10-Q Filing

FRESHPET, INC. CIK: 1611647 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-022342`
Period End Date	20230630
Filing Date	20230807
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	frpt20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 76 Cash Flow Statement 78 Stockholders Equity 36

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$244.05M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	48.20M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$114.44M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	48.05M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	48.19M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$57.57M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$51.89M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	48.04M	shares	Point-in-time
Inventories, net	`InventoryNet`	$58.29M	USD	Point-in-time
Inventories, net	`InventoryNet`	$65.27M	USD	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	14,000.00	shares	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	14,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.78M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.18M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.31M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.59M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$487.14M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$261.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$800.59M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$865.24M	USD	Point-in-time
Deposits on equipment	`DepositsOnPropertyPlantAndEquipmentNet`	$2.43M	USD	Point-in-time
Deposits on equipment	`DepositsOnPropertyPlantAndEquipmentNet`	$3.82M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$4.36M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$5.17M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	-	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$25.42M	USD	Point-in-time
Long term investment in equity securities	`EquitySecuritiesFVNINoncurrent`	-	USD	Point-in-time
Long term investment in equity securities	`EquitySecuritiesFVNINoncurrent`	$23.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.68M	USD	Point-in-time
Total Assets	`Assets`	$1.41B	USD	Point-in-time
Total Assets	`Assets`	$1.13B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.39M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$43.48M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$33.02M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.58M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.51M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$89.61M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$77.44M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$392.05M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.10M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.20M	USD	Point-in-time
Total Liabilities	`Liabilities`	$93.81M	USD	Point-in-time
Total Liabilities	`Liabilities`	$472.59M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 48,199 issued and 48,185 outstanding on June 30, 2023, and 48,051 issued and 48,037 outstanding on December 31, 2022	`CommonStockValue`	$48.00K	USD	Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 48,199 issued and 48,185 outstanding on June 30, 2023, and 48,051 issued and 48,037 outstanding on December 31, 2022	`CommonStockValue`	$48.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.33B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-295.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-336.86M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-663.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.37M	USD	Point-in-time
Treasury stock, at cost 14 shares on June 30, 2023 and on December 31, 2022	`TreasuryStockCommonValue`	$256.00K	USD	Point-in-time
Treasury stock, at cost 14 shares on June 30, 2023 and on December 31, 2022	`TreasuryStockCommonValue`	$256.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$937.78M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$719.75M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$948.91M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$708.05M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.41B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$350.85M	USD	2 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$183.33M	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$278.18M	USD	2 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$146.01M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$240.85M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$124.09M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$182.35M	USD	2 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$94.93M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$59.24M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$51.08M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$95.83M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$110.00M	USD	2 Qtrs
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$148.27M	USD	2 Qtrs
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$69.22M	USD	1 Quarter
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$129.85M	USD	2 Qtrs
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$76.00M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-18.14M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-38.26M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-34.01M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-16.75M	USD	1 Quarter
Interest and Other Income (Expense), net	`OtherNonoperatingIncomeExpense`	$4.11M	USD	1 Quarter
Interest and Other Income (Expense), net	`OtherNonoperatingIncomeExpense`	$5.05M	USD	2 Qtrs
Interest and Other Income (Expense), net	`OtherNonoperatingIncomeExpense`	$-21.00K	USD	1 Quarter
Interest and Other Income (Expense), net	`OtherNonoperatingIncomeExpense`	$237.00K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$3.33M	USD	1 Quarter
Interest Expense	`InterestExpense`	$1.67M	USD	1 Quarter
Interest Expense	`InterestExpense`	$2.24M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$6.50M	USD	2 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-1.45M	USD	2 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-1.69M	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$779.00K	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-2.01M	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-39.71M	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-36.02M	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-19.83M	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-15.97M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$70.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$82.00K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$140.00K	USD	2 Qtrs
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-2.03M	USD	2 Qtrs
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-717.00K	USD	1 Quarter
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-1.89M	USD	2 Qtrs
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-910.00K	USD	1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-16.95M	USD	1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-38.13M	USD	2 Qtrs
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-20.59M	USD	1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-41.74M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.85M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.04M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.03M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.49M	USD	2 Qtrs
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	`OtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	2 Qtrs
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	`OtherComprehensiveIncomeLossNetOfTax`	$1.85M	USD	1 Quarter
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.03M	USD	2 Qtrs
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-36.64M	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-18.74M	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-43.77M	USD	2 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-18.99M	USD	1 Quarter
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.85	USD	2 Qtrs
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.87	USD	2 Qtrs
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.45	USD	1 Quarter
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.87	USD	2 Qtrs
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.45	USD	1 Quarter
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.85	USD	2 Qtrs
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.13M	shares	1 Quarter
