10-Q Filing

ProPetro Holding Corp. CIK: 1680247 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001680247-17-000050`
Period End Date	20170630
Filing Date	20170811
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	pump-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 73 Cash Flow Statement 79 Stockholders Equity 16

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$552.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$512.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.18M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Accounts receivable - net of allowance for doubtful accounts of $512 and $552, respectively	`AccountsReceivableNetCurrent`	$147.82M	USD	Point-in-time
Accounts receivable - net of allowance for doubtful accounts of $512 and $552, respectively	`AccountsReceivableNetCurrent`	$115.18M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	17.00M	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$4.71M	USD	Point-in-time
Inventories	`InventoryNet`	$4.82M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	17.00M	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.61M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.93M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	290.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.69M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.68M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	52.63M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	83.04M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$264.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$188.37M	USD	Point-in-time
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$263.86M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	83.04M	shares	Point-in-time
PROPERTY AND EQUIPMENT - Net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$360.31M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	52.63M	shares	Point-in-time
Goodwill	`Goodwill`	$10.60M	USD	Point-in-time
Goodwill	`Goodwill`	$9.43M	USD	Point-in-time
Goodwill	`Goodwill`	$9.43M	USD	Point-in-time
Intangible assets - net of amortization	`IntangibleAssetsNetExcludingGoodwill`	$589.00K	USD	Point-in-time
Intangible assets - net of amortization	`IntangibleAssetsNetExcludingGoodwill`	$445.00K	USD	Point-in-time
Deferred revenue rebate - net of amortization	`DeferredRevenueRebateNoncurrent`	$2.46M	USD	Point-in-time
Deferred revenue rebate - net of amortization	`DeferredRevenueRebateNoncurrent`	$1.54M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$304.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.83M	USD	Point-in-time
Total other noncurrent assets	`AssetsExcludingPropertyPlantAndEquipmentNoncurrent`	$12.78M	USD	Point-in-time
Total other noncurrent assets	`AssetsExcludingPropertyPlantAndEquipmentNoncurrent`	$13.24M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$541.42M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$561.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$129.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$155.96M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.34M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.34M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$16.92M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$109.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$159.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$170.63M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$1.26M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredTaxLiabilitiesNoncurrent`	$1.15M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$159.41M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$10.21M	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$122.00K	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$117.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$182.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$320.41M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 30,000,000 shares authorized, 0 and 16,999,990 shares issued, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 30,000,000 shares authorized, 0 and 16,999,990 shares issued, respectively	`PreferredStockValue`	$17.00K	USD	Point-in-time
Preferred stock, additional paid-in capital	`AdditionalPaidInCapitalPreferredStock`	-	USD	Point-in-time
Preferred stock, additional paid-in capital	`AdditionalPaidInCapitalPreferredStock`	$162.49M	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 83,039,854 and 52,627,652 shares issued, respectively	`CommonStockValue`	$53.00K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 83,039,854 and 52,627,652 shares issued, respectively	`CommonStockValue`	$83.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$605.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$265.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-206.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-226.34M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$379.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$221.01M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$561.92M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$541.42M	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
REVENUE - Service revenue	`RevenueOilAndGasServices`	$213.49M	USD	1 Quarter
REVENUE - Service revenue	`RevenueOilAndGasServices`	$385.42M	USD	2 Qtrs
REVENUE - Service revenue	`RevenueOilAndGasServices`	$156.09M	USD	2 Qtrs
REVENUE - Service revenue	`RevenueOilAndGasServices`	$68.17M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization)	`CostOfServicesExcludingDepreciationAndAmortization`	$326.34M	USD	2 Qtrs
Cost of services (exclusive of depreciation and amortization)	`CostOfServicesExcludingDepreciationAndAmortization`	$64.85M	USD	1 Quarter
Cost of services (exclusive of depreciation and amortization)	`CostOfServicesExcludingDepreciationAndAmortization`	$145.14M	USD	2 Qtrs
Cost of services (exclusive of depreciation and amortization)	`CostOfServicesExcludingDepreciationAndAmortization`	$176.78M	USD	1 Quarter
General and administrative (inclusive of stock-based compensation)	`GeneralAndAdministrativeExpense`	$5.54M	USD	1 Quarter
General and administrative (inclusive of stock-based compensation)	`GeneralAndAdministrativeExpense`	$7.92M	USD	1 Quarter
General and administrative (inclusive of stock-based compensation)	`GeneralAndAdministrativeExpense`	$27.78M	USD	2 Qtrs
General and administrative (inclusive of stock-based compensation)	`GeneralAndAdministrativeExpense`	$11.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.88M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.86M	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-6.94M	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-9.79M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-2.17M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-20.23M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$185.29M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$83.35M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$398.20M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$207.19M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$6.31M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-29.20M	USD	2 Qtrs
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-15.18M	USD	1 Quarter
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-12.78M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.83M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.39M	USD	2 Qtrs
Interest expense	`InterestExpense`	$650.00K	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	Point-in-time
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$627.00K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$312.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingExpense`	$14.00K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$602.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-6.43M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-4.73M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.28M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$984.00K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.21M	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.20M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.93M	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.03M	USD	1 Quarter
INCOME TAX (EXPENSE)/BENEFIT	`IncomeTaxExpenseBenefit`	$-11.70M	USD	2 Qtrs
INCOME TAX (EXPENSE)/BENEFIT	`IncomeTaxExpenseBenefit`	$223.00K	USD	2 Qtrs
INCOME TAX (EXPENSE)/BENEFIT	`IncomeTaxExpenseBenefit`	$-4.91M	USD	1 Quarter
INCOME TAX (EXPENSE)/BENEFIT	`IncomeTaxExpenseBenefit`	$108.00K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-19.43M	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-22.23M	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-9.29M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$4.92M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.24	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.60	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.60	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.24	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.59M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.24M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.04M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.59M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.24M	shares	2 Qtrs

