Aurora Innovation (AUR) 10-Q 12 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-40216
Entity Registrant Name	Aurora Innovation, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-1562265
Entity Address, Address Line One	1654 Smallman St.
Entity Address, City or Town	Pittsburgh
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15222
City Area Code	888
Local Phone Number	583-9506
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Central Index Key	0001828108
Common Class A
Document Information [Line Items]
Title of 12(b) Security	Class A common stock, par value $0.00001 per share
Trading Symbol	AUR
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		724,030,853
Warrant
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
Trading Symbol	AUROW
Security Exchange Name	NASDAQ
Common Class B
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		429,706,298

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 549,411	$ 1,610,135
Restricted cash	280	280
Short-term investments	829,353	0
Contract asset	0	32,538
Related party receivables	0	10,726
Prepaid expenses and other current assets	19,264	23,765
Total current assets	1,398,308	1,677,444
Property and equipment, net	93,165	93,517
Operating lease right-of-use assets	141,897	151,278
Restricted cash, long-term	16,100	15,832
Other assets	20,252	21,050
Acquisition related intangible assets	618,025	617,200
Goodwill	113,685	1,113,766
Total assets	2,401,432	3,690,087
Current liabilities
Accounts payable	2,787	7,901
Related party payables	950	540
Operating lease liabilities, current	11,399	12,274
Accrued expenses and other current liabilities	51,342	70,006
Total current liabilities	66,478	90,721
Operating lease liabilities, long-term	126,086	134,551
Deferred tax liabilities	3,905	3,905
Other long-term liabilities	2,639	1,150
Total liabilities	211,478	348,385
Commitments and contingencies
Stockholders’ equity
Common stock - $0.00001 par value, 1,146,572,506 and 1,122,829,814 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	11	11
Additional paid-in capital	4,516,005	4,432,907
Accumulated other comprehensive loss	(3,861)	0
Accumulated deficit	(2,322,201)	(1,091,216)
Total stockholders’ equity	2,189,954	3,341,702
Liabilities and Equity, Total	2,401,432	3,690,087
Warrant
Current liabilities
Warrant and Earnout Shares liability	8,447	65,678
Earnout shares liability
Current liabilities
Warrant and Earnout Shares liability	$ 3,923	$ 52,380

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in usd per share)	$ 0.00001	$ 0.00001
Common stock, shares issued (in shares)	1,146,572,506
Common stock, shares outstanding (in shares)	1,146,572,506	1,122,829,814

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Collaboration revenue	$ 20,733	$ 0	$ 62,731	$ 0
Operating expenses
Research and development	183,785	159,812	337,875	318,921
Selling, general and administrative	33,467	21,646	64,519	54,326
Goodwill impairment	1,000,081	0	1,000,081	0
Total operating expenses	1,217,333	181,458	1,402,475	373,247
Loss from operations	(1,196,600)	(181,458)	(1,339,744)	(373,247)
Other income (expense)
Change in fair value of derivative liabilities	39,878	0	105,688	0
Other income (expense), net	2,545	(353)	3,073	173
Loss before income taxes	(1,154,177)	(181,811)	(1,230,983)	(373,074)
Income tax expense (benefit)	0	1	2	(2,643)
Net loss	$ (1,154,177)	$ (181,812)	$ (1,230,985)	$ (370,431)
Basic net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Diluted net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Basic weighted-average shares outstanding (in shares)	1,131,113,012	541,133,301	1,129,118,006	512,608,940
Diluted weighted-average shares outstanding (in shares)	1,131,113,012	541,133,301	1,129,118,006	512,608,940

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,154,177)	$ (181,812)	$ (1,230,985)	$ (370,431)
Other comprehensive loss
Unrealized loss on investments	(2,186)	0	(3,861)	0
Other comprehensive loss	(2,186)	0	(3,861)	0
Comprehensive loss	$ (1,156,363)	$ (181,812)	$ (1,234,846)	$ (370,431)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders’ Equity - USD ($) $ in Thousands	Total	Common stock	Additional paid-in capital	Accumulated other comprehensive loss	Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2020	290,300,547
Beginning balance at Dec. 31, 2020	$ 763,283
Increase (Decrease) in Temporary Equity [Roll Forward]
Issuance of series U-1 redeemable convertible preferred stock at $9.06 per share in relation to acquisition (in shares)	110,437,359
Issuance of Series U-1 redeemable convertible preferred stock at $9.06 per share in relation to acquisition	$ 1,000,000
Issuance of series U-2 redeemable convertible preferred stock at $9.06 per share, net of issuance costs of $2,138 (in shares)	44,174,944
Issuance of Series U-2 redeemable convertible preferred stock at $9.06 per share, net of issuance costs of $2,138	$ 397,862
Ending balance (in shares) at Jun. 30, 2021	444,912,850
Ending balance at Jun. 30, 2021	$ 2,161,145
Beginning balance (in shares) at Dec. 31, 2020		278,810,627
Beginning balance at Dec. 31, 2020	(276,579)	$ 3	$ 59,181	$ 0	$ (335,763)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in relation to acquisitions (in shares)		257,863,127
Equity issued in relation to acquisitions	945,542	$ 2	945,540
Equity issued under incentive compensation plans (in shares)		5,438,300
Equity issued under incentive compensation plans	2,347		2,347
Stock-based compensation	80,583		80,583
Comprehensive loss	(370,431)				(370,431)
Ending balance (in shares) at Jun. 30, 2021		542,112,054
Ending balance at Jun. 30, 2021	$ 381,462	$ 5	1,087,651	0	(706,194)
Beginning balance (in shares) at Mar. 31, 2021	444,912,850
Beginning balance at Mar. 31, 2021	$ 2,161,145
Ending balance (in shares) at Jun. 30, 2021	444,912,850
Ending balance at Jun. 30, 2021	$ 2,161,145
Beginning balance (in shares) at Mar. 31, 2021		539,544,481
Beginning balance at Mar. 31, 2021	520,197	$ 5	1,044,574	0	(524,382)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity issued under incentive compensation plans (in shares)		2,567,573
Equity issued under incentive compensation plans	1,534		1,534
Stock-based compensation	41,543		41,543
Comprehensive loss	(181,812)			0	(181,812)
Ending balance (in shares) at Jun. 30, 2021		542,112,054
Ending balance at Jun. 30, 2021	$ 381,462	$ 5	1,087,651	0	(706,194)
Beginning balance (in shares) at Dec. 31, 2021	0
Beginning balance at Dec. 31, 2021	$ 0
Ending balance (in shares) at Jun. 30, 2022	0
Ending balance at Jun. 30, 2022	$ 0
Beginning balance (in shares) at Dec. 31, 2021		1,122,829,814
Beginning balance at Dec. 31, 2021	3,341,702	$ 11	4,432,907	0	(1,091,216)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity issued under incentive compensation plans (in shares)		23,742,692
Equity issued under incentive compensation plans	7,573		7,573
Stock-based compensation	75,525		75,525
Comprehensive loss	(1,234,846)			(3,861)	(1,230,985)
Ending balance (in shares) at Jun. 30, 2022		1,146,572,506
Ending balance at Jun. 30, 2022	$ 2,189,954	$ 11	4,516,005	(3,861)	(2,322,201)
Beginning balance (in shares) at Mar. 31, 2022	0
Beginning balance at Mar. 31, 2022	$ 0
Ending balance (in shares) at Jun. 30, 2022	0
Ending balance at Jun. 30, 2022	$ 0
Beginning balance (in shares) at Mar. 31, 2022		1,127,581,556
Beginning balance at Mar. 31, 2022	$ 3,294,503	$ 11	4,464,191	(1,675)	(1,168,024)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity issued under incentive compensation plans (in shares)	18,990,950
Equity issued under incentive compensation plans	$ 5,536
Stock-based compensation	46,278		46,278
Comprehensive loss	(1,156,363)			(2,186)	(1,154,177)
Ending balance (in shares) at Jun. 30, 2022		1,146,572,506
Ending balance at Jun. 30, 2022	$ 2,189,954	$ 11	$ 4,516,005	$ (3,861)	$ (2,322,201)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders’ Equity (Parenthetical) $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($) $ / shares
Statement of Stockholders' Equity [Abstract]
Issuance of series U-1 redeemable convertible preferred stock in relation to acquisition (in usd per share)	$ 9.06
Issuance of series U-2 redeemable convertible preferred stock, net of issuance costs (in usd per share)	$ 9.06
Stock issuance costs | $	$ 2,138

