10-Q Filing

Strategy Inc CIK: 1050446 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001564590-22-017437`
Period End Date	20220331
Filing Date	20220503
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	mstr-10q_20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 39 Cash Flow Statement 64 Stockholders Equity 38 Comprehensive Income 14

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	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`	$92.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.36M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.26M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$126.93M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$189.28M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$246.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$267.96M	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$2.90B	USD	Point-in-time
Digital assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$2.85B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$35.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.59M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.68M	shares	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$64.64M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$66.76M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$15.82M	USD	Point-in-time
Deposits and other assets	`DepositsAndOtherAssets`	$18.18M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$377.28M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$319.78M	USD	Point-in-time
Total assets	`Assets`	$3.64B	USD	Point-in-time
Total assets	`Assets`	$3.56B	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$44.39M	USD	Point-in-time
Accounts payable, accrued expenses, and operating lease liabilities	`AccountsPayableAccruedExpensesAndOperatingLeaseLiabilitiesCurrent`	$46.08M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$54.55M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$43.73M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$10.54M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.49M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$209.86M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityCurrent`	$206.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$304.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$311.99M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.16B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.36B	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$8.09M	USD	Point-in-time
Deferred revenue and advance payments	`ContractWithCustomerLiabilityNoncurrent`	$8.24M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$73.96M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$76.61M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.22M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$109.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$109.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.73B	USD	Point-in-time
Treasury stock, at cost; 8,684 shares	`TreasuryStockValue`	$782.10M	USD	Point-in-time
Treasury stock, at cost; 8,684 shares	`TreasuryStockValue`	$782.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.54M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.55M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-89.31M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$41.44M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$446.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$863.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$978.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$77.42M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$461.31M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$365.04M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.64B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.56B	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$122.90M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$119.28M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$25.68M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$22.55M	USD	1 Quarter
Gross profit	`GrossProfit`	$100.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$93.60M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$38.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$33.24M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$33.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.73M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$194.09M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$170.09M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$263.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$283.50M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-169.96M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-183.15M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.40M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-11.04M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.23M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.26M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-184.28M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-178.77M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-48.02M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-74.26M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-299.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-110.02M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-89.98M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.14M	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-11.58	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-11.40	USD	1 Quarter
Weighted average shares outstanding used in computing basic loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	11.29M	shares	1 Quarter
Weighted average shares outstanding used in computing basic loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	9.65M	shares	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-11.58	USD	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-11.40	USD	1 Quarter
Weighted average shares outstanding used in computing diluted loss per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.29M	shares	1 Quarter
Weighted average shares outstanding used in computing diluted loss per share	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.65M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-110.02M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-130.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.78M	USD	1 Quarter
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.99M	USD	1 Quarter
Reduction in carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.09M	USD	1 Quarter
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$272.00K	USD	1 Quarter
Credit losses and sales allowances	`ProvisionForDoubtfulAccounts`	$-172.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-76.76M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-57.45M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$7.71M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$14.39M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$194.09M	USD	1 Quarter
Digital asset impairment losses	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$170.09M	USD	1 Quarter
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$2.13M	USD	1 Quarter
Amortization of issuance costs on long-term debt	`AmortizationOfFinancingCosts`	$1.17M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.77M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.18M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.84M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.92M	USD	1 Quarter
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$5.80M	USD	1 Quarter
Deposits and other assets	`IncreaseDecreaseInDepositOtherAssets`	$62.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.04M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.63M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.81M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.73M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$9.05M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.22M	USD	1 Quarter
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$47.61M	USD	1 Quarter
Deferred revenue and advance payments	`IncreaseDecreaseInContractWithCustomerLiability`	$48.90M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.46M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.38M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-25.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$90.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.68M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$215.50M	USD	1 Quarter
Purchases of digital assets	`PaymentsToAcquireIntangibleAssets`	$1.09B	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$447.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$641.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.09B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-216.14M	USD	1 Quarter
Proceeds from convertible senior notes	`ProceedsFromConvertibleDebt`	$1.05B	USD	1 Quarter
Proceeds from convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	1 Quarter
Proceeds from secured term loan, net of lender fees	`ProceedsFromIssuanceOfSecuredDebt`	$204.69M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.85M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$288.00K	USD	1 Quarter
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$495.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$207.29M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.05B	USD	1 Quarter
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.16M	USD	1 Quarter
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-324.00K	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$22.98M	USD	1 Quarter
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.51M	USD	1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$60.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$83.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.94M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$64.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$60.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$83.74M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.94M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$446.19M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$77.42M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$461.31M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$365.04M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-299.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-110.02M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-89.98M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.14M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$397.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-762.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$288.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.28M	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$244.00K	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.85M	USD	1 Quarter
Issuance of class A common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.27M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.81M	USD	1 Quarter
Issuance of class A common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.85M	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-501.00K	USD	1 Quarter
Issuance of class A common stock upon vesting of restricted stock units, net of withholding taxes	`StockIssuedDuringPeriodValueRestrictedStockUnitVestingNetOfWithholdingTaxes`	$-4.75M	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$399.47M	USD	1 Quarter
Issuance of class A common stock under public offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$590.99M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.21M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.09M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.88M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.85M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.87M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$446.19M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$863.00M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$978.96M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$77.42M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$461.31M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$365.04M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-299.35M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-110.02M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-89.98M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-130.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.14M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.84M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.01M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$397.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.84M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.46M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-762.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-132.76M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-111.86M	USD	1 Quarter

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