10-Q Filing

THEREALREAL, INC. CIK: 1573221 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001573221-21-000125`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	real-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 76 Cash Flow Statement 84 Stockholders Equity 36 Comprehensive Income 14

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$350.85M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	91.46M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$491.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	89.30M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$4.02M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	91.46M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	89.30M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.21M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$5.81M	USD	Point-in-time
Inventory	`InventoryNet`	$42.32M	USD	Point-in-time
Inventory	`InventoryNet`	$59.08M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.63M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$421.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$574.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$63.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$78.16M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$141.36M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.05M	USD	Point-in-time
Total assets	`Assets`	$605.11M	USD	Point-in-time
Total assets	`Assets`	$796.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.53M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$57.05M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$55.03M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$15.61M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$15.00M	USD	Point-in-time
Other accrued and current liabilities	`OtherLiabilitiesCurrent`	$61.86M	USD	Point-in-time
Other accrued and current liabilities	`OtherLiabilitiesCurrent`	$76.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$148.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$160.85M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$139.42M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$115.08M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$340.19M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$149.19M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.28M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$642.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$413.82M	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, 2021 and December 31, 2020; 91,459,505 and 89,301,664 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 91,459,505 and 89,301,664 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$813.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$723.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-532.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-658.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$304.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$209.91M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$154.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$337.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$191.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$265.91M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$796.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$605.11M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$57.29M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$203.73M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$135.32M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$104.91M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$81.98M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$41.50M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$21.62M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$50.66M	USD	2 Qtrs
Gross profit	`GrossProfit`	$121.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$63.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.66M	USD	2 Qtrs
Gross profit	`GrossProfit`	$35.67M	USD	1 Quarter
Marketing	`MarketingExpense`	$9.64M	USD	1 Quarter
Marketing	`MarketingExpense`	$28.67M	USD	2 Qtrs
Marketing	`MarketingExpense`	$13.11M	USD	1 Quarter
Marketing	`MarketingExpense`	$22.56M	USD	2 Qtrs
Operations and technology	`OperationsAndTechnologyExpense`	$36.54M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$59.84M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$77.28M	USD	2 Qtrs
Operations and technology	`OperationsAndTechnologyExpense`	$111.77M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.26M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$87.59M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.56M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$66.55M	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	$1.11M	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	$11.29M	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	-	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	$11.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$78.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$128.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$239.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$167.50M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-43.07M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-117.57M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-82.85M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-64.80M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$107.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.90M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$194.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$616.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$384.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$404.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$17.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-89.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-97.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-81.44M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-70.70M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-126.66M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.94M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$27.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-81.49M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.99M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-126.72M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-70.72M	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.94	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.49	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.78	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.40	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.40	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.78	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.94	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.49	USD	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.56M	shares	2 Qtrs
Shares used to compute net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	91.06M	shares	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	86.83M	shares	2 Qtrs
Shares used to compute net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	87.06M	shares	1 Quarter
Weighted-average common shares outstanding used to calculate net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.83M	shares	2 Qtrs
Weighted-average common shares outstanding used to calculate net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.56M	shares	2 Qtrs
Weighted-average common shares outstanding used to calculate net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	87.06M	shares	1 Quarter
Weighted-average common shares outstanding used to calculate net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.06M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-38.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.49M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-42.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.76M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.81M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$23.73M	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
Reduction of operating lease right-of-use assets	`ReductionOfOperatingLeaseRightOfUseAssets`	$9.79M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$482.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$474.00K	USD	2 Qtrs
Accrued interest on convertible notes	`AccruedInterestOnConvertibleNotes`	-	USD	2 Qtrs
Accrued interest on convertible notes	`AccruedInterestOnConvertibleNotes`	$894.00K	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$169.00K	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$5.80M	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	$46.00K	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	$-224.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-993.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-923.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-3.20M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$16.76M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.32M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$633.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$766.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$394.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$4.84M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$8.07M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.53M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.87M	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-17.94M	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-2.02M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$14.62M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-5.62M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-410.00K	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$418.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-88.32M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-86.58M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$73.28M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$4.00M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$176.80M	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$4.82M	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$3.78M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.64M	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`	$-21.46M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.76M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.35M	USD	2 Qtrs
Proceeds from issuance of Employee Stock Purchase Program	`ProceedsFromStockPlans`	$1.09M	USD	2 Qtrs
Proceeds from issuance of Employee Stock Purchase Program	`ProceedsFromStockPlans`	-	USD	2 Qtrs
Taxes paid related to restricted stock vesting	`PaymentsRelatedToTaxWithholdingForRestrictedStockVesting`	-	USD	2 Qtrs
Taxes paid related to restricted stock vesting	`PaymentsRelatedToTaxWithholdingForRestrictedStockVesting`	$521.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$250.58M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$147.60M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$149.90M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$140.80M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.45M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.35M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$491.65M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$350.85M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$154.45M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.35M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$491.65M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$350.85M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.60M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$82.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Property and equipment additions not yet paid in cash	`CapitalExpendituresIncurredButNotYetPaid`	$648.00K	USD	2 Qtrs
Property and equipment additions not yet paid in cash	`CapitalExpendituresIncurredButNotYetPaid`	$2.55M	USD	2 Qtrs
Capitalized proprietary software development costs additions not yet paid in cash	`CapitalizedProprietarySoftwareDevelopmentCostsAdditionsNotYetPaidInCash`	$610.00K	USD	2 Qtrs
Capitalized proprietary software development costs additions not yet paid in cash	`CapitalizedProprietarySoftwareDevelopmentCostsAdditionsNotYetPaidInCash`	$632.00K	USD	2 Qtrs
Issuance costs associated with issuance of 2025 and 2028 convertible senior notes included in other accrued and current liabilities	`IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities`	$630.00K	USD	2 Qtrs
Issuance costs associated with issuance of 2025 and 2028 convertible senior notes included in other accrued and current liabilities	`IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities`	$505.00K	USD	2 Qtrs
Stock-based compensation capitalized to proprietary software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$765.00K	USD	2 Qtrs
Stock-based compensation capitalized to proprietary software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	2 Qtrs
Stock-based compensation capitalized to proprietary software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$400.00K	USD	1 Quarter
Stock-based compensation capitalized to proprietary software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	1 Quarter
Tax withholding liability for restricted stock	`TaxWithholdingLiabilityForRestrictedStock`	-	USD	2 Qtrs
Tax withholding liability for restricted stock	`TaxWithholdingLiabilityForRestrictedStock`	$83.00K	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$304.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$209.91M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$154.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$337.25M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$191.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$265.91M	USD	Point-in-time
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.79M	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.97M	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$786.00K	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.56M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-151.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-453.00K	USD	1 Quarter
Issuance of common stock for exercises under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.09M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.22M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.13M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.28M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.41M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$33.67M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$22.55M	USD	1 Quarter
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$93.03M	USD	1 Quarter
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$19.02M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$80.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$314.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.49M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-42.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$304.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$209.91M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$154.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$337.25M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$191.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$265.91M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-38.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-81.49M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-42.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	$80.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	$-11.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gain (loss) on investments	`UnrealizedGainLossOnInvestments`	$394.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.91M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-81.10M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-70.72M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.73M	USD	2 Qtrs

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