Condensed Consolidated Statem_5

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net loss	$ (1,230,985)	$ (370,431)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	11,357	7,146
Reduction in the carrying amount of right-of-use assets	14,117	12,012
Stock-based compensation	75,525	78,438
Goodwill impairment	1,000,081	0
Change in fair value of derivative liabilities	(105,688)	0
Non-cash severance	0	7,873
Change in deferred tax asset valuation allowance	0	(2,638)
Other	966	2,106
Changes in operating assets and liabilities:
Contract asset	32,538	0
Prepaid expenses and other current assets	16,835	1,847
Other assets	(568)	(2,872)
Accounts payable	(9,517)	(3,389)
Operating lease liabilities	(12,384)	(14,553)
Contract liability	91	50,000
Accrued expenses and other current and non-current liabilities	(17,810)	(48,491)
Net cash used in operating activities	(225,442)	(282,952)
Cash flows from investing activities
Purchases of property and equipment	(9,298)	(13,128)
Net cash acquired in acquisitions	0	294,439
Purchase of short-term investments	(966,063)	0
Maturities of short-term investments	133,000	0
Net cash (used in) provided by investing activities	(842,361)	281,311
Cash flows from financing activities
Proceeds from issuance of common stock	8,580	2,246
Proceeds from issuance of Series U-2 preferred stock, net	0	397,862
Other	(1,233)	0
Net cash provided by financing activities	7,347	400,108
Net (decrease) increase in cash, cash equivalents and restricted cash	(1,060,456)	398,467
Cash, cash equivalents, and restricted cash at beginning of the period	1,626,247	399,828
Cash, cash equivalents, and restricted cash at end of the period	$ 565,791	$ 798,295

Overview and Basis of Presentat

Overview and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	Overview and Basis of Presentation Overview of the Organization Aurora Innovation, Inc. and its consolidated subsidiaries (the “Company” or “Aurora”) was initially incorporated as a Cayman Islands exempted company on October 2, 2020 and was formerly known as Reinvent Technology Partners Y (“RTPY”). On November 3, 2021 (the “Closing Date” or “Closing”), the Company filed a notice of deregistration with the Cayman Islands Registrar of Companies, domesticated as a Delaware corporation, and changed its name to Aurora Innovation, Inc. As contemplated by the Agreement and Plan of Merger dated July 14, 2021 (the “Merger Agreement”), Aurora consummated the merger transaction (the “Merger”) whereby RTPY Merger Sub, Inc., a direct subsidiary of the Company, merged with and into Aurora Innovation Holdings, Inc. (“Legacy Aurora”), a Delaware corporation f/k/a Aurora Innovation, Inc. The Company’s common stock is listed on the NASDAQ under the symbol “AUR” and the Company’s warrants to purchase shares of Class A common stock are listed on the NASDAQ under the symbol “AUROW”. The Merger was accounted for as a reverse capitalization and operations prior to the Closing presented are those of Legacy Aurora. The Company designs and develops the Aurora Driver, which is the hardware, software, and data services that allow vehicles to drive themselves. Basis of Presentation and Principles of Consolidation The unaudited condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and include the Company and its consolidated subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rule and regulations of the Securities and Exchange Commission (“SEC”). The information included herein should be read in conjunction with the Annual Report on Form 10-K for the year ended December 31, 2021 for additional disclosures. The condensed consolidated balance sheet as of December 31, 2021 included in the condensed consolidated financial statements was derived from the audited financial statements as of that date but does not contain all of the footnote disclosures from the annual financial statements. The condensed consolidated financial statements reflect, in the opinion of management, all adjustments of a normal, recurring nature necessary for a fair statement of our financial position, results of operations, and cash flows for the periods presented but are not necessarily indicative of the expected results for the full fiscal year or any future period.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. Risks and Uncertainties Including Business and Credit Concentrations The Company’s principal operations are the research, design, and implementation of the Aurora Driver. The Company is currently researching and developing its proprietary technology with the goal of commercializing the Aurora Driver. The Company expects that it will need to raise additional capital to support its development and commercialization activities. Risks and uncertainties to the Company’s operations include failing to secure additional funding and the threat of other companies developing and bringing to market similar technology at an earlier time than the Company. Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents and short-term investments. The Company maintains its cash and cash equivalents at U.S. commercial banks. Cash and cash equivalents deposited with domestic commercial banks generally exceed the Federal Deposit Insurance Corporation insurable limit. To date, the Company has not experienced any losses on its deposits of cash and cash equivalents. The Company typically invests in U.S. Treasury securities and classifies its short-term investments as available-for-sale. In general, these investments are free of trading restrictions. The Company carries these at fair value, based on quoted market prices or other readily available market information and recognizes gains and losses when realized. Recently Issued Accounting Standards – Adopted in Fiscal 2022 In December 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes , which simplifies accounting for income taxes by revising or clarifying existing guidance in ASC 740, Income Taxes , as well as removing certain exceptions within ASC 740. The new standard is effective for annual periods beginning after December 15, 2021 and earlier adoption is permitted. The Company adopted the standard effective January 1, 2022 and there was not a material impact on the interim financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , that replaces the incurred loss impairment methodology in current GAAP. The new impairment model requires immediate recognition of estimated credit losses expected to occur for most financial assets and certain other instruments. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first effective reporting period. The Company adopted the standard effective January 1, 2022 and there was not a material impact on the interim financial statements.

Balance Sheet Detail

Balance Sheet Detail	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Balance Sheet Detail	Balance Sheet Detail (a) Fair Value of Financial Instruments The Company uses a three-level hierarchy, which prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information for fair value measurement based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. Fair value focuses on an exit price and is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The inputs or methodology used for valuing financial instruments are not necessarily an indication of the risk associated with those financial instruments. The three-level hierarchy for fair value measurements is defined as follows: • Level 1: Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; • Level 2: Inputs to the valuation methodology included quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and • Level 3: Inputs to the valuation methodology, which are significant to the fair value measurement, are unobservable. An asset or liability’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following table summarizes the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021: As of June 30, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 549,199 $ — $ — $ 549,199 Total cash equivalents $ 549,199 $ — $ — $ 549,199 Short-term investments: U.S. government securities $ — $ 829,353 $ — $ 829,353 Total short-term investments $ — $ 829,353 $ — $ 829,353 Liabilities: Public warrants $ 4,887 $ — $ — $ 4,887 Private placement warrants — 3,560 — 3,560 Earnout shares liability — — 3,923 3,923 Total liabilities $ 4,887 $ 3,560 $ 3,923 $ 12,370 As of December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,609,919 $ — $ — $ 1,609,919 Total cash equivalents $ 1,609,919 $ — $ — $ 1,609,919 Liabilities: Public warrants $ 37,999 $ — $ — $ 37,999 Private placement warrants — 27,679 — 27,679 Earnout shares liability — — 52,380 52,380 Total liabilities $ 37,999 $ 27,679 $ 52,380 $ 118,058 The public warrants and private placement warrants (see Note 7: Derivative Liabilities ) are measured at fair value on a recurring basis. The public warrants are valued based on the closing price of the publicly traded instrument. The private placement Warrants are valued using observable inputs for similar liabilities resulting in Level 2 classification. The earnout shares liability (see Note 7: Derivative Liabilities ) is measured at fair value on a recurring basis. The fair value was determined using a Monte Carlo simulation with a risk free rate of 2.99%and 1.52% and volatility of 50.00% and 50.00% as of June 30, 2022 and December 31, 2021, respectively. Earnout shares liability Balance as of December 31, 2021 $ 52,380 Change in fair value (48,457) Balance as of June 30, 2022 $ 3,923 The amortized cost, unrealized gains and estimated fair values of the Company’s short-term investments as of June 30, 2022 was: As of June 30, 2022 Amortized cost Unrealized losses Fair value U.S. government securities $ 833,214 $ (3,861) $ 829,353 Total short-term investments $ 833,214 $ (3,861) $ 829,353 (b) Property and Equipment, Net Property and equipment, net consist of the following as of June 30, 2022 and December 31, 2021: As of June 30, December 31, Land $ 13,503 $ 13,503 Furniture and fixtures 10,976 10,893 Test and lab equipment 13,400 11,984 Leasehold improvements 64,399 61,173 Computer and equipment 8,463 7,839 Computer software 3,586 3,321 Automobile 5,523 3,444 Buildings 1,190 1,040 121,040 113,197 Less accumulated depreciation and amortization (27,875) (19,680) Total property and equipment, net $ 93,165 $ 93,517 (c) Goodwill The changes in the carrying amount of goodwill for the six months ended June 30, 2022, are as follows: Total Balance as of December 31, 2021: Goodwill $ 1,113,766 Accumulated impairment loss — Carrying amount of goodwill 1,113,766 Impairment loss (1,000,081) Balance as of June 30, 2022: Goodwill 1,113,766 Accumulated impairment loss (1,000,081) Carrying amount of goodwill $ 113,685 During the second quarter of 2022, the market price of the Company’s Class A common stock and its market capitalization declined significantly. As a result, the Company determined that a triggering event had occurred and an interim goodwill impairment assessment was performed. The Company utilized a market approach valuation method utilizing the observable market price of the Company’s Class A common stock as it represented the best evidence of the fair value of its reporting unit. Based on the results, the Company recognized a $1,000,081 goodwill impairment during the three and six months ended June 30, 2022. (d) Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consist of the following as of June 30, 2022 and December 31, 2021: As of June 30, December 31, Accrued compensation $ 30,272 $ 51,401 Accrued expenses 17,553 16,074 Other 3,517 2,531 Total accrued expenses and other current liabilities $ 51,342 $ 70,006

