v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 221 $ 211
Short-term investments 1,055 1,012
Other current assets 41 31
Total current assets 1,317 1,254
Property and equipment, net 103 104
Operating lease right-of-use assets 85 120
Acquisition related intangible assets, net 617 617
Long-term investments 183 0
Other assets 38 43
Total assets 2,343 2,138
Current liabilities:    
Operating lease liabilities, current 11 16
Other current liabilities 100 89
Total current liabilities 111 105
Operating lease liabilities, long-term 73 105
Derivative liabilities, long-term 15 48
Other liabilities 4 5
Total liabilities 203 263
Commitments and contingencies
Stockholders’ equity:    
Common stock - $0.00001 par value, 51,000 shares authorized, 1,943 and 1,733 shares issued and outstanding, respectively 0 0
Additional paid-in capital 7,312 6,232
Accumulated other comprehensive income 2 1
Accumulated deficit (5,174) (4,358)
Total stockholders’ equity 2,140 1,875
Total liabilities and stockholders’ equity $ 2,343 $ 2,138