10-Q Filing

Strategy Inc CIK: 1050446 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-057418`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mstr-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 81 Cash Flow Statement 86 Stockholders Equity 63 Comprehensive Income 26

Balance Sheet 78 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`	$45.01M	USD	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 outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.86M	USD	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`	$128.65M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.04M	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`	$199.56M	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.84B	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$2.45B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	8.68M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.31M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.19M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	8.68M	shares	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.30M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$54.54M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$23.92M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$24.16M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$188.15M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$614.11M	USD	Point-in-time
Total assets	`Assets`	$2.41B	USD	Point-in-time
Total assets	`Assets`	$3.37B	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$34.31M	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`	$43.41M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$53.72M	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`	$475.00K	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$179.17M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$217.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$317.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$267.72M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.18B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.38B	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$12.76M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$7.64M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$67.34M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$59.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.23M	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`	$2.53B	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`	$2.73B	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`	$-15.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.09B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.43B	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$819.12M	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 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`	$840.39M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$443.21M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$3.37B	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.41B	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$125.36M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$366.71M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$371.78M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$129.46M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$76.27M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$81.72M	USD	3 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$25.39M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$26.66M	USD	1 Quarter
Gross profit	`GrossProfit`	$99.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$290.05M	USD	3 Qtrs
Gross profit	`GrossProfit`	$290.44M	USD	3 Qtrs
Gross profit	`GrossProfit`	$102.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$105.51M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$35.41M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.61M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$109.37M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$30.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.66M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$95.81M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$90.37M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$82.49M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$85.96M	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$76.61M	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$1.09B	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$727.00K	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$33.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.37B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$128.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$362.32M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$93.92M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-25.25M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-72.26M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-1.08B	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$6.06M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-37.03M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-14.07M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-38.30M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-11.01M	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.42M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.90M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$726.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$12.24M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.11B	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-63.88M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.83M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.12M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-403.88M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$23.96M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$112.05M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$109.61M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-143.44M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$340.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.22B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Basic (loss) earnings per share (1)	`EarningsPerShareBasic`	$-107.99	USD	3 Qtrs
Basic (loss) earnings per share (1)	`EarningsPerShareBasic`	$29.15	USD	3 Qtrs
Basic (loss) earnings per share (1)	`EarningsPerShareBasic`	$-2.39	USD	1 Quarter
Basic (loss) earnings per share (1)	`EarningsPerShareBasic`	$-10.09	USD	1 Quarter
Weighted average shares outstanding used in computing basic (loss) earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.31M	shares	1 Quarter
Weighted average shares outstanding used in computing basic (loss) earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.30M	shares	3 Qtrs
Weighted average shares outstanding used in computing basic (loss) earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.66M	shares	3 Qtrs
Weighted average shares outstanding used in computing basic (loss) earnings per share	`WeightedAverageNumberOfSharesOutstandingBasic`	14.22M	shares	1 Quarter
Diluted (loss) earnings per share (1)	`EarningsPerShareDiluted`	$-107.99	USD	3 Qtrs
Diluted (loss) earnings per share (1)	`EarningsPerShareDiluted`	$23.87	USD	3 Qtrs
Diluted (loss) earnings per share (1)	`EarningsPerShareDiluted`	$-2.39	USD	1 Quarter
Diluted (loss) earnings per share (1)	`EarningsPerShareDiluted`	$-10.09	USD	1 Quarter
Weighted average shares outstanding used in computing diluted (loss) earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.30M	shares	3 Qtrs
Weighted average shares outstanding used in computing diluted (loss) earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.22M	shares	1 Quarter
Weighted average shares outstanding used in computing diluted (loss) earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.51M	shares	3 Qtrs
Weighted average shares outstanding used in computing diluted (loss) earnings per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.31M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-1.22B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$340.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.92M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.40M	USD	3 Qtrs
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.02M	USD	3 Qtrs
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.44M	USD	3 Qtrs
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$1.19M	USD	3 Qtrs
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$752.00K	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-425.99M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$90.17M	USD	3 Qtrs
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	$162.00K	USD	3 Qtrs
Release of liabilities for unrecognized tax benefits	`ReleaseOfLiabilityForUnrecognizedTaxBenefits`	-	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$49.85M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$46.59M	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$76.61M	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$1.09B	USD	3 Qtrs
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$727.00K	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$33.56M	USD	1 Quarter
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$6.60M	USD	3 Qtrs
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$6.49M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$44.69M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.59M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.63M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.84M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$99.00K	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$321.00K	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$8.31M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.88M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.01M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-15.19M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-13.11M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$7.54M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.90M	USD	3 Qtrs
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$9.90M	USD	3 Qtrs
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$25.40M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.39M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.95M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$203.00K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$150.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.41M	USD	3 Qtrs
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$687.96M	USD	3 Qtrs
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$161.68M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$5.98M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$231.48M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.85M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.59M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-233.33M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-690.55M	USD	3 Qtrs
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	-	USD	3 Qtrs
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredTermLoanNetOfLenderFees`	$204.69M	USD	3 Qtrs
Issuance costs paid for secured term loan, excluding lender fees	`PaymentsOfDebtIssuanceCostsForSecuredTermLoanExcludingLenderFees`	-	USD	3 Qtrs
Issuance costs paid for secured term loan, excluding lender fees	`PaymentsOfDebtIssuanceCostsForSecuredTermLoanExcludingLenderFees`	$107.00K	USD	3 Qtrs
Repayments of secured term loan and third-party extinguishment costs	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Repayments of secured term loan and third-party extinguishment costs	`RepaymentsOfSecuredDebt`	$160.03M	USD	3 Qtrs
Proceeds from other long-term secured debt	`ProceedsFromOtherLongTermSecuredDebt`	-	USD	3 Qtrs
Proceeds from other long-term secured debt	`ProceedsFromOtherLongTermSecuredDebt`	$11.10M	USD	3 Qtrs
Issuance costs paid for other long-term secured debt	`PaymentsOfDebtIssuanceCostsForOtherLongTermSecuredDebt`	$214.00K	USD	3 Qtrs
Issuance costs paid for other long-term secured debt	`PaymentsOfDebtIssuanceCostsForOtherLongTermSecuredDebt`	-	USD	3 Qtrs
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	$382.00K	USD	3 Qtrs
Repayments of other long-term secured debt	`RepaymentsOfOtherLongTermDebt`	$121.00K	USD	3 Qtrs
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	$823.95M	USD	3 Qtrs
Proceeds from sale of common stock under public offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Issuance costs paid related to sale of common stock under public offerings	`PaymentsOfStockIssuanceCosts`	$4.29M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.33M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.22M	USD	3 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.39M	USD	3 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.10M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$220.05M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$676.02M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.60M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-997.00K	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.99M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.53M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$66.97M	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`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.87M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$66.97M	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`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$46.87M	USD	Point-in-time

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$819.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$840.39M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-143.44M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$340.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.22B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.55M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
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`	$-4.11M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.64M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.21M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	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`	$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`	$288.00K	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 upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.11M	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 under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.38M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.57M	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-747.00K	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`	$-1.02M	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`	$-242.00K	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`	$147.22M	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$333.49M	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
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.14M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.73M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.21M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.97M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.82M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.76M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$819.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-200.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-383.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$840.39M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$443.21M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-187.07M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-1.06B	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-143.44M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$461.19M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$340.00M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$22.24M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-249.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.22B	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-27.08M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-4.51M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-10.64M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.55M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.21M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$738.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.55M	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.51M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-87.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.11M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-10.64M	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.21M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$4.38M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-1.23B	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-31.59M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$338.44M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-145.65M	USD	1 Quarter

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