10-Q Filing

DOXIMITY, INC. CIK: 1516513 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001516513-22-000084`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	docs-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 80 Cash Flow Statement 84 Stockholders Equity 71 Comprehensive Income 16

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$359.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$427.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.81M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.67M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$676.32M	USD	Point-in-time
Marketable securities	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$685.30M	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
Accounts receivable, net of allowance for doubtful accounts of $427 and $359 at September 30, 2022 and March 31, 2022, respectively	`AccountsReceivableNetCurrent`	$79.24M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $427 and $359 at September 30, 2022 and March 31, 2022, respectively	`AccountsReceivableNetCurrent`	$81.07M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.69M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.44M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Deferred contract costs, current	`CapitalizedContractCostNetCurrent`	$5.51M	USD	Point-in-time
Deferred contract costs, current	`CapitalizedContractCostNetCurrent`	$3.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$904.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$847.92M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	192.40M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	192.30M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	192.30M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	192.40M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.65M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.49M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$48.56M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$50.58M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.09M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.89M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$34.23M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.91M	USD	Point-in-time
Goodwill	`Goodwill`	$67.94M	USD	Point-in-time
Goodwill	`Goodwill`	$18.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.13M	USD	Point-in-time
Total assets	`Assets`	$991.36M	USD	Point-in-time
Total assets	`Assets`	$1.03B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$463.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$26.41M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$25.27M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$89.62M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$84.91M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$642.00K	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$1.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$111.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.14M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$78.00K	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$166.00K	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$447.00K	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$14.62M	USD	Point-in-time
Contingent earn-out consideration liability, non-current	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Contingent earn-out consideration liability, non-current	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$15.42M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$956.00K	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$1.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$149.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$112.76M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 100,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; zero shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 100,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; zero shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively	`PreferredStockValue`	-	USD	Point-in-time
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; 192,302 and 192,398 shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively	`CommonStockValue`	$192.00K	USD	Point-in-time
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; 192,302 and 192,398 shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively	`CommonStockValue`	$192.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$702.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$730.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.29M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$191.11M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$169.75M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$66.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$728.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$772.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$878.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$902.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$878.59M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$991.36M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$79.35M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$192.82M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$102.19M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$152.02M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$8.95M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$13.21M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$16.94M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$26.29M	USD	2 Qtrs
Gross profit	`GrossProfit`	$135.08M	USD	2 Qtrs
Gross profit	`GrossProfit`	$166.54M	USD	2 Qtrs
Gross profit	`GrossProfit`	$88.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$70.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.13M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$15.46M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.70M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$21.16M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$57.16M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$40.53M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$29.02M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.47M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$85.26M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$56.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.75M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$45.45M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$53.78M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$32.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$49.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$24.95M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.71M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$420.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$465.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$908.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.29M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.01M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.37M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.49M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-12.12M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.71M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-10.72M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$6.81M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.41M	USD	2 Qtrs
Undistributed earnings attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	1 Quarter
Undistributed earnings attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$18.33M	USD	2 Qtrs
Undistributed earnings attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	2 Qtrs
Undistributed earnings attributable to participating securities, basic	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	1 Quarter
Undistributed earnings attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	-	USD	1 Quarter
Undistributed earnings attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	$18.33M	USD	2 Qtrs
Undistributed earnings attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	-	USD	2 Qtrs
Undistributed earnings attributable to participating securities, diluted	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted`	-	USD	1 Quarter
Net income attributable to Class A and Class B common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$36.09M	USD	1 Quarter
Net income attributable to Class A and Class B common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$48.68M	USD	2 Qtrs
Net income attributable to Class A and Class B common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$26.30M	USD	1 Quarter
Net income attributable to Class A and Class B common stockholders, basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$44.08M	USD	2 Qtrs
Net income attributable to Class A and Class B common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$44.08M	USD	2 Qtrs
Net income attributable to Class A and Class B common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$48.68M	USD	2 Qtrs
Net income attributable to Class A and Class B common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$36.09M	USD	1 Quarter
Net income attributable to Class A and Class B common stockholders, diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$26.30M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	193.04M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	186.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	193.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	137.15M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	216.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.07M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	213.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	214.45M	shares	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.41M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.31M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$105.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Stock-based compensation, net of amounts capitalized	`ShareBasedCompensation`	$20.86M	USD	2 Qtrs
Stock-based compensation, net of amounts capitalized	`ShareBasedCompensation`	$11.80M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$569.00K	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$952.00K	USD	2 Qtrs
Amortization of premium on marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.56M	USD	2 Qtrs
Amortization of premium on marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.67M	USD	2 Qtrs
Loss (gain) on sale of marketable securities	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-500.00K	USD	2 Qtrs
Loss (gain) on sale of marketable securities	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$70.00K	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$2.50M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$2.10M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$5.66M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$4.84M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-7.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-195.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.56M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.19M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.73M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.65M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInCapitalizedContractCost`	$2.98M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInCapitalizedContractCost`	$2.34M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-780.00K	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.47M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.43M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.87M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-211.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-638.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.27M	USD	2 Qtrs
Cash paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Cash paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$53.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.48M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.00K	USD	2 Qtrs
Internal-use software development costs	`PaymentsToDevelopSoftware`	$2.47M	USD	2 Qtrs
Internal-use software development costs	`PaymentsToDevelopSoftware`	$1.67M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$91.18M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.16B	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$35.55M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$24.44M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$531.08M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$64.16M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.43M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.02M	USD	2 Qtrs
Proceeds from issuance of common stock upon initial public offering after deducting underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$553.90M	USD	2 Qtrs
Proceeds from issuance of common stock upon initial public offering after deducting underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and common stock warrants	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.06M	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and common stock warrants	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.58M	USD	2 Qtrs
Proceeds from issuance of common stock in connection with the employee stock purchase plan	`ProceedsFromStockPlans`	$2.34M	USD	2 Qtrs
Proceeds from issuance of common stock in connection with the employee stock purchase plan	`ProceedsFromStockPlans`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$56.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.26M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.70M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.04M	USD	2 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$3.98M	USD	2 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$552.23M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-63.38M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.13M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.13M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.81M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.52M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.67M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.39M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.52M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.67M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.39M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$123.00K	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	$180.00K	USD	2 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	2 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$81.46M	USD	2 Qtrs
Capitalized stock-based compensation for internal-use software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$141.00K	USD	2 Qtrs
Capitalized stock-based compensation for internal-use software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$448.00K	USD	2 Qtrs
Property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$109.00K	USD	2 Qtrs
Property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$134.00K	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.76M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs

