10-Q Filing

DRAFTKINGS INC. CIK: 1883685 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001883685-22-000016`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	dkng-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 30 Cash Flow Statement 95 Stockholders Equity 26 Comprehensive Income 8

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.15B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.82B	USD	Point-in-time
Cash reserved for users	`CashReservedForUsersCurrent`	$476.95M	USD	Point-in-time
Cash reserved for users	`CashReservedForUsersCurrent`	$464.85M	USD	Point-in-time
Receivables reserved for users	`ReceivablesReservedForUsersCurrent`	$51.95M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	7.92M	shares	Point-in-time
Receivables reserved for users	`ReceivablesReservedForUsersCurrent`	$55.95M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	7.13M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$45.86M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$48.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.75B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.40B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$46.02M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$535.02M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$523.02M	USD	Point-in-time
Goodwill	`Goodwill`	$615.65M	USD	Point-in-time
Goodwill	`Goodwill`	$615.65M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.17M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$63.83M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$9.82M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$7.47M	USD	Point-in-time
Deposits and other non-current assets	`DepositsAndOtherNoncurrentAssets`	$90.80M	USD	Point-in-time
Deposits and other non-current assets	`DepositsAndOtherNoncurrentAssets`	$45.38M	USD	Point-in-time
Total assets	`Assets`	$3.75B	USD	Point-in-time
Total assets	`Assets`	$4.07B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$387.74M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$379.25M	USD	Point-in-time
Liabilities to users	`LiabilitiesToUsersCurrent`	$528.87M	USD	Point-in-time
Liabilities to users	`LiabilitiesToUsersCurrent`	$520.77M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.91M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$929.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$912.94M	USD	Point-in-time
Convertible notes, net of issuance costs	`ConvertibleLongTermNotesPayable`	$1.25B	USD	Point-in-time
Convertible notes, net of issuance costs	`ConvertibleLongTermNotesPayable`	$1.25B	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$57.34M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$54.46M	USD	Point-in-time
Warrant liabilities	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$14.23M	USD	Point-in-time
Warrant liabilities	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$26.91M	USD	Point-in-time
Long-term income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$79.12M	USD	Point-in-time
Long-term income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$78.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$49.27M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.36B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.39B	USD	Point-in-time
Commitments and contingent liabilities (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Treasury stock, at cost; 7,923 and 7,130 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$306.61M	USD	Point-in-time
Treasury stock, at cost; 7,923 and 7,130 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$320.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.89B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.70B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.22B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.75B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.49M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.49M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.63B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.75B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.07B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$312.28M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$417.20M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$183.22M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$313.38M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$228.69M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$321.45M	USD	1 Quarter
Product and technology	`ProductAndTechnology`	$56.16M	USD	1 Quarter
Product and technology	`ProductAndTechnology`	$81.35M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$169.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$216.61M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-324.79M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-515.58M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$148.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$985.00K	USD	1 Quarter
Gain (loss) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-12.68M	USD	1 Quarter
Gain (loss) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$26.98M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$37.88M	USD	1 Quarter
Loss before income tax provision (benefit) and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-350.79M	USD	1 Quarter
Loss before income tax provision (benefit) and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-464.87M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-4.59M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$469.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.35M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-153.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-346.34M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.87	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.14	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.14	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.87	USD	1 Quarter