Collaboration Revenue

Collaboration Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Collaboration Revenue	Collaboration Revenue In January 2021, the Company entered into a collaboration framework agreement with Toyota Motor Corporation (“Toyota”) with the intention of deploying the Aurora Driver into a fleet of Toyota Sienna vehicles, subject to further agreement of a collaboration projection plan that was signed in August 2021. In the six months ended June 30, 2022 and June 30, 2021, the Company received payments of $95,360 and $50,000, respectively, under the agreement. To date, the Company has received cumulative payments under the agreement of $145,360 through June 30, 2022 and expects to receive the remaining $5,000 in 2022. Collaboration revenue is recognized using the input measure of hours expended as a percentage of total estimated hours to complete the project. In the three and six months ended June 30, 2022, the Company recognized collaboration revenue of $20,733 and $62,731, respectively. To date, the Company has recognized cumulative revenue under the agreement of $145,269 through June 30, 2022.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Apparate USA LLC On January 19, 2021, the Company acquired 100% of the voting interests of Apparate USA LLC (“Uber Advanced Technologies Group” or “ATG”) which was a company developing self-driving technology. The ATG acquisition date fair value of the consideration transferred for ATG was approximately $1,915,708 which consisted of stock consideration. The stock consideration transferred comprised 110,437,359 shares of the Company’s Series U-1 preferred stock and 252,194,518 shares of the Company’s common stock. The preferred stock was valued referencing the concurrent purchase of the Company’s Series U-2 redeemable convertible preferred stock. The common stock was valued based on the fair value as of January 19, 2021, as determined by a third-party valuation expert using an Option Pricing Method model. The transaction costs associated with the acquisition were approximately $15,113 and were recorded in general and administrative expense in 2021, including $6,854 and $15,113 recorded in the three and six months ended June 30, 2021. The Company accounted for the ATG acquisition as a business combination, and therefore the assets acquired and liabilities assumed were recognized at their fair values on the date of the ATG acquisition. During the three months ended June 30, 2021, we recorded a measurement period adjustment to reduce the preliminary fair value of property and equipment acquired by $21,652, resulting in a $1,676 cumulative reduction in depreciation expense previously recognized during the three months ended March 31, 2021. During the three months ended December 31, 2021, we recorded a measurement period adjustment to increase the preliminary fair value of deferred tax liabilities assumed by $3,342. These measurement period adjustments were made to reflect the facts and circumstances that existed as of the acquisition date. The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the ATG acquisition: Fair Value Cash and cash equivalents $ 310,540 Prepaid expenses and other current assets 6,229 Property and equipment, net 63,395 Operating lease right-of-use assets 41,915 Other assets 18,351 Acquisition related intangible assets 545,500 Goodwill 1,060,159 Accounts payable (1,860) Related party payable (46,970) Accrued expenses and other current liabilities (37,796) Operating lease liabilities (40,413) Deferred tax liability (3,342) Total $ 1,915,708 The sole identifiable intangible asset acquired in the ATG acquisition was in-process research and development (IPR&D) and has an indefinite useful life as of the date of the acquisition. The fair value of the IPR&D intangible asset was determined through a replacement cost approach, which identifies the costs that would be necessary to recreate the asset if the Company were to internally develop the acquired technology. Significant unobservable inputs include overhead costs, profit margin, opportunity cost, and obsolescence. The asset has not been placed into service and there have been no impairments related to the intangible asset as of June 30, 2022. The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill, which is primarily attributed to the assembled workforce, and is not deductible for tax purposes. During the three months ended March 31, 2021, the Company recognized $7,873 in non-cash compensation expense for severance payments by the former parent of ATG. This amount was allocated from total equity consideration transferred. OURS Technology, Inc. On March 5, 2021, the Company acquired 100% of the voting interests in OURS Technology, Inc. (“OURS”), a silicon photonics company. The Company has included the financial results of OURS in the condensed consolidated financial statements prospectively from the date of acquisition. The OURS acquisition date fair value of the consideration transferred for OURS was approximately $40,821, which consisted of the following Fair Value Cash $ 16,107 Stock consideration 24,105 Assumed liabilities related to third-party expenses 609 Total $ 40,821 As part of the OURS acquisition, the Company assumed certain OURS compensation agreements, including the conversion of certain shares of OURS restricted stock into rights to receive the Company’s restricted stock, and assuming certain stock options with an estimated fair value of $3,789. For the stock options assumed, based on the service period related to the period prior to the OURS acquisition date, $2,145 was allocated to the purchase price, and $1,644 relating to post-acquisition services which will be recorded as operating expenses over the remaining requisite service periods. The stock consideration transferred comprised 6,064,675 shares of the Company’s common stock including 396,067 shares of restricted stock granted. The restricted stock awards (RSAs) were valued based on the March 5, 2021 fair value, as determined by a third party valuation expert using an Option Pricing Method model, and the estimated fair value of the stock options assumed by the Company was determined using the Black-Scholes option pricing model. The RSAs vest monthly over a 2-year period starting on the vesting commencement date and expire once the holder ceases to be a service provider of the Company. The Company has accounted for the OURS acquisition as a business combination, and therefore the assets acquired and liabilities assumed were recognized at their fair values on the date of the OURS acquisition. The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the OURS acquisition: Fair Value Cash and cash equivalents $ 153 Prepaid expenses and other current assets 23 Property and equipment, net 218 Other assets 9 Acquisition related intangible assets 19,000 Goodwill 23,477 Accounts payable (46) Deferred tax liability (2,013) Total $ 40,821 The sole identifiable intangible asset acquired in the OURS acquisition was in-process research and development (IPR&D) and has an indefinite useful life as of the date of the acquisition. The fair value of the IPR&D intangible asset was determined through a replacement cost approach, which identifies the costs that would be necessary to recreate the asset if the Company were to internally develop the acquired technology. Significant unobservable inputs include profit margin and opportunity cost. The asset has not been placed into service and there have been no impairments related to the intangible asset as of June 30, 2022. The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill, which is primarily attributed to the assembled workforce, and is not deductible for tax purposes.

Stockholders_ Equity

Stockholders’ Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Preferred Stock The Company is authorized to issue 1,000,000,000 shares of preferred stock with a par value of $0.00001 per share. There were no shares of preferred stock issued and outstanding at June 30, 2022 and December 31, 2021. Common stock The Company is authorized to issue 51,000,000,000 shares of common stock with a par value of $0.00001 per share; of which 50,000,000,000 shares are designated Class A common stock and 1,000,000,000 shares are designated Class B common stock. Class A common stock holders are entitled to one vote for each share and Class B common stock holders are entitled to ten votes for each share. Class A and Class B have identical liquidation and dividend rights. Class B shares are convertible into Class A upon election by the holder or upon transfer (except for certain permitted transfers).

