7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 
      
                                  
      assets
                                  
      current assets:
                                  
      cash and cash equivalents1
    595,055,000 574,764,000 794,751,000 802,851,000 495,677,000 581,684,000 515,957,000 664,593,000 557,384,000 767,055,000 320,431,000 348,498,000 492,120,000 235,638,000 286,007,000 396,035,000 121,861,000 203,956,000 180,719,000 246,947,000 325,241,000 144,072,000 180,307,000 202,823,000 226,499,000 308,009,000 320,414,000    
      restricted cash
    8,474,000 1,128,000 6,203,000                         28,657,000 17,931,000 25,860,000 
      accounts receivables
    411,653,000 467,038,000  335,841,000 590,794,000 524,000,000                         
      contract assets3
    258,884,000 129,798,000 143,619,000 145,162,000 121,074,000 90,388,000 33,788,000 41,366,000 143,875,000                      
      inventories1
    704,996,000 689,963,000 612,504,000 544,656,000 584,484,000 520,216,000 526,351,000 502,515,000 475,649,000 468,266,000 397,689,000 268,394,000                   
      deferred cost of revenue
    24,091,000 30,525,000 66,515,000 3,629,000 3,539,000 3,565,000 3,552,000 3,454,000 4,286,000 53,982,000 40,390,000 46,191,000 31,812,000 30,110,000 17,143,000 25,040,000 33,759,000 36,273,000 55,064,000 41,469,000 59,627,000 68,233,000 79,799,000 58,470,000 50,707,000 86,434,000 66,316,000 62,147,000 66,009,000 55,476,000 
      prepaid expenses and other current assets1, 4
    44,743,000 40,070,000 51,305,000                            
      total current assets
    2,047,896,000 1,933,286,000 2,008,878,000 2,044,127,000 1,902,888,000 1,830,014,000 1,579,595,000 1,693,167,000 1,682,472,000 1,776,399,000 1,244,929,000 1,055,963,000 964,372,000 669,249,000 723,607,000 806,420,000 530,940,000 565,900,000 584,472,000 618,604,000 650,053,000 440,792,000 462,895,000 472,707,000 490,359,000 592,284,000 639,842,000 672,581,000 698,532,000 390,273,000 
      property, plant and equipment, net1
    400,360,000 402,880,000 405,879,000 403,475,000 484,505,000 494,377,000 496,225,000 493,352,000 490,535,000 606,007,000 602,961,000 600,414,000 646,768,000 628,759,000 608,912,000 604,106,000 615,514,000 611,371,000 599,437,000 600,628,000 601,929,000 601,566,000 606,850,000 607,059,000 384,377,000 406,610,000 475,385,000    
      investments in unconsolidated affiliates14
    5,939,000                              
      operating lease right-of-use assets1, 5
    112,677,000 117,280,000 118,292,000                            
      other long-term assets1, 6
    44,407,000 45,310,000 43,880,000                            
      total assets
    2,638,199,000 2,530,422,000 2,607,984,000 2,657,354,000 2,604,517,000 2,548,044,000 2,286,054,000 2,413,677,000 2,376,172,000 2,719,902,000 2,192,210,000 1,946,627,000 1,902,069,000 1,580,833,000 1,649,972,000 1,725,571,000 1,431,726,000 1,464,028,000 1,451,262,000 1,454,387,000 1,474,359,000 1,277,543,000 1,312,608,000 1,322,591,000 1,169,927,000 1,222,579,000 1,318,850,000 1,389,668,000 1,445,145,000 1,157,737,000 
      liabilities and stockholders’ equity
                                  
      current liabilities:
                                  
