10-Q Filing

REVOLUTION MEDICINES, INC. CIK: 1628171 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-039805`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	rvmd-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 58 Cash Flow Statement 75 Stockholders Equity 36 Comprehensive Income 16

Balance Sheet 79 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$380.33M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$529.16M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$483.53M	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	`AccountsReceivableGrossCurrent`	$2.51M	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$4.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.57M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	109.14M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	90.41M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$922.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$660.18M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	90.41M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	109.14M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.66M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$55.08M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$53.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.81M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$2.59M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.74M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.69M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.86M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$811.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$42.56M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$29.45M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$5.72M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$6.77M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	-	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$4.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.06M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.03M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.03M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$57.43M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$57.54M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$301.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$252.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$142.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$126.74M	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, 2023 and December 31, 2022, respectively; zero shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; zero shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; 109,141,094 and 90,411,912 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively; 109,141,094 and 90,411,912 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.39B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.80B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-701.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-867.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$952.22M	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`	$685.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$930.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$602.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$811.93M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.82M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.84M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.12M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.69M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$97.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$117.49M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$166.93M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.24M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$112.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$71.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$136.73M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$194.79M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-183.95M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-108.80M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-120.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-62.09M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.50M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$867.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.56M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$17.56M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$867.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.17M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$10.50M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-98.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.22M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-118.87M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-166.40M	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-166.40M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-61.22M	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`	$-0.92	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-1.65	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`	$-1.65	USD	2 Qtrs
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`	$-0.92	USD	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, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.28M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	100.89M	shares	2 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	106.88M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	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`	106.88M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.89M	shares	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-118.87M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-166.40M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	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
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$534.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.68M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$14.74M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.43M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.83M	USD	2 Qtrs
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-675.00K	USD	2 Qtrs
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$8.43M	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.26M	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.34M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-305.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.16M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-476.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.20M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.44M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.58M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.76M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$13.38M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.41M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.46M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.68M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-949.00K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$43.00K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-178.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-360.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-49.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-110.88M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-129.51M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$239.47M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$369.27M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$350.31M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$332.60M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.88M	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`	$-39.55M	USD	2 Qtrs
Proceeds from issuance of common stock upon follow-on offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$323.71M	USD	2 Qtrs
Proceeds from issuance of common stock upon follow-on offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock upon at-the-market offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	-	USD	2 Qtrs
Proceeds from issuance of common stock upon at-the-market offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	$62.05M	USD	2 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$967.00K	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 related to employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.24M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$2.11M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.73M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$388.83M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$219.78M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.72M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$382.92M	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 - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$382.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end 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 and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$380.33M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.74M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$382.92M	USD	Point-in-time
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$55.00K	USD	2 Qtrs
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	-	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.03M	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.93M	USD	2 Qtrs
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$14.00K	USD	2 Qtrs
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$17.00K	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$952.22M	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`	$685.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$930.84M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$468.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$499.00K	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`	$190.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.11M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.24M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$31.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$24.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.10M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.98M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.64M	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.22M	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$529.00K	USD	2 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.39M	USD	2 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-695.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-166.40M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$952.22M	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`	$685.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$930.84M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$602.57M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-118.87M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-166.40M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.22M	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$529.00K	USD	2 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.39M	USD	2 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-695.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-98.99M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-61.70M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-165.87M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-120.26M	USD	2 Qtrs

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