10-Q Filing

FIGS, INC. CIK: 1846576 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000950170-21-001366`
Period End Date	20210630
Filing Date	20210812
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	figs-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 74 Cash Flow Statement 66 Stockholders Equity 30

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	0.00	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	207.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.97M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	154.65M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.13M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.93M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	154.65M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.78M	USD	Point-in-time
Preferred Stock Per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock Per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	-	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$4.88M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventory, net	`InventoryNet`	$49.73M	USD	Point-in-time
Inventory, net	`InventoryNet`	$62.37M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.67M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.34M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$243.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$120.31M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.91M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$6.51M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$3.35M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$506.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$502.00K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$10.76M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$13.54M	USD	Point-in-time
Total assets	`Assets`	$133.85M	USD	Point-in-time
Total assets	`Assets`	$254.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$15.31M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.68M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrent`	$4.14M	USD	Point-in-time
Accrued compensation and benefits	`AccruedEmployeeBenefitsCurrent`	$4.21M	USD	Point-in-time
Sales tax payable	`SalesAndExciseTaxPayableCurrent`	$3.08M	USD	Point-in-time
Sales tax payable	`SalesAndExciseTaxPayableCurrent`	$3.91M	USD	Point-in-time
Gift card liability	`GiftCardLiability`	$3.02M	USD	Point-in-time
Gift card liability	`GiftCardLiability`	$3.37M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$679.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.78M	USD	Point-in-time
Returns reserve	`ReturnsReserve`	$1.68M	USD	Point-in-time
Returns reserve	`ReturnsReserve`	$2.13M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$105.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$910.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.52M	USD	Point-in-time
Deferred rent and lease incentive	`DeferredRentCreditNoncurrent`	$3.61M	USD	Point-in-time
Deferred rent and lease incentive	`DeferredRentCreditNoncurrent`	$3.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$36.18M	USD	Point-in-time
Total liabilities	`Liabilities`	$50.54M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$15.00K	USD	Point-in-time
Preferred stock - par value $0.0001 per share, 100,000,000 and zero shares authorized as of June 30, 2021 and December 31, 2020, respectively; zero shares issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - par value $0.0001 per share, 100,000,000 and zero shares authorized as of June 30, 2021 and December 31, 2020, respectively; zero shares issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$205.32M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$70.17M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$27.49M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$114.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$38.81M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$203.72M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$43.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$97.68M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$57.41M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$254.25M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$133.85M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`Revenues`	$188.20M	USD	2 Qtrs
Net revenues	`Revenues`	$64.14M	USD	1 Quarter
Net revenues	`Revenues`	$101.12M	USD	1 Quarter
Net revenues	`Revenues`	$96.11M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$51.68M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$26.58M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$18.92M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$26.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$136.51M	USD	2 Qtrs
Gross profit	`GrossProfit`	$45.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$69.53M	USD	2 Qtrs
Selling	`SellingExpense`	$19.64M	USD	2 Qtrs
Selling	`SellingExpense`	$19.22M	USD	1 Quarter
Selling	`SellingExpense`	$36.34M	USD	2 Qtrs
Selling	`SellingExpense`	$12.90M	USD	1 Quarter
Marketing	`MarketingExpense`	$8.80M	USD	1 Quarter
Marketing	`MarketingExpense`	$15.49M	USD	1 Quarter
Marketing	`MarketingExpense`	$26.33M	USD	2 Qtrs
Marketing	`MarketingExpense`	$16.14M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$71.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$89.85M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.15M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$106.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$152.51M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$48.94M	USD	2 Qtrs
Net income (loss) from operations	`OperatingIncomeLoss`	$-32.06M	USD	1 Quarter
Net income (loss) from operations	`OperatingIncomeLoss`	$16.56M	USD	1 Quarter
Net income (loss) from operations	`OperatingIncomeLoss`	$-16.00M	USD	2 Qtrs
Net income (loss) from operations	`OperatingIncomeLoss`	$20.60M	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$19.00K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$117.00K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-31.00K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-67.00K	USD	2 Qtrs
Other expense	`OtherExpenses`	$1.00K	USD	2 Qtrs
Other expense	`OtherExpenses`	$1.00K	USD	1 Quarter
Other expense	`OtherExpenses`	-	USD	1 Quarter
Other expense	`OtherExpenses`	$2.00K	USD	2 Qtrs
Total other income (loss), net	`OtherIncomeLossNet`	$-31.00K	USD	1 Quarter
Total other income (loss), net	`OtherIncomeLossNet`	$116.00K	USD	2 Qtrs
Total other income (loss), net	`OtherIncomeLossNet`	$-69.00K	USD	2 Qtrs
Total other income (loss), net	`OtherIncomeLossNet`	$18.00K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.71M	USD	2 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-32.09M	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.58M	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-16.07M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.40M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.04M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.45M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$-29.11M	USD	2 Qtrs
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$11.44M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$-40.55M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$18.31M	USD	2 Qtrs
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$4.13M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`NetIncomeLoss`	$14.18M	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.19	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.12	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.12	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.19	USD	2 Qtrs
