10-Q Filing

ARLO TECHNOLOGIES, INC. CIK: 1736946 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001736946-19-000037`
Period End Date	20190930
Filing Date	20191108
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	arlo20190929-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 74 Cash Flow Statement 62 Stockholders Equity 44 Comprehensive Income 34

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$113.87M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$49.74M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$39.94M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$166.04M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$99.70M	USD	Point-in-time
Inventories	`InventoryNet`	$74.12M	USD	Point-in-time
Inventories	`InventoryNet`	$124.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$343.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$515.47M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.22M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$32.01M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$2.82M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.68M	USD	Point-in-time
Goodwill	`Goodwill`	$15.64M	USD	Point-in-time
Goodwill	`Goodwill`	$15.64M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.13M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$4.13M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$8.45M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.61M	USD	Point-in-time
Total assets	`Assets`	$595.95M	USD	Point-in-time
Total assets	`Assets`	$427.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$57.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$82.54M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$28.44M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$26.68M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$110.07M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$172.04M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$995.00K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$734.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$197.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$281.99M	USD	Point-in-time
Non-current deferred rent	`ContractWithCustomerLiabilityNoncurrent`	$23.31M	USD	Point-in-time
Non-current deferred rent	`ContractWithCustomerLiabilityNoncurrent`	$19.55M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$30.48M	USD	Point-in-time
Non-current financing lease obligation	`FinanceLeaseLiabilityNoncurrent`	$19.98M	USD	Point-in-time
Non-current financing lease obligation	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Non-current income taxes payable	`AccruedIncomeTaxesNoncurrent`	$22.00K	USD	Point-in-time
Non-current income taxes payable	`AccruedIncomeTaxesNoncurrent`	$58.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.14M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$14.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$326.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$247.39M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$76.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$315.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$330.62M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$46.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-151.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-45.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$125.42M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$179.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$305.71M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$269.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$203.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$111.44M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$427.00M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$595.95M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$131.17M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$247.59M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$342.76M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$106.12M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$95.61M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$101.43M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$225.50M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$255.67M	USD	3 Qtrs
Gross profit	`GrossProfit`	$29.75M	USD	1 Quarter
Gross profit	`GrossProfit`	$22.10M	USD	3 Qtrs
Gross profit	`GrossProfit`	$87.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$10.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$41.93M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$52.46M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$37.12M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$13.66M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$42.39M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$12.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.51M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.55M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.36M	USD	1 Quarter
Separation expense	`ProfessionalFees`	$23.65M	USD	3 Qtrs
Separation expense	`ProfessionalFees`	$1.76M	USD	3 Qtrs
Separation expense	`ProfessionalFees`	$5.82M	USD	1 Quarter
Separation expense	`ProfessionalFees`	$137.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$122.25M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$41.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$129.12M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$43.12M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-31.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.38M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-35.16M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-107.02M	USD	3 Qtrs
Interest income	`InterestIncomeExpenseNet`	$2.17M	USD	3 Qtrs
Interest income	`InterestIncomeExpenseNet`	$596.00K	USD	1 Quarter
Interest income	`InterestIncomeExpenseNet`	$503.00K	USD	3 Qtrs
Interest income	`InterestIncomeExpenseNet`	$503.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-923.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-129.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$154.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$138.00K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-30.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-35.58M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-13.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-104.71M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$830.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$855.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$286.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$223.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-105.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.45M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-29.63M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-36.41M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.41	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.41	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.41	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.41	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.87M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	74.83M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.87M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.83M	shares	3 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-30.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-105.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.45M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-29.63M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-36.41M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.41M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.95M	USD	3 Qtrs
Premium amortization / discount accretion on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$391.00K	USD	3 Qtrs
