v3.26.3
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 141 $ 221
Short-term investments 893 1,055
Other current assets 31 41
Total current assets 1,065 1,317
Property and equipment, net 189 103
Operating lease right-of-use assets 81 85
Acquisition related intangible assets, net 617 617
Long-term investments 0 183
Other assets 55 38
Total assets 2,007 2,343
Current liabilities:    
Operating lease liabilities, current 10 11
Other current liabilities 100 100
Total current liabilities 110 111
Operating lease liabilities, long-term 70 73
Derivative liabilities, long-term 23 15
Other liabilities 8 4
Total liabilities 211 203
Commitments and contingencies
Stockholders’ equity:    
Common stock - $0.00001 par value, 51,000 shares authorized, 2,015 and 1,943 shares issued and outstanding, respectively 0 0
Additional paid-in capital 7,698 7,312
Accumulated other comprehensive (loss) income (1) 2
Accumulated deficit (5,901) (5,174)
Total stockholders’ equity 1,796 2,140
Total liabilities and stockholders’ equity $ 2,007 $ 2,343