10-Q Filing

ZSCALER, INC. CIK: 1713683 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001713683-20-000193`
Period End Date	20201031
Filing Date	20201208
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	zs-20201031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 32 Cash Flow Statement 76 Stockholders Equity 25 Comprehensive Income 8

Balance Sheet 75 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`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.02M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	134.16M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.35M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	132.82M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.23B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	132.82M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.31B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	134.16M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$147.58M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$105.94M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$22.06M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$35.59M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$32.24M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$75.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$83.98M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$45.59M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$36.12M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$77.67M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$48.37M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$83.69M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$24.02M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$22.45M	USD	Point-in-time
Goodwill	`Goodwill`	$30.06M	USD	Point-in-time
Goodwill	`Goodwill`	$30.06M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$8.05M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$7.66M	USD	Point-in-time
Total assets	`Assets`	$1.85B	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.66M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$16.36M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$13.87M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$49.44M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$37.10M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$337.26M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$340.04M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$15.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$416.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$423.90M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$874.36M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$861.62M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$32.50M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$31.86M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$28.02M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$35.27M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.59M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.36B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	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 October 31, 2020 and July 31, 2020; 134,163 and 132,817 shares issued and outstanding as of October 31, 2020 and July 31, 2020, respectively	`CommonStockValue`	$133.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2020 and July 31, 2020; 134,163 and 132,817 shares issued and outstanding as of October 31, 2020 and July 31, 2020, respectively	`CommonStockValue`	$134.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$886.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$823.80M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-267.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$463.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-339.57M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-394.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$308.56M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$484.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$492.11M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$314.05M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.85B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$93.59M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$142.58M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$31.73M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$19.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$96.89M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$59.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$35.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.86M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.62M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$92.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$153.52M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-42.67M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-18.27M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.02M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$940.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$13.05M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$268.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-54.51M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-16.28M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$794.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$498.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.41	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	127.55M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	133.45M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-17.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$6.09M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$3.58M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.58M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$779.00K	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$5.54M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$8.68M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$12.69M	USD	1 Quarter
Noncash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.51M	USD	1 Quarter
Noncash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.60M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$18.38M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$57.19M	USD	1 Quarter
Amortization (accretion) of investments purchased at a premium (discount)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.60M	USD	1 Quarter
Amortization (accretion) of investments purchased at a premium (discount)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$300.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$520.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$49.00K	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$416.00K	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-223.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-29.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.86M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-41.63M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$18.04M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$6.18M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.88M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.47M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-38.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$76.00K	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.24M	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-466.00K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.38M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.35M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.33M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.13M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$1.99M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$4.82M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.53M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.43M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.21M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.90M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$2.40M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$1.80M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$174.66M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$88.41M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$76.58M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$66.80M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$11.50M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.63M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-97.89M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.06M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.52M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.06M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.52M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.14M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.84M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.02M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.85M	USD	Point-in-time
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$1.50M	USD	1 Quarter
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$810.00K	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$-1.89M	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$1.88M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$13.79M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$18.24M	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.02M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.48M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.35M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.85M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	132.82M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	134.16M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$308.56M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$484.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$492.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$314.05M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	690,000.00	shares	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.52M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.06M	USD	1 Quarter
Vesting of restricted stock units and other stock issuances	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of restricted stock units and other stock issuances	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$131.00K	USD	1 Quarter
Vesting of early exercised common stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$70.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$58.42M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.21M	USD	1 Quarter
Unrealized net gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-730.00K	USD	1 Quarter
Unrealized net gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$168.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	132.82M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	134.16M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$308.56M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$484.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$492.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$314.05M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-17.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Unrealized net gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-730.00K	USD	1 Quarter
Unrealized net gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$168.00K	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-730.00K	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$168.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-16.91M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-55.74M	USD	1 Quarter

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