v3.22.2.2
Equity Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Operational Milestone Based on Revenue or Adjusted EBITDA

The achievement status of the operational milestones as of September 30, 2022 is provided below. Although an operational milestone is deemed achieved in the last quarter of the relevant annualized period, it may be certified only after the financial statements supporting its achievement have been filed with our Forms 10-Q and/or 10-K.

 

Total Annualized Revenue

 

Annualized Adjusted EBITDA

Milestone
(in billions)

 

 

Achievement Status

 

Milestone
(in billions)

 

 

Achievement Status

$

20.0

 

 

Achieved

 

$

1.5

 

 

Achieved

$

35.0

 

 

Achieved

 

$

3.0

 

 

Achieved

$

55.0

 

 

Achieved

 

$

4.5

 

 

Achieved

$

75.0

 

 

Probable

 

$

6.0

 

 

Achieved

$

100.0

 

 

-

 

$

8.0

 

 

Achieved

$

125.0

 

 

-

 

$

10.0

 

 

Achieved

$

150.0

 

 

-

 

$

12.0

 

 

Achieved

$

175.0

 

 

-

 

$

14.0

 

 

Achieved

Summary of Stock-Based Compensation Expense

The following table summarizes our stock-based compensation expense by line item in the consolidated statements of operations (in millions):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenues

 

$

150

 

 

$

99

 

 

$

424

 

 

$

310

 

Research and development

 

 

124

 

 

 

105

 

 

 

389

 

 

 

334

 

Selling, general and administrative

 

 

88

 

 

 

271

 

 

 

328

 

 

 

919

 

Total

 

$

362

 

 

$

475

 

 

$

1,141

 

 

$

1,563