Stockholders Equity 71 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	76.29M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$81.46M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Conversion of redeemable convertible preferred stock upon initial public offering (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	76.29M	shares	2 Qtrs
Conversion of redeemable convertible preferred stock upon initial public offering	`TemporaryEquityStockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-81.46M	USD	2 Qtrs
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	76.29M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$81.46M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$66.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$728.45M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$772.56M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$878.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$902.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$878.59M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.92M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.62M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.18M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.74M	USD	1 Quarter
Exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$5.61M	USD	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.79M	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.07M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.03M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.58M	USD	1 Quarter
Tax withholding on shares under stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$56.00K	USD	2 Qtrs
Tax withholding on shares under stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$56.00K	USD	1 Quarter
Tax withholding on shares under stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.26M	USD	2 Qtrs
Tax withholding on shares under stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.15M	USD	1 Quarter
Repurchase and retirement of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	2.15M	shares	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.70M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$61.17M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$70.04M	USD	2 Qtrs
Common stock warrant expense	`APICShareBasedPaymentArrangementStockWarrantIssuedForServicesIncreaseForCostRecognition`	$24.00K	USD	2 Qtrs
Common stock warrant expense	`APICShareBasedPaymentArrangementStockWarrantIssuedForServicesIncreaseForCostRecognition`	$1.35M	USD	1 Quarter
Common stock warrant expense	`APICShareBasedPaymentArrangementStockWarrantIssuedForServicesIncreaseForCostRecognition`	$2.69M	USD	2 Qtrs
Common stock warrant expense	`APICShareBasedPaymentArrangementStockWarrantIssuedForServicesIncreaseForCostRecognition`	$12.00K	USD	1 Quarter
Issuance of common stock in connection with the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.34M	USD	2 Qtrs
Issuance of common stock in connection with the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.34M	USD	1 Quarter
Conversion of redeemable convertible preferred stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$81.46M	USD	2 Qtrs
Issuance of common stock upon initial public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$548.45M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-706.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-754.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.26M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.41M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$66.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$728.45M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$772.56M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$878.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$902.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$878.59M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized loss on available-for-sale-securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.30M	USD	1 Quarter
Change in unrealized loss on available-for-sale-securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	2 Qtrs
Change in unrealized loss on available-for-sale-securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$62.41M	USD	2 Qtrs
Change in unrealized loss on available-for-sale-securities, tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$2.13M	USD	2 Qtrs
Change in unrealized loss on available-for-sale-securities, net of tax of $1,235, $0, $2,130, and $0, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.26M	USD	2 Qtrs
Change in unrealized loss on available-for-sale-securities, net of tax of $1,235, $0, $2,130, and $0, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-706.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale-securities, net of tax of $1,235, $0, $2,130, and $0, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.63M	USD	1 Quarter
Change in unrealized loss on available-for-sale-securities, net of tax of $1,235, $0, $2,130, and $0, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-754.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$42.42M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.66M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.38M	USD	1 Quarter

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