      accounts payable1
    167,382,000  144,998,000      153,793,000 194,503,000 130,061,000 161,770,000         64,282,000 64,896,000 60,401,000 55,579,000 81,060,000 61,427,000 64,425,000    
      accrued warranty7
    14,682,000  10,283,000                            
      accrued expenses and other current liabilities1, 8
    168,404,000  104,296,000                            
      deferred revenue and customer deposits9
    56,065,000  168,444,000                            
      operating lease liabilities1, 10
    21,438,000  20,214,000                            
      financing obligations
    36,556,000 29,074,000 21,553,000 11,704,000 20,921,000 28,332,000 36,727,000 38,972,000 39,093,000 29,097,000 20,272,000 17,363,000 16,682,000 16,159,000 15,172,000 14,721,000 14,260,000 13,819,000 13,330,000 12,745,000 12,342,000 11,603,000 11,248,000 10,993,000       
      recourse debt
     2,229,000 114,631,000 114,385,000 114,139,000 1,121,011,000 843,477,000    12,971,000 12,716,000 12,792,000 12,434,000 12,355,000 8,348,000 6,034,000 2,020,000             
      non-recourse debt1
    1,424,000         10,814,000 11,435,000 13,307,000 15,943,000 14,734,000 17,936,000 17,483,000 7,782,000 117,690,000 118,468,000 120,846,000           
      total current liabilities
    465,951,000 387,339,000 584,419,000 636,758,000 566,923,000 393,475,000 354,671,000 470,422,000 461,726,000 828,548,000 771,591,000 541,946,000 392,727,000 393,688,000 346,958,000 342,479,000 311,868,000 409,046,000 369,308,000 436,377,000 389,516,000 303,734,000 285,744,000 573,964,000 293,726,000 339,087,000 276,194,000 279,666,000 271,853,000 248,146,000 
      deferred revenue and customer deposits11
    32,254,000                              
      operating lease liabilities1, 12
    112,188,000  119,487,000 19,642,000 20,195,000                          
      non-recourse debt1, 13
    2,849,000  4,069,000                            
      other long-term liabilities
    9,667,000 9,468,000 9,396,000 9,213,000 8,811,000 8,479,000 8,634,000 9,049,000 8,805,000 9,399,000 8,187,000 9,491,000 8,917,000 18,646,000 18,356,000 16,772,000 26,755,000 20,904,000 19,867,000         55,937,000 48,161,000 52,153,000 
      total liabilities
    1,960,720,000 1,910,992,000 2,006,529,000 2,072,138,000 2,149,525,000 2,101,494,000 1,796,904,000 1,893,007,000 1,870,972,000 2,373,667,000 1,758,376,000 1,567,811,000 1,491,145,000 1,517,203,000 1,496,177,000 1,518,547,000 1,431,351,000 1,434,080,000 1,386,860,000 1,312,991,000 1,431,679,000 1,528,074,000 1,571,773,000 1,490,451,000 1,181,011,000 1,233,787,000 1,250,823,000 1,298,958,000 1,338,825,000 1,722,540,000 
      commitments and contingencies
                                  
      stockholders’ equity:
                                  
