10-Q Filing

UBIQUITI INC. CIK: 1511737 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001511737-13-000006`
Period End Date	20130331
Filing Date	20130510
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	ubnt-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 73 Cash Flow Statement 75

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.27M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.70M	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.06M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,700 and $1,266, respectively	`AccountsReceivableNetCurrent`	$75.64M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,700 and $1,266, respectively	`AccountsReceivableNetCurrent`	$38.42M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$19.38M	USD	Point-in-time
Inventories	`InventoryNet`	$7.73M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current deferred tax asset	`CurrentDeferredTaxAssetsRevenue`	$882.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Current deferred tax asset	`CurrentDeferredTaxAssetsRevenue`	$882.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	87.07M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.27M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	92.05M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$207.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$243.64M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	39.08M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	44.24M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.47M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.18M	USD	Point-in-time
Long-term deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$232.00K	USD	Point-in-time
Long-term deferred tax asset	`DeferredTaxAssetsNetNoncurrent`	$232.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.14M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.77M	USD	Point-in-time
Total assets	`Assets`	$251.82M	USD	Point-in-time
Total assets	`Assets`	$213.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.26M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$3.01M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$235.00K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$1.84M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$805.00K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$946.00K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$4.60M	USD	Point-in-time
Debt - short-term	`ShortTermBorrowings`	$5.01M	USD	Point-in-time
Debt - short-term	`ShortTermBorrowings`	$6.97M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.98M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$17.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.44M	USD	Point-in-time
Long-term taxes payable	`UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable`	$7.73M	USD	Point-in-time
Long-term taxes payable	`UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable`	$7.73M	USD	Point-in-time
Debt - long-term	`LongTermDebtNoncurrent`	$22.62M	USD	Point-in-time
Debt - long-term	`LongTermDebtNoncurrent`	$72.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$82.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$136.78M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock-$0.001 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock-$0.001 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 87,067,124 and 92,049,978 outstanding at March 31, 2013 and June 30, 2012, respectively	`CommonStockValue`	$87.00K	USD	Point-in-time
Common stock$0.001 par value; 500,000,000 shares authorized: 87,067,124 and 92,049,978 outstanding at March 31, 2013 and June 30, 2012, respectively	`CommonStockValue`	$92.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$131.43M	USD	Point-in-time
Treasury stock44,238,960 and 39,079,910 shares held in treasury at March 31, 2013 and June 30, 2012, respectively	`TreasuryStockValue`	$69.52M	USD	Point-in-time
Treasury stock44,238,960 and 39,079,910 shares held in treasury at March 31, 2013 and June 30, 2012, respectively	`TreasuryStockValue`	$123.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$71.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$107.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$130.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$115.04M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$213.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$251.82M	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$91.67M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$219.59M	USD	3 Qtrs
Revenues	`SalesRevenueNet`	$83.16M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$258.65M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$148.69M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$128.62M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$52.01M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$47.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$39.66M	USD	1 Quarter
Gross profit	`GrossProfit`	$109.96M	USD	3 Qtrs
Gross profit	`GrossProfit`	$90.97M	USD	3 Qtrs
Gross profit	`GrossProfit`	$35.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$11.67M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$15.44M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.48M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$16.13M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.29M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.06M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$18.73M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$31.57M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$7.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$91.23M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$23.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$32.56M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$59.40M	USD	3 Qtrs
Interest expense and other, net	`InvestmentIncomeInterest`	$-570.00K	USD	3 Qtrs
Interest expense and other, net	`InvestmentIncomeInterest`	$-190.00K	USD	1 Quarter
Interest expense and other, net	`InvestmentIncomeInterest`	$-1.14M	USD	3 Qtrs
Interest expense and other, net	`InvestmentIncomeInterest`	$-287.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.22M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.37M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.10M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.83M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.99M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.55M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.18M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$27.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.67M	USD	1 Quarter
Preferred stock cumulative dividend and accretion of cost of preferred stock	`PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock`	-	USD	1 Quarter
Preferred stock cumulative dividend and accretion of cost of preferred stock	`PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock`	-	USD	1 Quarter
Preferred stock cumulative dividend and accretion of cost of preferred stock	`PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock`	$112.43M	USD	3 Qtrs
Preferred stock cumulative dividend and accretion of cost of preferred stock	`PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock`	-	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-38.33M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$27.92M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$20.67M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$51.65M	USD	3 Qtrs
Net income (loss) per basic share of common stock (usd per share)	`EarningsPerShareBasic`	$0.58	USD	3 Qtrs
