Post-effective amendment to a registration statement that is not immediately effective upon filing

Consolidated Balance Sheets

v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 955,563 $ 77,337
Short-term investments 343,248 368,587
Total cash, cash equivalents and short-term investments 1,298,811 445,924
Other receivables 2,315 2,227
Prepaid expenses and other current assets 17,416 3,032
Total current assets 1,318,542 451,183
Property and equipment, net 53,155 34,126
Restricted cash 762 693
Equity method investment 20,306 10,990
Intangible assets 14,512 0
Goodwill 10,757 0
Other non-current assets 70,321 262
Total assets 1,488,355 497,254
Current liabilities:    
Accounts payable 3,637 4,928
Tenant improvements loan, current portion 265 244
Capital lease, current portion 771 792
Deferred rent, current portion 384 295
Accrued expenses and other current liabilities 8,791 1,746
Total current liabilities 13,848 8,005
Tenant improvements loan, net of current portion 682 946
Capital lease, net of current portion 672 661
Deferred rent, net of current portion 937 1,321
Warrant liability 44,902  
Earnout shares liability 109,844  
Stock repurchase liability 711 1,177
Total liabilities 171,596 12,110
Commitments and contingencies (Note 9)
Redeemable convertible preferred stock: $0.0001 par value—No shares and 364,736,032 shares authorized at December 31, 2021 and 2020 respectively. No shares and 332,764,215 shares issued and outstanding at December 31, 2021 and 2020, respectively (Cumulative liquidation preference $769,679 at December 31, 2020) 0 768,312
Stockholders' equity (deficit):    
Preferred stock: $0.0001 par value—100,000,000 shares and no shares authorized at December 31, 2021 and 2020, respectively. No shares issued and outstanding at December 31, 2021 and 2020, respectively. 0 0
Common stock: $0.0001 par value—1,400,000,000 and 517,865,383 shares authorized at December 31, 2021 and 2020, 604,174,329 and 122,058,940 shares issued and outstanding at December 31, 2021 and 2020, respectively 60 0
Additional paid-in capital 1,793,431 12,591
Accumulated deficit (476,610) (296,286)
Accumulated other comprehensive income (loss) (122) 527
Total stockholders' equity (deficit) 1,316,759 (283,168)
Total liabilities, redeemable convertible preferred stock, and stockholders' equity (deficit) $ 1,488,355 $ 497,254