10-Q Filing

Strategy Inc CIK: 1050446 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-036448`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	mstr-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 80 Cash Flow Statement 86 Stockholders Equity 54 Comprehensive Income 24

Balance Sheet 77 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`	$65.97M	USD	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.08M	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$189.28M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$121.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$209.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$264.57M	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.84B	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$2.32B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.51M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.26M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.30M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$22.42M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$23.92M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$719.03M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$188.15M	USD	Point-in-time
Total assets	`Assets`	$2.41B	USD	Point-in-time
Total assets	`Assets`	$3.36B	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$33.66M	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$42.98M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$53.72M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$41.49M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.83M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.49M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$468.00K	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$454.00K	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$217.43M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$195.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$317.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$272.93M	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`	$11.24M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$67.34M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.81M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.83M	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`	$2.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.79B	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`	$2.56B	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`	$-13.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-944.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.43B	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$863.00M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$819.12M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$978.96M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$443.21M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$3.36B	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.41B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$242.31M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$122.07M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$241.35M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$120.40M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$25.20M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$27.12M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$55.06M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$50.88M	USD	2 Qtrs
Gross profit	`GrossProfit`	$190.47M	USD	2 Qtrs
Gross profit	`GrossProfit`	$93.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$96.87M	USD	1 Quarter
Gross profit	`GrossProfit`	$187.25M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$36.86M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$73.77M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$70.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$37.66M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.35M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$60.71M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$65.31M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$31.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$55.21M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$56.74M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.83M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$917.84M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$1.09B	USD	2 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$24.14M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$43.05M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$119.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.01B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$234.27M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.28B	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-918.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-47.02M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-26.71M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.09B	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-11.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-24.23M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-13.19M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-26.02M	USD	2 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	2 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-250.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$7.34M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.69M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$5.12M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-38.05M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-926.19M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.05M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10B	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-513.48M	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$88.08M	USD	2 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$136.11M	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-60.30M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.19B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$483.44M	USD	2 Qtrs
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$-105.64	USD	2 Qtrs
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$41.18	USD	2 Qtrs
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$1.68	USD	1 Quarter
Basic earnings (loss) per share (1)	`EarningsPerShareBasic`	$-94.01	USD	1 Quarter
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.30M	shares	1 Quarter
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	13.25M	shares	1 Quarter
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.74M	shares	2 Qtrs
Weighted average shares outstanding used in computing basic earnings (loss) per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.29M	shares	2 Qtrs
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$33.56	USD	2 Qtrs
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$1.52	USD	1 Quarter
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$-105.64	USD	2 Qtrs
Diluted earnings (loss) per share (1)	`EarningsPerShareDiluted`	$-94.01	USD	1 Quarter
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.29M	shares	2 Qtrs
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.53M	shares	2 Qtrs
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.09M	shares	1 Quarter
Weighted average shares outstanding used in computing diluted earnings (loss) per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.30M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$483.44M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.19B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.66M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.77M	USD	2 Qtrs
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.99M	USD	2 Qtrs
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.32M	USD	2 Qtrs
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$606.00K	USD	2 Qtrs
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$438.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-530.63M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$76.11M	USD	2 Qtrs
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	-	USD	2 Qtrs
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	$102.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$29.69M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$33.05M	USD	2 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$917.84M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$1.09B	USD	2 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$24.14M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$43.05M	USD	2 Qtrs
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$4.30M	USD	2 Qtrs
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$4.40M	USD	2 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	2 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.28M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-17.74M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.86M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.08M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$6.58M	USD	2 Qtrs
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$-1.19M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.40M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.22M	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.80M	USD	2 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-15.56M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$776.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-1.34M	USD	2 Qtrs
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$26.95M	USD	2 Qtrs
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$36.95M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.23M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-4.83M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$32.00K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-228.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.86M	USD	2 Qtrs
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$225.50M	USD	2 Qtrs
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$526.28M	USD	2 Qtrs
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$10.00M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$347.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.14M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.52M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-527.42M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-227.02M	USD	2 Qtrs
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	$204.69M	USD	2 Qtrs
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	-	USD	2 Qtrs
Issuance costs paid for secured term loan, excluding lender fees	`PaymentsOfDebtIssuanceCostsForSecuredTermLoanExcludingLenderFees`	-	USD	2 Qtrs
Issuance costs paid for secured term loan, excluding lender fees	`PaymentsOfDebtIssuanceCostsForSecuredTermLoanExcludingLenderFees`	$107.00K	USD	2 Qtrs
Repayments of secured term loan and third-party extinguishment costs	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Repayments of secured term loan and third-party extinguishment costs	`RepaymentsOfSecuredDebt`	$160.03M	USD	2 Qtrs
Proceeds from other long-term secured debt	`ProceedsFromOtherLongTermSecuredDebt`	-	USD	2 Qtrs
Proceeds from other long-term secured debt	`ProceedsFromOtherLongTermSecuredDebt`	$11.10M	USD	2 Qtrs
Issuance costs paid for other long-term secured debt	`PaymentsOfDebtIssuanceCostsForOtherLongTermSecuredDebt`	-	USD	2 Qtrs
Issuance costs paid for other long-term secured debt	`PaymentsOfDebtIssuanceCostsForOtherLongTermSecuredDebt`	$174.00K	USD	2 Qtrs
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	-	USD	2 Qtrs
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	$254.00K	USD	2 Qtrs
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	$676.07M	USD	2 Qtrs
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	$3.63M	USD	2 Qtrs
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$711.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$12.10M	USD	2 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$541.00K	USD	2 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$726.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$525.91M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$218.49M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-235.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.22M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.18M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.11M	USD	2 Qtrs
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`	$75.54M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning 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`	$75.54M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$68.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.43M	USD	Point-in-time

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$819.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.19B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$483.44M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-87.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$651.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.11M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.12M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	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 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`	$5.35M	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 under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.81M	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`	$-242.00K	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`	$-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 upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-642.00K	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$46.22M	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`	$333.49M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.14M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.97M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.21M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.82M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.73M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$819.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.19B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$483.44M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-6.12M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.11M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$651.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-87.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-87.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$651.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.11M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.12M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.07B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$484.09M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$22.16M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.20B	USD	2 Qtrs

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