10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001547903-14-000126`
Period End Date	20140930
Filing Date	20141107
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	nmih-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 86 Cash Flow Statement 72 Stockholders Equity 26 Comprehensive Income 5

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Fixed maturity, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$416.13M	USD	Point-in-time
Fixed maturity, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$310.27M	USD	Point-in-time
Fixed maturities (amortized cost of $310,270 and $416,135 as of September 30, 2014 and December 31, 2013, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$409.09M	USD	Point-in-time
Fixed maturities (amortized cost of $310,270 and $416,135 as of September 30, 2014 and December 31, 2013, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$308.56M	USD	Point-in-time
Total investments	`Investments`	$409.09M	USD	Point-in-time
Total investments	`Investments`	$308.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$485.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.10M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$1.29M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$2.00M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$402.00K	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$19.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$1.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$1.52M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$90.20K	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$1.65M	USD	Point-in-time
Goodwill and other indefinite lived intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$3.63M	USD	Point-in-time
Goodwill and other indefinite lived intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$3.63M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$10.78M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$8.88M	USD	Point-in-time
Other assets	`OtherAssets`	$63.00K	USD	Point-in-time
Other assets	`OtherAssets`	$675.00K	USD	Point-in-time
Total Assets	`Assets`	$465.58M	USD	Point-in-time
Total Assets	`Assets`	$481.22M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$1.45M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$13.44M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	-	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.00K	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	-	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	-	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$13.69M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$10.05M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$3.31M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$6.37M	USD	Point-in-time
Current tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Current tax payable	`TaxesPayableCurrent`	$602.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$133.00K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$133.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$31.18M	USD	Point-in-time
Total Liabilities	`Liabilities`	$18.00M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$560.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$553.71M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.88M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-122.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.02M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$463.22M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$488.75M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$434.40M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$465.58M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$481.22M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$482.00K	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$483.00K	USD	3 Qtrs
Direct	`DirectPremiumsWritten`	$9.66M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$19.89M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$19.89M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$482.00K	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$483.00K	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$9.66M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-5.76M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	-	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	-	USD	3 Qtrs
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-11.99M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$7.90M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$3.90M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$482.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$483.00K	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$1.52M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$3.34M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$1.34M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$4.30M	USD	3 Qtrs
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$134.00K	USD	1 Quarter
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$172.00K	USD	3 Qtrs
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$134.00K	USD	3 Qtrs
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-308.00K	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.24M	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$468.00K	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-610.00K	USD	3 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$3.01M	USD	3 Qtrs
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	3 Qtrs
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	$37.00K	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	$37.00K	USD	3 Qtrs
Total Revenues	`Revenues`	$3.38M	USD	3 Qtrs
Total Revenues	`Revenues`	$15.38M	USD	3 Qtrs
Total Revenues	`Revenues`	$6.62M	USD	1 Quarter
Total Revenues	`Revenues`	$2.16M	USD	1 Quarter
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.00K	USD	3 Qtrs
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	-	USD	1 Quarter
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	-	USD	3 Qtrs
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$-26.00K	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	-	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$108.00K	USD	3 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$47.00K	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	-	USD	3 Qtrs
Other underwriting and operating expenses	`OtherCostAndExpenseOperating`	$55.73M	USD	3 Qtrs
Other underwriting and operating expenses	`OtherCostAndExpenseOperating`	$16.03M	USD	1 Quarter
Other underwriting and operating expenses	`OtherCostAndExpenseOperating`	$17.85M	USD	1 Quarter
Other underwriting and operating expenses	`OtherCostAndExpenseOperating`	$45.48M	USD	3 Qtrs
Total Expenses	`CostsAndExpenses`	$45.48M	USD	3 Qtrs
Total Expenses	`CostsAndExpenses`	$16.03M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$55.84M	USD	3 Qtrs
Total Expenses	`CostsAndExpenses`	$17.87M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.25M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.10M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.87M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-40.46M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-277.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.57M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-13.87M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-42.10M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-38.88M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-55.18M	USD	Annual
Net Loss	`NetIncomeLoss`	$-10.98M	USD	1 Quarter
Net unrealized holding (losses) gains for the period included in accumulated other comprehensive loss, net of tax benefit of ($488) and $0 for the three months ended September 30, 2014 and 2013, respectively, and tax expense of $2,176 and $0 for the nine months ended September 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$3.17M	USD	3 Qtrs
Net unrealized holding (losses) gains for the period included in accumulated other comprehensive loss, net of tax benefit of ($488) and $0 for the three months ended September 30, 2014 and 2013, respectively, and tax expense of $2,176 and $0 for the nine months ended September 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-709.00K	USD	1 Quarter
