10-Q Filing

REVOLUTION MEDICINES, INC. CIK: 1628171 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-016059`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	rvmd-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 62 Cash Flow Statement 70 Stockholders Equity 38 Comprehensive Income 16

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.60M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.78M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.50M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$355.65M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$468.56M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$5.62M	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$5.93M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.99M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	74.46M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	74.14M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$483.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$589.77M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	74.46M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	74.14M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$15.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.54M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$57.43M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$59.69M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$59.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$59.88M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.74M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.74M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$758.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$725.00K	USD	Point-in-time
Total assets	`Assets`	$737.99M	USD	Point-in-time
Total assets	`Assets`	$632.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.07M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$33.76M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$27.72M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$6.03M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$6.21M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$12.36M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$9.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$63.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.35M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$6.57M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$3.84M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.44M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.44M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$58.92M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$60.42M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$219.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$634.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$133.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$135.42M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; zero shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 74,462,077 and 74,142,619 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$8.00K	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2022 and December 31, 2021, respectively; 74,462,077 and 74,142,619 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$8.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.06B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-376.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-452.64M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-571.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$685.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$602.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$498.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$550.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$722.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$474.68M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$737.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$632.80M	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.69M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$18.83M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$117.49M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$45.94M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$86.79M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.97M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.24M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$100.76M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$136.73M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$71.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$53.23M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-81.93M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-120.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-62.09M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-44.53M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$867.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$469.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$236.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$12.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$236.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.17M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$867.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$457.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-118.87M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.22M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-81.47M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.30M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-0.60	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-0.82	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-1.13	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-1.60	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-0.60	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-1.60	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-0.82	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-1.13	USD	2 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	73.40M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	71.92M	shares	2 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.28M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.22M	shares	2 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.28M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.92M	shares	2 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.40M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.22M	shares	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-81.47M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-118.87M	USD	2 Qtrs
Loss on disposal of fixed asset	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Loss on disposal of fixed asset	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$535.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$534.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.70M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.74M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.47M	USD	2 Qtrs
Net amortization of premium on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.23M	USD	2 Qtrs
Net amortization of premium on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-675.00K	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.51M	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.26M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$134.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-305.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.20M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.13M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-523.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.44M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$3.24M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.76M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.63M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.41M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-172.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.68M	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$43.00K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-360.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$56.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-110.88M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-71.33M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$239.47M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$392.27M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$276.69M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$350.31M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.89M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.42M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$106.43M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.47M	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$281.14M	USD	2 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$495.00K	USD	2 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$812.00K	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.24M	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.18M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$283.13M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.73M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.72M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$91.33M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$196.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$196.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$107.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.50M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.08M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.74M	USD	Point-in-time
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$80.00K	USD	2 Qtrs
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$55.00K	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.93M	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$238.00K	USD	2 Qtrs
Unpaid deferred offering costs	`UnpaidDeferredOfferingCosts`	$17.00K	USD	2 Qtrs
Unpaid deferred offering costs	`UnpaidDeferredOfferingCosts`	-	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$685.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.84M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$550.99M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$722.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$474.68M	USD	Point-in-time
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$257.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$305.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$555.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$190.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.24M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.18M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$31.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$46.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$34.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$24.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.31M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.10M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.39M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.64M	USD	1 Quarter
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	2 Qtrs
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Net unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$685.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$498.84M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$550.99M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$722.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$474.68M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	2 Qtrs
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Unrealized loss on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.39M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-61.70M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.35M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-120.26M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-81.58M	USD	2 Qtrs

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