10-Q Filing

DRAFTKINGS INC. CIK: 1883685 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001883685-23-000037`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	dkng-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 66 Cash Flow Statement 98 Stockholders Equity 37

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.51B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Cash reserved for users	`CashReservedForUsersCurrent`	$469.65M	USD	Point-in-time
Cash reserved for users	`CashReservedForUsersCurrent`	$381.10M	USD	Point-in-time
Receivables reserved for users	`ReceivablesReservedForUsersCurrent`	$109.15M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	8.69M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	10.68M	shares	Point-in-time
Receivables reserved for users	`ReceivablesReservedForUsersCurrent`	$160.08M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$32.40M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$51.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.66M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$94.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.08B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$60.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$59.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$734.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$776.93M	USD	Point-in-time
Goodwill	`Goodwill`	$886.37M	USD	Point-in-time
Goodwill	`Goodwill`	$886.37M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.96M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.35M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$10.08M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$9.64M	USD	Point-in-time
Deposits and other non-current assets	`DepositsAndOtherNoncurrentAssets`	$138.32M	USD	Point-in-time
Deposits and other non-current assets	`DepositsAndOtherNoncurrentAssets`	$155.87M	USD	Point-in-time
Total assets	`Assets`	$3.61B	USD	Point-in-time
Total assets	`Assets`	$4.04B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$436.26M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$517.59M	USD	Point-in-time
Liabilities to users	`LiabilitiesToUsersCurrent`	$686.17M	USD	Point-in-time
Liabilities to users	`LiabilitiesToUsersCurrent`	$600.15M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$4.25M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$3.31M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$37.52M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$38.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.08B	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`	$64.42M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.33M	USD	Point-in-time
Warrant liabilities	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$10.68M	USD	Point-in-time
Warrant liabilities	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$46.29M	USD	Point-in-time
Long-term income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$69.86M	USD	Point-in-time
Long-term income tax liability	`DeferredIncomeTaxLiabilitiesNet`	$69.28M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$78.13M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$70.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.59B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.72B	USD	Point-in-time
Commitments and contingent liabilities (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Treasury stock, at cost; 10,676 and 8,690 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$373.32M	USD	Point-in-time
Treasury stock, at cost; 10,676 and 8,690 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$332.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.96B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.75B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.61B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.13B	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`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.61B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.04B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$466.19M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$874.93M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$883.39M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.64B	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$312.77M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$626.15M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$1.03B	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$510.32M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$596.62M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$197.53M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$518.98M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$207.49M	USD	1 Quarter
Product and technology	`ProductAndTechnology`	$158.55M	USD	2 Qtrs
Product and technology	`ProductAndTechnology`	$177.99M	USD	2 Qtrs
Product and technology	`ProductAndTechnology`	$77.20M	USD	1 Quarter
Product and technology	`ProductAndTechnology`	$89.91M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$187.61M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$404.21M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$296.73M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$136.26M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-69.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-824.51M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-308.92M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-458.83M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.39M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$13.41M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$25.21M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$661.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$666.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.31M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.32M	USD	2 Qtrs
(Loss) gain on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-27.00M	USD	2 Qtrs
(Loss) gain on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$20.04M	USD	1 Quarter
(Loss) gain on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-14.31M	USD	1 Quarter
(Loss) gain on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$37.08M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$45.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.57M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$64.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$32.31M	USD	2 Qtrs
Loss before income tax provision and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-471.96M	USD	2 Qtrs
Loss before income tax provision and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-76.30M	USD	1 Quarter
Loss before income tax provision and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-298.25M	USD	1 Quarter