      common stock: 0.0001 par value; class a shares — 600,000,000 shares authorized, and 236,356,829 shares and 229,142,474 shares issued and outstanding, and class b shares — 470,092,742 shares authorized, and no shares issued and outstanding at september 30, 2025, and december 31, 2024, respectively
    24,000                              
      additional paid-in capital
    4,642,300,000 4,560,346,000 4,502,881,000 4,462,659,000 4,435,152,000 4,413,233,000 4,394,148,000 4,370,343,000 4,360,080,000 4,011,900,000 4,036,697,000 3,906,491,000 3,691,715,000 3,284,261,000 3,251,128,000 3,219,081,000 3,183,101,000 3,155,917,000 3,129,687,000 3,182,753,000 3,054,376,000 2,747,890,000  2,686,759,000    2,480,597,000 2,387,361,000 166,805,000 
      accumulated other comprehensive loss
    -1,179,000 -806,000 -2,270,000 -2,593,000 -1,818,000 -2,301,000 -2,139,000 -1,687,000 -2,378,000 -2,053,000 -1,352,000 -1,251,000 -1,531,000 -1,000,000 -503,000 -350,000 -278,000 -124,000 -126,000            
      accumulated deficit
    -3,988,075,000 -3,964,982,000 -3,922,363,000 -3,897,618,000 -4,002,413,000 -3,987,702,000 -3,925,915,000 -3,866,599,000 -3,871,110,000 -3,702,111,000 -3,636,050,000 -3,564,483,000 -3,517,311,000 -3,460,234,000 -3,341,434,000 -3,263,075,000 -3,229,752,000 -3,177,381,000 -3,123,518,000 -3,103,937,000 -3,076,800,000 -3,064,845,000  -2,946,384,000    -2,572,400,000 -2,472,619,000 -2,394,040,000 
      total equity attributable to common stockholders
    653,070,000 594,581,000 578,271,000   423,253,000 466,115,000  486,613,000                      
      noncontrolling interest
    24,409,000 24,849,000 23,184,000 22,745,000 24,048,000 23,297,000 23,035,000 18,592,000 18,587,000 38,479,000 34,519,000 38,039,000 29,481,000 32,034,000 36,035,000 42,499,000 46,955,000 51,185,000 57,986,000 62,195,000 64,909,000 66,302,000 73,867,000 91,291,000 95,206,000 104,072,000 114,664,000 125,110,000 134,849,000 141,433,000 
      total stockholders’ equity
    677,479,000 619,430,000 601,455,000 585,216,000 454,992,000 446,550,000 489,150,000 520,670,000 505,200,000 346,235,000 433,834,000 378,816,000   -90,791,000    6,060,000 78,824,000           
      total liabilities and stockholders’ equity
    2,638,199,000 2,530,422,000 2,607,984,000 2,657,354,000 2,604,517,000 2,548,044,000 2,286,054,000 2,413,677,000 2,376,172,000 2,719,902,000 2,192,210,000                    
      accounts payable1, 7
     144,781,000                             
      accrued warranty8
     11,993,000                             
      accrued expenses and other current liabilities1, 9
     116,619,000    116,399,000 99,307,000 130,879,000                       
      deferred revenue and customer deposits10
     59,964,000                             
      operating lease liabilities1, 11
     21,201,000    20,123,000 20,513,000 20,245,000                       
      non-recourse debt1, 12
     1,478,000                             
      deferred revenue and customer deposits1, 13
     47,649,000  43,105,000 34,796,000                          
      operating lease liabilities1, 14
     117,452,000  124,523,000 135,159,000                          
      non-recourse debt1, 15
     2,956,000  4,057,000 4,563,000                          
      common stock: 0.0001 par value; class a shares — 600,000,000 shares authorized, and 233,661,168 shares and 229,142,474 shares issued and outstanding, and class b shares — 470,092,742 shares authorized, and no shares issued and outstanding at june 30, 2025, and december 31, 2024, respectively
     23,000                             
      accounts receivable less allowance for credit losses of 119 as of march 31, 2025, and december 31, 20241, 2
      333,981,000                            
      deferred revenue and customer deposits1, 11
      47,173,000 243,314,000 142,056,000                          
      common stock: 0.0001 par value; class a shares — 600,000,000 shares authorized, and 231,969,446 shares and 229,142,474 shares issued and outstanding, and class b shares — 470,092,742 shares and 600,000,000 shares authorized, and no shares issued and outstanding at march 31, 2025, and december 31, 2024, respectively
      23,000                            
      restricted cash1
       110,622,000 22,548,000 25,167,000 51,387,000 46,821,000 42,614,000 45,811,000 47,241,000 51,515,000 42,104,000 50,293,000 70,141,000 92,540,000 65,315,000 60,584,000 54,865,000 52,470,000 47,212,000 40,393,000 29,730,000 30,804,000 14,486,000 23,706,000 18,419,000    
      deferred cost of revenue4
       58,792,000 40,648,000 48,457,000 56,051,000 45,984,000 62,212,000                      
      prepaid expenses and other current assets1, 5
       46,203,000 47,663,000 40,102,000 47,639,000 51,148,000                       
      operating lease right-of-use assets1, 6
       122,489,000 133,143,000 134,972,000 138,941,000 139,732,000                       
      other long-term assets1, 7
       46,136,000 49,516,000 54,163,000 52,363,000 50,208,000                       
      accounts payable1, 8
       92,704,000 124,272,000 104,201,000 94,231,000 132,078,000                       
      accrued warranty9
       16,559,000 15,009,000                          
      accrued expenses and other current liabilities1, 10
       138,450,000 130,331,000                          
      common stock: 0.0001 par value; class a shares — 600,000,000 shares and 600,000,000 shares authorized, and 229,142,474 shares and 224,717,533 shares issued and outstanding, and class b shares — 470,092,742 shares and 600,000,000 shares authorized, and no shares issued and outstanding at december 31, 2024, and 2023, respectively.
       23,000                           
      total stockholders’ equity attributable to common stockholders
       562,471,000 430,944,000   502,078,000                       
      common stock: 0.0001 par value; class a shares — 600,000,000 shares and 600,000,000 shares authorized, and 228,509,625 shares and 224,717,533 shares issued and outstanding, and class b shares — 470,092,742 shares and 600,000,000 shares authorized, and no shares issued and outstanding at september 30, 2024, and december 31, 2023, respectively
        23,000                          
      accrued warranty
         12,388,000 9,197,000 19,326,000 16,537,000 14,906,000 9,456,000 17,332,000 13,344,000 9,319,000 14,671,000 11,746,000 7,907,000 7,697,000 5,958,000 10,263,000 9,807,000 10,175,000 11,014,000 10,333,000 15,295,000 12,393,000 16,736,000 19,236,000 17,975,000 14,928,000 
      deferred revenue and customer deposits1, 10
         112,032,000 94,696,000 128,922,000                       
      deferred revenue and customer deposits1, 12
         28,589,000 39,912,000 19,140,000                       
      operating lease liabilities1, 13
         137,209,000 141,024,000 141,939,000                       
      non-recourse debt1, 14
         4,347,000 4,458,000 4,627,000                       
      common stock: 0.0001 par value; class a shares — 600,000,000 shares and 600,000,000 shares authorized, and 227,556,594 shares and 224,717,533 shares issued and outstanding, and class b shares — 470,092,742 shares and 600,000,000 shares authorized, and no shares issued and outstanding at june 30, 2024 and december 31, 2023, respectively
         23,000                         
      accounts receivable less allowance for credit losses of 119 as of march 31, 2024 and december 31, 20231, 2
          348,422,000                        
      common stock: 0.0001 par value; class a shares — 600,000,000 shares authorized, and 226,933,763 shares and 224,717,533 shares issued and outstanding and class b shares — 600,000,000 shares authorized and no shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively
          21,000                        
      accounts receivable less allowance for credit losses of 119 as of december 31, 2023 and 119 as of december 31, 20221, 2
           340,740,000                       
      common stock: 0.0001 par value; class a shares — 600,000,000 shares authorized, and 224,717,533 shares and 189,864,722 shares issued and outstanding and class b shares — 600,000,000 shares authorized, and no shares and 15,799,968 shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively.
           21,000                       
      accounts receivable less allowance for doubtful accounts of 119 as of september 30, 2023 and december 31, 20221, 2
            334,495,000                      
      prepaid expenses and other current assets1
            66,243,000 49,823,000 56,384,000 43,643,000 46,489,000 35,155,000 37,000,000 30,661,000 31,946,000 23,061,000 26,809,000 30,718,000 30,240,000 20,747,000 24,994,000 28,068,000       
      operating lease right-of-use assets1
            127,973,000 132,452,000 129,377,000 126,955,000                   
      other long-term assets1
            33,208,000 43,426,000 46,970,000 40,205,000 38,316,000 38,905,000 38,412,000 39,116,000 38,593,000 35,921,000 35,199,000 34,511,000 40,632,000 40,989,000 44,596,000 41,652,000 58,400,000 60,975,000 34,386,000    
      accrued expenses and other current liabilities1, 5
            116,480,000                      
      deferred revenue and customer deposits1, 6
            119,157,000                      
      operating lease liabilities1
            16,666,000 17,168,000 16,148,000 16,227,000                   
      deferred revenue and customer deposits1
            14,499,000 137,704,000 148,530,000 159,048,000 98,841,000 93,237,000 94,044,000 89,975,000 81,894,000 79,262,000 69,240,000 114,286,000 95,546,000 102,944,000 99,046,000 89,192,000 88,060,000 129,321,000 89,557,000    
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 223,860,870 shares and 189,864,722 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 0 shares and 15,799,968 shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
            21,000                      
      accounts receivable less allowance for doubtful accounts of 119 as of june 30, 2023 and december 31, 20221
             351,021,000                     
      contract assets
             35,182,000 47,778,000 46,727,000 25,768,000 33,374,000 13,533,000 25,201,000 27,745,000 18,638,000             
      loan commitment asset
             5,259,000 5,259,000                    
      accrued expenses and other current liabilities1
             113,848,000 111,761,000 144,183,000 102,010,000 101,204,000 92,170,000 114,138,000 85,877,000 96,051,000 82,133,000 112,004,000 77,882,000 88,052,000 77,809,000 70,284,000       
      series b redeemable convertible preferred stock
             310,508,000                     
      recourse debt1
             839,223,000                     
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 193,506,252 shares and 189,864,722 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,675,130 shares and 15,799,968 shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
             20,000                     
      total equity attributable to class a and class b common stockholders
             307,756,000 399,315,000                    
      accounts receivable less allowance for doubtful accounts of 119 as of march 31, 2023 and december 31, 20221
              329,757,000                    
      redeemable convertible preferred stock
              310,957,000  208,551,000 208,551,000 208,551,000 208,551,000               
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 192,657,993 shares and 189,864,722 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,675,652 shares and 15,799,968 shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively
              20,000                    
      accounts receivable less allowance for doubtful accounts of 119 as of december 31, 2022 and 20211
               250,995,000                   
      customer financing receivable1
                  5,875,000 5,784,000 5,693,000 5,603,000 5,515,000 5,428,000 5,341,000 5,254,000 5,170,000 5,108,000 5,919,000 5,817,000 5,717,000    
      liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders’ equity
                                  
