10-Q Filing

THEREALREAL, INC. CIK: 1573221 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001573221-22-000099`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	real-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 77 Cash Flow Statement 86 Stockholders Equity 36 Comprehensive Income 14

Balance Sheet 60 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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	92.96M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$418.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$315.89M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	95.53M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.77M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	92.96M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	95.53M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$6.36M	USD	Point-in-time
Inventory, net	`InventoryNet`	$74.03M	USD	Point-in-time
Inventory, net	`InventoryNet`	$71.02M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$417.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$517.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$92.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$89.29M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$135.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$145.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.54M	USD	Point-in-time
Total assets	`Assets`	$754.94M	USD	Point-in-time
Total assets	`Assets`	$648.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.05M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$64.44M	USD	Point-in-time
Accrued consignor payable	`AccruedLiabilitiesCurrent`	$71.04M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$18.25M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$19.97M	USD	Point-in-time
Other accrued and current liabilities	`OtherLiabilitiesCurrent`	$94.19M	USD	Point-in-time
Other accrued and current liabilities	`OtherLiabilitiesCurrent`	$79.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$187.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$172.20M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$143.16M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$133.04M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$348.38M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$448.31M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.99M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$755.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$681.82M	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, 2022 and December 31, 2021; 95,525,577 and 92,960,066 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 95,525,577 and 92,960,066 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$841.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$758.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-768.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-865.28M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$209.91M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$191.29M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-69.32M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$154.28M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-107.11M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$73.13M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$754.94M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$648.41M	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$154.44M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$203.73M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$104.91M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$301.13M	USD	2 Qtrs
Cost of Revenue	`CostOfRevenue`	$41.50M	USD	1 Quarter
Cost of Revenue	`CostOfRevenue`	$66.75M	USD	1 Quarter
Cost of Revenue	`CostOfRevenue`	$81.98M	USD	2 Qtrs
Cost of Revenue	`CostOfRevenue`	$134.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$121.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$87.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$166.30M	USD	2 Qtrs
Gross profit	`GrossProfit`	$63.41M	USD	1 Quarter
Marketing	`MarketingExpense`	$13.11M	USD	1 Quarter
Marketing	`MarketingExpense`	$34.96M	USD	2 Qtrs
Marketing	`MarketingExpense`	$28.67M	USD	2 Qtrs
Marketing	`MarketingExpense`	$17.00M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$69.43M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$59.84M	USD	1 Quarter
Operations and technology	`OperationsAndTechnologyExpense`	$111.77M	USD	2 Qtrs
Operations and technology	`OperationsAndTechnologyExpense`	$136.53M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$100.20M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$52.24M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$87.59M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$44.26M	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	-	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	$11.00M	USD	Annual
Legal settlement	`LitigationSettlementExpense`	$304.00K	USD	2 Qtrs
Legal settlement	`LitigationSettlementExpense`	$11.00M	USD	1 Quarter
Legal settlement	`LitigationSettlementExpense`	$11.29M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$138.67M	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`	$271.99M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-64.80M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-105.69M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-50.98M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-117.57M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$194.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$107.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$260.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$358.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.34M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.67M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$17.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$127.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$266.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-126.66M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-53.13M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-70.70M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-110.54M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-126.72M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-53.16M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-70.72M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-110.58M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.17	USD	2 Qtrs
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, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.78	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	1 Quarter
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`	$-1.17	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.78	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`	94.19M	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`	94.90M	shares	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.19M	shares	2 Qtrs
Shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.90M	shares	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.06M	shares	1 Quarter
Shares used to compute net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.56M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-110.58M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-53.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.06M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$23.73M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$26.18M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`ReductionOfOperatingLeaseRightOfUseAssets`	$9.79M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`ReductionOfOperatingLeaseRightOfUseAssets`	$9.67M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$482.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$680.00K	USD	2 Qtrs
