XML 27 R8.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net loss $ (1,584,511) $ (1,062,144) $ (1,752,857)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 154,798 139,347 157,353
Stock-based compensation 750,767 724,560 565,807
Amortization of premium on marketable securities 2,955 4,100 6,461
Accretion of discount on marketable securities (23,245) (1,513) (14,075)
Amortization of debt discount and issuance costs 2,823 35,575 21,050
Deferred income tax from convertible senior notes 0 0 (46,324)
(Gain) loss on sale and disposal of assets, net (60,655) 5,538 15,216
Gain on divestiture 0 (119,284) 0
Impairment of non-marketable equity security 135,714 0 0
Other 23,592 3,321 4,518
Changes in operating assets and liabilities, net effects of acquisition      
Prepaid expenses and other assets (275,945) (207,046) 39,573
Operating lease right-of-use assets 96,317 61,301 61,201
Accounts payable (27,215) 47,080 44,489
Insurance reserves 348,721 81,564 (391,398)
Accrued and other liabilities 262,358 234,212 (36,679)
Lease liabilities (43,759) (48,332) (53,234)
Net cash used in operating activities (237,285) (101,721) (1,378,899)
Cash flows from investing activities      
Purchases of marketable securities (4,049,515) (3,801,736) (4,112,677)
Purchase of non-marketable security 0 (5,000) (10,000)
Purchases of term deposits (13,586) (458,021) (1,110,317)
Proceeds from sales of marketable securities 676,854 513,009 656,960
Proceeds from maturities of marketable securities 3,308,664 3,259,221 4,745,926
Proceeds from maturities of term deposits 395,092 675,481 645,622
Purchases of property and equipment and scooter fleet (114,970) (79,176) (93,639)
Cash paid for acquisitions, net of cash acquired (146,334) 3 (12,342)
Sales of property and equipment 129,840 42,543 30,894
Proceeds from divestiture 0 122,688 0
Other 0 (2,000) 0
Net cash provided by (used in) investing activities 186,045 267,012 740,427
Cash flows from financing activities      
Repayment of loans (67,639) (44,446) (50,639)
Proceeds from issuance of convertible senior notes 0 0 734,065
Payment of debt issuance costs  0 0 (824)
Purchase of capped call 0 0 (132,681)
Proceeds from exercise of stock options and other common stock issuances 21,655 33,822 26,067
Taxes paid related to net share settlement of equity awards (6,733) (26,297) (20,240)
Principal payments on finance lease obligations (34,783) (35,547) (41,682)
Other 0 (2) (1,500)
Net cash provided by (used in) financing activities (87,500) (72,470) 512,566
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents (631) (113) (74)
Net (decrease) increase in cash, cash equivalents and restricted cash and cash equivalents (139,371) 92,708 (125,980)
Beginning of period 531,193 438,485 564,465
End of period 391,822 531,193 438,485
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents to the consolidated balance sheets      
Cash and cash equivalents 281,090 457,325 319,734
Restricted cash and cash equivalents 109,368 73,205 118,559
Restricted cash, included in prepaid expenses and other current assets 1,364 663 192
Total cash, cash equivalents and restricted cash and cash equivalents 391,822 531,193 438,485
Supplemental disclosures of cash flow information      
Cash paid for income taxes 10,723 5,865 4,037
Cash paid for interest 16,752 16,521 12,545
Non-cash investing and financing activities      
Financed vehicles acquired, net of principal payments 48,104 56,830 34,051
Purchases of property and equipment, and scooter fleet not yet settled 31,534 12,214 7,220
Contingent consideration 15,000 0 0
Right-of-use assets acquired under finance leases 11,428 26,640 6,556
Right-of-use assets acquired under operating leases 498 7,148 28,838
Remeasurement of finance and operating lease right of use assets for lease modification (321) 58 0
Purchase of non-marketable securities 0 64,756 0
Settlement of pre-existing right-of-use assets under operating leases in connection with acquisition of Flexdrive 0 0 133,088
Settlement of pre-existing lease liabilities under operating leases in connection with acquisition of Flexdrive $ 0 $ 0 $ 130,089