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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Company's Income (Loss) from Operations Before Income Tax Provision (Benefit) by Jurisdiction | The Company’s loss before income tax expense by jurisdiction is as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Domestic | $ | (628,984) |  |  | $ | (712,183) |  |  | $ | (1,633,016) |
Foreign | 85,953 |  |  | 58,536 |  |  | (81,520) |
Loss before income tax expense | $ | (543,031) |  |  | $ | (653,647) |  |  | $ | (1,714,536) |
Schedule of Components of Income Tax Expense (Benefit) | Significant components of the current and deferred income tax expense (benefit) are as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
Domestic | $ | (1,300) |  |  | $ | 1,300 |  |  | $ | — |
State and local | (157) |  |  | 503 |  |  | — |
Foreign | 1,445 |  |  | 2,489 |  |  | 29,215 |
Total current income tax expense (benefit) | (12) |  |  | 4,292 |  |  | 29,215 |
Deferred: |  |  |  |  |
Foreign | 2,043 |  |  | — |  |  | — |
Total income tax expense | $ | 2,031 |  |  | $ | 4,292 |  |  | $ | 29,215 |
Schedule of Tax Rate Differences | A reconciliation of income tax expense to the amount computed by applying the U.S. federal statutory tax rate to the Company’s effective tax rate is as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Statutory federal tax rate | 21 | % |  | 21 | % |  | 21 | %
State income taxes, net of federal benefit | 1 | % |  | 2 | % |  | 6 | %
Research and development and other tax credits | — | % |  | 1 | % |  | 1 | %
Non-deductible expenses | — | % |  | (1) | % |  | (2) | %
Non-cash stock-based compensation | (1) | % |  | (1) | % |  | 4 | %
U.S. taxation of foreign operations | (4) | % |  | (3) | % |  | — | %
Cancellation of Indebtedness | (1) | % |  | — | % |  | (1) | %
Non-US tax credits | 4 | % |  | — | % |  | — | %
Other | — | % |  | 2 | % |  | (1) | %
Change in tax rate | — | % |  | (20) | % |  | — | %
Change in valuation allowance | (20) | % |  | (2) | % |  | (30) | %
Income tax expense | — | % |  | (1) | % |  | (2) | %
Schedule of Deferred Tax Assets (Liabilities) | The significant components of the Company’s deferred tax assets and liabilities as of December 31 were as follows (in thousands):
| December 31,
| 2023 |  | 2022
Deferred tax assets: |  |  |
Federal and state net operating loss carryforward | $ | 550,272 |  |  | $ | 479,134 |
Foreign net operating loss carryforward | — |  |  | 5,752 |
Research tax credits | 51,878 |  |  | 45,560 |
Lease liability | 25,207 |  |  | 27,625 |
Deferred revenue | 266,392 |  |  | 195,049 |
Inventory reserve | 79,386 |  |  | 213,076 |
Allowance for sales returns | 20,756 |  |  | — |
Non-cash stock-based compensation | 30,727 |  |  | 27,599 |
Capitalized research costs | 132,500 |  |  | 49,309 |
Foreign tax credit carryforward | 18,679 |  |  | — |
Other | 10,996 |  |  | 13,695 |
Gross deferred tax assets | 1,186,793 |  |  | 1,056,799 |
Valuation allowance | (1,128,941) |  |  | (1,020,123) |
Total deferred tax assets | $ | 57,852 |  |  | $ | 36,676 |
Deferred tax liabilities: |  |  |
ROU assets | (41,456) |  |  | (23,330) |
Fixed assets | (17,160) |  |  | (11,587) |
Intangibles | (1,279) |  |  | (1,055) |
Other | — |  |  | (704) |
Total deferred tax liabilities | $ | (59,895) |  |  | $ | (36,676) |
Net deferred tax assets (liabilities) | $ | (2,043) |  |  | $ | — |
Schedule of Unrecognized Tax Benefits Roll Forward | A reconciliation of the beginning and ending amounts of unrecognized tax benefits in the year ended December 31, 2023, 2022, and 2021 is as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Unrecognized tax benefits balance at January 1 | $ | 5,194 |  |  | $ | 11,154 |  |  | $ | 8,766 |
Additions for tax positions of current year | 271 |  |  | 1,260 |  |  | 4,158 |
Additions for tax positions of prior years | — |  |  | 807 |  |  | — |
Reductions for tax positions of prior year | (1,228) |  |  | (8,027) |  |  | (1,770) |
Settlements of tax positions of prior years | — |  |  | — |  |  | — |
Unrecognized tax benefits balance at December 31, | $ | 4,237 |  |  | $ | 5,194 |  |  | $ | 11,154 |

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