10-K Filing

REVOLUTION MEDICINES, INC. CIK: 1628171 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-020145`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	rvmd-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 57 Cash Flow Statement 137 Stockholders Equity 25

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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$696.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.16B	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$483.53M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Account receivable	`AccountsReceivableGrossCurrent`	$1.25M	USD	Point-in-time
Account 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`	$25.07M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	170.23M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$660.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.88B	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	90.41M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.86M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	90.41M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.66M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	164.67M	shares	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$55.08M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$77.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$57.74M	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`	$3.03M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.74M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.86M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$7.03M	USD	Point-in-time
Total assets	`Assets`	$811.93M	USD	Point-in-time
Total assets	`Assets`	$2.06B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$61.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$74.69M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$29.45M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$7.37M	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`	$143.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$61.98M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.03M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$3.12M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$80.58M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$57.43M	USD	Point-in-time
Warrant liability	`WarrantLiability`	-	USD	Point-in-time
Warrant liability	`WarrantLiability`	$6.51M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$301.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$235.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$126.74M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; none issued and outstanding at December 31, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; none issued and outstanding at December 31, 2023 and December 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; 170,234,594 and 90,411,912 shares issued as of December 31, 2023 and December 31, 2022; 164,674,594 and 90,411,912 shares outstanding as of December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; 170,234,594 and 90,411,912 shares issued as of December 31, 2023 and December 31, 2022; 164,674,594 and 90,411,912 shares outstanding as of December 31, 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`	$2.96B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.78M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$544.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-701.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$474.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$602.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$685.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.83B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$811.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.06B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$35.38M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.58M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$29.39M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$186.95M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$253.07M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$423.14M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$30.45M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$75.62M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$40.59M	USD	Annual
Total operating expenses	`OperatingExpenses`	$293.66M	USD	Annual
Total operating expenses	`OperatingExpenses`	$498.76M	USD	Annual
Total operating expenses	`OperatingExpenses`	$217.40M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-258.28M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-188.01M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-487.19M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$929.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$47.48M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$9.15M	USD	Annual
Interest and other expense	`OtherNonoperatingExpense`	-	USD	Annual
Interest and other expense	`OtherNonoperatingExpense`	$303.00K	USD	Annual
Interest and other expense	`OtherNonoperatingExpense`	$12.00K	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`ChangeInFairValueOfWarrantLiabilityAndContingentEarnOutShares`	$115.00K	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`ChangeInFairValueOfWarrantLiabilityAndContingentEarnOutShares`	-	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`ChangeInFairValueOfWarrantLiabilityAndContingentEarnOutShares`	-	USD	Annual
Total other income, net	`NonoperatingIncomeExpense`	$47.29M	USD	Annual
Total other income, net	`NonoperatingIncomeExpense`	$9.15M	USD	Annual
Total other income, net	`NonoperatingIncomeExpense`	$917.00K	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-439.89M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-249.12M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-187.09M	USD	Annual
Benefit from income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-420.00K	USD	Annual
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-3.52M	USD	Annual
Net loss	`NetIncomeLoss`	$-248.71M	USD	Annual
Net loss	`NetIncomeLoss`	$-436.37M	USD	Annual
Net loss	`NetIncomeLoss`	$-187.09M	USD	Annual
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-3.86	USD	Annual
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-2.57	USD	Annual
Net loss per share attributable to common stockholders, basic	`EarningsPerShareBasic`	$-3.08	USD	Annual
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-2.57	USD	Annual
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-3.08	USD	Annual
Net loss per share attributable to common stockholders, diluted	`EarningsPerShareDiluted`	$-3.86	USD	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	80.63M	shares	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	72.81M	shares	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.15M	shares	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.63M	shares	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.15M	shares	Annual
Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.81M	shares	Annual
Net Income (Loss)	`NetIncomeLoss`	$-248.71M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-436.37M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-187.09M	USD	Annual
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-492.00K	USD	Annual
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.32M	USD	Annual
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.40M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-187.58M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-434.04M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-250.11M	USD	Annual

