mar. 31, 2024 |
|
|
|
476,067
|
393,014
|
|
|
|
|
| Ending balance at Mar. 31, 2024 |
830,979
|
|
|
$ 46
|
$ 39
|
7,316,598
|
(6,076,511)
|
36,488
|
(445,681)
|
| Beginning balance (in shares) at Dec. 31, 2023 |
|
472,697
|
393,014
|
472,697
|
393,014
|
|
|
|
|
| Beginning balance at Dec. 31, 2023 |
$ 840,306
|
|
|
$ 46
|
$ 39
|
7,149,858
|
(5,933,943)
|
36,488
|
(412,182)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
7,717
|
|
|
|
|
|
|
|
|
| Shares issued in connection with business combinations |
$ 331,557
|
|
|
|
|
|
|
|
|
| Net income (loss) |
(372,434)
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2024 |
|
487,169
|
393,014
|
487,169
|
393,014
|
|
|
|
|
| Ending balance at Sep. 30, 2024 |
1,076,116
|
|
|
$ 47
|
$ 39
|
7,836,271
|
(6,306,377)
|
36,488
|
(490,352)
|
| Beginning balance (in shares) at Mar. 31, 2024 |
|
|
|
476,067
|
393,014
|
|
|
|
|
| Beginning balance at Mar. 31, 2024 |
830,979
|
|
|
$ 46
|
$ 39
|
7,316,598
|
(6,076,511)
|
36,488
|
(445,681)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
257
|
|
|
|
|
|
| Exercise of stock options |
2,586
|
|
|
|
|
2,586
|
|
|
|
| Stock-based compensation |
93,681
|
|
|
|
|
93,681
|
|
|
|
| Shares issued for exercise of warrants (in shares) |
|
|
|
6
|
|
|
|
|
|
| Exercise of warrants |
217
|
|
|
|
|
217
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(631)
|
|
|
|
|
|
| Purchase of treasury stock |
(24,413)
|
|
|
|
|
|
|
|
(24,413)
|
| Restricted stock unit vesting (in shares) |
|
|
|
1,970
|
|
|
|
|
|
| Restricted stock unit vesting |
0
|
|
|
|
|
|
|
|
|
| Shares issued in connection with business combinations (in shares) |
|
|
|
7,757
|
|
|
|
|
|
| Shares issued in connection with business combinations |
331,557
|
|
|
$ 1
|
|
331,556
|
|
|
|
| Net income (loss) |
63,822
|
|
|
|
|
|
63,822
|
|
|
| Ending balance (in shares) at Jun. 30, 2024 |
|
|
|
485,426
|
393,014
|
|
|
|
|
| Ending balance at Jun. 30, 2024 |
1,298,429
|
|
|
$ 47
|
$ 39
|
7,744,638
|
(6,012,689)
|
36,488
|
(470,094)
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
|
|
| Exercise of stock options (in shares) |
|
|
|
529
|
|
|
|
|
|
| Exercise of stock options |
1,355
|
|
|
|
|
1,355
|
|
|
|
| Stock-based compensation |
90,260
|
|
|
|
|
90,260
|
|
|
|
| Shares issued for exercise of warrants (in shares) |
|
|
|
1
|
|
|
|
|
|
| Exercise of warrants |
18
|
|
|
|
|
18
|
|
|
|
| Purchase of treasury stock (in shares) |
|
|
|
(598)
|
|
|
|
|
|
| Purchase of treasury stock |
(20,258)
|
|
|
|
|
|
|
|
(20,258)
|
| Restricted stock unit vesting (in shares) |
|
|
|
1,811
|
|
|
|
|
|
| Restricted stock unit vesting |
0
|
|
|
|
|
|
|
|
|
| Shares issued in connection with business combinations (in shares) |
|
|
|
0
|
|
|
|
|
|
| Shares issued in connection with business combinations |
0
|
|
|
$ 0
|
|
0
|
|
|
|
| Net income (loss) |
(293,688)
|
|
|
|
|
|
(293,688)
|
|
|
| Ending balance (in shares) at Sep. 30, 2024 |
|
487,169
|
393,014
|
487,169
|
393,014
|
|
|
|
|
| Ending balance at Sep. 30, 2024 |
$ 1,076,116
|
|
|
$ 47
|
$ 39
|
$ 7,836,271
|
$ (6,306,377)
|
$ 36,488
|
$ (490,352)
|