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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Class A
Common Stock
Class B Convertible
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Loss
Accumulated Deficit
Beginning Balance at Dec. 31, 2022 $ (383,120) $ 18 $ 2 $ 1,841,120 $ (782,104) $ (13,801) $ (1,428,355)
Beginning Balance (in shares) at Dec. 31, 2022   18,269 1,964   (8,684)    
Net Income (Loss) 461,193 $ 0 $ 0 0 $ 0 0 461,193
Other comprehensive income (loss) 738 0 0 0 0 738 0
Issuance of class A common stock upon exercise of stock options 6,750 $ 0 $ 0 6,750 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   44 0   0    
Issuance of class A common stock under employee stock purchase plan 2,380 $ 0 $ 0 2,380 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   13 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (514) $ 0 $ 0 (514) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   4 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 338,962 $ 2 $ 0 338,960 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   1,349 0   0    
Share-based compensation expense 16,822 $ 0 $ 0 16,822 $ 0 0 0
Ending Balance at Mar. 31, 2023 443,211 $ 20 $ 2 2,205,518 $ (782,104) (13,063) (967,162)
Ending Balance (in shares) at Mar. 31, 2023   19,679 1,964   (8,684)    
Net Income (Loss) 22,243 $ 0 $ 0 0 $ 0 0 22,243
Other comprehensive income (loss) (87) 0 0 0 0 (87) 0
Issuance of class A common stock upon exercise of stock options 5,354 $ 0 $ 0 5,354 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   39 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (242) $ 0 $ 0 (242) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   6 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 333,494 $ 1 $ 0 333,493 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   1,079 0   0    
Share-based compensation expense 15,145 $ 0 $ 0 15,145 $ 0 0 0
Ending Balance at Jun. 30, 2023 819,118 $ 21 $ 2 2,559,268 $ (782,104) (13,150) (944,919)
Ending Balance (in shares) at Jun. 30, 2023   20,803 1,964   (8,684)    
Net Income (Loss) (143,441) $ 0 $ 0 0 $ 0 0 (143,441)
Other comprehensive income (loss) (2,205) 0 0 0 0 (2,205) 0
Issuance of class A common stock upon exercise of stock options 2,113 $ 0 $ 0 2,113 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   10 0        
Issuance of class A common stock under employee stock purchase plan 1,575 $ 0 $ 0 1,575 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   7 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (747) $ 0 $ 0 (747) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   4 0        
Issuance of class A common stock under public offerings, net of issuance costs 147,218 $ 0 $ 0 147,218 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   403 0   0    
Share-based compensation expense 16,764 $ 0 $ 0 16,764 $ 0 0 0
Ending Balance at Sep. 30, 2023 840,395 $ 21 $ 2 2,726,191 $ (782,104) (15,355) (1,088,360)
Ending Balance (in shares) at Sep. 30, 2023   21,227 1,964   (8,684)    
Net Income (Loss) 89,126 $ 0 $ 0 0 $ 0 0 89,126
Other comprehensive income (loss) 3,911 0 0 0 0 3,911 0
Issuance of class A common stock upon exercise of stock options 16,302 $ 1 $ 0 16,301 $ 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   82 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (2,841) $ 0 $ 0 (2,841) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   12 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 1,200,415 $ 2 $ 0 1,200,413 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   2,267 0   0    
Share-based compensation expense 17,664 $ 0 $ 0 17,664 $ 0 0 0
Ending Balance at Dec. 31, 2023 2,164,972 $ 24 $ 2 3,957,728 $ (782,104) (11,444) (999,234)
Ending Balance (in shares) at Dec. 31, 2023   23,588 1,964   (8,684)    
Net Income (Loss) (53,118) $ 0 $ 0 0 $ 0 0 (53,118)
Other comprehensive income (loss) (1,725) 0 0 0 0 (1,725) 0
Issuance of class A common stock upon exercise of stock options 136,088 $ 0 $ 0 136,088 0 0 0
Issuance of class A common stock upon exercise of stock options (in shares)   573 0        
Issuance of class A common stock under employee stock purchase plan 2,071 $ 0 $ 0 2,071 $ 0 0 0
Issuance of class A common stock under employee stock purchase plan, (in shares)   7 0   0    
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes (1,273) $ 0 $ 0 (1,273) $ 0 0 0
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes, (in shares)   4 0   0    
Issuance of class A common stock under public offerings, net of issuance costs 137,152 $ 0 $ 0 137,152 $ 0 0 0
Issuance of class A common stock under public offerings, net of issuance costs, (in shares)   195 0   0    
Share-based compensation expense 15,938 $ 0 $ 0 15,938 $ 0 0 0
Ending Balance at Mar. 31, 2024 $ 2,400,105 $ 24 $ 2 $ 4,247,704 $ (782,104) $ (13,169) $ (1,052,352)
Ending Balance (in shares) at Mar. 31, 2024   24,367 1,964   (8,684)