Cash Flow Statement 137 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-187.09M	USD	Annual
Net loss	`ProfitLoss`	$-248.71M	USD	Annual
Net loss	`ProfitLoss`	$-436.37M	USD	Annual
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-52.00K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-19.00K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-119.00K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.07M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.07M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.07M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$31.20M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$20.72M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$61.77M	USD	Annual
Depreciation	`Depreciation`	$3.08M	USD	Annual
Depreciation	`Depreciation`	$5.04M	USD	Annual
Depreciation	`Depreciation`	$3.97M	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`FairValueAdjustmentOfWarrants`	-	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`FairValueAdjustmentOfWarrants`	-	USD	Annual
Change in fair value of warrant liability and contingent earn-out shares	`FairValueAdjustmentOfWarrants`	$115.00K	USD	Annual
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.01M	USD	Annual
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.08M	USD	Annual
Net amortization of premium or discount on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$22.20M	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.20M	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.18M	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-464.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.26M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.42M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-198.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.78M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.65M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.29M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.24M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.47M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.50M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$8.72M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$14.67M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.46M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-14.47M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.66M	USD	Annual
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.47M	USD	Annual
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.53M	USD	Annual
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.43M	USD	Annual
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.91M	USD	Annual
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$419.00K	USD	Annual
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.25M	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-81.00K	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.41M	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$151.00K	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-190.00K	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$157.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-224.40M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-147.18M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-350.57M	USD	Annual
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.06B	USD	Annual
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$612.77M	USD	Annual
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$671.34M	USD	Annual
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$526.75M	USD	Annual
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$724.05M	USD	Annual
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$599.47M	USD	Annual
Sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	Annual
Sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$8.99M	USD	Annual
Sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	-	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.82M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.73M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.53M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.12M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-342.60M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.12M	USD	Annual
Cash, cash equivalents and restricted cash acquired in connection with EQRx Acquisition, net of transaction costs	`CashAndCashEquivalentsAndRestrictedCashAcquiredInConnectionWithEqrxAcquisitionNetOfTransactionCosts`	-	USD	Annual
Cash, cash equivalents and restricted cash acquired in connection with EQRx Acquisition, net of transaction costs	`CashAndCashEquivalentsAndRestrictedCashAcquiredInConnectionWithEqrxAcquisitionNetOfTransactionCosts`	-	USD	Annual
Cash, cash equivalents and restricted cash acquired in connection with EQRx Acquisition, net of transaction costs	`CashAndCashEquivalentsAndRestrictedCashAcquiredInConnectionWithEqrxAcquisitionNetOfTransactionCosts`	$840.83M	USD	Annual
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$281.14M	USD	Annual
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$248.13M	USD	Annual
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$323.71M	USD	Annual
Proceeds from issuance of common stock from at-the-market offering, net of transaction costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	$49.92M	USD	Annual
Proceeds from issuance of common stock from at-the-market offering, net of transaction costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	$10.10M	USD	Annual
Proceeds from issuance of common stock from at-the-market offering, net of transaction costs	`ProceedsFromIssuanceOfCommonStockFromAtTheMarketOffering`	$62.05M	USD	Annual
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$1.49M	USD	Annual
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$3.32M	USD	Annual
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$1.48M	USD	Annual
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$3.32M	USD	Annual
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.88M	USD	Annual
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.86M	USD	Annual
Tax payment for common stock withheld in satisfaction of withholding tax requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Tax payment for common stock withheld in satisfaction of withholding tax requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Tax payment for common stock withheld in satisfaction of withholding tax requirements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.03M	USD	Annual
Payments of deferred offering costs	`PaymentsOfDeferredOfferingCosts`	-	USD	Annual
Payments of deferred offering costs	`PaymentsOfDeferredOfferingCosts`	$424.00K	USD	Annual
Payments of deferred offering costs	`PaymentsOfDeferredOfferingCosts`	$-42.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$301.43M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.23B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$294.18M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$52.91M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.88M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$536.03M	USD	Annual
Cash, cash equivalents and restricted cash - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$699.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$699.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$163.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$696.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.41M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.03M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.74M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$110.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$699.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.15M	USD	Point-in-time
Issuance of common stock for EQRx acquisition	`IssuanceOfCommonStockForEqrxAcquisitionNetOfSharesWithheldForTaxes`	$1.09B	USD	Annual
Issuance of common stock for EQRx acquisition	`IssuanceOfCommonStockForEqrxAcquisitionNetOfSharesWithheldForTaxes`	-	USD	Annual
Issuance of common stock for EQRx acquisition	`IssuanceOfCommonStockForEqrxAcquisitionNetOfSharesWithheldForTaxes`	-	USD	Annual
Fair value of net assets acquired in connection with EQRx Acquisition	`FairValueOfNetAssetsAcquiredInConnectionWithEqrxAcquisition`	-	USD	Annual
Fair value of net assets acquired in connection with EQRx Acquisition	`FairValueOfNetAssetsAcquiredInConnectionWithEqrxAcquisition`	-	USD	Annual
Fair value of net assets acquired in connection with EQRx Acquisition	`FairValueOfNetAssetsAcquiredInConnectionWithEqrxAcquisition`	$291.48M	USD	Annual
EQRx acquisition transaction costs incurred but not paid	`AcquisitionTransactionCostsIncurredButNotPaid`	-	USD	Annual
EQRx acquisition transaction costs incurred but not paid	`AcquisitionTransactionCostsIncurredButNotPaid`	$100.00K	USD	Annual
EQRx acquisition transaction costs incurred but not paid	`AcquisitionTransactionCostsIncurredButNotPaid`	-	USD	Annual
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$143.00K	USD	Annual
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	-	USD	Annual
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$149.00K	USD	Annual
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.61M	USD	Annual
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$1.42M	USD	Annual
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$1.13M	USD	Annual
Advance payments for property and equipment	`AdvancePaymentsForPropertyAndEquipment`	$82.00K	USD	Annual
Advance payments for property and equipment	`AdvancePaymentsForPropertyAndEquipment`	-	USD	Annual
Advance payments for property and equipment	`AdvancePaymentsForPropertyAndEquipment`	$180.00K	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$35.44M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$25.27M	USD	Annual
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$2.00K	USD	Annual
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$110.00K	USD	Annual
Unpaid/deferred offering costs	`UnpaidDeferredOfferingCosts`	$2.00K	USD	Annual

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$474.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$685.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.83B	USD	Point-in-time
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.32M	USD	Annual
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.48M	USD	Annual
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.49M	USD	Annual
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.88M	USD	Annual
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.32M	USD	Annual
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.86M	USD	Annual
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$148.00K	USD	Annual
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$143.00K	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.20M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$61.77M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.72M	USD	Annual
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-492.00K	USD	Annual
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.32M	USD	Annual
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.40M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-248.71M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-436.37M	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-187.09M	USD	Annual
Ending balance	`StockholdersEquity`	$474.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$602.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$685.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.83B	USD	Point-in-time

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