Net unrealized holding (losses) gains for the period included in accumulated other comprehensive loss, net of tax benefit of ($488) and $0 for the three months ended September 30, 2014 and 2013, respectively, and tax expense of $2,176 and $0 for the nine months ended September 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-7.04M	USD	3 Qtrs
Net unrealized holding (losses) gains for the period included in accumulated other comprehensive loss, net of tax benefit of ($488) and $0 for the three months ended September 30, 2014 and 2013, respectively, and tax expense of $2,176 and $0 for the nine months ended September 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.28M	USD	1 Quarter
Other Comprehensive (Loss) Income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.17M	USD	3 Qtrs
Other Comprehensive (Loss) Income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.28M	USD	1 Quarter
Other Comprehensive (Loss) Income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.04M	USD	3 Qtrs
Other Comprehensive (Loss) Income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-709.00K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-11.59M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-35.72M	USD	3 Qtrs
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-11.69M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-49.14M	USD	3 Qtrs
Basic and Diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	1 Quarter
Basic and Diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.76	USD	3 Qtrs
Basic and Diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.67	USD	3 Qtrs
Basic and Diluted loss per share (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.19	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	58.36M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	58.24M	shares	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	55.59M	shares	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	55.64M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-13.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.88M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-55.18M	USD	Annual
Net loss	`NetIncomeLoss`	$-10.98M	USD	1 Quarter
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$134.00K	USD	1 Quarter
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$172.00K	USD	3 Qtrs
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$134.00K	USD	3 Qtrs
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-308.00K	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.24M	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$468.00K	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-610.00K	USD	3 Qtrs
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$3.01M	USD	3 Qtrs
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	3 Qtrs
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	-	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	$37.00K	USD	1 Quarter
Gain from settlement of warrants	`GainLossFromSettlementofWarrants`	$37.00K	USD	3 Qtrs
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$5.41M	USD	3 Qtrs
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$6.60M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.83M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.87M	USD	3 Qtrs
Benefit for taxes on current year unrealized gains	`ExpenseBenefitforTaxesonCurrentYearUnrealizedGains`	-	USD	3 Qtrs
Benefit for taxes on current year unrealized gains	`ExpenseBenefitforTaxesonCurrentYearUnrealizedGains`	$-1.57M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-708.00K	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.83M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$383.00K	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$636.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-422.00K	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$4.00K	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.56M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-49.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$612.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-5.76M	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	-	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	-	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-11.99M	USD	3 Qtrs
Reserve for insurance claims and claims expenses	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-2.00K	USD	3 Qtrs
Reserve for insurance claims and claims expenses	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	-	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$568.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.00K	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-19.59M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-29.28M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$510.00K	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$559.75M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.36M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$5.38M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$112.13M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$139.38M	USD	3 Qtrs
Purchase of software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.40M	USD	3 Qtrs
Purchase of software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.64M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$101.13M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-420.90M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.09M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.07M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.58M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.58M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$14.00K	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-451.76M	USD	3 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$81.56M	USD	3 Qtrs
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.93M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$137.49M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$485.86M	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.10M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.93M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$137.49M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$485.86M	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$34.10M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$3.48M	USD	Annual
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	3 Qtrs
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.18M	USD	3 Qtrs
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	Annual
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-488.00K	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$463.22M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$488.75M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$434.40M	USD	Point-in-time
Common stock Class A shares issued related to warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$13.00K	USD	3 Qtrs
Common stock Class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$14.00K	USD	3 Qtrs
Common stock Class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$-1.58M	USD	Annual
Common stock Class A shares issued related to initial public offering (net of expenses of $3,483)	`StockIssuedDuringPeriodValueNewIssues`	$27.91M	USD	Annual
Conversion of Class B shares of common stock into Class A shares of common stock	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.87M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.37M	USD	Annual
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-7.05M	USD	Annual
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.17M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.88M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-55.18M	USD	Annual
Net loss	`NetIncomeLoss`	$-10.98M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$463.22M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$488.75M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$434.40M	USD	Point-in-time

Comprehensive Income 5 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	3 Qtrs
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.18M	USD	3 Qtrs
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	Annual
Change in unrealized investment gains (losses), tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-488.00K	USD	1 Quarter

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