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-346.34M	USD	1 Quarter
Net loss	`ProfitLoss`	$-467.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$28.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$32.23M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$654.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$112.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$187.08M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$151.84M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.35M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-153.00K	USD	1 Quarter
(Gain) loss on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-12.68M	USD	1 Quarter
(Gain) loss on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$26.98M	USD	1 Quarter
Gain on equity securities and other financial assets	`EquitySecuritiesFVNIAndOtherFinancialAssetsGainLoss`	$37.43M	USD	1 Quarter
Gain on equity securities and other financial assets	`EquitySecuritiesFVNIAndOtherFinancialAssetsGainLoss`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-8.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$256.00K	USD	1 Quarter
Other expenses, net	`OtherNoncashIncomeExpense`	$768.00K	USD	1 Quarter
Other expenses, net	`OtherNoncashIncomeExpense`	-	USD	1 Quarter
Receivables reserved for users	`IncreaseDecreaseInReceivablesReservedForUsers`	$-6.21M	USD	1 Quarter
Receivables reserved for users	`IncreaseDecreaseInReceivablesReservedForUsers`	$4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.18M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.35M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$519.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.89M	USD	1 Quarter
Deposits and other non-current assets	`IncreaseDecreaseInDepositsAndOtherNonCurrentAssets`	$1.53M	USD	1 Quarter
Deposits and other non-current assets	`IncreaseDecreaseInDepositsAndOtherNonCurrentAssets`	$493.00K	USD	1 Quarter
Operating leases, net	`Increasedecreaseinoperatingleasesnet`	$-125.00K	USD	1 Quarter
Operating leases, net	`Increasedecreaseinoperatingleasesnet`	$-239.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.09M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$71.39M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.51M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.97M	USD	1 Quarter
Long-term income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-178.00K	USD	1 Quarter
Long-term income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.52M	USD	1 Quarter
Liabilities to users	`IncreaseDecreaseInLiabilitiesToUsers`	$11.80M	USD	1 Quarter
Liabilities to users	`IncreaseDecreaseInLiabilitiesToUsers`	$-8.10M	USD	1 Quarter
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-356.72M	USD	1 Quarter
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-59.74M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.61M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.39M	USD	1 Quarter
Cash paid for internally developed software costs	`PaymentsToDevelopSoftware`	$8.69M	USD	1 Quarter
Cash paid for internally developed software costs	`PaymentsToDevelopSoftware`	$13.20M	USD	1 Quarter
Acquisition of gaming licenses	`AcquisitionOfGamingLicenses`	$305.00K	USD	1 Quarter
Acquisition of gaming licenses	`AcquisitionOfGamingLicenses`	$267.00K	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.54M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$989.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.92M	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.07M	USD	1 Quarter
Proceeds from issuance of convertible notes, net	`ProceedsFromConvertibleDebt`	$1.25B	USD	1 Quarter
Proceeds from issuance of convertible notes, net	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Purchase of capped call options	`PaymentsToAcquireCappedCallOptions`	$123.97M	USD	1 Quarter
Purchase of capped call options	`PaymentsToAcquireCappedCallOptions`	-	USD	1 Quarter
Proceeds from shares issued for warrants	`ProceedsFromWarrantExercises`	-	USD	1 Quarter
Proceeds from shares issued for warrants	`ProceedsFromWarrantExercises`	$199.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.12M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$14.08M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.77M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.64M	USD	1 Quarter
Net cash flows (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.13B	USD	1 Quarter
Net cash flows (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.31M	USD	1 Quarter
Effect of foreign exchange rates on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	1 Quarter
Effect of foreign exchange rates on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.77M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-392.10M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.02B	USD	1 Quarter
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.12B	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.63B	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.12B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.63B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.15B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.82B	USD	Point-in-time
Cash reserved for users	`RestrictedCashAndCashEquivalents`	$464.85M	USD	Point-in-time
Cash reserved for users	`RestrictedCashAndCashEquivalents`	$305.73M	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.12B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.63B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24B	USD	Point-in-time
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$29.40M	USD	1 Quarter
Acquisition of property and equipment, internally developed software and other investments included in accounts payable and accrued expenses	`IncreaseInAccountsPayableAndAccruedExpensesFromPropertyAndEquipmentAndInternallyDevelopedSoftwareCostsAndOtherInvestments`	$680.00K	USD	1 Quarter
Acquisition of property and equipment, internally developed software and other investments included in accounts payable and accrued expenses	`IncreaseInAccountsPayableAndAccruedExpensesFromPropertyAndEquipmentAndInternallyDevelopedSoftwareCostsAndOtherInvestments`	$7.60M	USD	1 Quarter
Convertible notes financing costs included in accounts payable and accrued expenses	`IncreaseInAccountsPayableAndAccruedExpensesFromConvertibleNotesFinancingCosts`	$1.02M	USD	1 Quarter
Convertible notes financing costs included in accounts payable and accrued expenses	`IncreaseInAccountsPayableAndAccruedExpensesFromConvertibleNotesFinancingCosts`	-	USD	1 Quarter
Acquisition of gaming licenses included in accounts payable and accrued expenses	`DecreaseOfAccountsPayableAndAccruedExpensesFromGamingLicenses`	$100.00K	USD	1 Quarter
Acquisition of gaming licenses included in accounts payable and accrued expenses	`DecreaseOfAccountsPayableAndAccruedExpensesFromGamingLicenses`	-	USD	1 Quarter
(Decrease) increase in cash reserved for users	`IncreaseDecreaseInCashReservedForUsers`	$18.01M	USD	1 Quarter
(Decrease) increase in cash reserved for users	`IncreaseDecreaseInCashReservedForUsers`	$-12.10M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Balance at the beginning	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.68B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$2.63B	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	10.24M	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.64M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.77M	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$151.84M	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$187.08M	USD	1 Quarter
Purchase of capped call options	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallOptions`	$123.97M	USD	1 Quarter
Equity consideration issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Equity consideration issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$29.40M	USD	1 Quarter
Shares issued for exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercises`	$1.76M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$14.08M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$3.12M	USD	1 Quarter
Restricted stock unit vesting	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Foreign currency translation, net of nil tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation, net of nil tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-27.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-346.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$1.39B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.68B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$2.63B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-346.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Foreign currency translation adjustments arising during period, net of nil tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments arising during period, net of nil tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-27.32M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-373.66M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-467.69M	USD	1 Quarter

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