10-Q Filing

EXACT SCIENCES CORP CIK: 1124140 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001124140-23-000044`
Period End Date	20230331
Filing Date	20230509
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	exas-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 38 Cash Flow Statement 85 Stockholders Equity 25 Comprehensive Income 8

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.78M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$421.37M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$277.28M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$389.56M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$158.04M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$183.37M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventory	`InventoryNet`	$118.26M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Inventory	`InventoryNet`	$124.09M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$73.90M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	177.93M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$85.27M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	179.83M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	179.83M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.09B	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	177.93M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$982.26M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$684.76M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$684.57M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$167.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$156.78M	USD	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Goodwill	`Goodwill`	$2.34B	USD	Point-in-time
Goodwill	`Goodwill`	$2.35B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.96B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.93B	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$91.87M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$90.58M	USD	Point-in-time
Total assets	`Assets`	$6.23B	USD	Point-in-time
Total assets	`Assets`	$6.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$74.92M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$299.22M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$241.84M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$28.37M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$30.01M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$367.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$412.75M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$2.19B	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$2.31B	USD	Point-in-time
Long-term debt	`LongTermLoansPayable`	$50.00M	USD	Point-in-time
Long-term debt	`LongTermLoansPayable`	$50.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$352.46M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$344.38M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$182.40M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$174.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.25B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.18B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value Authorized5,000,000; shares issued and outstandingno shares at March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value Authorized5,000,000; shares issued and outstandingno shares at March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value Authorized400,000,000; shares issued and outstanding179,830,145 and 177,925,631 shares at March 31, 2023 and December 31, 2022	`CommonStockValue`	$1.78M	USD	Point-in-time
Common stock, $0.01 par value Authorized400,000,000; shares issued and outstanding179,830,145 and 177,925,631 shares at March 31, 2023 and December 31, 2022	`CommonStockValue`	$1.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.40B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.31B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.24M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.27B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.04B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.39B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.30B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.23B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$486.57M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$602.45M	USD	1 Quarter
Cost of sales (exclusive of amortization of acquired intangible assets)	`CostOfRevenue`	$134.71M	USD	1 Quarter
Cost of sales (exclusive of amortization of acquired intangible assets)	`CostOfRevenue`	$156.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$95.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$102.25M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$232.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$186.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$169.77M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$217.29M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$22.93M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$24.65M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$69.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$679.54M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$663.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-176.99M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-77.09M	USD	1 Quarter
Investment income (loss), net	`InvestmentIncomeExpenseNonoperating`	$-1.49M	USD	1 Quarter
Investment income (loss), net	`InvestmentIncomeExpenseNonoperating`	$490.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$4.11M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-4.48M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$4.60M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-5.96M	USD	1 Quarter
Net loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-182.95M	USD	1 Quarter
Net loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-72.49M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-2.02M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-180.94M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.15M	USD	1 Quarter
Net loss per sharebasic (in usd per share)	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Net loss per sharebasic (in usd per share)	`EarningsPerShareBasic`	$-1.04	USD	1 Quarter
Net loss per sharediluted (in usd per share)	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Net loss per sharediluted (in usd per share)	`EarningsPerShareDiluted`	$-1.04	USD	1 Quarter
Weighted average common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.42M	shares	1 Quarter
Weighted average common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	178.57M	shares	1 Quarter
Weighted average common shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.42M	shares	1 Quarter
Weighted average common shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.57M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-180.94M	USD	1 Quarter
Net loss	`ProfitLoss`	$-74.15M	USD	1 Quarter
Depreciation	`Depreciation`	$22.99M	USD	1 Quarter
Depreciation	`Depreciation`	$26.82M	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-284.00K	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-321.00K	USD	1 Quarter
