10-Q Filing

REVOLUTION MEDICINES, INC. CIK: 1628171 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-059391`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	rvmd-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 60 Cash Flow Statement 79 Stockholders Equity 49 Comprehensive Income 20

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$358.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.94M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$454.80M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$483.53M	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$4.67M	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`	$309.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.96M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	90.41M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$824.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$660.18M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	109.45M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.66M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	109.45M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	90.41M	shares	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$53.12M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$55.08M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.01M	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`	$2.39M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.74M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$11.35M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.86M	USD	Point-in-time
Total assets	`Assets`	$984.23M	USD	Point-in-time
Total assets	`Assets`	$811.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.63M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$50.16M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$29.45M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$5.75M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$6.77M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$4.46M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.54M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.03M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$3.16M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$57.43M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$57.09M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$982.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$301.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$126.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$146.77M	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 September 30, 2023 and December 31, 2022, respectively; zero shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; zero shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; 109,451,685 and 90,411,912 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at September 30, 2023 and December 31, 2022, respectively; 109,451,685 and 90,411,912 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.39B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.81B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-871.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-976.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-701.34M	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`	$837.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$602.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$681.42M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$811.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$984.23M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.05M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.36M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.84M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$186.95M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$69.45M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$274.66M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$107.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$43.38M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.68M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.43M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$216.62M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$123.25M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$79.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$318.04M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-196.57M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-76.53M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-307.20M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-123.25M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$10.95M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$28.50M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.08M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.91M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$2.91M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$10.95M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$28.50M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$4.08M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-112.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.63M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-192.50M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-278.70M	USD	3 Qtrs
Benefit from income taxes/(income tax expense)	`IncomeTaxExpenseBenefit`	$-3.87M	USD	1 Quarter
Benefit from income taxes/(income tax expense)	`IncomeTaxExpenseBenefit`	$-3.87M	USD	3 Qtrs
Benefit from income taxes/(income tax expense)	`IncomeTaxExpenseBenefit`	$-297.00K	USD	1 Quarter
Benefit from income taxes/(income tax expense)	`IncomeTaxExpenseBenefit`	$-297.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-73.33M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-274.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-108.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-192.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-2.65	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-0.87	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-0.99	USD	1 Quarter
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-2.47	USD	3 Qtrs
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-0.87	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-0.99	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-2.47	USD	3 Qtrs
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-2.65	USD	3 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.75M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.23M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	103.70M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	84.69M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.23M	shares	1 Quarter
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	103.70M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.75M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.69M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-274.83M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-192.20M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$801.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$801.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$36.34M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.88M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.69M	USD	3 Qtrs
Depreciation	`Depreciation`	$2.82M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.00M	USD	1 Quarter
Depreciation	`Depreciation`	$1.30M	USD	1 Quarter
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.57M	USD	3 Qtrs
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$486.00K	USD	3 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.43M	USD	3 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.96M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-989.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.36M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.37M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$394.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.79M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.16M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$20.96M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.47M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.46M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.83M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.43M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.36M	USD	3 Qtrs
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$296.00K	USD	3 Qtrs
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.87M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$8.49M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$196.00K	USD	3 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$681.00K	USD	3 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-20.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-162.61M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-230.01M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$452.43M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$539.31M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$582.53M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$443.36M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.94M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.41M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$37.80M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.01M	USD	3 Qtrs
Proceeds from issuance of common stock upon follow-on offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$248.13M	USD	3 Qtrs
Proceeds from issuance of common stock upon follow-on offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$323.71M	USD	3 Qtrs
Proceeds from issuance of common stock upon at-the-market offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	$62.05M	USD	3 Qtrs
Proceeds from issuance of common stock upon at-the-market offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	-	USD	3 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$704.00K	USD	3 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$1.98M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$2.11M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.24M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$250.07M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$389.85M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$197.64M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.44M	USD	3 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$180.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$360.79M	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 - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$180.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$360.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$358.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.74M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$180.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.79M	USD	Point-in-time
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$143.00K	USD	3 Qtrs
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	-	USD	3 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.75M	USD	3 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$1.33M	USD	3 Qtrs
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$3.00K	USD	3 Qtrs
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	-	USD	3 Qtrs

Stockholders Equity 49 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`	$837.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$681.42M	USD	Point-in-time
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.01M	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`	$209.00K	USD	1 Quarter
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`	$190.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.24M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.11M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$88.00K	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`	$6.64M	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`	$8.14M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.67M	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$909.00K	USD	3 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.22M	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-654.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$380.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-695.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.04M	USD	3 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-73.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-274.83M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-108.43M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-192.20M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-57.65M	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`	$837.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$681.42M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-61.22M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-73.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-274.83M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-68.10M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-108.43M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-98.30M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-192.20M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-57.65M	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$909.00K	USD	3 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.22M	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-654.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$380.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-908.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-695.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.04M	USD	3 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-481.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-73.98M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-194.24M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-273.92M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-108.05M	USD	1 Quarter

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