      redeemable noncontrolling interest
                   300,000 331,000 334,000 356,000 377,000 189,000 118,000 67,000 443,000 557,000 505,000 58,802,000 57,261,000 56,446,000 54,940,000 
      stockholders’ equity (deficit) :
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized, and 189,864,722 shares and 160,627,544 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,799,968 shares and 15,832,863 shares issued and outstanding at december 31, 2022 and december 31, 2021, respectively.
               20,000                   
      total stockholders’ equity (deficit) attributable to class a and class b common stockholders
               340,777,000                   
      total liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders’ equity
               1,946,627,000                   
      accounts receivable less allowance for doubtful accounts of 119 as of september 30, 2022 and december 31, 20211
                71,184,000                  
      inventories
                254,895,000 206,707,000 183,066,000 143,370,000 182,555,000 163,317,000 153,172,000 142,059,000 131,911,000 112,479,000 107,204,000 109,606,000 140,372,000 104,934,000 116,544,000 132,476,000 134,725,000 136,433,000 
      operating lease right-of-use assets
                114,053,000 110,362,000 98,119,000 106,660,000 70,055,000 69,708,000 55,165,000 35,621,000           
      accounts payable
                120,444,000 134,020,000 89,012,000 72,967,000 101,908,000 87,132,000 72,960,000 58,334,000        66,889,000 59,818,000 53,798,000 
      operating lease liabilities
                12,671,000 12,581,000 11,598,000 13,101,000 6,206,000 5,375,000 7,219,000 7,899,000           
      stockholders’ equity
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 179,165,539 shares and 160,627,544 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,802,146 shares and 15,832,863 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively.
                19,000                  
      total equity (deficit) attributable to class a and class b common stockholders
                172,892,000                  
      total stockholders' equity
                202,373,000                  
      total liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders' equity
                1,902,069,000                  
      accounts receivable less allowance for doubtful accounts of 119 as of june 30, 2022 and december 31, 20211
                 77,972,000                 
      liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders’ deficit
                                  
