10-Q Filing

THEREALREAL, INC. CIK: 1573221 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-038463`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	real-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 71 Cash Flow Statement 78 Stockholders Equity 44 Comprehensive Income 14

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	87.35M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$53.31M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	85.87M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$304.35M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$208.81M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	87.35M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	85.87M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$105.93M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$6.31M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$7.78M	USD	Point-in-time
Inventory, net	`InventoryNet`	$23.60M	USD	Point-in-time
Inventory, net	`InventoryNet`	$20.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$408.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$452.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$60.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$55.83M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$110.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.01M	USD	Point-in-time
Total assets	`Assets`	$466.93M	USD	Point-in-time
Total assets	`Assets`	$634.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.16M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$34.88M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$52.82M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$15.04M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.80M	USD	Point-in-time
Other accrued and current liabilities	`OtherAccruedAndCurrentLiabilities`	$54.57M	USD	Point-in-time
Other accrued and current liabilities	`OtherAccruedAndCurrentLiabilities`	$46.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.55M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$106.20M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$115.61M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$146.96M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$9.46M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$128.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$366.16M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.00001 par value; 500,000,000 shares authorized as of June 30, 2020 and December 31, 2019; 87,348,241 and 85,872,320 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000,000 shares authorized as of June 30, 2020 and December 31, 2019; 87,348,241 and 85,872,320 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$693.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$703.19M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$401.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-354.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-435.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-306.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-257.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$267.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-280.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$306.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$338.93M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$634.06M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$466.93M	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$142.79M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$72.21M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$135.63M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$57.39M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$21.62M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$54.36M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$50.66M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$26.16M	USD	1 Quarter
Gross profit	`GrossProfit`	$46.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$88.43M	USD	2 Qtrs
Gross profit	`GrossProfit`	$35.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.97M	USD	2 Qtrs
Marketing	`MarketingExpense`	$9.64M	USD	1 Quarter
Marketing	`MarketingExpense`	$11.71M	USD	1 Quarter
Marketing	`MarketingExpense`	$22.56M	USD	2 Qtrs
Marketing	`MarketingExpense`	$23.45M	USD	2 Qtrs
Operations and technology	`OperationsAndTechnologyExpense`	$65.86M	USD	2 Qtrs
Operations and technology	`OperationsAndTechnologyExpense`	$34.32M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$36.54M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$77.28M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.56M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.36M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$47.67M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$67.66M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$167.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$78.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$71.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$136.99M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-82.54M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.34M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-48.55M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-42.97M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.01M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.90M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$610.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$616.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$380.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$404.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$384.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$511.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.99M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-89.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.71M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-97.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.82M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.84M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-50.04M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-81.13M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$59.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$59.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-23.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.10M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-81.18M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.88M	USD	1 Quarter
Accretion of redeemable convertible preferred stock to redemption value	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$3.35M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-53.45M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-26.88M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.89M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-81.18M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.94	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-5.87	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.49	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.83	USD	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	87.06M	shares	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	86.83M	shares	2 Qtrs
Shares used to compute net loss per share attributable to common stockholders, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.10M	shares	2 Qtrs
Shares used to compute net loss per share attributable to common stockholders, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.49M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-50.10M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-81.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.99M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.76M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.40M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.54M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`ReductionOfOperatingLeaseRightOfUseAssets`	$8.06M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$681.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$474.00K	USD	2 Qtrs
Compensation expense related to stock sales by current and former employees	`CompensationExpenseRelatedToStockSalesByCurrentAndFormerEmployees`	$819.00K	USD	2 Qtrs
Change in fair value of convertible preferred stock warrant liability	`ChangeInFairValueOfConvertiblePreferredStockWarrantLiability`	$2.10M	USD	2 Qtrs
Accretion of unconditional endowment grant liability	`AccretionOfUnconditionalEndowmentGrantLiability`	$44.00K	USD	2 Qtrs
Accretion of unconditional endowment grant liability	`AccretionOfUnconditionalEndowmentGrantLiability`	$27.00K	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$9.00K	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$169.00K	USD	2 Qtrs