Derivative Liabilities

Derivative Liabilities	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Liabilities	Derivative Liabilities Common Stock Warrants On the consummation of the Merger, 12,218,750 publicly traded warrants for Class A common stock at an exercise price per share of $11.50 and 8,900,000 private placement warrants held by the Sponsor with an exercise price per share of $11.50 converted automatically into warrants of Aurora common stock. Public warrants outstanding were 12,218,291 and 12,218,420 as of June 30, 2022 and December 31, 2021, respectively. During the six months ended June 30, 2022, 129 public warrants were exercised for total cash proceeds of $1. Private placement warrants outstanding were 8,900,000 and 8,900,000 as of June 30, 2022 and December 31, 2021, respectively. The estimated fair value of the warrant liabilities was $8,447 and $65,678 at June 30, 2022 and December 31, 2021, respectively. For the three and six months ended June 30, 2022, a gain of $22,808 and $57,231, respectively, was recognized in changes in fair value of derivative liabilities in the consolidated statements of operations. Public Warrants Public warrants were exercisable beginning on December 3, 2021. The Company may redeem the public warrants when the last reported sales price of Class A common stock for any 20 trading days within a 30 trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders (the “Reference Value”) exceeds $10.00 or $18.00. Warrants are redeemable in whole and upon a minimum of 30 days’ prior written notice. If the Reference Value exceeds $18.00, warrants are redeemable at $0.01 per warrant, in whole and upon a minimum of 30 days prior written notice that holders will be able to exercise their warrants. If the Reference Value exceeds $10.00, warrants are redeemable at $0.10 per warrant, in whole and upon a minimum of 30 days prior written notice that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares determined by reference to an agreed table based on the redemption date and the fair market value of Class A ordinary shares. Fair market value of Class A common stock is the volume-weighted average price of Class A ordinary shares for the 10 trading days following the date on which the notice of redemption is sent. The number of ordinary shares received upon exercise is capped at 0.361 shares of Aurora Class A common stock per warrant. Private Placement Warrants Private placement warrants are not redeemable by the Company as long as they are held by a Sponsor or its permitted transferees. If the Reference value exceeds $18.00 per share and the Company elects to redeem the public warrants, the private placement warrants are exercised. If the public warrants are redeemed by the Company when the Reference Value equals or exceeds $10.00, the private placement warrants are also concurrently called for redemption on the same terms as of the public warrants. If the public warrants are redeemed by the Company when the Reference Value exceeds $18.00 per share, the Sponsor will exercise the private placement warrants for cash or on a cashless basis. Earnout Shares Liability In connection with the execution of the Merger Agreement, the Company, Legacy Aurora and the Sponsor entered into the Sponsor Agreement on July 14, 2021. Under the agreement, existing Sponsor shares not forfeited due to redemptions are subject to lock-up and price-based vesting as follows: • 1,720,772 shares vest when it has been at least 1 year since the Closing; • 1,720,772 shares vest when it has been at least 2 years since the Closing and the volume weighted average price (“VWAP”) of the Company’s class A common stock equals or exceeds $15.00 for 20 trading days of any consecutive 30 trading day period • 1,720,771 shares vest when it has been at least 3 years since the Closing and the VWAP equals or exceeds $17.50 for 20 trading days of any consecutive 30 trading day period; and, • 1,720,771 shares vest when it has been at least 4 years since the Closing and the VWAP equals or exceeds $20.00 for 20 trading days of any consecutive 30 trading day period. The estimated fair value of the earnout shares liability was $3,923 and $52,380 at June 30, 2022 and December 31, 2021, respectively. For the three and six months ended June 30, 2022, a gain of $17,070 and $48,457, respectively, was recognized in changes in fair value of derivative liabilities in the consolidated statements of operations. No earnout shares vested as of June 30, 2022.

Equity Incentive Plans

Equity Incentive Plans	6 Months Ended
	Jun. 30, 2022
Share-based Payment Arrangement [Abstract]
Equity Incentive Plans	Equity Incentive Plans We maintain four equity compensation plans: the 2021 Equity Incentive Plan (the “Plan”), the 2017 Equity Incentive Plan (the “2017 Plan”), the Blackmore Sensors & Analytics, Inc. 2016 Equity Incentive Plan (the “Blackmore Plan”), and the OURS Technology Inc 2016 Stock Incentive Plan (the “OURS Plan”). The Company assumed stock options under the Blackmore Plan and the OURS Plan to the extent such employees continued as employees of the Company. On November 2, 2021, the Company adopted the Plan. The Plan makes available for issuance Class A common shares equal to 120,900,000 shares plus any shares subject to awards assumed in the Merger that are forfeited or otherwise expire after the Closing. Additionally, the Plan includes an annual increase on the first day of each fiscal year beginning in fiscal 2022 and ending in fiscal 2031 equal to the lesser of (i) 120,900,000, (ii) 5% of total shares outstanding on the last day of the preceding fiscal year, and (iii) a lesser number of shares determined by the Plans’ administrator. Any stock options, restricted stock units (“RSU”s) or other awards from the 2017 Plan, the Blackmore Plan, or the OURS Plan that, on or after the Closing, expire or otherwise terminate without having been exercised or issued in full are added to the Plan up to a maximum of 120,692,205 shares. As of June 30, 2022, 106,439,376 shares were available for grant under the Plan. Under the Plan, equity-based compensation in the form of RSUs, restricted stock awards, incentive stock options, nonqualified stock options, stock appreciation rights, and performance units may be granted to employees, officers, directors, consultants, and others. Stock Options The Company granted stock options under the 2017 Plan. No stock options have been granted under the Plan and the assumed stock option plans are immaterial. Stock options under the 2017 Plan may be outstanding for periods of up to 10 years following the grant date. The exercise price of stock options for the purchase of shares of common stock under the 2017 Plan may not be less than 100% of the fair value of the Company’s common stock on the date of the grant, as determined by the board of directors. In the case of an incentive stock option granted to an employee who owns stock representing more than 10% of the voting shares, the price of each share will be at least 110% of the fair value on the date of grant. Stock options generally vest over four years starting on the vesting commencement date (with a one Stock option activity under the 2017 Plan in the six months ended June 30, 2022 is as follows: Options outstanding Number of Weighted Weighted average remaining contractual term (in years) Aggregate intrinsic value Balance, December 31, 2021 79,644,550 $ 1.44 Exercised (14,192,960) 0.59 Forfeited (2,702,952) 2.24 Balance, June 30, 2022 62,748,638 $ 1.60 6.8 46,791 Exercisable, June 30, 2022 44,973,713 $ 1.24 6.3 41,871 The compensation expense recognized for options for the six months ended June 30, 2022 and 2021 was $8,786 and $12,458, respectively. The unrecognized deferred compensation expense was $24,588 as of June 30, 2022 and will be recognized over an estimated weighted average amortization period of approximately 1.75 years. Restricted Stock Units The Company has granted RSUs under the Plan and the 2017 Plan. The vesting of most RSUs granted under the 2017 Plan is based on the satisfaction of two separate vesting requirements: (1) a time-based vesting requirement, and (2) a liquidity event. Generally, the time-based vesting requirement is quarterly over four years starting on the vesting commencement date (with a one RSUs granted under the Plan generally are subject to time-based vesting. Generally, the time-based vesting requirement is four years starting on the vesting commencement date (with a one-year cliff for new hire awards) except for retention grants which generally vest over one RSU activity under the Plan and the 2017 Plan is as follows: Unvested RSUs outstanding Number of Weighted- Aggregate Intrinsic value Balance, December 31, 2021 34,054,713 4.72 Granted 82,788,961 4.06 Released (14,141,974) 4.07 Forfeited (7,679,851) 4.32 Balance, June 30, 2022 95,021,849 4.27 $ 183,392 Stock-based compensation related to RSUs granted to employees was $59,755 and $0 in six months ended June 30, 2022 and June 30, 2021, respectively. The unrecognized deferred compensation expense for future years’ compensation expense related to unvested RSUs was approximately $343,161 at June 30, 2022. Unrecognized deferred compensation will be recognized over an estimated weighted average amortization period of approximately 2.9 years. Stock-based payments awarded by a related party Prior to the ATG acquisition, employees of ATG received grants of RSUs in the former ultimate parent company of ATG, which became a related party of the Company after the closing of the transaction. These awards were modified after the transaction to allow the awards to continue to vest for the first year subsequent to the closing of the acquisition as long as personnel remain employees of the Company. These awards are compensation for services provided to the Company and accounted for as stock-based compensation. Awards representing 2,928,854 shares were modified on the acquisition date and 538,140 shares were forfeited before the final vesting in January 2022. The fair value of these awards was equal to the market value of the related party’s common stock on the date of modification. Stock-based compensation of $6,200 was recognized in the six months ended June 30, 2022. No unrecognized deferred compensation expense remains as of June 30, 2022. Stock-based Compensation Expense Stock-based compensation is allocated on a departmental basis, based on the classification of the option holder or grant recipient. No income tax benefits have been recognized in the statement of operations for stock-based compensation arrangements and no stock-based compensation has been capitalized as of June 30, 2022. Total stock-based compensation expense by function was as follows (in thousands): Three Months Ended Six Months Ended 2022 2021 2022 2021 Research and development $ 41,424 $ 39,499 $ 67,651 $ 74,314 Selling, general, and administrative 4,854 2,044 7,874 4,124 Total $ 46,278 $ 41,543 $ 75,525 $ 78,438

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesAn income tax benefit was recognized in the six months ended June 30, 2021 due to the release of a deferred tax asset valuation allowance as a result of deferred tax liabilities incurred from the acquisition of OURS Technology, Inc.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The Company leases its office facilities, data centers, and warehouses under non-cancelable operating lease agreements that expire between 2022 through 2042, including renewal options that are reasonably certain to be exercised by the Company. As of June 30, 2022, the Company’s operating leases had a weighted average remaining lease term of 8.5 years and a weighted average discount rate of 6.3%. Operating lease expense was $7,255 and $14,117 in the three and six months ended June 30, 2022, respectively, and was $5,942 and $12,012 in the three and six months ended June 30, 2021, respectively.