Unrealized loss on equity investments	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-3.01M	USD	1 Quarter
Unrealized loss on equity investments	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.35M	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.91M	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.26M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$49.14M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$52.44M	USD	1 Quarter
Gain on settlements of convertible notes, net	`GainOnSettlementOfConvertibleNotes`	$10.32M	USD	1 Quarter
Gain on settlements of convertible notes, net	`GainOnSettlementOfConvertibleNotes`	-	USD	1 Quarter
Amortization of deferred financing costs, convertible note debt discount and issuance costs, and other liabilities	`AmortizationDeferredAmortizationOfDeferredFinancingCostsDebtDiscountsPremiumsAndIssuanceCostsOtherLiabilities`	$1.70M	USD	1 Quarter
Amortization of deferred financing costs, convertible note debt discount and issuance costs, and other liabilities	`AmortizationDeferredAmortizationOfDeferredFinancingCostsDebtDiscountsPremiumsAndIssuanceCostsOtherLiabilities`	$1.78M	USD	1 Quarter
Accretion (Amortization) of discount (premium) on short-term investments	`IncreaseDecreaseInAmortizationOfPremiumOnShortTermInvestments`	$-54.00K	USD	1 Quarter
Accretion (Amortization) of discount (premium) on short-term investments	`IncreaseDecreaseInAmortizationOfPremiumOnShortTermInvestments`	$956.00K	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$22.93M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$24.65M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$69.00K	USD	1 Quarter
Remeasurement of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.68M	USD	1 Quarter
Remeasurement of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-8.94M	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseExpense`	$7.36M	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseExpense`	$6.81M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-11.02M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$25.43M	USD	1 Quarter
Inventory, net	`IncreaseDecreaseInInventories`	$5.83M	USD	1 Quarter
Inventory, net	`IncreaseDecreaseInInventories`	$7.96M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.18M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.98M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayable`	$-4.82M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayable`	$-66.05M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$13.62M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.62M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.22M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.16M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-173.75M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.22M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$8.59M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$70.27M	USD	1 Quarter
Maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$121.33M	USD	1 Quarter
Maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$150.63M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.62M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.36M	USD	1 Quarter
Investments in privately held companies	`PaymentsToAcquireOtherInvestments`	$442.00K	USD	1 Quarter
Investments in privately held companies	`PaymentsToAcquireOtherInvestments`	$1.17M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$82.94M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$45.56M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$964.00K	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.28M	USD	1 Quarter
Net proceeds from issuance	`ProceedsFromConvertibleDebt`	$137.98M	USD	1 Quarter
Net proceeds from issuance	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.55M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.34M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.73M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$133.60M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$550.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-237.00K	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$178.87M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-125.69M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.07M	USD	Point-in-time
Property, plant and equipment acquired but not paid	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$31.49M	USD	1 Quarter
Property, plant and equipment acquired but not paid	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$10.55M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$6.44M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$5.13M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$242.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$421.37M	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets as of March 31, 2023, and other long-term assets, net as of March 31, 2022	`RestrictedCash`	$297.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets as of March 31, 2023, and other long-term assets, net as of March 31, 2022	`RestrictedCash`	$297.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.77M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.66M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$242.79M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.07M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	179.83M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	177.93M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$3.06B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.39B	USD	Point-in-time
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.28M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$964.00K	USD	1 Quarter
Compensation expense related to issuance of stock options and restricted stock awards	`CompensationExpenseRelatedToIssuanceOfStockOptionsAndRestrictedStockAwardsValues`	$52.44M	USD	1 Quarter
Compensation expense related to issuance of stock options and restricted stock awards	`CompensationExpenseRelatedToIssuanceOfStockOptionsAndRestrictedStockAwardsValues`	$49.14M	USD	1 Quarter
Issuance of common stock to fund the Company's 401(k) match	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$35.08M	USD	1 Quarter
Other	`StockholdersEquityOther`	$7.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-180.94M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.15M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.52M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	179.83M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	177.93M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$3.06B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.39B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-180.94M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.15M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.97M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-4.97M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$550.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-237.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeLossBeforeTax`	$-186.14M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeLossBeforeTax`	$-70.63M	USD	1 Quarter

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