10-Q Filing

ZSCALER, INC. CIK: 1713683 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001713683-20-000037`
Period End Date	20200131
Filing Date	20200304
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	zs-20200131_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 60 Cash Flow Statement 90 Stockholders Equity 50 Comprehensive Income 16

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
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`	1.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$76.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.47M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	129,266.00	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	127,253.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$78.48M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$286.16M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	129,266.00	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$308.38M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	127,253.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$93.34M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.78M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$18.06M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$21.22M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$23.53M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$523.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$496.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$41.05M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$32.14M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$50.52M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$48.57M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$42.54M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$8.71M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.29M	USD	Point-in-time
Goodwill	`Goodwill`	$7.48M	USD	Point-in-time
Goodwill	`Goodwill`	$7.48M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$3.50M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.28M	USD	Point-in-time
Total assets	`Assets`	$604.16M	USD	Point-in-time
Total assets	`Assets`	$676.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.21M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$12.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$13.61M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$21.54M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$25.02M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$251.22M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$221.39M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$303.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$261.95M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$29.82M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$28.80M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$23.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.50M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$357.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$295.60M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of January 31, 2020 and July 31, 2019; 129,266 and 127,253 shares issued and outstanding as of January 31, 2020 and July 31, 2019, respectively	`CommonStockValue`	$129.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of January 31, 2020 and July 31, 2019; 129,266 and 127,253 shares issued and outstanding as of January 31, 2020 and July 31, 2019, respectively	`CommonStockValue`	$127.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$589.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$532.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$268.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$491.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-224.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-270.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$314.05M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$308.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$319.16M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$252.18M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$240.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$277.07M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$676.42M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$604.16M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$74.30M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$194.86M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.27M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$137.60M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$27.37M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$15.27M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$39.80M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$20.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.23M	USD	2 Qtrs
Gross profit	`GrossProfit`	$155.06M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$61.62M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$121.03M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$75.30M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$38.76M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$15.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$40.98M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.71M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.26M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$41.61M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.52M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.39M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.98M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$64.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$111.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$124.08M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$203.62M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.18M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.85M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-30.28M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-48.55M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	$3.88M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	$1.85M	USD	1 Quarter
Interest income	`InterestIncomeExpenseNet`	$3.51M	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	$1.92M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-42.00K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$250.00K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$62.00K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-13.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.72M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.27M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-28.44M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.01M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$547.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.51M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$874.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$716.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-46.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.14M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.56M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.23	USD	1 Quarter
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	122.74M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	128.41M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	127.98M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	121.66M	shares	2 Qtrs

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-46.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.14M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.56M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$4.66M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$7.51M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$3.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$2.50M	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$316.00K	USD	2 Qtrs
Impairment of assets	`AssetImpairmentCharges`	-	USD	2 Qtrs
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.42M	USD	2 Qtrs
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$239.00K	USD	2 Qtrs
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$100.00K	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$600.00K	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$11.43M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$8.78M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$4.46M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$5.89M	USD	1 Quarter
Noncash operating lease costs	`AmortizationOfOperatingLeaseRightOfUseAsset`	$6.21M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$20.81M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$42.24M	USD	2 Qtrs
Accretion of purchased discounts, net of amortization of investment premiums	`AccretionOfPurchaseDiscountsNet`	$442.00K	USD	2 Qtrs
Accretion of purchased discounts, net of amortization of investment premiums	`AccretionOfPurchaseDiscountsNet`	$1.12M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-202.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-248.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.86M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.43M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$13.47M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$15.69M	USD	2 Qtrs
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.78M	USD	2 Qtrs
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.98M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-786.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-603.00K	USD	2 Qtrs
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.24M	USD	2 Qtrs
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.04M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.85M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.48M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$42.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$28.82M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeasePayments`	$5.19M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeasePayments`	$2.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.86M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.72M	USD	2 Qtrs
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.61M	USD	2 Qtrs
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.10M	USD	2 Qtrs
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$4.27M	USD	2 Qtrs
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$903.00K	USD	2 Qtrs
Acquired intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Acquired intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.48M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$179.90M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$147.54M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$71.60M	USD	2 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$126.01M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-119.28M	USD	2 Qtrs
Payments of offering costs related to initial public offering	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Payments of offering costs related to initial public offering	`PaymentsOfStockIssuanceCosts`	$1.80M	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$15.49M	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.76M	USD	2 Qtrs
Proceeds from issuance of common stock under the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$8.69M	USD	2 Qtrs
Proceeds from issuance of common stock under the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.33M	USD	2 Qtrs
Repurchases of unvested common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchases of unvested common stock	`PaymentsForRepurchaseOfCommonStock`	$22.00K	USD	2 Qtrs
Repayments of notes receivable from stockholders	`ProceedsFromRepaymentOfNotesReceivableStockholders`	$1.91M	USD	2 Qtrs
Repayments of notes receivable from stockholders	`ProceedsFromRepaymentOfNotesReceivableStockholders`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.27M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.09M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-68.29M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.95M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.86M	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`	$76.53M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.86M	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`	$76.53M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.48M	USD	Point-in-time
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$1.47M	USD	2 Qtrs
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$1.12M	USD	2 Qtrs
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$1.54M	USD	2 Qtrs
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$-1.78M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$20.91M	USD	2 Qtrs
Vesting of early exercised common stock options	`StockIssued1`	$262.00K	USD	2 Qtrs
Vesting of early exercised common stock options	`StockIssued1`	$567.00K	USD	2 Qtrs
Net change in deferred offering costs accrued	`DeferredOfferingCostsAccruedButNotPaid`	$2.10M	USD	2 Qtrs
Net change in deferred offering costs accrued	`DeferredOfferingCostsAccruedButNotPaid`	-	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.86M	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`	$76.53M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.48M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	129,266.00	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	127,253.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$314.05M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$308.56M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$319.16M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$252.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$240.24M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$277.07M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.22M	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.76M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.49M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.70M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.70M	USD	1 Quarter
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.33M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.33M	USD	1 Quarter
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.69M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.69M	USD	1 Quarter
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	2 Qtrs
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	2 Qtrs
Vesting of restricted stock units	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$277.00K	USD	1 Quarter
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$262.00K	USD	2 Qtrs
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$567.00K	USD	2 Qtrs
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$131.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.26M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.81M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.05M	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$223.00K	USD	2 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$258.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-46.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.14M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.56M	USD	1 Quarter
Adjustment to initial public offering costs	`AdjustmentsToAdditionalPaidInCapitalInitialPublicOfferingCostsAdjustment`	$300.00K	USD	1 Quarter
Adjustment to initial public offering costs	`AdjustmentsToAdditionalPaidInCapitalInitialPublicOfferingCostsAdjustment`	$300.00K	USD	2 Qtrs
Repurchases of unvested common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	2 Qtrs
Repayments of principal amount on notes receivable from stockholders	`RepaymentOfNotesReceivableStockholders`	$1.91M	USD	2 Qtrs
Accrued interest on notes receivable from stockholders, net of repayments	`IncreaseDecreaseToNotesReceivableRelatedToEarlyExercisedStockOptions`	$146.00K	USD	2 Qtrs
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	129,266.00	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	127,253.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$314.05M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$308.56M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$319.16M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$252.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$240.24M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$277.07M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-46.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-11.14M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-29.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.56M	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$223.00K	USD	2 Qtrs
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$258.00K	USD	1 Quarter
Unrealized net gains on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$65.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$258.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$65.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$55.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$223.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.01M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.08M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-29.10M	USD	1 Quarter

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