Commitment and Contingencies

Commitment and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and ContingenciesFrom time to time the Company may be party to various claims in the normal course of business. Legal fees and other costs associated with such actions are expensed as incurred. The Company assesses the need to record a liability for litigation and loss contingencies. Reserve estimates are recorded when and if it is determined that a loss related to certain matters is both probable and reasonably estimable. No material losses were recorded in the three and six months ended June 30, 2022 and 2021.

Employee Benefit Plan

Employee Benefit Plan	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Employee Benefit Plan	Employee Benefit PlanThe Company sponsors the Aurora 401(k) plan. All employees are eligible to participate in the plans after meeting eligibility requirements. Participants may elect to have a portion of their salary deferred and contributed to the plan up to the limit allowed by applicable income tax regulations. The Company may make a matching contribution at the discretion of the board of directors. The Company recognized no matching contributions in the three and six months ended June 30, 2022 and 2021.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Non-cash investing and financing activities were as follows: Six Months Ended 2022 2021 Noncash investing and financing activities: Property and equipment included in accounts payable $ 2,110 $ 3,023 Vesting of early exercised stock options 11 143 Non-cash acquisition — 1,939,804

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company computes earnings per share of common stock using the two-class method required for participating securities and does not apply the two-class method in periods of net loss. The computation of basic and diluted earnings per share is the same as the inclusion of all potential common stock would have been anti-dilutive in a period of net loss. The Company has two classes of common stock subsequent to the Merger: Class A and Class B. As both classes have identical liquidation and dividend rights, the net loss is allocated to the classes on a proportionate basis and results in an identical net loss per share for each class under the two-class method. Redeemable convertible preferred stock, unvested restricted stock awards, and unvested early exercised stock options are participating securities in periods of income as the securities participate in undistributed earnings. The participating securities do not share in losses. Share amounts and net loss per share have been recast for the three and six months ended June 30, 2021 to reflect the Exchange Ratio from the Merger. Three Months Ended June 30, 2022 2021 Class A Class B Class A Class B Numerator: Net Loss $ (700,044) $ (454,133) $ (181,812) $ — Net loss per share: Basic and diluted $ (1.02) $ (1.02) $ (0.34) $ — Denominator: Weighted average common shares outstanding - basic and diluted 686,055,230 445,057,782 541,133,301 — Six Months Ended June 30, 2022 2021 Class A Class B Class A Class B Numerator: Net Loss $ (726,124) $ (504,861) $ (370,431) $ — Net loss per share: Basic and diluted $ (1.09) $ (1.09) $ (0.72) $ — Denominator: Weighted average common shares outstanding - basic and diluted 666,035,126 463,082,880 512,608,940 — The following table presents the potential common stock outstanding excluded from the computation of diluted loss per share because including them would have had an antidilutive effect: As of June 30, 2022 June 30, 2021 Class A Class B Class A Class B Redeemable convertible preferred stock — — 223,321,886 221,591,059 Stock options 64,254,466 — 89,972,519 — Restricted stock 95,590,496 — 36,823,354 — Private placement warrants 8,900,000 — — — Public warrants 12,218,291 — — — Earnout shares liability 5,162,314 — — — Total 186,125,567 — 350,117,759 221,591,059

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Parties	Related Parties In January 2021, the Company paid $10,000 relating to financial advisory fees with a former related party for a contract that was entered into by the Company in December 2020. The Company recognized $8,250 in selling, general and administrative expenses and $1,750 as a reduction to redeemable convertible preferred stock for issuance costs in the six months ended June 30, 2021. The Company assumed a net liability of $46,970 from the ATG acquisition for an obligation due to the former owner of ATG, an affiliate of Uber Technologies, Inc. (“Uber”). Uber became a related party of the Company subsequent to the ATG acquisition. The net related party liability was paid during the six months ended June 30, 2021. In January 2021, Uber and its affiliates paid $7,873 in severance to former employees of ATG which was reimbursed by the Company. In December 2021 and January 2022, the Company made withholding tax payments for equity compensation for former employees of ATG and received a $12,770 reimbursement in the six months ended June 30, 2022 from Uber and its affiliates. During the three and six months ended June 30, 2022, the Company recognized operating expenses of $1,150 and $4,058, respectively, related to the transition service agreement and ongoing operating services provided by Uber and its affiliates. During the three and six months ended June 30, 2021, the Company recognized operating expense of $1,415 and $3,087, respectively, related to the transition service agreement provided by Uber and its affiliates. The term of the transition service agreement expired during the first quarter of 2022. At June 30, 2022 and December 31, 2021, the Company recorded related party payables to Uber and its affiliates of $950 and $540, respectively. At June 30, 2022 and December 31, 2021, the Company recorded related party receivables from Uber and its affiliates of $0 and $10,726, respectively.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	The unaudited condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and include the Company and its consolidated subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to rule and regulations of the Securities and Exchange Commission (“SEC”).
Principles of Consolidation	The information included herein should be read in conjunction with the Annual Report on Form 10-K for the year ended December 31, 2021 for additional disclosures. The condensed consolidated balance sheet as of December 31, 2021 included in the condensed consolidated financial statements was derived from the audited financial statements as of that date but does not contain all of the footnote disclosures from the annual financial statements. The condensed consolidated financial statements reflect, in the opinion of management, all adjustments of a normal, recurring nature necessary for a fair statement of our financial position, results of operations, and cash flows for the periods presented but are not necessarily indicative of the expected results for the full fiscal year or any future period.
Use of Estimates	Use of EstimatesThe preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties Including Business and Credit Concentrations	Risks and Uncertainties Including Business and Credit Concentrations The Company’s principal operations are the research, design, and implementation of the Aurora Driver. The Company is currently researching and developing its proprietary technology with the goal of commercializing the Aurora Driver. The Company expects that it will need to raise additional capital to support its development and commercialization activities. Risks and uncertainties to the Company’s operations include failing to secure additional funding and the threat of other companies developing and bringing to market similar technology at an earlier time than the Company. Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents and short-term investments. The Company maintains its cash and cash equivalents at U.S. commercial banks. Cash and cash equivalents deposited with domestic commercial banks generally exceed the Federal Deposit Insurance Corporation insurable limit. To date, the Company has not experienced any losses on its deposits of cash and cash equivalents. The Company typically invests in U.S. Treasury securities and classifies its short-term investments as available-for-sale. In general, these investments are free of trading restrictions. The Company carries these at fair value, based on quoted market prices or other readily available market information and recognizes gains and losses when realized.
Recently Issued Accounting Standards – Adopted in Fiscal 2022	Recently Issued Accounting Standards – Adopted in Fiscal 2022 In December 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, Simplifying the Accounting for Income Taxes , which simplifies accounting for income taxes by revising or clarifying existing guidance in ASC 740, Income Taxes , as well as removing certain exceptions within ASC 740. The new standard is effective for annual periods beginning after December 15, 2021 and earlier adoption is permitted. The Company adopted the standard effective January 1, 2022 and there was not a material impact on the interim financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , that replaces the incurred loss impairment methodology in current GAAP. The new impairment model requires immediate recognition of estimated credit losses expected to occur for most financial assets and certain other instruments. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first effective reporting period. The Company adopted the standard effective January 1, 2022 and there was not a material impact on the interim financial statements.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company uses a three-level hierarchy, which prioritizes, within the measurement of fair value, the use of market-based information over entity-specific information for fair value measurement based on the nature of inputs used in the valuation of an asset or liability as of the measurement date. Fair value focuses on an exit price and is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The inputs or methodology used for valuing financial instruments are not necessarily an indication of the risk associated with those financial instruments. The three-level hierarchy for fair value measurements is defined as follows: • Level 1: Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; • Level 2: Inputs to the valuation methodology included quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and • Level 3: Inputs to the valuation methodology, which are significant to the fair value measurement, are unobservable. An asset or liability’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

Balance Sheet Detail (Tables)

