| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net loss | ||||||||
-398,073 | -356,052 | -463,477 | -644,239 | -1,138,473 | -248,932 | -249,161 | -178,903 | -234,339 |
Adjustments to reconcile net loss to net cash used in operating activities | ||||||||
Depreciation and amortization | ||||||||
35,474 | 24,077 | 30,137 | 31,080 | 23,135 | 13,333 | 2,583 | 1,698 | 1,138 |
Stock-based compensation | ||||||||
159,978 | 204,411 | 242,176 | 293,238 | 859,486 | 2,234 | 2,846 | 1,501 | 1,996 |
Amortization of premium on marketable securities | ||||||||
486 | 255 | 191 | 127 | 24 | 25 | 85 | 150 | 213 |
Accretion of discount on marketable securities | ||||||||
7,826 | 8,076 | 9,852 | 11,276 | 10,081 | 8,328 | 7,221 | 4,303 | 3,753 |
Loss on disposal of assets | ||||||||
-3,228 | - | - | - | 0 | - | - | - | - |
Other | ||||||||
-87 | 1,676 | 6,662 | -7,360 | -103 | -693 | 2 | -288 | -10 |
Changes in operating assets and liabilities | ||||||||
Prepaid expenses and other assets | ||||||||
83,653 | -21,948 | 61,689 | 33,405 | 46,307 | 19,410 | 9,318 | 39,640 | 7,272 |
Operating lease right-of-use assets | ||||||||
20,257 | 38,049 | 30,600 | 20,433 | 19,518 | - | - | - | - |
Accounts payable | ||||||||
500,004 | 5,800 | 21,670 | -23,564 | 1,161 | -20,523 | -18,186 | 11,168 | -13,270 |
Insurance reserves | ||||||||
-403,330 | 3,527 | 167,556 | 270,396 | 126,711 | 118,471 | 116,885 | 108,649 | 89,730 |
Accrued and other liabilities | ||||||||
-25,338 | 48,461 | 71,819 | 117,845 | 94,238 | 29,344 | 125,499 | 67,425 | 85,924 |
Lease liabilities | ||||||||
-8,220 | -39,124 | -36,801 | -12,679 | -14,342 | - | - | - | - |
Net cash used in operating activities | ||||||||
-206,926 | -46,191 | 10,000 | 15,316 | -84,827 | -133,093 | -35,990 | -31,967 | -79,623 |
Cash flows from investing activities | ||||||||
Purchases of marketable securities | ||||||||
1,179,343 | 1,612,713 | 1,254,403 | 2,974,589 | 607,190 | 1,103,270 | 1,476,192 | 1,676,464 | 1,198,192 |
Purchase of non-marketable security | ||||||||
10,000 | - | - | - | 0 | - | - | - | - |
Purchases of term deposits | ||||||||
75,000 | 37,811 | 0 | 105,000 | 0 | - | - | - | - |
Proceeds from sales of marketable securities | ||||||||
406,508 | 199,549 | 246,291 | 180,964 | 466,174 | - | - | - | - |
Proceeds from maturities of marketable securities | ||||||||
1,661,458 | 1,414,916 | 1,264,889 | 553,183 | 838,177 | - | - | - | - |
Proceeds from maturity of term deposit | ||||||||
30,000 | - | - | - | 0 | - | - | - | - |
Proceeds from sales of marketable securities | ||||||||
- | - | - | - | - | - | - | - | 181,648 |
Proceeds from maturities of marketable securities | ||||||||
- | - | - | - | - | - | - | - | 200,499 |
Purchases of property and equipment and scooter fleet | ||||||||
34,476 | 49,657 | 60,146 | 43,159 | 25,126 | 40,238 | 17,221 | 8,121 | 3,088 |
Cash paid for acquisitions, net of cash acquired | ||||||||
12,440 | 10,522 | 0 | 90 | 1,711 | - | - | - | - |
Other investing activities | ||||||||
-960 | -3,124 | -3,227 | -780 | 0 | - | - | - | - |
Net cash provided by investing activities | ||||||||
787,667 | -93,114 | 199,858 | -2,387,911 | 670,324 | -389,191 | 251,724 | -87,152 | -819,133 |
Cash flows from financing activities | ||||||||
Repayment of loans | ||||||||
6,087 | - | - | - | 0 | - | - | - | - |
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs | ||||||||
- | - | - | - | - | 0 | 35,289 | 753,173 | 54,196 |
Proceeds from exercise of stock options and other common stock issuances | ||||||||
2,372 | 18,148 | 12,373 | 940 | 1,601 | 1,500 | 4,135 | 3,005 | 1,346 |
Payment of deferred offering costs | ||||||||
0 | - | - | - | 5,044 | - | - | - | - |
Taxes paid related to net share settlement of equity awards | ||||||||
6,762 | 115 | 78,825 | 79,231 | 784,724 | - | - | - | - |
Principal payments on finance lease obligations | ||||||||
6,167 | - | - | - | 0 | - | - | - | - |
Net cash used in financing activities | ||||||||
-16,644 | 17,961 | -66,581 | 2,410,983 | -788,167 | 1,100 | 39,418 | 756,178 | 55,542 |
Effect of foreign exchange on cash, cash equivalents and restricted cash and cash equivalents | ||||||||
-120 | 132 | -100 | 194 | 102 | -137 | 28 | -91 | -46 |
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents | ||||||||
563,977 | -121,212 | 143,177 | 38,582 | -202,568 | -521,321 | 255,180 | 636,968 | -843,260 |
Non-cash investing and financing activities | ||||||||
Purchases of property and equipment, and scooter fleet not yet settled | ||||||||
7,585 | 3,754 | -2,188 | -5,108 | 16,612 | 2,967 | -4,891 | -394 | 10,472 |
Deferred offering costs accrued, unpaid | ||||||||
0 | -72 | -129 | -2,039 | 2,240 | - | - | - | - |
Right-of-use assets acquired under operating leases | ||||||||
19,861 | 67,346 | 97,180 | 61,062 | 38,488 | - | - | - | - |
Purchases of property and equipment financed by seller | ||||||||
3,464 | - | - | - | 0 | - | - | - | - |
Settlement of pre-existing right-of-use assets under operating leases in connection with acquisition of Flexdrive | ||||||||
133,088 | - | - | - | 0 | - | - | - | - |
Settlement of pre-existing lease liabilities under operating leases in connection with acquisition of Flexdrive | ||||||||
130,089 | - | - | - | 0 | - | - | - | - |