v3.23.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Total revenue $ 589,849 $ 495,784
Operating expenses:    
Sales and marketing 202,836 174,926
Research and development 4,557 6,257
General and administrative 51,886 43,081
Amortization of intangible assets 1,341 1,341
Total operating expenses 817,543 677,234
Loss from operations (227,694) (181,450)
Interest expense, net (142,698) (92,254)
Other (expense) income, net (25,000) 113,958
Loss before income taxes (395,392) (159,746)
Income tax benefit (59,619) (3,277)
Net loss (335,773) (156,469)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (95,385) (68,691)
Net loss attributable to common stockholders $ (240,388) $ (87,778)
Net loss per share attributable to common stockholders    
Basic (in dollars per share) $ (1.12) $ (0.42)
Diluted (in dollars per share) $ (1.12) $ (0.42)
Weighted average shares used to compute net loss per share attributable to common stockholders    
Basic (in shares) 214,548 208,676
Diluted (in shares) 214,548 208,676
Customer agreements and incentives    
Revenue:    
Total revenue $ 246,474 $ 209,692
Operating expenses:    
Costs 236,905 201,785
Solar energy systems and product sales    
Revenue:    
Total revenue 343,375 286,092
Operating expenses:    
Costs $ 320,018 $ 249,844

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