10-Q Filing

Strategy Inc CIK: 1050446 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-016229`
Period End Date	20230331
Filing Date	20230501
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	mstr-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 41 Cash Flow Statement 74 Stockholders Equity 42 Comprehensive Income 14

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.15M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.03M	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$139.18M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$189.28M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$264.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$259.68M	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.84B	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$2.00B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.31M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$31.34M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.66M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.30M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$23.82M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$23.92M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$651.52M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$188.15M	USD	Point-in-time
Total assets	`Assets`	$3.03B	USD	Point-in-time
Total assets	`Assets`	$2.41B	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$42.98M	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$50.60M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$53.72M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$39.20M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$10.37M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.83M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$454.00K	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$460.00K	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$211.77M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$217.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$312.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$317.40M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.38B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.18B	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$12.76M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$11.65M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$65.36M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$67.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.68M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.12M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$198.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$198.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.21B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.84B	USD	Point-in-time
Treasury stock, at cost; 8,684 shares and 8,684 shares, respectively	`TreasuryStockValue`	$782.10M	USD	Point-in-time
Treasury stock, at cost; 8,684 shares and 8,684 shares, respectively	`TreasuryStockValue`	$782.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-967.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.43B	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$863.00M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$443.21M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$978.96M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$3.03B	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.41B	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$119.28M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$121.92M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$27.94M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$25.68M	USD	1 Quarter
Gross profit	`GrossProfit`	$93.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$93.60M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$36.11M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$33.24M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$33.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$31.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.91M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.71M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.91M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$170.09M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$114.28M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$263.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-20.31M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-169.96M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-11.04M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-14.93M	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.23M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.44M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.01M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-178.77M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-453.19M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-48.02M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$-11.58	USD	1 Quarter
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$38.97	USD	1 Quarter
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.83M	shares	1 Quarter
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.29M	shares	1 Quarter
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$31.79	USD	1 Quarter
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$-11.58	USD	1 Quarter
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.29M	shares	1 Quarter
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.57M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-130.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.69M	USD	1 Quarter
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.99M	USD	1 Quarter
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.12M	USD	1 Quarter
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$272.00K	USD	1 Quarter
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$21.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-57.45M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-460.06M	USD	1 Quarter
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	-	USD	1 Quarter
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	$102.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$17.55M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$14.39M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$18.91M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$170.09M	USD	1 Quarter
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$2.21M	USD	1 Quarter
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$2.13M	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.24M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.84M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-423.00K	USD	1 Quarter
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$5.80M	USD	1 Quarter
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$6.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.04M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.23M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.73M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-16.33M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.05M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$7.54M	USD	1 Quarter
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$48.90M	USD	1 Quarter
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$33.35M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.38M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.59M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-25.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-57.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.68M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.40M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$215.50M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$179.28M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$499.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$641.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-216.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-179.77M	USD	1 Quarter
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	-	USD	1 Quarter
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	$204.69M	USD	1 Quarter
Repayments of secured term loan	`RepaymentsOfSecuredDebt`	$159.90M	USD	1 Quarter
Repayments of secured term loan	`RepaymentsOfSecuredDebt`	-	USD	1 Quarter
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	-	USD	1 Quarter
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	$128.00K	USD	1 Quarter
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	$341.06M	USD	1 Quarter
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	$2.04M	USD	1 Quarter
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$288.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.75M	USD	1 Quarter
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$497.00K	USD	1 Quarter
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$495.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$207.29M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$187.62M	USD	1 Quarter
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$351.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-324.00K	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.51M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$45.60M	USD	1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.94M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.46M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$50.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.94M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$96.46M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.11M	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$288.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$61.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$621.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$423.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.75M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.81M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.38M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.67M	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-1.02M	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-49.00K	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-642.00K	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-514.00K	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-501.00K	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$338.96M	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$46.22M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.21M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.97M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.82M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$738.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.11M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$461.93M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-132.76M	USD	1 Quarter

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