10-Q Filing

REVOLUTION MEDICINES, INC. CIK: 1628171 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-043424`
Period End Date	20210630
Filing Date	20210811
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	rvmd-10q_20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 56 Cash Flow Statement 72 Stockholders Equity 42 Comprehensive Income 16

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.27M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$450.72M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$336.47M	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$6.53M	USD	Point-in-time
Accounts receivable	`AccountsReceivableGrossCurrent`	$6.39M	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.99M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$661.01M	USD	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	73.58M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	66.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$454.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.90M	USD	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	73.58M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	66.60M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$10.74M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$27.43M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$25.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$60.41M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$60.95M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Goodwill	`Goodwill`	$14.61M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.08M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.08M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$305.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$264.00K	USD	Point-in-time
Total assets	`Assets`	$774.05M	USD	Point-in-time
Total assets	`Assets`	$567.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.44M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$22.10M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$18.78M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$4.93M	USD	Point-in-time
Operating lease liability, current	`OperatingLeaseLiabilityCurrent`	$3.67M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$12.11M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$8.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$47.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.80M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$7.62M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$8.48M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.44M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$7.44M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$28.99M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$27.57M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$632.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$608.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$92.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$89.04M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; zero shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; zero shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; 73,576,989 and 66,599,748 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$7.00K	USD	Point-in-time
Common stock, $0.0001 par value; 300,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively; 73,576,989 and 66,599,748 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$8.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$740.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$116.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-265.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-347.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-152.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$474.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$360.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$685.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$385.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$722.58M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$774.05M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$567.40M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.03M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$18.83M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$21.57M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$32.92M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$60.38M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$45.94M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$86.79M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.26M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.97M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$100.76M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$53.23M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$70.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$38.01M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-44.53M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-27.98M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-49.07M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-81.93M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$469.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$236.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.64M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$730.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$40.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$19.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$12.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$236.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$457.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$711.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-81.47M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-47.47M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.27M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-58.00K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-733.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-27.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-46.73M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.52M	USD	1 Quarter
Redeemable convertible preferred stock dividends - undeclared and cumulative	`RedeemableConvertiblePreferredStockDividendsUndeclaredAndCumulative`	$2.22M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-48.95M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-44.30M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-81.47M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.21M	USD	1 Quarter
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.46	USD	1 Quarter
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.11	USD	2 Qtrs
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.13	USD	2 Qtrs
Net loss per share attributable to common stockholders - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.60	USD	1 Quarter
Weighted-average common shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	58.75M	shares	1 Quarter
Weighted-average common shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	73.40M	shares	1 Quarter
Weighted-average common shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	44.03M	shares	2 Qtrs
Weighted-average common shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	71.92M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-46.73M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-81.47M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$535.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$534.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$300.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.70M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.47M	USD	2 Qtrs
Net amortization (accretion) of premium (discount) on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.23M	USD	2 Qtrs
Net amortization (accretion) of premium (discount) on marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$18.00K	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortization`	$1.51M	USD	2 Qtrs
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortization`	$1.41M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.41M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$134.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.54M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.13M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-523.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-941.00K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.29M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$3.24M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.63M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.66M	USD	2 Qtrs
Deferred tax liability	`IncreaseDecreaseInDeferredIncomeTaxes`	$734.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.27M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-172.00K	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-274.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$127.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$56.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-71.33M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.01M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$392.27M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$305.20M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$107.06M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturityOfMarketableSecurities`	$276.69M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfMarketableSecurities`	$3.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.89M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.08M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.21M	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$281.14M	USD	2 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$252.30M	USD	2 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$812.00K	USD	2 Qtrs
Proceeds from issuance of common stock under equity incentive plans	`ProceedsFromStockPlans`	$113.00K	USD	2 Qtrs
Proceeds from issuance of common stock related to employee stock purchase plan	`ProceedsFromIssuanceOfCommonStockUnderEmployeeStockPurchasePlan`	$1.18M	USD	2 Qtrs
Repurchases of early exercised stock	`PaymentsForProceedsFromRepurchasesOfEarlyExercisedStock`	$5.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$283.13M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$252.41M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$91.33M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$8.19M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$196.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$25.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$196.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$105.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$195.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.27M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.08M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.68M	USD	Point-in-time
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$91.00K	USD	2 Qtrs
Vesting of early exercised options and restricted stock	`VestingOfEarlyExercisedOptionsAndRestrictedStock`	$80.00K	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$238.00K	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accrued expenses and other current liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$530.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$21.19M	USD	2 Qtrs
Unpaid deferred offering costs	`UnpaidDeferredOfferingCosts`	$241.00K	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-152.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$474.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$360.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$685.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$385.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$722.58M	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance, shares	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance, shares	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Conversion of redeemable convertible preferred stock into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$305.11M	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$555.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$86.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$257.00K	USD	1 Quarter
Issuance of common stock pursuant to stock option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$27.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.18M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$46.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$47.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$39.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalVestingOfEarlyExerciseOfStockOptions`	$34.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.39M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.02M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.31M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.57M	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-38.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$255.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	2 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$217.00K	USD	2 Qtrs
Net unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-46.73M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.52M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-152.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$474.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$360.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$685.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$385.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$722.58M	USD	Point-in-time
Redeemable convertible preferred stock, ending balance, shares	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, ending balance, shares	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-27.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.47M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-44.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-46.73M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-37.18M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.52M	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-38.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$255.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-107.00K	USD	2 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$217.00K	USD	2 Qtrs
Unrealized gain (loss) on investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-26.96M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.52M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.35M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-81.58M	USD	2 Qtrs

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