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-19.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-22.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$4.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.88M	USD	2 Qtrs
Gain on extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	2 Qtrs
Gain on extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	Point-in-time
Gain on extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$6.97M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$111.00K	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-11.70M	USD	2 Qtrs
Amortization of deferred revenue rebate	`AmortizationOfDeferredRevenueRebate`	$923.00K	USD	2 Qtrs
Amortization of deferred revenue rebate	`AmortizationOfDeferredRevenueRebate`	$923.00K	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$3.24M	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$1.47M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.98M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$609.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$619.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$413.00K	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-6.94M	USD	2 Qtrs
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-9.79M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-2.17M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-20.23M	USD	2 Qtrs
(Gain) loss on interest rate swap	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-96.00K	USD	2 Qtrs
(Gain) loss on interest rate swap	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$199.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-43.96M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$32.64M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-3.42M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$445.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$107.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.42M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.36M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.32M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-39.25M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.81M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.60M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$988.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$10.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-108.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-463.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.06M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$112.63M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.46M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.23M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$410.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.05M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.40M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$232.00K	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermDebt`	$38.07M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermDebt`	$163.13M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermDebt`	$71.80M	USD	Point-in-time
Repayments of insurance financing	`RepaymentsOfLongtermLoansFromVendors`	$2.43M	USD	2 Qtrs
Repayments of insurance financing	`RepaymentsOfLongtermLoansFromVendors`	$2.48M	USD	2 Qtrs
Debt extinguishment cost	`PaymentsOfDebtExtinguishmentCosts`	$525.00K	USD	Point-in-time
Debt extinguishment cost	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Debt extinguishment cost	`PaymentsOfDebtExtinguishmentCosts`	$525.00K	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.65M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$115.00K	USD	2 Qtrs
Equity capitalization	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Equity capitalization	`ProceedsFromIssuanceOrSaleOfEquity`	$40.00M	USD	2 Qtrs
Proceeds from IPO	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from IPO	`ProceedsFromIssuanceInitialPublicOffering`	$185.50M	USD	2 Qtrs
Payment of IPO costs	`PaymentsOfStockIssuanceCosts`	$15.10M	USD	2 Qtrs
Payment of IPO costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.38M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.14M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-108.49M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.13M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.60M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.18M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$133.60M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$34.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$25.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$20.18M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$379.70M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$221.01M	USD	Point-in-time
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$7.98M	USD	2 Qtrs
Initial Public Offering net of costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	18.01M	shares	Point-in-time
Initial Public Offering, net of costs	`StockIssuedDuringPeriodValueNewIssues`	$170.14M	USD	2 Qtrs
Conversion of preferred stock to common at Initial Public Offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Exercise of stock optionsnet (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	Annual
Exercise of stock optionsnet (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	162,212.00	shares	Point-in-time
Exercise of stock optionsnet (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	226,194.00	shares	2 Qtrs
Exercise of stock optionsnet	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-19.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-22.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$4.92M	USD	1 Quarter
BALANCE	`StockholdersEquity`	$379.70M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$221.01M	USD	Point-in-time

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