10-Q Filing

TRANSMEDICS GROUP, INC. CIK: 1756262 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-030749`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	tmdx-20190629.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 66 Cash Flow Statement 64 Stockholders Equity 41 Comprehensive Income 25

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.24M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$48.99M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.44M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$7.11M	USD	Point-in-time
Inventory	`InventoryNet`	$11.22M	USD	Point-in-time
Inventory	`InventoryNet`	$9.28M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.84M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$116.13M	USD	Point-in-time
Common Stock, No Par Value	`CommonStockNoParValue`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.79M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.47M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	1.40M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	21.10M	shares	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$3.38M	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$4.40M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$500.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$500.00K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	21.10M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	1.40M	shares	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$6.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$6.00K	USD	Point-in-time
Total assets	`Assets`	$121.01M	USD	Point-in-time
Total assets	`Assets`	$42.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.72M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$8.18M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$7.18M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$306.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$175.00K	USD	Point-in-time
Current portion of deferred rent	`DeferredRentCreditCurrent`	$360.00K	USD	Point-in-time
Current portion of deferred rent	`DeferredRentCreditCurrent`	$349.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.55M	USD	Point-in-time
Preferred stock warrant liability	`PreferredStockWarrantsAndRightsOutstanding`	$898.00K	USD	Point-in-time
Long-term debt, net of discount	`LongTermDebtNoncurrent`	$33.67M	USD	Point-in-time
Long-term debt, net of discount	`LongTermDebtNoncurrent`	$33.90M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$759.00K	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$574.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$47.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$49.85M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value; 25,000,000 shares authorized at June 29, 2019; none issued and outstanding at June 29, 2019	`TemporaryEquityPreferredStockCarryingAmount`	-	USD	Point-in-time
Preferred stock, no par value; 25,000,000 shares authorized at June 29, 2019; none issued and outstanding at June 29, 2019	`TemporaryEquityPreferredStockCarryingAmount`	-	USD	Point-in-time
Convertible preferred stock (Series A-1, B, B-1, C, D, E and F) $0.0001 par value; 50,776,054 shares authorized at December 29, 2018; 50,404,140 shares issued and outstanding at December 29, 2018	`TemporaryEquityCarryingAmountAttributableToParent`	$186.52M	USD	Point-in-time
Common stock, no par value; 150,000,000 shares authorized, 21,098,368 shares issued and outstanding at June 29, 2019	`CommonStockValueNoParValue`	$423.25M	USD	Point-in-time
Common stock, $0.0001 par value; 60,000,000 shares authorized, 1,397,800 shares issued and 1,397,493 shares outstanding at December 29, 2018	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$143.79M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-58.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-335.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-352.03M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-199.04M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-168.72M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-179.66M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-192.24M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-173.59M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$71.16M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity	`LiabilitiesAndStockholdersEquity`	$42.16M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity	`LiabilitiesAndStockholdersEquity`	$121.01M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`Revenues`	$5.67M	USD	1 Quarter
Net revenue	`Revenues`	$2.92M	USD	1 Quarter
Net revenue	`Revenues`	$10.34M	USD	2 Qtrs
Net revenue	`Revenues`	$5.43M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$4.44M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$1.74M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$2.33M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$3.33M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.91M	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.18M	USD	1 Quarter
Research, development and clinical trials	`ResearchAndDevelopmentExpense`	$4.79M	USD	1 Quarter
Research, development and clinical trials	`ResearchAndDevelopmentExpense`	$6.90M	USD	2 Qtrs
Research, development and clinical trials	`ResearchAndDevelopmentExpense`	$3.43M	USD	1 Quarter
Research, development and clinical trials	`ResearchAndDevelopmentExpense`	$8.67M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.14M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.90M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.04M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$19.57M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.33M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.16M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.71M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.94M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-13.67M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.21M	USD	2 Qtrs
Interest expense	`InterestExpense`	$571.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$313.00K	USD	1 Quarter
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$341.00K	USD	2 Qtrs
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$240.00K	USD	2 Qtrs
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$210.00K	USD	1 Quarter
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$614.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$247.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$144.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-253.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-428.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-951.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.48M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.06M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-2.40M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-16.07M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-11.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-9.19M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.11M	USD	1 Quarter
Provision for income taxes	`CurrentIncomeTaxExpenseBenefit`	$15.00K	USD	2 Qtrs
Provision for income taxes	`CurrentIncomeTaxExpenseBenefit`	$10.00K	USD	1 Quarter
Provision for income taxes	`CurrentIncomeTaxExpenseBenefit`	$8.00K	USD	1 Quarter
Provision for income taxes	`CurrentIncomeTaxExpenseBenefit`	$20.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.02M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.09M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.36	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.21	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.70	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.30	USD	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.13M	shares	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.28M	shares	2 Qtrs