      stockholders’ deficit:
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 163,085,510 shares and 160,627,544 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,828,287 shares and 15,832,863 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively.
                 18,000                 
      total deficit attributable to class a and class b common stockholders
                 -176,955,000                 
      total stockholders' deficit
                 -144,921,000                 
      total liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders' deficit
                 1,580,833,000                 
      accounts receivable1
                  110,842,000 87,789,000 62,066,000 54,468,000 108,328,000 99,513,000 50,481,000 49,614,000 35,691,000 37,828,000 26,737,000 38,296,000 84,070,000    
      customer financing receivable, non-current1
                  38,005,000 39,484,000 40,981,000 42,457,000 43,880,000 45,268,000 46,725,000 48,111,000 49,446,000 50,747,000 62,615,000 64,146,000 65,620,000    
      restricted cash, non-current1
                  137,748,000 126,539,000 132,725,000 135,988,000 130,080,000 117,293,000 131,916,000 139,664,000 143,882,000 143,761,000 116,890,000 39,351,000 31,101,000    
      deferred cost of revenue, non-current
                  3,212,000 1,289,000 2,918,000 2,683,000 3,029,000 2,462,000 3,104,000 6,421,000 4,939,000 6,665,000 57,286,000 59,213,000 72,516,000 102,699,000 139,217,000 148,934,000 
      goodwill
                  1,957,000 1,957,000               
      liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest, stockholders’ (deficit) equity and noncontrolling interest
                                  
      deferred revenue and customer deposits, non-current1
                  80,457,000 90,310,000 67,887,000 79,059,000 84,472,000 87,463,000           
      operating lease liabilities, non-current
                  105,656,000 106,187,000 78,146,000 78,441,000 61,714,000 41,849,000           
      financing obligations, non-current
                  452,229,000 461,900,000 456,315,000 459,887,000 461,468,000 459,981,000 451,796,000 440,444,000 443,407,000 446,165,000       
      recourse debt, non-current
                  280,056,000 283,483,000 285,216,000 288,650,000 290,090,000 168,008,000           
      non-recourse debt, non-current1
                  212,465,000 217,416,000 205,164,000 98,093,000 99,941,000 102,045,000           
      stockholders’equity
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 162,165,862 shares and 160,627,544 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,829,833 shares and 15,832,863 shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively.
                  18,000                
      total liabilities, redeemable noncontrolling interest, stockholders' (deficit) equity and noncontrolling interest
                  1,649,972,000 1,725,571,000 1,431,726,000 1,464,028,000             
      stockholders’ (deficit) equity:
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 160,627,544 shares and 140,094,633 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 15,832,863 shares and 27,908,093 shares issued and outstanding at december 31, 2021 and december 31, 2020, respectively.
                   18,000               
      total stockholders’ (deficit) equity
                   -44,326,000 -46,911,000 -21,571,000             
      liabilities, redeemable noncontrolling interest, stockholders’ (deficit) equity and noncontrolling interest
                                  