Premium amortization / discount accretion on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.34M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$15.26M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-438.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-109.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-66.35M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$69.72M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-50.67M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$50.01M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.73M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$17.32M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-24.38M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$53.72M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$7.17M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.00M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$57.97M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-51.78M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.31M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-42.72M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.02M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.85M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$29.77M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$39.77M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$40.00M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	-	USD	3 Qtrs
Net cash provided (cash used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.21M	USD	3 Qtrs
Net cash provided (cash used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.63M	USD	3 Qtrs
Proceeds from initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOfferingNetOfIssuanceCosts`	$173.40M	USD	3 Qtrs
Proceeds from initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOfferingNetOfIssuanceCosts`	-	USD	3 Qtrs
Proceeds related to employee benefit plans	`ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans`	$1.84M	USD	3 Qtrs
Proceeds related to employee benefit plans	`ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans`	-	USD	3 Qtrs
Restricted stock unit withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Restricted stock unit withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.75M	USD	3 Qtrs
Net investment from parent	`IncreaseDecreaseInNetInvestmentFromParent`	$71.51M	USD	3 Qtrs
Net investment from parent	`IncreaseDecreaseInNetInvestmentFromParent`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$244.90M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$147.97M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.42M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.42M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.07M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.42M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.07M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.00M	USD	Point-in-time
Cash and cash equivalents and restricted cash, at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.00K	USD	Point-in-time
Purchases of property and equipment included in accounts payable and accrued liabilities	`Purchasesandtransfersofpropertyandequipment`	$5.28M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued liabilities	`Purchasesandtransfersofpropertyandequipment`	$1.58M	USD	3 Qtrs
De-recognition of build-to-suit assets and liabilities	`DeRecognitionOfBuildToSuitAssetAndLiabilities`	-	USD	3 Qtrs
De-recognition of build-to-suit assets and liabilities	`DeRecognitionOfBuildToSuitAssetAndLiabilities`	$21.61M	USD	3 Qtrs
Estimated fair value of a facility under build-to-suit lease	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Estimated fair value of a facility under build-to-suit lease	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$21.86M	USD	3 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$125.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$179.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$305.71M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$269.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$203.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$111.44M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-30.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-105.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.45M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-29.63M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-36.41M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.58M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.26M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.58M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.22M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$174.74M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$174.74M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$12.00K	USD	3 Qtrs
Issuance of common stock under Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.82M	USD	3 Qtrs
Issuance of common stock under Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.82M	USD	1 Quarter
Initial public offering costs paid	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.40M	USD	3 Qtrs
Initial public offering costs paid	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.40M	USD	1 Quarter
Net transfer from Parent	`NetTransferFromParent`	$33.79M	USD	1 Quarter
Net transfer from Parent	`NetTransferFromParent`	$44.16M	USD	3 Qtrs
Conversion of Net parent investment into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$62.00K	USD	3 Qtrs
Conversion of Net parent investment into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$62.00K	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$73.00K	USD	1 Quarter
Restricted stock unit withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.75M	USD	3 Qtrs
Change in unrealized gains and losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-27.00K	USD	1 Quarter
Change in unrealized gains and losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$46.00K	USD	3 Qtrs
Change in unrealized gains and losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00K	USD	3 Qtrs
Change in unrealized gains and losses on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$17.00K	USD	3 Qtrs
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$17.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$22.00K	USD	1 Quarter
Change in unrealized gains and losses on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$125.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$179.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$305.71M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$269.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$203.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$111.44M	USD	Point-in-time

Comprehensive Income 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-30.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-105.57M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-13.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.45M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-29.63M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-36.41M	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$20.00K	USD	3 Qtrs
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$22.00K	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$20.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-4.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-4.00K	USD	3 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-27.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$46.00K	USD	3 Qtrs
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$46.00K	USD	3 Qtrs
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-5.00K	USD	1 Quarter
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$16.00K	USD	1 Quarter
Total other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$16.00K	USD	3 Qtrs
Tax benefit (provision) related to derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Tax benefit (provision) related to derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00K	USD	1 Quarter
Tax benefit (provision) related to derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.00K	USD	3 Qtrs
Tax benefit (provision) related to derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	3 Qtrs
Tax benefit (provision) related to available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	3 Qtrs
Tax benefit (provision) related to available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-1.00K	USD	3 Qtrs
Tax benefit (provision) related to available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	-	USD	1 Quarter
Tax benefit (provision) related to available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-1.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$46.00K	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$14.00K	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$14.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-36.40M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-30.59M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.21M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-105.52M	USD	3 Qtrs

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