10-Q Filing

Everpure, Inc. CIK: 1474432 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001628280-16-022007`
Period End Date	20161031
Filing Date	20161213
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	pstg-20161031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 76 Cash Flow Statement 72 Comprehensive Income 12

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$573.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$192.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.74M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	-	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$365.79M	USD	Point-in-time
Accounts receivable, net of allowance of $944 and $2,414 as of January 31, 2016 and October 31, 2016	`AccountsReceivableNetCurrent`	$163.04M	USD	Point-in-time
Accounts receivable, net of allowance of $944 and $2,414 as of January 31, 2016 and October 31, 2016	`AccountsReceivableNetCurrent`	$126.32M	USD	Point-in-time
Inventory	`InventoryNet`	$20.65M	USD	Point-in-time
Inventory	`InventoryNet`	$20.11M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$944.00K	USD	Point-in-time
Deferred commissions, current	`DeferredCommissionsCurrent`	$14.30M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.41M	USD	Point-in-time
Deferred commissions, current	`DeferredCommissionsCurrent`	$15.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.76M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.65M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$734.45M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$788.07M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.63M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$82.09M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$6.94M	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
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$6.98M	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred income taxes, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.07M	USD	Point-in-time
Deferred income taxes, non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$536.00K	USD	Point-in-time
Common stock, par value per share (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.25B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.25B	shares	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$22.57M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$29.59M	USD	Point-in-time
Total assets	`Assets`	$870.78M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	199.68M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	190.51M	shares	Point-in-time
Total assets	`Assets`	$854.14M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	199.68M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	190.51M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.41M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$29.14M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$32.99M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$14.08M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$20.55M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$94.51M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$134.54M	USD	Point-in-time
Liability related to early exercised stock options	`LiabilityRelatedToEarlyExercisedStockOptions`	$4.76M	USD	Point-in-time
Liability related to early exercised stock options	`LiabilityRelatedToEarlyExercisedStockOptions`	$3.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$231.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$184.53M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$121.69M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$141.85M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$1.21M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$307.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$376.37M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.0001 per share 20,000 shares authorized as of January 31, 2016 and October 31, 2016; no shares issued and outstanding as of January 31, 2016 and October 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value of $0.0001 per share 20,000 shares authorized as of January 31, 2016 and October 31, 2016; no shares issued and outstanding as of January 31, 2016 and October 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Class A and Class B common stock, par value of $0.0001 per share 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized as of January 31, 2016 and October 31, 2016; 190,509 (Class A 28,769, Class B 161,740) and 199,678 (Class A 75,320, Class B 124,358) shares issued and outstanding as of January 31, 2016 and October 31, 2016	`CommonStockValue`	$20.00K	USD	Point-in-time
Class A and Class B common stock, par value of $0.0001 per share 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized as of January 31, 2016 and October 31, 2016; 190,509 (Class A 28,769, Class B 161,740) and 199,678 (Class A 75,320, Class B 124,358) shares issued and outstanding as of January 31, 2016 and October 31, 2016	`CommonStockValue`	$19.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.12B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$298.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-759.57M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-555.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$477.76M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$563.35M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$854.14M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$870.78M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$160.52M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$403.18M	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$248.38M	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$113.57M	USD	1 Quarter
Support	`SalesRevenueServicesNet`	$36.43M	USD	1 Quarter
Support	`SalesRevenueServicesNet`	$17.79M	USD	1 Quarter
Support	`SalesRevenueServicesNet`	$96.94M	USD	3 Qtrs
Support	`SalesRevenueServicesNet`	$41.72M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$500.12M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$131.36M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$196.96M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$290.10M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$131.62M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$54.73M	USD	1 Quarter
Product	`CostOfGoodsSold`	$41.99M	USD	1 Quarter
Product	`CostOfGoodsSold`	$92.35M	USD	3 Qtrs
Support	`CostOfServices`	$9.06M	USD	1 Quarter
Support	`CostOfServices`	$41.53M	USD	3 Qtrs
Support	`CostOfServices`	$14.60M	USD	1 Quarter
Support	`CostOfServices`	$23.48M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$115.83M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$69.32M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$51.05M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$173.15M	USD	3 Qtrs
Gross profit	`GrossProfit`	$127.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$326.97M	USD	3 Qtrs
Gross profit	`GrossProfit`	$80.31M	USD	1 Quarter
Gross profit	`GrossProfit`	$174.28M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$112.94M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$43.06M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$61.61M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$173.19M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$63.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$91.39M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$262.07M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$171.65M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$64.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$22.81M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.02M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$56.94M	USD	3 Qtrs
