General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows

v3.21.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities        
Net loss     $ (208,230) $ (387,482)
Bird Rides [Member]        
Cash flows from operating activities        
Net loss $ (156,754) $ (164,094) (208,230) (387,482)
Adjustments to reconcile net loss to net cash used in operating activities:        
Issuance of and mark-to-market adjustments of derivative liabilities 53,622 0    
Depreciation and amortization 37,085 25,116 32,495 116,953
Non cash vehicle expenses 4,087 7,337 11,998 18,082
Share-based compensation 4,296 4,754 6,174 30,738
Loss on extinguishment of debt 2,304 0 0 1,514
Loss on disposal of property and equipment 156 93 3,407 0
Debt discount accretion 1,321 1,882 2,635 1,296
Bad debt expense 1,430 951    
Other 77 (28) (300) (614)
Changes in assets and liabilities, net of impact of business acquisitions and disposals:        
Accounts receivable 886 (436) (199) (2,418)
Inventory (8,613) (432) (901) (4,361)
Prepaid expenses and other current assets (9,395) 13,465 7,095 (6,580)
Other assets (12) (49) (162) 145
Accounts payable (2,331) (6,564) (15,096) (15,514)
Deferred revenue 2,793 5,647 6,203 30,341
Accrued expenses and other current liabilities 5,153 4,966 6,454 2,994
Other liabilities (2,458) (991) (1,724) 5,529
Net cash used in operating activities (66,353) (108,383) (150,151) (209,377)
Cash flows from investing activities        
Purchases of property and equipment (60) (500) (500) (7,179)
Purchases of vehicles (115,410) (15,730) (11,862) (101,381)
Net cash acquired in acquisitions 0 68,664 68,664 (171)
Net cash (used in) provided by investing activities (115,470) 52,434 56,302 (108,731)
Cash flows from financing activities        
Proceeds from issuance of debt, net of issuance costs 17,552 0 0 69,787
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 51,711 51,711 271,943
Proceeds from issuance of common stock 462 696 933 1,219
Payment for settlement of warrants (600) (2,002) (2,002) (3,000)
Payment for settlement of debt (40,610) (18,752) (18,776) (21,337)
Net cash provided by financing activities 184,618 31,653 31,866 318,612
Effect of exchange rate changes on cash 6,273 (814) (3,590) (1,049)
Net increase (decrease) in cash, cash equivalents, and restricted cash 9,068 (25,110) (65,573) (545)
Beginning of period 53,767 119,340 119,340 119,885
End of period 62,835 94,230 53,767 119,340
Non-cash activities:        
Fair Value of net assets acquired in noncash acquisition 0 190,000 190,000  
Conversion of convertible debt to Series D-1 redeemable convertible preferred stock in connection with Scoot acquisition       8,271
Supplemental disclosures of cash flow information        
Interest paid     4,278 3,271
Income taxes paid     214 916
Cash and Cash Equivalents [Member] | Bird Rides [Member]        
Cash flows from financing activities        
Beginning of period 43,158 109,160 109,160  
End of period 38,667 86,754 43,158 109,160
Restricted Cash [Member] | Bird Rides [Member]        
Cash flows from financing activities        
Beginning of period 10,609 10,180 10,180  
End of period 24,168 7,476 $ 10,609 $ 10,180
Redeemable Convertible Senior Preferred Stock [Member] | Bird Rides [Member]        
Cash flows from financing activities        
Proceeds from issuance of redeemable convertible senior preferred stock and derivatives, net of issuance costs $ 207,814 $ 0