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.68M	shares	2 Qtrs
Weighted average common shares outstanding, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.69M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.02M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-16.09M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-23.80M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$534.00K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$337.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$277.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$61.00K	USD	2 Qtrs
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$341.00K	USD	2 Qtrs
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$240.00K	USD	2 Qtrs
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$210.00K	USD	1 Quarter
Change in fair value of preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$614.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$48.00K	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$231.00K	USD	2 Qtrs
Net amortization of premiums on marketable securities	`AmortizationOfDebtDiscountPremium`	$-24.00K	USD	2 Qtrs
Net amortization of premiums on marketable securities	`AmortizationOfDebtDiscountPremium`	$9.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-305.00K	USD	2 Qtrs
Unrealized foreign currency transaction (gains) losses	`ForeignCurrencyTransactionGainLossUnrealized`	$-10.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.68M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$2.03M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.23M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$58.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-259.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-773.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.44M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.09M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$816.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-130.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-37.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredCharges`	$164.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredCharges`	$174.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.80M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-19.43M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$151.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.00K	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$48.95M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$11.97M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.10M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.94M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$9.08M	USD	2 Qtrs
Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceOfCommonStockInInitialPublicOfferingNetOfUnderwritingDiscountsAndCommissions`	$97.37M	USD	2 Qtrs
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$1.98M	USD	2 Qtrs
Proceeds from issuance of long-term debt, net of issuance costs	`ProceedsFromIssuanceOfLongTermDebt`	$33.44M	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$10.00K	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$21.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.38M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$95.40M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.50M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.94M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.94M	USD	Point-in-time
Reclassification of warrant liability to equity upon initial public offering	`ReclassificationOfWarrantLiabilityToEquityUponInitialPublicOffering`	$-1.24M	USD	2 Qtrs
Transfers of inventory to property and equipment	`InventoryTransferToPropertyPlantAndEquipment`	$1.26M	USD	2 Qtrs
Transfers of inventory to property and equipment	`InventoryTransferToPropertyPlantAndEquipment`	$994.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$19.00K	USD	2 Qtrs
Offering costs included in accounts payable and accrued expenses	`OfferingCostsIncludedInAccountsPayableAndAccruedExpenses`	$1.38M	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Discounts and issuance costs of stock issued	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$5.97M	USD	1 Quarter
Balance	`StockholdersEquity`	$-199.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-168.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$-179.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$-192.24M	USD	Point-in-time
Balance	`StockholdersEquity`	$-173.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$71.16M	USD	Point-in-time
Conversion of convertible preferred stock into common stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfUnits`	$186.52M	USD	1 Quarter
Conversion of preferred stock warrants into common stock warrants upon initial public offering	`ConversionOfPreferredStockWarrantsIntoCommonStockWarrantsUponInitialPublicOffering`	$1.24M	USD	1 Quarter
Issuance of common stock in initial public offering, net of discounts and issuance costs of $5,966	`StockIssuedDuringPeriodValueNewIssues`	$91.40M	USD	1 Quarter
Issuance of common stock upon the exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.00K	USD	1 Quarter
Issuance of common stock upon the exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.00K	USD	1 Quarter
Issuance of common stock upon the exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.00K	USD	1 Quarter
Issuance of common stock upon the exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$220.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$34.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$57.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$27.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$34.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00K	USD	2 Qtrs
Unrealized gains on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.00K	USD	1 Quarter
Unrealized gains on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.00K	USD	2 Qtrs
Unrealized gains on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	1 Quarter
Unrealized gains on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	1 Quarter
Unrealized gains on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.02M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.09M	USD	2 Qtrs
Balance	`StockholdersEquity`	$-199.04M	USD	Point-in-time
Balance	`StockholdersEquity`	$-168.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$-179.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$-192.24M	USD	Point-in-time
Balance	`StockholdersEquity`	$-173.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$71.16M	USD	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.02M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.09M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$34.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00K	USD	2 Qtrs
Unrealized gains on marketable securities, net of tax of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.00K	USD	1 Quarter
Unrealized gains on marketable securities, net of tax of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.00K	USD	2 Qtrs
Unrealized gains on marketable securities, net of tax of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.00K	USD	1 Quarter
Unrealized gains on marketable securities, net of tax of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	1 Quarter
Unrealized gains on marketable securities, net of tax of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$43.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.02M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.11M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-16.05M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.19M	USD	1 Quarter

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