Weighted-average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	155.73M	shares	2 Qtrs
Weighted-average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.05M	shares	1 Quarter
Weighted-average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.05M	shares	2 Qtrs
Weighted-average shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	156.87M	shares	1 Quarter
Weighted-average shares diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.68M	shares	1 Quarter
Weighted-average shares diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	156.87M	shares	1 Quarter
Weighted-average shares diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	153.66M	shares	2 Qtrs
Weighted-average shares diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	155.73M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$18.31M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-29.11M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$398.00K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$666.00K	USD	2 Qtrs
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-688.00K	USD	2 Qtrs
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.15M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$61.03M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$286.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$505.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.85M	USD	2 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	-	USD	2 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$4.88M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.61M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$12.64M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.31M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.67M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$6.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-61.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.58M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-402.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.55M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$5.91M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.10M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.60M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInAccruedLiabilities`	$-70.00K	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInAccruedLiabilities`	$-237.00K	USD	2 Qtrs
Returns reserve	`IncreaseDecreaseInReturnsReserve`	$804.00K	USD	2 Qtrs
Returns reserve	`IncreaseDecreaseInReturnsReserve`	$451.00K	USD	2 Qtrs
Sales tax payable	`IncreaseDecreaseInSalesTaxPayable`	$638.00K	USD	2 Qtrs
Sales tax payable	`IncreaseDecreaseInSalesTaxPayable`	$836.00K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.09M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-805.00K	USD	2 Qtrs
Gift card liability	`IncreaseDecreaseInGiftsCardsLiability`	$498.00K	USD	2 Qtrs
Gift card liability	`IncreaseDecreaseInGiftsCardsLiability`	$350.00K	USD	2 Qtrs
Deferred rent and lease incentive	`IncreaseDecreaseInDeferredRentAndLeaseIncentive`	$-49.00K	USD	2 Qtrs
Deferred rent and lease incentive	`IncreaseDecreaseInDeferredRentAndLeaseIncentive`	$473.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.74M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.31M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$1.02M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$1.08M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.08M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.02M	USD	2 Qtrs
Proceeds from issuance of Class A Common Stock in initial public offering, net of underwriting discounts	`ProceedsFromIssuanceOfCommonStockForPublicOfferingNetOfUnderwritingDiscounts`	-	USD	2 Qtrs
Proceeds from issuance of Class A Common Stock in initial public offering, net of underwriting discounts	`ProceedsFromIssuanceOfCommonStockForPublicOfferingNetOfUnderwritingDiscounts`	$95.88M	USD	2 Qtrs
Payments of initial public offering issuance costs, net of reimbursements	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Payments of initial public offering issuance costs, net of reimbursements	`ProceedsFromIssuanceInitialPublicOffering`	$-780.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$572.00K	USD	2 Qtrs
Tax payments related to net share settlements on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Tax payments related to net share settlements on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.56M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$74.12M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.23M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$105.83M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.97M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.35M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.97M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.35M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.58M	USD	Point-in-time
Property and equipment included in accounts payable and accrued expenses	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$247.00K	USD	2 Qtrs
Property and equipment included in accounts payable and accrued expenses	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	2 Qtrs
Deferred offering costs recorded in stockholders' equity upon initial public offering	`DeferredOfferingCostsInStockholdersEquityUponInitialPublicOffering`	-	USD	2 Qtrs
Deferred offering costs recorded in stockholders' equity upon initial public offering	`DeferredOfferingCostsInStockholdersEquityUponInitialPublicOffering`	$780.00K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$114.25M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$38.81M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$203.72M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$43.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$97.68M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$57.41M	USD	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	154.65M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$236.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$50.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.01M	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$123.00K	USD	1 Quarter
Stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$449.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-29.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$11.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-40.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$18.31M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.13M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$14.18M	USD	1 Quarter
Issuance of Class A Common Stock upon initial public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$95.10M	USD	1 Quarter
Restricted Stock Surrendered For Employees Tax Liability	`RestrictedStockSurrenderedForEmployeesTaxLiability`	$-21.56M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$114.25M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$38.81M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$203.72M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$43.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$97.68M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$57.41M	USD	Point-in-time
Ending balance, Shares	`CommonStockSharesIssued`	154.65M	shares	Point-in-time
Ending balance, Shares	`CommonStockSharesIssued`	0.00	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.