Legal settlement	`LitigationSettlementAmount`	-	USD	1 Quarter
Legal settlement	`LitigationSettlementAmount`	$-30.00M	USD	3 Qtrs
Legal settlement	`LitigationSettlementAmount`	$-30.00M	USD	1 Quarter
Legal settlement	`LitigationSettlementAmount`	-	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$341.52M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$205.81M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$135.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$529.28M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-202.31M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-167.25M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-55.58M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-78.18M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-192.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.13M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-171.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-1.25M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-78.37M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-201.18M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-55.75M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-168.49M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$441.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$967.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$965.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$751.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-78.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-169.46M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-202.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-56.50M	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.40	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.76	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-3.60	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.05	USD	3 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	195.81M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	47.11M	shares	3 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	74.56M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	192.64M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-78.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-169.46M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-202.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-56.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$35.98M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$79.13M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$36.20M	USD	3 Qtrs
Contribution of common stock to Pure Good Foundation	`ContributionOfCommonStockToPureGoodFoundation`	$11.90M	USD	3 Qtrs
Contribution of common stock to Pure Good Foundation	`ContributionOfCommonStockToPureGoodFoundation`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.05M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$53.09M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$38.19M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.42M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$189.00K	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCommissions`	$-1.84M	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCommissions`	$8.47M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-39.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.06M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.22M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.64M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedCompensationAndOtherLiabilities`	$17.22M	USD	3 Qtrs
Accrued compensation and other liabilities	`IncreaseDecreaseInAccruedCompensationAndOtherLiabilities`	$6.79M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$87.99M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$60.18M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-51.88M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-49.87M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$64.60M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.50M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.00M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$483.56M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$79.81M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$38.21M	USD	3 Qtrs
Net increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$2.48M	USD	3 Qtrs
Net increase in restricted cash	`IncreaseDecreaseInRestrictedCash`	$5.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-436.73M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-31.98M	USD	3 Qtrs
Proceeds from initial public offering, net	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from initial public offering, net	`ProceedsFromIssuanceInitialPublicOffering`	$459.43M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.71M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$10.72M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$25.61M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	-	USD	3 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$1.69M	USD	3 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$462.44M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$36.33M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$380.60M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-452.28M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$152.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$573.31M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$192.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$604.74M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$152.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$573.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$192.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$604.74M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$2.51M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$820.00K	USD	3 Qtrs
Conversion of convertible preferred stock to common stock upon initial public offering	`ConversionOfStockAmountConverted1`	$543.94M	USD	3 Qtrs
Conversion of convertible preferred stock to common stock upon initial public offering	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$1.75M	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$5.96M	USD	3 Qtrs
Vesting of early exercised stock options	`VestingOfEarlyExercisedStockOptions`	$794.00K	USD	3 Qtrs
Vesting of early exercised stock options	`VestingOfEarlyExercisedStockOptions`	$1.54M	USD	3 Qtrs
Unpaid deferred offering costs	`UnpaidDeferredOfferingCosts`	-	USD	3 Qtrs
Unpaid deferred offering costs	`UnpaidDeferredOfferingCosts`	$2.75M	USD	3 Qtrs

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-78.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-169.46M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-202.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-56.50M	USD	1 Quarter
Change in unrealized net gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$298.00K	USD	3 Qtrs
Change in unrealized net gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized net gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-554.00K	USD	1 Quarter
Change in unrealized net gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-56.50M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-79.37M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-201.85M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-169.46M	USD	3 Qtrs

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