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.64M	shares	1 Quarter
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.69M	shares	2 Qtrs
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.09M	shares	2 Qtrs
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.64M	shares	1 Quarter
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.13M	shares	1 Quarter
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.09M	shares	2 Qtrs
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.69M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-16.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.13M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-20.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-41.74M	USD	2 Qtrs
Provision for loss (gains) on accounts receivable	`ProvisionForDoubtfulAccounts`	$-14.00K	USD	2 Qtrs
Provision for loss (gains) on accounts receivable	`ProvisionForDoubtfulAccounts`	$8.00K	USD	2 Qtrs
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	$-464.00K	USD	2 Qtrs
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	$-89.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$12.59M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$16.86M	USD	2 Qtrs
Inventory obsolescence	`InventoryWriteDown`	-	USD	2 Qtrs
Inventory obsolescence	`InventoryWriteDown`	$3.46M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$28.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.89M	USD	2 Qtrs
Write-off and amortization of deferred financing costs and loan discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.03M	USD	2 Qtrs
Write-off and amortization of deferred financing costs and loan discount	`AmortizationOfFinancingCostsAndDiscounts`	$398.00K	USD	2 Qtrs
Change in operating lease right of use asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-807.00K	USD	2 Qtrs
Change in operating lease right of use asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-675.00K	USD	2 Qtrs
Loss on equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$2.03M	USD	2 Qtrs
Loss on equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.89M	USD	2 Qtrs
Amortization of discount on short-term investments	`InvestmentIncomeAmortizationOfDiscount`	$996.00K	USD	2 Qtrs
Amortization of discount on short-term investments	`InvestmentIncomeAmortizationOfDiscount`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.27M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.67M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.98M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$28.56M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.42M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$430.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$358.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.76M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-421.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.49M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$4.49M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$4.53M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherLeaseLiabilities`	$-677.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherLeaseLiabilities`	$-1.04M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-62.40M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-231.00K	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$19.84M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$113.44M	USD	2 Qtrs
Investments in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$3.29M	USD	2 Qtrs
Investments in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Acquisitions of property, plant and equipment, software and deposits on equipment	`PaymentsToAcquireProductiveAssets`	$94.87M	USD	2 Qtrs
Acquisitions of property, plant and equipment, software and deposits on equipment	`PaymentsToAcquireProductiveAssets`	$102.51M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-215.95M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-118.01M	USD	2 Qtrs
Proceeds from common shares issued in primary offering, net of issuance cost	`ProceedsFromIssuanceInitialPublicOffering`	$337.85M	USD	2 Qtrs
Proceeds from common shares issued in primary offering, net of issuance cost	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from exercise of options to purchase common stock	`ProceedsFromStockOptionsExercised`	$329.00K	USD	2 Qtrs
Proceeds from exercise of options to purchase common stock	`ProceedsFromStockOptionsExercised`	$3.06M	USD	2 Qtrs
Tax withholdings related to net shares settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$850.00K	USD	2 Qtrs
Tax withholdings related to net shares settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.21M	USD	2 Qtrs
Proceeds from borrowings under Credit Facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings under Credit Facility	`ProceedsFromLinesOfCredit`	$78.00M	USD	2 Qtrs
Purchase of capped call option	`PaymentsToAcquireCappedCallOptions`	-	USD	2 Qtrs
Purchase of capped call option	`PaymentsToAcquireCappedCallOptions`	$66.21M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$393.52M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.03M	USD	2 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$414.96M	USD	2 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$327.49M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$234.56M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$111.31M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$244.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$132.74M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$72.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$307.35M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$244.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$132.74M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$72.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$307.35M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$1.26M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$1.22M	USD	2 Qtrs
Property, plant and equipment purchases in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$19.80M	USD	2 Qtrs
Property, plant and equipment purchases in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$34.80M	USD	2 Qtrs
Capitalized interest in accrued expenses	`InterestCostsCapitalized`	$181.00K	USD	2 Qtrs
Capitalized interest in accrued expenses	`InterestCostsCapitalized`	-	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$937.78M	USD	Point-in-time
Balances	`StockholdersEquity`	$719.75M	USD	Point-in-time
Balances	`StockholdersEquity`	$948.91M	USD	Point-in-time
Balances	`StockholdersEquity`	$708.05M	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Exercise of options to purchase common stock (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	162,000.00	shares	2 Qtrs
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.11M	USD	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.06M	USD	2 Qtrs
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$97.00K	USD	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$329.00K	USD	2 Qtrs
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-248.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-889.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-1.21M	USD	2 Qtrs
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-850.00K	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.99M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.29M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.59M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.01M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.85M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.04M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.03M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.49M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-16.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.13M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-20.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-41.74M	USD	2 Qtrs
Shares issued in primary offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$337.85M	USD	1 Quarter
Shares issued in primary offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$337.85M	USD	2 Qtrs
Purchase of capped call option	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallOption`	$-66.21M	USD	2 Qtrs
Balances	`StockholdersEquity`	$937.78M	USD	Point-in-time
Balances	`StockholdersEquity`	$719.75M	USD	Point-in-time
Balances	`StockholdersEquity`	$948.91M	USD	Point-in-time
Balances	`StockholdersEquity`	$708.05M	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time

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