10-Q Filing

PROGYNY, INC. CIK: 1551306 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-010678`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	pgny-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 71 Cash Flow Statement 52 Stockholders Equity 35 Comprehensive Income 16

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.11M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.75M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$38.99M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$45.22M	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
Accounts receivable, net of $14,105 and $9,502 of allowance at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$140.77M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable, net of $14,105 and $9,502 of allowance at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$75.66M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	89.36M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.26M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	87.05M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$238.49M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	89.36M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$190.22M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	87.05M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.40M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.67M	USD	Point-in-time
Treasury stock, shares outstanding (in shares)	`TreasuryStockCommonShares`	615,980.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.24M	USD	Point-in-time
Treasury stock, shares outstanding (in shares)	`TreasuryStockCommonShares`	615,980.00	shares	Point-in-time
Goodwill	`Goodwill`	$11.88M	USD	Point-in-time
Goodwill	`Goodwill`	$11.88M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.21M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$848.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$48.15M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$37.97M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$536.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$573.00K	USD	Point-in-time
Total assets	`Assets`	$312.07M	USD	Point-in-time
Total assets	`Assets`	$253.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.51M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$44.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$34.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$77.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.78M	USD	Point-in-time
Operating lease noncurrent liabilities	`OperatingLeaseLiabilityNoncurrent`	$8.32M	USD	Point-in-time
Operating lease noncurrent liabilities	`OperatingLeaseLiabilityNoncurrent`	$7.87M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$876.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$876.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$107.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$86.98M	USD	Point-in-time
Commitments and Contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2021 and December 31, 2020; 89,360,084 and 87,054,329 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2021 and December 31, 2020; 89,360,084 and 87,054,329 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$236.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$240.11M	USD	Point-in-time
Treasury stock, at cost, $0.0001 par value; 615,980 shares at June 30, 2021 and December 31, 2020	`TreasuryStockCommonValue`	$1.01M	USD	Point-in-time
Treasury stock, at cost, $0.0001 par value; 615,980 shares at June 30, 2021 and December 31, 2020	`TreasuryStockCommonValue`	$1.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-68.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-34.30M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-270.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$166.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$114.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$118.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$119.49M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$184.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$204.54M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$312.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$253.93M	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$145.63M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$128.65M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$64.61M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$250.78M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$52.65M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$117.07M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$99.03M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$192.26M	USD	2 Qtrs
Gross profit	`GrossProfit`	$11.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$58.53M	USD	2 Qtrs
Gross profit	`GrossProfit`	$28.56M	USD	2 Qtrs
Gross profit	`GrossProfit`	$29.62M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$8.04M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$3.61M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.88M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.42M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$17.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.03M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$35.06M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$26.20M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-1.07M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$11.66M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$23.46M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.36M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$3.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$19.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$12.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$167.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$155.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$234.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$5.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$252.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$8.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$264.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$253.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$322.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.92M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.68M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.06M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.72M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-6.81M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-10.18M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$116.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$18.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$33.89M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$33.89M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.06M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$18.73M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.56M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.34	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	88.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.91M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	87.78M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.98M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	99.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.28M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.56M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.89M	USD	2 Qtrs
Deferred tax (benefit) expense	`DeferredIncomeTaxesAndTaxCredits`	$116.00K	USD	2 Qtrs
Deferred tax (benefit) expense	`DeferredIncomeTaxesAndTaxCredits`	$-10.18M	USD	2 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$37.00K	USD	2 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$38.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$718.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$980.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.59M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.55M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$4.80M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.15M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$69.91M	USD	2 Qtrs
Prepaid expenses and current other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.49M	USD	2 Qtrs
Prepaid expenses and current other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.67M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.09M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.83M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$8.47M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$9.54M	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-20.00K	USD	2 Qtrs
Other noncurrent assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-327.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.94M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.34M	USD	2 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$791.00K	USD	2 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$799.00K	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$83.48M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$41.98M	USD	2 Qtrs
Sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$76.98M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.30M	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.77M	USD	2 Qtrs
Payment of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$791.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.43M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.19M	USD	2 Qtrs
Payment of employee taxes related to equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.29M	USD	2 Qtrs
Payment of employee taxes related to equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.10M	USD	2 Qtrs
Proceeds from contributions to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$779.00K	USD	2 Qtrs
Proceeds from contributions to employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$901.00K	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.32M	USD	2 Qtrs
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.56M	USD	2 Qtrs
Net (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-30.99M	USD	2 Qtrs
Net (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-21.56M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.31M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$48.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$49.39M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$80.38M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$70.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$48.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$49.39M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$80.38M	USD	Point-in-time
Additions of property and equipment, net included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$98.00K	USD	2 Qtrs
Additions of property and equipment, net included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$89.00K	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$166.95M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$114.27M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$118.71M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$119.49M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$184.62M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$204.54M	USD	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	89.36M	shares	Point-in-time
Balance at beginning of period (in shares)	`CommonStockSharesOutstanding`	87.05M	shares	Point-in-time
Issuance of employee equity awards, net of shares withheld	`StockGrantedDuringPeriodValueSharebasedCompensation`	$-5.11M	USD	1 Quarter
Issuance of employee equity awards, net of shares withheld	`StockGrantedDuringPeriodValueSharebasedCompensation`	$-7.59M	USD	2 Qtrs
Issuance of employee equity awards, net of shares withheld	`StockGrantedDuringPeriodValueSharebasedCompensation`	$-2.67M	USD	2 Qtrs
Issuance of employee equity awards, net of shares withheld	`StockGrantedDuringPeriodValueSharebasedCompensation`	$-3.26M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.53M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.56M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.59M	USD	2 Qtrs
Reduction in initial public offering costs	`IncreaseToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$115.00K	USD	2 Qtrs
Warrant exercise	`StockIssuedDuringPeriodValueWarrantsExercised`	-	USD	1 Quarter
Warrant exercise	`StockIssuedDuringPeriodValueWarrantsExercised`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-271.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-220.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$18.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.89M	USD	2 Qtrs
Balance at end of period	`StockholdersEquity`	$166.95M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$114.27M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$118.71M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$119.49M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$184.62M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$204.54M	USD	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	89.36M	shares	Point-in-time
Balance at end of period (in shares)	`CommonStockSharesOutstanding`	87.05M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$18.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.06M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$33.89M	USD	2 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-271.00K	USD	2 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-220.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-271.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-220.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$18.51M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.57M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.06M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$33.62M	USD	2 Qtrs

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