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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Summary of Net Loss Before Provision for Income Taxes

Net loss before provision for income taxes consisted of the following (in thousands):

			Year ended December 31,
			2023						2022						2021
United States			$	(190,912)					$	(898,036)					$	(394,392)
International			34,067						23,983						20,670
Total net loss before provision for income taxes			$	(156,845)					$	(874,053)					$	(373,722)

Summary of Provision for Income Taxes

The provision for income taxes consisted of the following (in thousands):

			Year ended December 31,
			2023						2022						2021
Current
Federal			$	—					$	—					$	—
State			1,792						1,104						746
Foreign			5,972						4,710						3,580
Total current			$	7,764					$	5,814					$	4,326
Deferred
Federal			$	—					$	—					$	—
State			—						—						—
Foreign			631						(701)						(1,798)
Total deferred			631						(701)						(1,798)
Total income tax provision			$	8,395					$	5,113					$	2,528

Summary of Variation of Effective Provision for (Benefit from) Income Taxes from Statutory Federal Income Tax Rate

The provision for income taxes differed from the amounts computed by applying the U.S. federal income tax rate to pretax loss as a result of the following (in thousands):

			Year ended December 31,
			2023						2022						2021
Federal tax benefit at statutory rate			$	(32,937)					$	(183,551)					$	(78,482)
State tax, net of federal tax benefit			1,415						848						314
Research and development credits			(11,574)						(12,830)						(10,135)
Share-based compensation			10,956						5,828						(45,501)
Loss on debt extinguishment			—						19						365
Other permanent differences			1,674						3,143						835
Global intangible low-taxed income			3,035						—						—
Foreign tax rate differential			548						(2,497)						(4,104)
Net operating losses not recognized			35,278						194,153						139,236
Release of valuation allowance associated with acquisitions			—						—						—
Total income tax provision			$	8,395					$	5,113					$	2,528

Summary of Deferred Income Tax Assets and Liabilities

The types of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows (in thousands):

			Year ended December 31,
			2023						2022
Deferred tax assets
Net operating loss and credit carry-forwards			$	463,400					$	491,323
Research and development credits			87,111						71,756
Research and development expenditure capitalization			130,792						75,821
Basis difference in investments			40,655						107,756
Sales tax accrual			67						90
Share-based compensation			21,014						14,986
Acquired intangibles			76,171						50,156
Accrued liabilities			17,994						16,550
Gross deferred tax assets			837,204						828,438
Valuation allowance			(674,720)						(669,690)
Total deferred tax assets			162,484						158,748
Deferred tax liabilities
Deferred sales commissions			(117,875)						(117,724)
Lease right of use assets			(8,255)						(7,045)
Property and equipment			(35,753)						(32,746)
Net deferred tax assets			$	601					$	1,233

Summary of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

The following shows the changes in the gross amount of unrecognized tax benefits as of December 31, 2023 (in thousands):

			2023						2022						2021
Unrecognized tax benefits, beginning of the year			$	26,412					$	20,010					$	14,158
Increases related to prior year tax positions			—						—						—
Decreases related to prior year tax positions			(418)						—						—
Increases related to current year tax positions			5,982						6,402						5,852
Unrecognized tax benefits, end of year			$	31,976					$	26,412					$	20,010

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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