10-Q Filing

Moderna, Inc. CIK: 1682852 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001682852-21-000017`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	mrna-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 30 Cash Flow Statement 62 Stockholders Equity 19 Comprehensive Income 8

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	162.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	162.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$392.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.62B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.44B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.98B	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.29B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.21B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.39B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$47.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Inventory	`InventoryNet`	$494.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$264.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	401.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$252.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	399.00M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	401.00M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	399.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.70B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.30B	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$639.00M	USD	Point-in-time
Investments, non-current	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$468.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$372.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$297.00M	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$89.00M	USD	Point-in-time
Right-of-use assets, operating leases	`OperatingLeaseRightOfUseAsset`	$90.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$11.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$11.00M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$11.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$50.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.00M	USD	Point-in-time
Total assets	`Assets`	$7.34B	USD	Point-in-time
Total assets	`Assets`	$12.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$470.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$753.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.87B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.53B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$34.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$149.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.39B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.44B	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$177.00M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$179.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$96.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$97.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$138.00M	USD	Point-in-time
Financing lease liabilities, non-current	`FinanceLeaseLiabilityNoncurrent`	$110.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.86B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.78B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2021 and December 31, 2020; no shares issued or outstanding at March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 162 shares authorized as of March 31, 2021 and December 31, 2020; no shares issued or outstanding at March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2021 and December 31, 2020; 401 and 399 shares issued and outstanding as of March 31, 2021 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 1,600 shares authorized as of March 31, 2021 and December 31, 2020; 401 and 399 shares issued and outstanding as of March 31, 2021 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.86B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.80B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.24B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.56B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.84B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.69B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`Revenues`	$1.94B	USD	1 Quarter
Total revenue	`Revenues`	$8.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$193.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$401.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$115.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$77.00M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$24.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$139.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$671.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.27B	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-131.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.26B	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-124.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-124.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$3.05	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$2.84	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	400.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	353.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	353.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	430.00M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-124.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$20.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$30.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-1.00M	USD	1 Quarter
Amortization/accretion of investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-5.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-50.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.82B	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$448.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$-2.00M	USD	1 Quarter
Right-of-use assets, operating leases	`IncreaseDecreaseInRightOfUseAssetOperatingLeases`	$14.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-12.00M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$285.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.67B	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.00M	USD	1 Quarter
Operating lease liabilities	`OperatingLeaseLiabilities`	$-2.00M	USD	1 Quarter
Operating lease liabilities	`OperatingLeaseLiabilities`	$15.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$93.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.97B	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-106.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$621.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$726.00M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$269.00M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$339.00M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$242.00M	USD	1 Quarter
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$42.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-316.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.00M	USD	1 Quarter
Proceeds from public offerings of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from public offerings of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$550.00M	USD	1 Quarter
Proceeds from issuance of common stock through equity plans, net	`ProceedsFromStockPlans`	$28.00M	USD	1 Quarter
Proceeds from issuance of common stock through equity plans, net	`ProceedsFromStockPlans`	$28.00M	USD	1 Quarter
Changes in financing lease liabilities	`ChargesToFinancingLeaseLiabilities`	$-2.00M	USD	1 Quarter
Changes in financing lease liabilities	`ChargesToFinancingLeaseLiabilities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$578.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.00M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$156.00M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.82B	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.45B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.64B	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.00M	USD	Point-in-time
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$21.00M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$7.00M	USD	1 Quarter
Right-of-use assets obtained through finance lease modifications and reassessments	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$51.00M	USD	1 Quarter
Right-of-use assets obtained through finance lease modifications and reassessments	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Offering expenses	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	1 Quarter
Balance at beginning of period	`StockholdersEquity`	$1.64B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$1.18B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$2.56B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$3.84B	USD	Point-in-time
Proceeds from public offering of common stock, net of issuance costs of $1	`StockIssuedDuringPeriodValueNewIssues`	$550.00M	USD	1 Quarter
Exercise of options to purchase common stock, net (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.89M	shares	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$28.00M	USD	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$28.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-124.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$1.64B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$1.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$2.56B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$3.84B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.22B	USD	1 Quarter
Unrealized gain (loss) on available-for-sale debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized gain (loss) on available-for-sale debt securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-124.00M	USD	1 Quarter
Unrealized loss on available-for-sale debt securities, net of tax of $0 and $0, for the three months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.00M	USD	1 Quarter
Unrealized loss on available-for-sale debt securities, net of tax of $0 and $0, for the three months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-132.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.22B	USD	1 Quarter

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