10-Q Filing

ZSCALER, INC. CIK: 1713683 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001713683-19-000016`
Period End Date	20190430
Filing Date	20190605
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	zs-20190430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 68 Cash Flow Statement 97 Stockholders Equity 89 Comprehensive Income 16

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$287.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.58M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$162.96M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$297.76M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$61.61M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$71.15M	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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$16.14M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$19.39M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$13.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.88M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	125.55M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	119.76M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$387.16M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	119.76M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	125.55M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$456.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.77M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$31.98M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$39.77M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$44.71M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$32.76M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$4.80M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.08M	USD	Point-in-time
Total assets	`Assets`	$447.78M	USD	Point-in-time
Total assets	`Assets`	$537.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.89M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$11.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$12.31M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$21.84M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$23.39M	USD	Point-in-time
Liability for early exercised unvested stock options	`EarlyExercisedStockOptionsLiabilityCurrent`	$1.56M	USD	Point-in-time
Liability for early exercised unvested stock options	`EarlyExercisedStockOptionsLiabilityCurrent`	$695.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$183.62M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$140.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$221.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$182.83M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$23.35M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$27.92M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.48M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$207.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$250.96M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock; $0.001 par value; 200,000 shares authorized as of April 30, 2019 and July 31, 2018; no shares issued and outstanding as of April 30, 2019 and July 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.001 par value; 200,000 shares authorized as of April 30, 2019 and July 31, 2018; no shares issued and outstanding as of April 30, 2019 and July 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of April 30, 2019 and July 31, 2018; 125,552 and 119,764 shares issued and outstanding as of April 30, 2019 and July 31, 2018, respectively	`CommonStockValue`	$119.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of April 30, 2019 and July 31, 2018; 125,552 and 119,764 shares issued and outstanding as of April 30, 2019 and July 31, 2018, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$505.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$438.39M	USD	Point-in-time
Notes receivable from stockholders	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$2.05M	USD	Point-in-time
Notes receivable from stockholders	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	-	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-124.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$101.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-219.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-196.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-167.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-151.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$240.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$286.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$277.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$243.19M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$447.78M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$537.54M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$79.13M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$216.73M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$49.16M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$134.00M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$42.33M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$14.96M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$9.42M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$26.37M	USD	3 Qtrs
Gross profit	`GrossProfit`	$39.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$107.63M	USD	3 Qtrs
Gross profit	`GrossProfit`	$64.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$174.40M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$29.89M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$45.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$83.93M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$120.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$27.90M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$9.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$44.76M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$36.43M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.50M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$134.33M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$77.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$201.78M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-13.54M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.02M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-26.70M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-27.38M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.00M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$5.59M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$596.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$2.08M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-144.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$15.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-82.00K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$14.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.60M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.87M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.68M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.41M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$357.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.51M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$636.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.24M	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	-	USD	3 Qtrs
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$1.22M	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	-	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$6.33M	USD	3 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-9.99M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-33.02M	USD	3 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-23.38M	USD	3 Qtrs
Net loss attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-12.24M	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.73	USD	3 Qtrs
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.19	USD	3 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.05M	shares	3 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	124.67M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	73.82M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	122.64M	shares	3 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-23.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.24M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$5.84M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$2.70M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$1.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$7.33M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$405.00K	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	-	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$3.42M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$4.72M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$13.51M	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$9.35M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$34.09M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.11M	USD	3 Qtrs
Accretion of purchased discounts, net of amortization of investment premiums	`AccretionOfPurchaseDiscountsNet`	-	USD	3 Qtrs
Accretion of purchased discounts, net of amortization of investment premiums	`AccretionOfPurchaseDiscountsNet`	$1.70M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-278.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-244.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.54M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.16M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$21.70M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$21.20M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.34M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.36M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-611.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.62M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.68M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.05M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.55M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.21M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$47.52M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$28.19M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.65M	USD	3 Qtrs
Purchases of property, equipment and other	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.70M	USD	3 Qtrs
Purchases of property, equipment and other	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.01M	USD	3 Qtrs
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$1.42M	USD	3 Qtrs
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$1.71M	USD	3 Qtrs
Acquired intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Acquired intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.48M	USD	3 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$823.00K	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$272.32M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$139.36M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-153.68M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.43M	USD	3 Qtrs
Proceeds from initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$205.34M	USD	3 Qtrs
Payments of offering costs related to initial public offering	`PaymentsOfStockIssuanceCosts`	$3.57M	USD	3 Qtrs
Payments of offering costs related to initial public offering	`PaymentsOfStockIssuanceCosts`	$15.50M	USD	Point-in-time
Payments of offering costs related to initial public offering	`PaymentsOfStockIssuanceCosts`	$1.80M	USD	3 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.52M	USD	3 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.34M	USD	3 Qtrs
Proceeds from issuance of common stock related to early exercised stock options	`ProceedsFromIssuanceOfEarlyExercisedStockOptions`	-	USD	3 Qtrs
Proceeds from issuance of common stock related to early exercised stock options	`ProceedsFromIssuanceOfEarlyExercisedStockOptions`	$869.00K	USD	3 Qtrs
Proceeds from issuance of common stock under the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.69M	USD	3 Qtrs
Proceeds from issuance of common stock under the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	3 Qtrs
Repurchases of unvested common stock	`PaymentsForRepurchaseOfCommonStock`	$22.00K	USD	3 Qtrs
Repurchases of unvested common stock	`PaymentsForRepurchaseOfCommonStock`	$3.09M	USD	3 Qtrs
Repayments of notes receivable from stockholders	`ProceedsFromRepaymentOfNotesReceivableStockholders`	$5.35M	USD	3 Qtrs
Repayments of notes receivable from stockholders	`ProceedsFromRepaymentOfNotesReceivableStockholders`	$1.91M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$209.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.30M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-81.17M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$199.47M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.97M	USD	Point-in-time
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$608.00K	USD	3 Qtrs
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$1.50M	USD	3 Qtrs
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$1.55M	USD	3 Qtrs
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$709.00K	USD	3 Qtrs
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	-	USD	3 Qtrs
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$1.22M	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	-	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$6.33M	USD	3 Qtrs
Repurchases of unvested common stock by cancellation of indebtedness	`RepurchaseOfCommonStockNoncash`	-	USD	3 Qtrs
Repurchases of unvested common stock by cancellation of indebtedness	`RepurchaseOfCommonStockNoncash`	$214.00K	USD	3 Qtrs
Vesting of early exercised common stock options	`StockIssued1`	$844.00K	USD	3 Qtrs
Vesting of early exercised common stock options	`StockIssued1`	$2.91M	USD	3 Qtrs
Net change in deferred offering costs accrued	`DeferredOfferingCostsAccruedButNotPaid`	$1.46M	USD	3 Qtrs
Net change in deferred offering costs accrued	`DeferredOfferingCostsAccruedButNotPaid`	$-2.10M	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$207.31M	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.01M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$136.15M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.55M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.97M	USD	Point-in-time

