Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.21.2
Condensed Consolidated Statements of Cash Flows - Bird Rides [Member] - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss $ (156,754) $ (164,094)
Adjustments to reconcile net loss to net cash used in operating activities:    
Issuance of and mark-to-market adjustments of derivative liabilities 53,622  
Depreciation and amortization 37,085 25,116
Non cash vehicle expenses 4,087 7,337
Share-based compensation 4,296 4,754
Loss on extinguishment of debt 2,304  
Loss on disposal of property and equipment 156 93
Debt discount accretion 1,321 1,882
Bad debt expense 1,430 951
Other 77 (28)
Changes in assets and liabilities, net of impact of business acquisitions and disposals:    
Accounts receivable 886 (436)
Inventory (8,613) (432)
Prepaid expenses and other current assets (9,395) 13,465
Other assets (12) (49)
Accounts payable (2,331) (6,564)
Deferred revenue 2,793 5,647
Accrued expenses and other current liabilities 5,153 4,966
Other liabilities (2,458) (991)
Net cash used in operating activities (66,353) (108,383)
Cash flows from investing activities    
Purchases of property and equipment (60) (500)
Purchases of vehicles (115,410) (15,730)
Net cash acquired in acquisitions   68,664
Net cash (used in) provided by investing activities (115,470) 52,434
Cash flows from financing activities    
Proceeds from issuance of debt, net of issuance costs 17,552  
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs   51,711
Proceeds from issuance of common stock 462 696
Payment for settlement of warrants (600) (2,002)
Payment for settlement of debt (40,610) (18,752)
Net cash provided by financing activities 184,618 31,653
Effect of exchange rate changes on cash 6,273 (814)
Net increase (decrease) in cash, cash equivalents, and restricted cash 9,068 (25,110)
Beginning of period 53,767 119,340
End of period 62,835 94,230
Components of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 38,667 86,754
Restricted cash 24,168 7,476
Total cash, cash equivalents, and restricted cash 62,835 94,230
Non-cash activities:    
Fair Value of net assets acquired in noncash acquisition   $ 190,000
Redeemable Convertible Senior Preferred Stock [Member]    
Cash flows from financing activities    
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs $ 207,814