v3.22.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 584,580 $ 401,166 $ 1,080,364 $ 735,960
Operating expenses:        
Sales and marketing 187,428 144,599 362,354 270,712
Research and development 6,139 5,150 12,396 11,022
General and administrative 49,946 62,916 93,027 148,546
Amortization of intangible assets 1,341 1,343 2,682 2,688
Total operating expenses 739,887 542,935 1,417,121 1,056,254
Loss from operations (155,307) (141,769) (336,757) (320,294)
Interest expense, net (103,045) (74,999) (195,299) (149,269)
Other income (expenses), net 51,873 (11,553) 165,831 22,794
Loss before income taxes (206,479) (228,321) (366,225) (446,769)
Income tax expense (benefit) 3,277 (14,912) 0 (29,038)
Net loss (209,756) (213,409) (366,225) (417,731)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (197,330) (172,165) (266,021) (352,698)
Net loss attributable to common stockholders $ (12,426) $ (41,244) $ (100,204) $ (65,033)
Net loss per share attributable to common stockholders        
Basic (in dollars per share) $ (0.06) $ (0.20) $ (0.48) $ (0.32)
Diluted (in dollars per share) $ (0.06) $ (0.20) $ (0.48) $ (0.32)
Weighted average shares used to compute net loss per share attributable to common stockholders        
Basic (in shares) 211,128 204,378 210,474 203,475
Diluted (in shares) 211,128 204,378 210,474 203,475
Customer agreements and incentives        
Revenue:        
Total revenue $ 259,886 $ 219,474 $ 469,578 $ 394,070
Operating expenses:        
Costs 202,554 177,339 404,339 337,616
Solar energy systems and product sales        
Revenue:        
Total revenue 324,694 181,692 610,786 341,890
Operating expenses:        
Costs $ 292,479 $ 151,588 $ 542,323 $ 285,670

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