Balance Sheet Detail (Tables)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following table summarizes the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021: As of June 30, 2022 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 549,199 $ — $ — $ 549,199 Total cash equivalents $ 549,199 $ — $ — $ 549,199 Short-term investments: U.S. government securities $ — $ 829,353 $ — $ 829,353 Total short-term investments $ — $ 829,353 $ — $ 829,353 Liabilities: Public warrants $ 4,887 $ — $ — $ 4,887 Private placement warrants — 3,560 — 3,560 Earnout shares liability — — 3,923 3,923 Total liabilities $ 4,887 $ 3,560 $ 3,923 $ 12,370 As of December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents: Money market funds $ 1,609,919 $ — $ — $ 1,609,919 Total cash equivalents $ 1,609,919 $ — $ — $ 1,609,919 Liabilities: Public warrants $ 37,999 $ — $ — $ 37,999 Private placement warrants — 27,679 — 27,679 Earnout shares liability — — 52,380 52,380 Total liabilities $ 37,999 $ 27,679 $ 52,380 $ 118,058
Schedule of Derivative Liabilities at Fair Value	Earnout shares liability Balance as of December 31, 2021 $ 52,380 Change in fair value (48,457) Balance as of June 30, 2022 $ 3,923
Schedule of Short-term Investments, Amortized Costs and Fair Value	The amortized cost, unrealized gains and estimated fair values of the Company’s short-term investments as of June 30, 2022 was: As of June 30, 2022 Amortized cost Unrealized losses Fair value U.S. government securities $ 833,214 $ (3,861) $ 829,353 Total short-term investments $ 833,214 $ (3,861) $ 829,353
Property, Plant and Equipment	Property and equipment, net consist of the following as of June 30, 2022 and December 31, 2021: As of June 30, December 31, Land $ 13,503 $ 13,503 Furniture and fixtures 10,976 10,893 Test and lab equipment 13,400 11,984 Leasehold improvements 64,399 61,173 Computer and equipment 8,463 7,839 Computer software 3,586 3,321 Automobile 5,523 3,444 Buildings 1,190 1,040 121,040 113,197 Less accumulated depreciation and amortization (27,875) (19,680) Total property and equipment, net $ 93,165 $ 93,517
Schedule of Goodwill	The changes in the carrying amount of goodwill for the six months ended June 30, 2022, are as follows: Total Balance as of December 31, 2021: Goodwill $ 1,113,766 Accumulated impairment loss — Carrying amount of goodwill 1,113,766 Impairment loss (1,000,081) Balance as of June 30, 2022: Goodwill 1,113,766 Accumulated impairment loss (1,000,081) Carrying amount of goodwill $ 113,685
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following as of June 30, 2022 and December 31, 2021: As of June 30, December 31, Accrued compensation $ 30,272 $ 51,401 Accrued expenses 17,553 16,074 Other 3,517 2,531 Total accrued expenses and other current liabilities $ 51,342 $ 70,006

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the ATG acquisition: Fair Value Cash and cash equivalents $ 310,540 Prepaid expenses and other current assets 6,229 Property and equipment, net 63,395 Operating lease right-of-use assets 41,915 Other assets 18,351 Acquisition related intangible assets 545,500 Goodwill 1,060,159 Accounts payable (1,860) Related party payable (46,970) Accrued expenses and other current liabilities (37,796) Operating lease liabilities (40,413) Deferred tax liability (3,342) Total $ 1,915,708 The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of the OURS acquisition: Fair Value Cash and cash equivalents $ 153 Prepaid expenses and other current assets 23 Property and equipment, net 218 Other assets 9 Acquisition related intangible assets 19,000 Goodwill 23,477 Accounts payable (46) Deferred tax liability (2,013) Total $ 40,821
Schedule of Acquisition Date Fair Value of Consideration Transferred	The OURS acquisition date fair value of the consideration transferred for OURS was approximately $40,821, which consisted of the following Fair Value Cash $ 16,107 Stock consideration 24,105 Assumed liabilities related to third-party expenses 609 Total $ 40,821

Equity Incentive Plans (Tables)

Equity Incentive Plans (Tables)	6 Months Ended
	Jun. 30, 2022
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Option, Activity	Stock option activity under the 2017 Plan in the six months ended June 30, 2022 is as follows: Options outstanding Number of Weighted Weighted average remaining contractual term (in years) Aggregate intrinsic value Balance, December 31, 2021 79,644,550 $ 1.44 Exercised (14,192,960) 0.59 Forfeited (2,702,952) 2.24 Balance, June 30, 2022 62,748,638 $ 1.60 6.8 46,791 Exercisable, June 30, 2022 44,973,713 $ 1.24 6.3 41,871
Restricted Stock Unit Activity	RSU activity under the Plan and the 2017 Plan is as follows: Unvested RSUs outstanding Number of Weighted- Aggregate Intrinsic value Balance, December 31, 2021 34,054,713 4.72 Granted 82,788,961 4.06 Released (14,141,974) 4.07 Forfeited (7,679,851) 4.32 Balance, June 30, 2022 95,021,849 4.27 $ 183,392
Stock-based compensation expense	Total stock-based compensation expense by function was as follows (in thousands): Three Months Ended Six Months Ended 2022 2021 2022 2021 Research and development $ 41,424 $ 39,499 $ 67,651 $ 74,314 Selling, general, and administrative 4,854 2,044 7,874 4,124 Total $ 46,278 $ 41,543 $ 75,525 $ 78,438

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Schedule of Noncash Investing and Financing Activities	Non-cash investing and financing activities were as follows: Six Months Ended 2022 2021 Noncash investing and financing activities: Property and equipment included in accounts payable $ 2,110 $ 3,023 Vesting of early exercised stock options 11 143 Non-cash acquisition — 1,939,804

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Weighted Average Common Shares	Share amounts and net loss per share have been recast for the three and six months ended June 30, 2021 to reflect the Exchange Ratio from the Merger. Three Months Ended June 30, 2022 2021 Class A Class B Class A Class B Numerator: Net Loss $ (700,044) $ (454,133) $ (181,812) $ — Net loss per share: Basic and diluted $ (1.02) $ (1.02) $ (0.34) $ — Denominator: Weighted average common shares outstanding - basic and diluted 686,055,230 445,057,782 541,133,301 — Six Months Ended June 30, 2022 2021 Class A Class B Class A Class B Numerator: Net Loss $ (726,124) $ (504,861) $ (370,431) $ — Net loss per share: Basic and diluted $ (1.09) $ (1.09) $ (0.72) $ — Denominator: Weighted average common shares outstanding - basic and diluted 666,035,126 463,082,880 512,608,940 —
Schedule of Potential Common Stock Outstanding Excluded from Computation of Diluted Loss Per Share	The following table presents the potential common stock outstanding excluded from the computation of diluted loss per share because including them would have had an antidilutive effect: As of June 30, 2022 June 30, 2021 Class A Class B Class A Class B Redeemable convertible preferred stock — — 223,321,886 221,591,059 Stock options 64,254,466 — 89,972,519 — Restricted stock 95,590,496 — 36,823,354 — Private placement warrants 8,900,000 — — — Public warrants 12,218,291 — — — Earnout shares liability 5,162,314 — — — Total 186,125,567 — 350,117,759 221,591,059

Balance Sheet Detail - Fair Val

Balance Sheet Detail - Fair Value Schedule (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Cash equivalents:
Total cash equivalents	$ 549,199	$ 1,609,919
Short-term investments	829,353	0
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Total liabilities	12,370	118,058
Public warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	4,887	37,999
Private placement warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	3,560	27,679
Earnout shares liability
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	3,923	52,380
Level 1
Cash equivalents:
Total cash equivalents	549,199	1,609,919
Short-term investments	0
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Total liabilities	4,887	37,999
Level 1 | Public warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	4,887	37,999
Level 1 | Private placement warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 1 | Earnout shares liability
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 2
Cash equivalents:
Total cash equivalents	0	0
Short-term investments	829,353
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Total liabilities	3,560	27,679
Level 2 | Public warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 2 | Private placement warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	3,560	27,679
Level 2 | Earnout shares liability
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 3
Cash equivalents:
Total cash equivalents	0	0
Short-term investments	0
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Total liabilities	3,923	52,380
Level 3 | Public warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 3 | Private placement warrants
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	0	0
Level 3 | Earnout shares liability
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Liabilities:	3,923	52,380
U.S. government securities
Cash equivalents:
Short-term investments	829,353
U.S. government securities | Level 1
Cash equivalents:
Short-term investments	0
U.S. government securities | Level 2
Cash equivalents:
Short-term investments	829,353
U.S. government securities | Level 3
Cash equivalents:
Short-term investments	0
Money market funds
Cash equivalents:
Total cash equivalents	549,199	1,609,919
Money market funds | Level 1
Cash equivalents:
Total cash equivalents	549,199	1,609,919
Money market funds | Level 2
Cash equivalents:
Total cash equivalents	0	0
Money market funds | Level 3
Cash equivalents:
Total cash equivalents	$ 0	$ 0

Balance Sheet Detail - Narrativ

Balance Sheet Detail - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021
Derivative [Line Items]
Goodwill impairment	$ 1,000,081	$ 0	$ 1,000,081	$ 0
Risk Free Interest Rate | Monte Carlo Simulation
Derivative [Line Items]
Earnout shares, measurement input	0.0299		0.0299		0.0152
Price Volatility | Monte Carlo Simulation
Derivative [Line Items]
Earnout shares, measurement input	0.5000		0.5000		0.5000

Balance Sheet Detail - Earnout

Balance Sheet Detail - Earnout Shares Liability (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Derivative [Line Items]
Change in fair value	$ (48,457)
Earnout shares liability
Derivative [Line Items]
Balance as of December 31, 2021	52,380
Balance as of June 30, 2022	$ 3,923