      preferred stock: 10,000,000 shares authorized and no shares issued and outstanding at september 30, 2021 and december 31, 2020.
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 147,320,041 shares and 140,094,633 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 27,758,020 shares and 27,908,093 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively.
                    18,000              
      preferred stock: 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2021 and december 31, 2020.
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 145,632,567 shares and 140,094,633 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 27,769,593 shares and 27,908,093 shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively.
                     17,000             
      liabilities, redeemable noncontrolling interest, stockholders’ equity and noncontrolling interest
                                  
      common stock: 0.0001 par value; class a shares - 600,000,000 shares authorized and 144,325,637 shares and 140,094,633 shares issued and outstanding and class b shares - 600,000,000 shares authorized and 27,773,816 shares and 27,908,093 shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively.
                      17,000            
      total liabilities, redeemable noncontrolling interest, stockholders' equity and noncontrolling interest
                      1,451,262,000            
      liabilities, redeemable noncontrolling interest, stockholders’ equity (deficit) and noncontrolling interest
                                  
      recourse debt - related parties
                                  
      non-recourse debt - related parties1
                                  
      derivative liabilities1
                       4,989,000 19,542,000 22,281,000 23,377,000 17,551,000       
      non-recourse debt - related parties, non-current1
                                  
      other long-term liabilities1
                       12,279,000 26,618,000 27,276,000 28,543,000 28,013,000 56,117,000 58,417,000 58,032,000    
      common stock
                       17,000 15,000 13,000         
      accumulated other comprehensive income
                       -9,000 -9,000 -9,000  19,000     272,000 217,000 
      total liabilities, redeemable noncontrolling interest, stockholders' equity (deficit) and noncontrolling interest
                       1,454,387,000           
      liabilities, redeemable noncontrolling interest, stockholders’ deficit and noncontrolling interest
                                  
      current portion of recourse debt
                        115,657,000 14,697,000 15,117,000 304,627,000 15,678,000 15,681,000 15,683,000 8,686,000   
      current portion of non-recourse debt1
                        14,000,000 11,367,000 8,670,000 8,273,000 7,983,000 7,654,000 19,486,000    
      current portion of recourse debt from related parties
                           20,801,000       
      current portion of non-recourse debt from related parties1
                          2,439,000 3,882,000 3,500,000 2,889,000 2,341,000    
      deferred revenue and customer deposits, net of current portion1
                        103,517,000 114,684,000 120,927,000 125,529,000 179,712,000 181,221,000 201,863,000    
      long-term portion of recourse debt
                        227,481,000 347,664,000 396,097,000 75,962,000 359,959,000 362,424,000 357,876,000 360,339,000   
      long-term portion of non-recourse debt1
                        213,209,000 218,316,000 190,295,000 192,180,000 217,334,000 219,182,000 284,541,000    
      long-term portion of non-recourse debt from related parties1
                          30,597,000 31,087,000 31,781,000 32,643,000 33,417,000    
      total stockholders’ deficit
                        -22,418,000 -316,951,000 -333,099,000 -259,594,000    -91,661,000 -84,975,000 -2,227,017,000 
      total liabilities, redeemable noncontrolling interest, stockholders' deficit and noncontrolling interest
                        1,474,359,000 1,277,543,000 1,312,608,000 1,322,591,000 1,169,927,000 1,222,579,000 1,318,850,000    
      long-term portion of recourse debt from related parties
                         53,675,000 52,786,000  27,734,000 27,734,000 27,734,000 27,734,000   
      preferred stock
                                  
      revenue:
                                  
      product
                          99,559,000 557,336,000 182,616,000 179,899,000 141,734,000 512,322,000  108,654,000 
      installation
                          16,618,000 60,826,000 19,010,000 17,285,000 22,258,000 91,416,000  26,245,000 
      service
                          25,147,000 95,786,000 23,597,000 23,659,000 23,290,000 82,385,000  19,975,000 
      electricity
                          15,375,000 71,229,000 8,248,000 12,939,000 13,425,000 55,915,000  14,007,000 
      total revenue
                          156,699,000 785,177,000 233,471,000 233,782,000 200,707,000 742,038,000  168,881,000 
      cost of revenue:
                                  
