Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Summary of impact of changes to previously reported consolidated statement of cash flows

​

As a result of the error, the amounts previously reported as cash and cash equivalents have been reclassified to cash flows used in investing activities in the consolidated statement of cash flows for the nine months ended September 30, 2021 as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

Nine months ended September 30, 2021

​

​

Previously

    

​

    

As

​

​

Reported

​

Adjustments

​

Reported

Cash flows from investing activities

 

​

  

​

​

  

 

​

  

Purchases of short-term investments

​

$

—

​

$

(770,000)

​

$

(770,000)

Proceeds from maturities of short-term investments

​

​

—

​

​

205,000

​

​

205,000

Net cash used in investing activities

​

​

(542,971)

​

​

(565,000)

​

​

(1,107,971)

​

​

​

​

​

​

​

​

​

​

Net decrease in cash and cash equivalents

​

​

(1,365,666)

​

​

(565,000)

​

​

(1,930,666)

Cash and cash equivalents at end of period

​

​

1,934,816

​

​

(565,000)

​

​

1,369,816

Schedule of reconciliation between basic and diluted EPS

A reconciliation between basic and diluted loss per share was as follows (in thousands, except share and per share data):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

    

2022

    

2021

    

2022

    

2021

Net loss

​

$

(295,394)

​

$

(845,885)

​

$

(1,787,429)

​

$

(2,933,866)

Basic weighted-average shares outstanding

​

 

420,798,538

​

 

370,016,479

​

 

419,224,710

​

 

356,591,143

Dilutive effect of share awards

​

 

—

​

 

—

​

 

—

​

 

—

Diluted weighted-average shares outstanding

​

 

420,798,538

​

 

370,016,479

​

 

419,224,710

​

 

356,591,143

Basic loss per share

​

$

(0.70)

​

$

(2.29)

​

$

(4.26)

​

$

(8.23)

Diluted loss per share

​

$

(0.70)

​

$

(2.29)

​

$

(4.26)

​

$

(8.23)