Balance Sheet Detail - Amortize

Balance Sheet Detail - Amortized Cost, Unrealized Gains and Estimated Fair Value (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 833,214
Unrealized losses	(3,861)
Fair value	829,353
U.S. government securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	833,214
Unrealized losses	(3,861)
Fair value	$ 829,353

Balance Sheet Detail - Property

Balance Sheet Detail - Property Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 121,040	$ 113,197
Less accumulated depreciation and amortization	(27,875)	(19,680)
Total property and equipment, net	93,165	93,517
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	13,503	13,503
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,190	1,040
Test and lab equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	10,976	10,893
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	13,400	11,984
Computer and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	64,399	61,173
Computer software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,463	7,839
Automobile
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,586	3,321
Buildings
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,523	$ 3,444

Balance Sheet Detail - Goodwill

Balance Sheet Detail - Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Goodwill, Balance			$ 1,113,766
Accumulated impairment loss	$ (1,000,081)		(1,000,081)		$ 0
Impairment loss	(1,000,081)	$ 0	(1,000,081)	$ 0
Goodwill, Balance	$ 113,685		$ 113,685

Balance Sheet Detail - Accrued

Balance Sheet Detail - Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accrued compensation	$ 30,272	$ 51,401
Accrued expenses	17,553	16,074
Other	3,517	2,531
Total accrued expenses and other current liabilities	$ 51,342	$ 70,006

Collaboration Revenue (Details)

Collaboration Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		11 Months Ended	18 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Cash receipts			$ 95,360	$ 50,000		$ 145,360
Collaboration revenue	$ 20,733	$ 0	$ 62,731	$ 0	$ 145,269
Forecast | Subsequent Event
Disaggregation of Revenue [Line Items]
Cash consideration expected in 2022							$ 5,000

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($)			3 Months Ended			6 Months Ended		12 Months Ended
	Mar. 05, 2021	Jan. 19, 2021	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Business Acquisition [Line Items]
Transaction related costs				$ 6,854,000			$ 15,113,000
ATG
Business Acquisition [Line Items]
Percentage of voting interests acquired		100%
Consideration transferred		$ 1,915,708,000
Transaction related costs								$ 15,113,000
Property, plant, and equipment, decrease				$ 21,652,000
Adjustment, depreciation expense					$ 1,676,000
Deferred tax liability, increase			$ 3,342,000
Intangible asset impairment						$ 0
Non-cash compensation expense					$ 7,873,000
ATG | Series U-1 Preferred Stock
Business Acquisition [Line Items]
Consideration transferred ( in shares)		110,437,359
ATG | Common stock
Business Acquisition [Line Items]
Consideration transferred ( in shares)		252,194,518
OURS Technology, Inc.
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Consideration transferred	$ 40,821,000
Intangible asset impairment						$ 0
Stock options assumed	3,789,000
Stock options assumed, allocated to purchase price	2,145,000
OURS Technology, Inc. | Operating Expense
Business Acquisition [Line Items]
Stock options assumed	$ 1,644,000
OURS Technology, Inc. | Common stock
Business Acquisition [Line Items]
Consideration transferred ( in shares)	6,064,675
OURS Technology, Inc. | Common stock | Restricted Stock
Business Acquisition [Line Items]
Consideration transferred ( in shares)	396,067
Award vesting period	2 years

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Mar. 05, 2021	Jan. 19, 2021
Business Acquisition [Line Items]
Goodwill	$ 113,685	$ 1,113,766
ATG
Business Acquisition [Line Items]
Cash and cash equivalents				$ 310,540
Prepaid expenses and other current assets				6,229
Property and equipment, net				63,395
Operating lease right-of-use assets				41,915
Other assets				18,351
Acquisition related intangible assets				545,500
Goodwill				1,060,159
Accounts payable				(1,860)
Related party payable				(46,970)
Accrued expenses and other current liabilities				(37,796)
Operating lease liabilities				(40,413)
Deferred tax liability				(3,342)
Total				$ 1,915,708
OURS Technology, Inc.
Business Acquisition [Line Items]
Cash and cash equivalents			$ 153
Prepaid expenses and other current assets			23
Property and equipment, net			218
Other assets			9
Acquisition related intangible assets			19,000
Goodwill			23,477
Accounts payable			(46)
Deferred tax liability			(2,013)
Total			$ 40,821

Acquisitions - Consideration Tr

Acquisitions - Consideration Transferred (Details) - OURS Technology, Inc. $ in Thousands	Mar. 05, 2021 USD ($)
Business Acquisition [Line Items]
Cash	$ 16,107
Stock consideration	24,105
Assumed liabilities related to third-party expenses	609
Total	$ 40,821

Stockholders_ Equity - Narrativ

Stockholders’ Equity - Narrative (Details)	Jun. 30, 2022 votePerShare $ / shares shares	Dec. 31, 2021 $ / shares shares
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	1,000,000,000
Preferred stock, par value (in usd per share) | $ / shares	$ 0.00001
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	51,000,000,000
Common stock, par value (in usd per share) | $ / shares	$ 0.00001	$ 0.00001
Common stock, shares issued (in shares)	1,146,572,506
Common stock, shares outstanding (in shares)	1,146,572,506	1,122,829,814
Common Class A
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	50,000,000,000
Number of votes per share stock holders are entitled to receive | votePerShare	1
Common stock, shares issued (in shares)	716,866,208
Common stock, shares outstanding (in shares)	716,866,208
Common Class B
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	1,000,000,000
Number of votes per share stock holders are entitled to receive | votePerShare	10
Common stock, shares issued (in shares)	429,706,298
Common stock, shares outstanding (in shares)	429,706,298

Derivative Liabilities - Narrat

Derivative Liabilities - Narrative (Details) $ / shares in Units, $ in Thousands			3 Months Ended		6 Months Ended
	Dec. 03, 2021 tradingDay $ / shares	Jul. 14, 2021 tradingDay $ / shares shares	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) shares	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) shares	Nov. 03, 2021 $ / shares shares
Derivative [Line Items]
Change in fair value of derivative liabilities | $			$ 39,878	$ 0	$ 105,688	$ 0
Warrant written notice of redemption period	30 days
Earnout shares liability | $			3,923		$ 3,923		$ 52,380
Earnout shares, vested (in shares) | shares					0
Sponsor shares subject to lock-up provision
Derivative [Line Items]
Earnout shares (in shares) | shares		1,720,772
Earnout period		1 year
Earnout shares liability
Derivative [Line Items]
Change in fair value of derivative liabilities | $			$ 17,070		$ 48,457
Stock price trigger one | Sponsor shares subject to time-based lock-up provision
Derivative [Line Items]
Earnout shares (in shares) | shares		1,720,772
Earnout period		2 years
Earnout period, stock price trigger (in usd per share) | $ / shares		$ 15
Earnout period, threshold trading days | tradingDay		20
Earnout period, threshold trading day period | tradingDay		30
Stock price trigger two | Sponsor shares subject to time-based lock-up provision
Derivative [Line Items]
Earnout shares (in shares) | shares		1,720,771
Earnout period		3 years
Earnout period, stock price trigger (in usd per share) | $ / shares		$ 17.50
Earnout period, threshold trading days | tradingDay		20
Earnout period, threshold trading day period | tradingDay		30
Stock price trigger three | Sponsor shares subject to time-based lock-up provision
Derivative [Line Items]
Earnout shares (in shares) | shares		1,720,771
Earnout period		4 years
Earnout period, stock price trigger (in usd per share) | $ / shares		$ 20
Earnout period, threshold trading days | tradingDay		20
Earnout period, threshold trading day period | tradingDay		30
Public warrants
Derivative [Line Items]
Warrants outstanding (in shares) | shares			12,218,291		12,218,291		12,218,420	12,218,750
Warrants exercise price (usd per share) | $ / shares								$ 11.50
Warrants exercised (in shares | shares					129
Proceeds from warrant exercised | $					$ 1
Warrant liability | $			$ 8,447		8,447		$ 65,678
Change in fair value of derivative liabilities | $			$ 22,808		$ 57,231
Warrant, redemption period, threshold trading days | tradingDay	20
Warrant redemption period, threshold trading day period | tradingDay	30
Public warrants | Common Class A
Derivative [Line Items]
Warrant, redemption period, threshold trading days | tradingDay	10
Shares received upon exercise of warrant (capped)	0.361
Public warrants | Stock price trigger one
Derivative [Line Items]
Warrant redemption period, stock price trigger (in usd per share) | $ / shares	$ 10
Warrant redemption (usd per share) | $ / shares	0.10
Public warrants | Stock price trigger two
Derivative [Line Items]
Warrant redemption period, stock price trigger (in usd per share) | $ / shares	18
Warrant redemption (usd per share) | $ / shares	$ 0.01
Private placement warrants
Derivative [Line Items]
Warrants outstanding (in shares) | shares			8,900,000		8,900,000		8,900,000	8,900,000
Warrants exercise price (usd per share) | $ / shares								$ 11.50