Accrued interest on convertible notes	`AccruedInterestOnConvertibleNotes`	$894.00K	USD	2 Qtrs
Accrued interest on convertible notes	`AccruedInterestOnConvertibleNotes`	-	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$1.29M	USD	2 Qtrs
Accretion of debt discounts and issuance costs	`AccretionOfDebtDiscountsAndIssuanceCosts`	$5.80M	USD	2 Qtrs
Loss on disposal/sale of property and equipment and impairment of capitalized proprietary software	`GainLossOnDispositionOfPropertyPlantEquipmentAndImpairmentOfSoftware`	-	USD	2 Qtrs
Loss on disposal/sale of property and equipment and impairment of capitalized proprietary software	`GainLossOnDispositionOfPropertyPlantEquipmentAndImpairmentOfSoftware`	$-229.00K	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	$46.00K	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-923.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-723.00K	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$16.76M	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$3.02M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$633.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-238.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$766.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$351.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.07M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.39M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.57M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.87M	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-6.60M	USD	2 Qtrs
Accrued consignor payable	`IncreaseDecreaseInAccruedConsignorPayable`	$-2.02M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-14.42M	USD	2 Qtrs
Other accrued and current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$14.62M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-184.00K	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`	$-87.90M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$4.00M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	-	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$6.62M	USD	2 Qtrs
Capitalized proprietary software development costs	`PaymentsForSoftware`	$4.82M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.60M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.46M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.22M	USD	2 Qtrs
Proceeds from issuance of 2028 convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from issuance of 2028 convertible senior notes, net of issuance costs	`ProceedsFromConvertibleDebt`	$278.40M	USD	2 Qtrs
Purchase of capped calls in conjunction with the issuance of the 2028 convertible senior notes	`PaymentForPurchaseOfCappedCalls`	-	USD	2 Qtrs
Purchase of capped calls in conjunction with the issuance of the 2028 convertible senior notes	`PaymentForPurchaseOfCappedCalls`	$33.67M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.76M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$965.00K	USD	2 Qtrs
Proceeds from issuance of stock in connection with the Employee Stock Purchase Program	`ProceedsFromStockPlans`	$900.00K	USD	2 Qtrs
Proceeds from issuance of stock in connection with the Employee Stock Purchase Program	`ProceedsFromStockPlans`	$1.09M	USD	2 Qtrs
Taxes paid related to restricted stock vesting	`PaymentsRelatedToTaxWithholdingForRestrictedStockVesting`	-	USD	2 Qtrs
Taxes paid related to restricted stock vesting	`PaymentsRelatedToTaxWithholdingForRestrictedStockVesting`	$23.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.84M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$250.58M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-102.28M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$140.80M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.89M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$491.65M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$418.17M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$350.85M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$315.89M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$491.65M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$418.17M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$350.85M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.60M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$4.04M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$256.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$82.00K	USD	2 Qtrs
Property and equipment additions not yet paid in cash	`CapitalExpendituresIncurredButNotYetPaid`	$2.55M	USD	2 Qtrs
Property and equipment additions not yet paid in cash	`CapitalExpendituresIncurredButNotYetPaid`	$1.35M	USD	2 Qtrs
Capitalized proprietary software development costs additions not yet paid in cash	`CapitalizedProprietarySoftwareDevelopmentCostsAdditionsNotYetPaidInCash`	$2.21M	USD	2 Qtrs
Capitalized proprietary software development costs additions not yet paid in cash	`CapitalizedProprietarySoftwareDevelopmentCostsAdditionsNotYetPaidInCash`	$610.00K	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`	-	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`	$400.00K	USD	1 Quarter
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`	$949.00K	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Equity component of convertible senior notes, issuance costs	`EquityComponentOfConvertibleDebtIssuanceCosts`	$3.13M	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$209.91M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$191.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-69.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$154.28M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-107.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$73.13M	USD	Point-in-time
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$637.00K	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`	$3.97M	USD	1 Quarter
Issuance of common stock upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$328.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-23.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.00K	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Issuance of common stock for exercises under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.09M	USD	1 Quarter
Issuance of common stock for exercises under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$900.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.16M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.28M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.22M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.96M	USD	1 Quarter
Purchase of capped calls	`PurchaseOfCappedCalls`	$33.67M	USD	1 Quarter
Equity component of convertible senior notes, net of issuance costs of $3,131	`AdjustmentToAdditionalPaidInCapitalConvertibleDebtInstrumentIssuedAtSubstantialPremium`	$93.03M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-110.58M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-53.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$209.91M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$191.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-69.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$154.28M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-107.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$73.13M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-110.58M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-53.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-126.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-70.72M	USD	1 Quarter
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	$-11.00K	USD	2 Qtrs
Unrealized loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-53.16M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.73M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-110.58M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-70.72M	USD	1 Quarter

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