      total cost of revenue
                          136,768,000 687,590,000 180,006,000 192,109,000 184,952,000 624,968,000  136,110,000 
      gross profit
                          19,931,000 97,587,000 53,465,000 41,673,000 15,755,000 117,070,000  32,771,000 
      operating expenses:
                                  
      research and development
                          23,279,000 104,168,000 23,389,000 29,772,000 28,859,000 89,135,000  14,413,000 
      sales and marketing
                          13,949,000 73,573,000 18,125,000 18,359,000 20,463,000 62,975,000  8,254,000 
      general and administrative
                          29,098,000 152,650,000 36,599,000 43,662,000 39,074,000 118,817,000  15,359,000 
      total operating expenses
                          66,326,000 330,391,000 78,113,000 91,793,000 88,396,000 270,927,000  38,026,000 
      income from operations
                          -46,395,000 -232,804,000 -24,648,000   -153,857,000   
      interest income
                          819,000 5,661,000 1,214,000 1,700,000 1,885,000 4,322,000   
      interest expense
                          -20,754,000 -87,480,000 -15,280,000 -16,725,000 -15,962,000 -76,935,000  -26,167,000 
      interest expense to related parties
                          -1,366,000 -6,756,000 -1,605,000 -1,606,000 -1,612,000 -8,893,000   
      other income
                          -8,000 706,000 525,000 -222,000 265,000 -999,000  559,000 
      loss on extinguishment of debt
                          -14,098,000        
      gain on revaluation of embedded derivatives
                          284,000        
      income before income taxes
                          -81,518,000 -322,833,000       
      income tax provision
                          124,000 633,000  258,000 208,000 1,537,000  128,000 
      net income
                          -81,642,000 -323,466,000 -39,930,000 -67,231,000 -88,273,000 -259,489,000  -50,188,000 
      less: net income attributable to noncontrolling interests and redeemable noncontrolling interests
                          -5,693,000 -19,052,000       
      net income attributable to class a and class b common stockholders
                          -75,949,000 -304,414,000 -34,903,000 -62,216,000 -84,441,000 -241,753,000   
      net income per share
                          -610 -2,670 -300 -550 -760 -4,540  -4,340 
      weighted-average shares used for eps calculation
                          123,763,000 115,118,000 116,330,000 113,622,000 111,842,000 53,268,000  10,536,000 
      short-term investments
                               104,350,000 4,494,000 15,703,000 
      common stock: 0.0001 par value; class a shares, 600,000,000 shares authorized at both december 31, 2019 and 2018, and 84,549,511 shares and 20,868,286 shares issued and outstanding at december 31, 2019 and 2018, respectively; class b shares, 600,000,000 shares authorized at both december 31, 2019 and 2018, and 36,486,778 shares and 88,552,897 shares issued and outstanding at december 31, 2019 and 2018, respectively.
                           12,000       
      gain on revaluation of warrant liabilities and embedded derivatives
                           -2,160,000       
      less: deemed dividend to noncontrolling interest
                           -2,454,000       
      net income available to class a and class b common stockholders
                           -306,868,000       
      prepaid expense and other current assets1
                            25,639,000 25,088,000 28,362,000    
      liabilities, redeemable noncontrolling interest, stockholders’ deficit and noncontrolling interests
                                  
      accrued other current liabilities1
                            82,150,000 109,722,000 67,966,000    
      derivative liabilities, net of current portion1
                            14,648,000 13,079,000 11,166,000    
      stockholders’ deficit
                            -106,847,000 -115,785,000 -105,439,000    
      net income before income taxes
                            -39,794,000 -66,973,000 -88,065,000 -257,952,000  -50,060,000 
      income tax benefit
                            136,000      
      net income attributable to noncontrolling interests and redeemable noncontrolling interests
                            -5,027,000 -5,015,000 -3,832,000 -17,736,000  -4,512,000 
      gain from operations
                             -50,120,000 -72,641,000    
      loss on revaluation of warrant liabilities and embedded derivatives
                               -21,590,000  -19,197,000 
      assets1
                                  
      cash and cash equivalents
                               220,728,000 395,516,000 91,596,000 
      accounts receivable
                               84,887,000 41,485,000 36,804,000 
      customer financing receivable
                               5,594,000 5,496,000 5,398,000 
      prepaid expense and other current assets
                               33,742,000 32,876,000 23,003,000 
      property, plant and equipment
                               481,414,000 471,074,000 477,765,000 
      customer financing receivable, non-current
                               67,082,000 68,535,000 69,963,000 
      other long-term assets
                               34,792,000 37,008,000 38,386,000 
      liabilities1, redeemable noncontrolling interest, convertible redeemable preferred stock, stockholders’ deficit and noncontrolling interests
                                  