Equity Incentive Plans - Narrat

Equity Incentive Plans - Narrative (Details)		3 Months Ended		6 Months Ended		11 Months Ended
	Nov. 02, 2021 shares	Jun. 30, 2022 USD ($) vestingRequirement shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) vestingRequirement shares	Jun. 30, 2021 USD ($)	Dec. 31, 2021 shares	Jan. 19, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of equity compensation plans | vestingRequirement		4		4
Stock based compensation expense | $		$ 46,278,000	$ 41,543,000	$ 75,525,000	$ 78,438,000
Costs not yet recognized | $		$ 24,588,000		$ 24,588,000
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period				10 years
Percentage of fair value common stock, threshold		100%		100%
Options granted to employee, stock owned, percentage of voting shares, threshold		10%		10%
Award vesting period				4 years
Expiration period, following termination				3 months
Stock based compensation expense | $				$ 8,786,000	12,458,000
Period for recognition				1 year 9 months
Stock options | One-year cliff
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
Stock options | Employees with greater than 10% voting shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period				5 years
Percentage of fair value common stock, threshold		110%		110%
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense | $				$ 59,755,000	$ 0
Period for recognition				2 years 10 months 24 days
Number of vesting requirements | vestingRequirement		2		2
Cost not yet recognized | $		$ 343,161,000		$ 343,161,000
Forfeited (in shares) | shares				7,679,851
Restricted stock | ATG
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense | $				$ 6,200,000
Cost not yet recognized | $		$ 0		$ 0
Awards modified on acquisition date (in shares) | shares							2,928,854
Forfeited (in shares) | shares						538,140
Restricted stock | One-year cliff
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
Restricted stock | Time-based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				4 years
Restricted stock | Maximum | Time-based retention
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				2 years
Restricted stock | Minimum | Time-based retention
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
2021 Incentive Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under the plan | shares	120,900,000
Authorized increase as percentage of Total shares outstanding, last day of prior fiscal year	5%
Maximum number of shares expired or terminated, added to the Plan | shares	120,692,205
Number of shares available for grant (in shares) | shares		106,439,376		106,439,376
2021 Incentive Incentive Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of additional shares authorized under the plan | shares	120,900,000

Equity Incentive Plans - Stock

Equity Incentive Plans - Stock Option Activity (Details) - 2017 Equity Incentive Plan $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares
Number of shares
Beginning balance (in shares) | shares	79,644,550
Exercised (in shares) | shares	(14,192,960)
Forfeited (in shares) | shares	(2,702,952)
Ending balance (in shares) | shares	62,748,638
Weighted average exercise  price
Beginning balance (in usd per share) | $ / shares	$ 1.44
Exercised (in usd per share) | $ / shares	0.59
Forfeited (in usd per share) | $ / shares	2.24
Ending balance (in usd per share) | $ / shares	$ 1.60
Exercisable, June 30, 2022
Number of shares (in shares) | shares	44,973,713
Weighted average exercise price (in usd per share) | $ / shares	$ 1.24
Weighted average remaining contractual term, outstanding (in years)	6 years 9 months 18 days
Options, outstanding, aggregate intrinsic value | $	$ 46,791
Weighted average remaining contractual term (in years)	6 years 3 months 18 days
Exercisable, aggregate intrinsic value | $	$ 41,871

Equity Incentive Plans - Schedu

Equity Incentive Plans - Schedule of Restricted Stock Units (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares
Number of shares
Released (in shares) | shares	(14,141,974)
Weighted average grant date fair value
Released (in usd per share) | $ / shares	$ 4.07
Aggregate intrinsic value, outstanding | $	$ 183,392
Restricted stock
Number of shares
Beginning balance (in shares) | shares	34,054,713
Granted (in shares) | shares	82,788,961
Forfeited (in shares) | shares	(7,679,851)
Ending balance (in shares) | shares	95,021,849
Weighted average grant date fair value
Beginning balance (in usd per share) | $ / shares	$ 4.72
Granted (in usd per share) | $ / shares	4.06
Forfeited (in usd per share) | $ / shares	4.32
Ending balance (in usd per share) | $ / shares	$ 4.27

Equity Incentive Plans - Stock-

Equity Incentive Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock based compensation expense	$ 46,278	$ 41,543	$ 75,525	$ 78,438
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock based compensation expense	41,424	39,499	67,651	74,314
Selling, general, and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock based compensation expense	$ 4,854	$ 2,044	$ 7,874	$ 4,124

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022
Leases [Abstract]
Weighted average remaining lease term	8 years 6 months		8 years 6 months
Weighted average discount rate, percent	6.30%		6.30%
Operating lease, rent expense	$ 7,255	$ 5,942	$ 14,117

Employee Benefit Plan (Details)

Employee Benefit Plan (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Retirement Benefits [Abstract]
Defined contribution plan cost	$ 0	$ 0	$ 0	$ 0

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Noncash investing and financing activities:
Property and equipment included in accounts payable	$ 2,110	$ 3,023
Vesting of early exercised stock options	11	143
Non-cash acquisition	$ 0	$ 1,939,804

Earnings Per Share - Share Amou

Earnings Per Share - Share Amounts and Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Class of Stock [Line Items]
Net Loss	$ (1,154,177)	$ (181,812)	$ (1,230,985)	$ (370,431)
Basic net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Diluted net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Basic weighted-average shares outstanding (in shares)	1,131,113,012	541,133,301	1,129,118,006	512,608,940
Diluted weighted-average shares outstanding (in shares)	1,131,113,012	541,133,301	1,129,118,006	512,608,940
Common Class A
Class of Stock [Line Items]
Net Loss	$ (700,044)	$ (181,812)	$ (726,124)	$ (370,431)
Basic net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Diluted net loss per share (in usd per share)	$ (1.02)	$ (0.34)	$ (1.09)	$ (0.72)
Basic weighted-average shares outstanding (in shares)	686,055,230	541,133,301	666,035,126	512,608,940
Diluted weighted-average shares outstanding (in shares)	686,055,230	541,133,301	666,035,126	512,608,940
Common Class B
Class of Stock [Line Items]
Net Loss	$ (454,133)	$ 0	$ (504,861)	$ 0
Basic net loss per share (in usd per share)	$ (1.02)	$ 0	$ (1.09)	$ 0
Diluted net loss per share (in usd per share)	$ (1.02)	$ 0	$ (1.09)	$ 0
Basic weighted-average shares outstanding (in shares)	445,057,782	0	463,082,880	0
Diluted weighted-average shares outstanding (in shares)	445,057,782	0	463,082,880	0

Earnings Per Share - Antidiluti

Earnings Per Share - Antidilutive Shares (Details) - shares	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	186,125,567	350,117,759
Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0	221,591,059
Redeemable convertible preferred stock | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share		223,321,886
Redeemable convertible preferred stock | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share		221,591,059
Stock options | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	64,254,466	89,972,519
Stock options | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0	0
Restricted stock | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	95,590,496	36,823,354
Restricted stock | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0	0
Derivative | Private placement warrants | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	8,900,000
Derivative | Private placement warrants | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0
Derivative | Public warrants | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	12,218,291
Derivative | Public warrants | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0
Derivative | Earnout shares liability | Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	5,162,314
Derivative | Earnout shares liability | Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential stock excluded from the computation of diluted loss per share	0

Related Parties (Details)

Related Parties (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jan. 19, 2021
Related Party Transaction [Line Items]
Severance payments				$ 0	$ 7,873
Operating expenses		$ 1,217,333	$ 181,458	1,402,475	373,247
Related party payables		950		950		$ 540
Receivable from related party		0		0		$ 10,726
Affiliated Entity
Related Party Transaction [Line Items]
Proceeds from receivable for withholding tax payments made on behalf of related party				12,770
ATG
Related Party Transaction [Line Items]
Liability assumed in acquisition							$ 46,970
Contract for financial advisory services with related party
Related Party Transaction [Line Items]
Payments to related party for advisory fees	$ 10,000
Advisory fees recognized as a reduction to redeemable convertible preferred stock for issuance costs					1,750
Contract for financial advisory services with related party | Selling, general and administrative expenses
Related Party Transaction [Line Items]
Expenses from related party transactions					8,250
Liability assumed due to the former owner of ATG | ATG | Affiliated Entity
Related Party Transaction [Line Items]
Liability assumed in acquisition							$ 46,970
Severance payments to former ATG employees by former owner | Affiliated Entity
Related Party Transaction [Line Items]
Severance payments	$ 7,873
Transition service agreement with former owner of ATG
Related Party Transaction [Line Items]
Operating expenses		$ 1,150	$ 1,415	$ 4,058	$ 3,087