Amortization of premiums (discounts) on short-term investments	`AmortizationOfPremiumsDiscountsOnShortTermInvestments`	$-42.00K	USD	2 Qtrs
Amortization of premiums (discounts) on short-term investments	`AmortizationOfPremiumsDiscountsOnShortTermInvestments`	$251.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.63M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-993.00K	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$-2.89M	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$2.31M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.32M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$867.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$394.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-411.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$4.84M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.53M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$157.00K	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-1.85M	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-17.94M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-5.62M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.74M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-410.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$672.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-86.58M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.17M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$9.15M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$73.28M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$22.90M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$176.80M	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$3.78M	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$3.89M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.04M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.86M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$88.88M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.00K	USD	2 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$43.49M	USD	2 Qtrs
Proceeds from issuance of convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$26.28M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	$166.31M	USD	2 Qtrs
Purchase of capped calls	`PurchaseOfCappedCalls`	$22.55M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$22.55M	USD	2 Qtrs
Proceeds from exercise of stock options and common stock warrants	`ProceedsFromStockOptionsExercisedAndCommonStockWarrants`	$4.35M	USD	2 Qtrs
Proceeds from exercise of stock options and common stock warrants	`ProceedsFromStockOptionsExercisedAndCommonStockWarrants`	$1.77M	USD	2 Qtrs
Payment of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$3.06M	USD	2 Qtrs
Taxes paid related to restricted stock vesting	`PaymentsRelatedToTaxWithholdingForRestrictedStockVesting`	$521.00K	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$2.75M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$65.74M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$147.60M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.39M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$149.90M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$304.35M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.63M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$154.45M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.01M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$304.35M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$45.63M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$154.45M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.01M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$219.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$141.00K	USD	2 Qtrs
Accretion of redeemable convertible preferred stock to redemption value	`AccretionOfRedeemableConvertiblePreferredStockToRedemptionValue`	$3.35M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and other accrued and current liabilities	`PurchaseOfPropertyAndEquipmentIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities`	$-2.39M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and other accrued and current liabilities	`PurchaseOfPropertyAndEquipmentIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities`	$-837.00K	USD	2 Qtrs
Purchases of capitalized proprietary software development costs included in accounts payable and other accrued and current liabilities	`PurchasesOfCapitalizedProprietarySoftwareDevelopmentCostsIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities`	$632.00K	USD	2 Qtrs
Deferred offering costs in accounts payable and accrued liabilities	`DeferredOfferingCostsInAccountsPayableAndAccruedLiabilities`	$2.22M	USD	2 Qtrs
Issuance costs associated with issuance of convertible senior notes included in other accrued and current liabilities	`IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities`	$505.00K	USD	2 Qtrs
Tax withholding liability for restricted stock	`TaxWithholdingLiabilityForRestrictedStock`	$83.00K	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-306.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-257.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$267.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-280.98M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$306.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$338.93M	USD	Point-in-time
Beginning balance, shares	`TemporaryEquitySharesOutstanding`	114.96M	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$367.41M	USD	Point-in-time
Accretion of redeemable convertible preferred stock to redemption value	`AccretionOfRedeemableConvertiblePreferredStockToRedemptionValueAdjustments`	$-3.35M	USD	1 Quarter
Compensation expense related to stock sales by current and former employees	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRelatedToStockSalesByCurrentEmployees`	$819.00K	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$423.00K	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.79M	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.56M	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.32M	USD	1 Quarter
Issuance of common stock upon exercise of warrants	`StockIssuedDuringPeriodValueWarrantExercised`	$13.00K	USD	1 Quarter
Issuance of common stock upon exercise of warrants	`StockIssuedDuringPeriodValueWarrantExercised`	$20.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueCommonStockUponVestingOfRestrictedStockUnitsNetOfSharesWithheldForEmployeeTaxes`	$-151.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueCommonStockUponVestingOfRestrictedStockUnitsNetOfSharesWithheldForEmployeeTaxes`	$-453.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.13M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.29M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.41M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.11M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$22.55M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$22.55M	USD	2 Qtrs
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$800.00K	USD	Point-in-time
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$19.02M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$28.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$314.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$80.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.10M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-81.18M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.88M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-306.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-257.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$267.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-280.98M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$306.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$338.93M	USD	Point-in-time
Ending balance, shares	`TemporaryEquitySharesOutstanding`	114.96M	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$367.41M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-23.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-42.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-50.10M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-81.18M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-26.88M	USD	1 Quarter
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$80.00K	USD	1 Quarter
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$30.00K	USD	2 Qtrs
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$2.00K	USD	1 Quarter
Unrealized gain on investments	`UnrealizedGainLossOnInvestments`	$394.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-80.79M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-50.07M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-26.87M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.81M	USD	1 Quarter

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