Net income (loss) per basic share of common stock (usd per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Net income (loss) per basic share of common stock (usd per share)	`EarningsPerShareBasic`	$-0.48	USD	3 Qtrs
Net income (loss) per basic share of common stock (usd per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Net income (loss) per diluted share of common stock (usd per share)	`EarningsPerShareDiluted`	$0.57	USD	3 Qtrs
Net income (loss) per diluted share of common stock (usd per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Net income (loss) per diluted share of common stock (usd per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Net income (loss) per diluted share of common stock (usd per share)	`EarningsPerShareDiluted`	$-0.48	USD	3 Qtrs
Weighted-average shares used in computing basic net income per share, number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	88.70M	shares	3 Qtrs
Weighted-average shares used in computing basic net income per share, number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	87.00M	shares	1 Quarter
Weighted-average shares used in computing basic net income per share, number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	80.65M	shares	3 Qtrs
Weighted-average shares used in computing basic net income per share, number of shares	`WeightedAverageNumberOfSharesOutstandingBasic`	91.86M	shares	1 Quarter
Weighted-average shares used in computing diluted net income per share, number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.18M	shares	1 Quarter
Weighted-average shares used in computing diluted net income per share, number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.66M	shares	3 Qtrs
Weighted-average shares used in computing diluted net income per share, number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.65M	shares	3 Qtrs
Weighted-average shares used in computing diluted net income per share, number of shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.95M	shares	1 Quarter
Cash dividends declared per common share (USD per share)	`CommonStockDividendsPerShareDeclared`	-	USD	3 Qtrs
Cash dividends declared per common share (USD per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	Point-in-time
Cash dividends declared per common share (USD per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per common share (USD per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per common share (USD per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	3 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$74.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$51.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$27.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$394.00K	USD	3 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$1.07M	USD	3 Qtrs
Provision for inventory obsolescence	`InventoryWriteDown`	$505.00K	USD	3 Qtrs
Excess tax benefit from employee stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$11.42M	USD	3 Qtrs
Excess tax benefit from employee stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$414.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.03M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.25M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-150.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.60M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$670.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-35.63M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.39M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.95M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$12.72M	USD	3 Qtrs
Deferred cost of revenues	`IncreaseDecreaseInDeferredCharges`	$541.00K	USD	3 Qtrs
Deferred cost of revenues	`IncreaseDecreaseInDeferredCharges`	$41.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.46M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.76M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.78M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.03M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.65M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$12.42M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$1.04M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$741.00K	USD	3 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.51M	USD	3 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-7.89M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$51.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.68M	USD	3 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.41M	USD	3 Qtrs
Purchase of property and equipment and other long-term assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.62M	USD	3 Qtrs
Proceeds from term loan, net	`ProceedsFromDebtNetOfIssuanceCosts`	$34.82M	USD	3 Qtrs
Proceeds from term loan, net	`ProceedsFromDebtNetOfIssuanceCosts`	$50.83M	USD	3 Qtrs
Repayments on term loan balance	`PaymentsForLoans`	$3.08M	USD	3 Qtrs
Repayments on term loan balance	`PaymentsForLoans`	$3.50M	USD	3 Qtrs
Repurchases of common stock	`RepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`RepurchaseOfCommonStock`	$54.35M	USD	3 Qtrs
Payment of special common stock dividend	`PaymentsOfDividends`	-	USD	3 Qtrs
Payment of special common stock dividend	`PaymentsOfDividends`	$15.70M	USD	Point-in-time
Payment of special common stock dividend	`PaymentsOfDividends`	$15.65M	USD	3 Qtrs
Repurchase of Series A convertible preferred stock	`PaymentsForRepurchaseOfConvertiblePreferredStock`	$108.00M	USD	3 Qtrs
Repurchase of Series A convertible preferred stock	`PaymentsForRepurchaseOfConvertiblePreferredStock`	-	USD	3 Qtrs
Issuance of convertible subordinated promissory notes	`IssuanceOfConvertibleSubordinatedPromissoryNotes`	-	USD	3 Qtrs
Issuance of convertible subordinated promissory notes	`IssuanceOfConvertibleSubordinatedPromissoryNotes`	$68.00M	USD	3 Qtrs
Payment of convertible subordinated promissory notes	`PaymentOfConvertibleSubordinatedPromissoryNotes`	-	USD	3 Qtrs
Payment of convertible subordinated promissory notes	`PaymentOfConvertibleSubordinatedPromissoryNotes`	$68.00M	USD	3 Qtrs
Proceeds from shares issued in initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$32.44M	USD	3 Qtrs
Proceeds from shares issued in initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$306.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$567.00K	USD	3 Qtrs
Excess tax benefit from employee stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$414.00K	USD	3 Qtrs
Excess tax benefit from employee stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$11.42M	USD	3 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	-	USD	3 Qtrs
Tax withholdings related to net share settlements of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$111.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.25M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.65M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$17.84M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$59.63M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$76.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$181.69M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$94.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$122.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$76.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$181.69M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$94.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$122.06M	USD	Point-in-time
Conversion of preferred stock into common stock in conjunction with initial public offering	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Conversion of preferred stock into common stock in conjunction with initial public offering	`ConversionOfStockAmountConverted1`	$150.28M	USD	3 Qtrs

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