10-Q Filing

Zoom Communications, Inc. CIK: 1585521 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001585521-19-000059`
Period End Date	20191031
Filing Date	20191209
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	zm-20191031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 76 Cash Flow Statement 73 Stockholders Equity 33 Comprehensive Income 12

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.19M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.62M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$112.78M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$580.53M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowances of $5,193 and $2,071 as of October 31, 2019 and January 31, 2019, respectively	`AccountsReceivableNetCurrent`	$95.77M	USD	Point-in-time
Accounts receivable, net of allowances of $5,193 and $2,071 as of October 31, 2019 and January 31, 2019, respectively	`AccountsReceivableNetCurrent`	$63.61M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$39.61M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$26.45M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.25M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$72.62M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$276.72M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.02B	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$40.79M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$29.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.85M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.31M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$20.71M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$11.51M	USD	Point-in-time
Total assets	`Assets`	$354.56M	USD	Point-in-time
Total assets	`Assets`	$1.19B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.20M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$128.06M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$32.26M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$115.12M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$186.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$317.80M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$15.06M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$10.65M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$50.13M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$32.54M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$39.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$202.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$415.54M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 and 320,000,000 Class A shares authorized as of October 31, 2019 and January 31, 2019, respectively; 109,311,196 and zero shares issued and outstanding as of October 31, 2019 and January 31, 2019, respectively; 300,000,000 Class B shares authorized as of October 31, 2019 and January 31, 2019; 166,915,262 and 90,327,435 shares issued and outstanding as of October 31, 2019 and January 31, 2019, respectively	`CommonStockValue`	$275.00K	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 and 320,000,000 Class A shares authorized as of October 31, 2019 and January 31, 2019, respectively; 109,311,196 and zero shares issued and outstanding as of October 31, 2019 and January 31, 2019, respectively; 300,000,000 Class B shares authorized as of October 31, 2019 and January 31, 2019; 166,915,262 and 90,327,435 shares issued and outstanding as of October 31, 2019 and January 31, 2019, respectively	`CommonStockValue`	$89.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$786.78M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-135.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$651.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.15M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$743.80M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-18.61M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$772.52M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-21.48M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-26.67M	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.19B	USD	Point-in-time
Total liabilities, convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$354.56M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$434.41M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$224.72M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$166.59M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$90.12M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$82.85M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$41.48M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$30.84M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$16.84M	USD	1 Quarter
Gross profit	`GrossProfit`	$135.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$351.56M	USD	3 Qtrs
Gross profit	`GrossProfit`	$73.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$183.24M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$17.57M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$46.41M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$8.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$22.21M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$130.77M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$239.74M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$53.45M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$96.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.81M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.59M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$63.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$349.42M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$182.57M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$74.34M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$137.43M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-1.68M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-1.06M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$675.00K	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$2.14M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$6.75M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$3.23M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$477.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.38M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$214.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$128.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.92M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$978.00K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27M	USD	3 Qtrs
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-458.00K	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.53M	USD	1 Quarter
Net income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.82M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$378.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.85M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$140.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$319.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.97M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-598.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.21M	USD	1 Quarter
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	1 Quarter
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$2.49M	USD	3 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$1.89M	USD	3 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$4.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.21M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	-	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.47M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-598.00K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	273.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.20M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	219.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	241.51M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	292.77M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.97M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-598.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.21M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.63M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$46.53M	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$25.94M	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$14.36M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.59M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$4.84M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	-	USD	3 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$1.49M	USD	3 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$3.98M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$17.00K	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-1.58M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.77M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.89M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.45M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.44M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$32.88M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$50.82M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.12M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$369.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$53.48M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$22.64M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$52.58M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$76.58M	USD	3 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-4.72M	USD	3 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	-	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$35.34M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.34M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$629.11M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$49.16M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$164.14M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$43.55M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.12M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.13M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$3.00M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$3.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.73M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-496.10M	USD	3 Qtrs
Proceeds from initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOfferingAndPrivatePlacement`	$542.49M	USD	3 Qtrs
Proceeds from initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOfferingAndPrivatePlacement`	-	USD	3 Qtrs
Proceeds from international employee stock sales to be remitted to employees and tax authorities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$48.50M	USD	1 Quarter
Proceeds from international employee stock sales to be remitted to employees and tax authorities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	-	USD	3 Qtrs
Proceeds from international employee stock sales to be remitted to employees and tax authorities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$48.55M	USD	3 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$5.58M	USD	3 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$2.71M	USD	3 Qtrs
Proceeds from issuance of convertible debt, net	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from issuance of convertible debt, net	`ProceedsFromConvertibleDebt`	$15.00M	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$92.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$596.62M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.62M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$215.86M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$29.23M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$63.62M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.82M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.83M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.05M	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$743.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-18.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$772.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-21.48M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-26.67M	USD	Point-in-time
Conversion of convertible preferred stock to common stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$159.55M	USD	3 Qtrs
Conversion of convertible promissory notes and accrued interest to common stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertiblePromissoryNotesAndAccruedInterestToCommonStockUponInitialPublicOffering`	$15.34M	USD	3 Qtrs
Issuance of common stock upon initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`StockIssuedDuringPeriodValueNewIssues`	$541.50M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	17.01M	shares	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.85M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$730.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.41M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDurringPeriodValueIssuanceOfCommonStockUponExerciseOfStockOptionsNetOfRepurchases`	$6.02M	USD	3 Qtrs
Issuance of common stock reserved for charitable donations	`StockIssuedDuringPeriodValueCharitableDonation`	-	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.95M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.65M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.79M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.63M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$85.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$786.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$142.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$719.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.97M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-598.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.21M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$743.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-18.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$772.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-21.48M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-26.67M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.89M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.97M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-598.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.21M	USD	1 Quarter
Unrealized gain on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$786.00K	USD	3 Qtrs
Unrealized gain on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$85.00K	USD	1 Quarter
Unrealized gain on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$142.00K	USD	3 Qtrs
Unrealized gain on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$719.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.03M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.93M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$10.75M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-513.00K	USD	1 Quarter

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