Stockholders Equity 89 line items

Line Item	Tag	Value	Unit	Period
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	72.50M	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	72.50M	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$207.30M	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$200.98M	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$206.09M	USD	Point-in-time
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValue`	$6.33M	USD	3 Qtrs
Accretion of Series C and D redeemable convertible preferred stock	`TemporaryEquityAccretionToRedemptionValue`	$1.22M	USD	1 Quarter
Conversion of redeemable convertible preferred sock to common stock upon initial public offering (in shares)	`TemporaryEquitySharesEliminationAsPartOfReorganization`	72.50M	shares	3 Qtrs
Conversion of redeemable convertible preferred sock to common stock upon initial public offering (in shares)	`TemporaryEquitySharesEliminationAsPartOfReorganization`	72.50M	shares	1 Quarter
Conversion of redeemable convertible preferred stock to common stock upon initial public offering	`TemporaryEquityValueEliminationAsPartOfReorganization`	$207.31M	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock upon initial public offering	`TemporaryEquityValueEliminationAsPartOfReorganization`	$207.31M	USD	1 Quarter
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	72.50M	shares	Point-in-time
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	72.50M	shares	Point-in-time
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$207.30M	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$200.98M	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$206.09M	USD	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	119.76M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	125.55M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-167.06M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-151.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$240.24M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$286.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$243.19M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	5.15M	shares	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.03M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.17M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.34M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.52M	USD	3 Qtrs
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	3 Qtrs
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$1.90M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$2.91M	USD	3 Qtrs
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$277.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$844.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.31M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.11M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.09M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.28M	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$225.00K	USD	3 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$160.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.24M	USD	1 Quarter
Accretion of Series C and D redeemable convertible preferred stock	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$6.33M	USD	3 Qtrs
Accretion of Series C and D redeemable convertible preferred stock	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$1.22M	USD	1 Quarter
Repayments of principal amount on notes receivable from stockholders	`RepaymentOfNotesReceivableStockholders`	$-1.91M	USD	3 Qtrs
Repayments of principal amount on notes receivable from stockholders	`RepaymentOfNotesReceivableStockholders`	$-5.35M	USD	3 Qtrs
Repayments of principal amount on notes receivable from stockholders	`RepaymentOfNotesReceivableStockholders`	$-5.35M	USD	1 Quarter
Accrued interest on notes receivable from stockholders, net of repayments	`IncreaseDecreaseToNotesReceivableRelatedToEarlyExercisedStockOptions`	$370.00K	USD	1 Quarter
Accrued interest on notes receivable from stockholders, net of repayments	`IncreaseDecreaseToNotesReceivableRelatedToEarlyExercisedStockOptions`	$279.00K	USD	3 Qtrs
Accrued interest on notes receivable from stockholders, net of repayments	`IncreaseDecreaseToNotesReceivableRelatedToEarlyExercisedStockOptions`	$146.00K	USD	3 Qtrs
Issuance of common stock upon initial public offering, net of underwriting discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$199.84M	USD	1 Quarter
Issuance of common stock upon initial public offering, net of underwriting discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$199.84M	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock upon initial public offering (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	72.50M	shares	Point-in-time
Conversion of redeemable convertible preferred stock to common stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$207.31M	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock upon initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$207.31M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.69M	USD	3 Qtrs
Repurchases of unvested common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	3 Qtrs
Repurchases of unvested common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$-214.00K	USD	3 Qtrs
Adjustment to initial public offering costs	`AdjustmentsToAdditionalPaidInCapitalInitialPublicOfferingCostsAdjustment`	$300.00K	USD	3 Qtrs
Issuance of common stock related to early exercised stock options	`StockIssuedDuringPeriodValueEarlyExercisedStockOptions`	-	USD	3 Qtrs
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	119.76M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	125.55M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-167.06M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-151.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$240.24M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$286.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$243.19M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-23.38M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.24M	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$225.00K	USD	3 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$160.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$160.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$225.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.15M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-8.77M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-12.08M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-26.68M	USD	3 Qtrs

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