      accrued other current liabilities
                               69,535,000 66,873,000 54,832,000 
      deferred revenue and customer deposits
                               94,158,000 105,265,000 94,582,000 
      current portion of non-recourse debt
                               18,962,000   
      current portion of non-recourse debt from related parties
                               2,200,000   
      preferred stock warrant liabilities
                                 2,369,000 
      derivative liabilities
                               10,128,000 9,441,000 188,199,000 
      long-term portion of non-recourse debt
                               289,241,000   
      long-term portion of non-recourse debt from related parties
                               34,119,000   
      convertible redeemable preferred stock: 80,461,552 shares authorized at december 31, 2018 and december 31, 2017; no shares and 71,740,162 shares issued and outstanding at december 31, 2018 and december 31, 2017, respectively. aggregate liquidation preference of 1,441,757 at december 31, 2017.
                                  
      common stock: 0.0001 par value; common shares, no shares and 113,333,333 shares authorized at december 31, 2018 and december 31, 2017, respectively, and no shares and 10,353,269 shares issued and outstanding at december 31, 2018 and december 31, 2017, respectively.
                                  
      common stock: 0.0001 par value; class a shares, 400,000,000 shares and no shares authorized at december 31, 2018 and december 31, 2017, respectively, and 20,868,286 shares and no shares issued and outstanding at december 31, 2018 and december 31, 2017, respectively; class b shares, 400,000,000 shares and no shares authorized at december 31, 2018 and december 31, 2017, respectively, and 88,552,897 shares and no shares issued and outstanding at december 31, 2018 and december 31, 2017, respectively.
                               11,000   
      accumulated other comprehensive gain
                               131,000   
      total liabilities, redeemable noncontrolling interest, convertible redeemable preferred stock, stockholders' deficit and noncontrolling interest
                               1,389,668,000   
      current assets
                                  
      liabilities, convertible redeemable preferred stock and stockholders’ equity
                                  
      current liabilities
                                  
      current portion of debt
                                20,185,000 28,376,000 
      current portion of debt from related parties
                                1,737,000 1,630,000 
      preferred stock and warrant liabilities
                                  
      long-term portion of debt
                                651,956,000 822,982,000 
      long-term portion of debt from related parties
                                66,933,000 107,141,000 
      convertible redeemable preferred stock: 80,461,552 shares authorized at september 30, 2018 and december 31, 2017; no shares and 71,740,162 shares issued and outstanding at september 30, 2018 and december 31, 2017, respectively. aggregate liquidation preference of 1,441,757 at december 31, 2017.
                                  
      common stock: 0.0001 par value; common shares, no shares and 113,333,333 shares authorized at september 30, 2018 and december 31, 2017, respectively, and no shares and 10,353,269 shares issued and outstanding at september 30, 2018 and december 31, 2017, respectively.
                                  
      common stock: 0.0001 par value; class a shares, 400,000,000 shares and no shares authorized at september 30, 2018 and december 31, 2017, respectively, and 20,865,308 shares and no shares issued and outstanding at september 30, 2018 and december 31, 2017, respectively; class b shares, 400,000,000 shares and no shares authorized at september 30, 2018 and december 31, 2017, respectively, and 88,534,989 shares and no shares issued and outstanding at september 30, 2018 and december 31, 2017, respectively.
                                11,000  
      total equity
                                106,320,000  
      total liabilities, convertible redeemable preferred stock and equity
                                1,445,145,000  
      liabilities, convertible redeemable preferred stock and stockholders’ deficit
                                  
      convertible redeemable preferred stock: 80,461,609 shares authorized at june 30, 2018 and december 31, 2017; 71,740,162 shares issued and outstanding at june 30, 2018 and december 31, 2017. aggregate liquidation preference of 1,441,757,000 at june 30, 2018 and december 31, 2017.
                                 1,465,841,000 
      common stock: 0.0001 par value; 113,333,333 shares authorized at june 30, 2018 and december 31, 2017; 10,570,841 and 10,353,269 shares issued and outstanding at june 30, 2018 and december 31, 2017.
                                 1,000 
      total deficit
                                 -2,030,644,000 
      total liabilities, convertible redeemable preferred stock and deficit
                                 1,157,737,000 
      revenue
                                  
      cost of revenue
                                  
      operating expenses
                                  
      profit from operations
                                 -5,255,000 
      net income attributable to common shareholders
                                 -45,677,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.