Loss before income tax provision and loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-763.12M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-80.76M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-81.23M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$651.00K	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$2.02M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-442.00K	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-323.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.43M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-78.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-77.27M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-474.42M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-217.10M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-397.15M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-684.80M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.03	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.61	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.61	USD	2 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-77.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-474.42M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-397.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-684.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$74.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$96.48M	USD	2 Qtrs
Non-cash interest (income) expense, net	`AmortizationOfDebtDiscountPremium`	$-378.00K	USD	2 Qtrs
Non-cash interest (income) expense, net	`AmortizationOfDebtDiscountPremium`	$931.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$206.59M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$322.60M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-442.00K	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-323.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-2.43M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-78.00K	USD	1 Quarter
Loss (gain) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-27.00M	USD	2 Qtrs
Loss (gain) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$20.04M	USD	1 Quarter
Loss (gain) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-14.31M	USD	1 Quarter
Loss (gain) on remeasurement of warrant liabilities	`FairValueAdjustmentOfWarrants`	$37.08M	USD	2 Qtrs
Loss (gain) on marketable equity securities and other financial assets	`EquitySecuritiesFVNIAndOtherFinancialAssetsGainLoss`	$31.81M	USD	2 Qtrs
Loss (gain) on marketable equity securities and other financial assets	`EquitySecuritiesFVNIAndOtherFinancialAssetsGainLoss`	$-75.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.99M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-76.66M	USD	2 Qtrs
Other expenses, net	`OtherNoncashIncomeExpense`	$3.35M	USD	2 Qtrs
Other expenses, net	`OtherNoncashIncomeExpense`	$2.67M	USD	2 Qtrs
Receivables reserved for users	`IncreaseDecreaseInReceivablesReservedForUsers`	$-50.93M	USD	2 Qtrs
Receivables reserved for users	`IncreaseDecreaseInReceivablesReservedForUsers`	$2.06M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.30M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.77M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.26M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$47.57M	USD	2 Qtrs
Deposits and other non-current assets	`IncreaseDecreaseInDepositsAndOtherNonCurrentAssets`	$135.00K	USD	2 Qtrs
Deposits and other non-current assets	`IncreaseDecreaseInDepositsAndOtherNonCurrentAssets`	$6.24M	USD	2 Qtrs
Operating leases, net	`Increasedecreaseinoperatingleasesnet`	$240.00K	USD	2 Qtrs
Operating leases, net	`Increasedecreaseinoperatingleasesnet`	$1.46M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.66M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-79.93M	USD	2 Qtrs
Liabilities to users	`IncreaseDecreaseInLiabilitiesToUsers`	$-51.20M	USD	2 Qtrs
Liabilities to users	`IncreaseDecreaseInLiabilitiesToUsers`	$-86.03M	USD	2 Qtrs
Long-term income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.27M	USD	2 Qtrs
Long-term income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-575.00K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$6.11M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.00M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-529.30M	USD	2 Qtrs
Net cash flows used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-219.21M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.65M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.46M	USD	2 Qtrs
Cash paid for internally developed software costs	`PaymentsToDevelopSoftware`	$39.29M	USD	2 Qtrs
Cash paid for internally developed software costs	`PaymentsToDevelopSoftware`	$29.42M	USD	2 Qtrs
Acquisition of gaming licenses	`AcquisitionOfGamingLicenses`	$3.39M	USD	2 Qtrs
Acquisition of gaming licenses	`AcquisitionOfGamingLicenses`	$1.96M	USD	2 Qtrs
Proceeds from marketable equity securities and other financial assets	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$24.43M	USD	2 Qtrs
Proceeds from marketable equity securities and other financial assets	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$96.51M	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$482.00K	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$3.70M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.95M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-147.47M	USD	2 Qtrs
Proceeds from shares issued for warrants	`ProceedsFromWarrantExercises`	$44.00K	USD	2 Qtrs
Proceeds from shares issued for warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$41.18M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$17.48M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.90M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.34M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.53M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.85M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-284.01M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-689.30M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	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	`CashAndCashEquivalentsAtCarryingValue`	$1.51B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Cash reserved for users	`RestrictedCashAndCashEquivalents`	$426.17M	USD	Point-in-time
Cash reserved for users	`RestrictedCashAndCashEquivalents`	$381.10M	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.78B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.49B	USD	Point-in-time
Total cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.63B	USD	Point-in-time
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$460.00K	USD	2 Qtrs
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$460.13M	USD	1 Quarter
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Investing activities included in changes in accounts payable and accrued expenses	`InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses`	$9.43M	USD	2 Qtrs
Investing activities included in changes in accounts payable and accrued expenses	`InvestingActivitiesIncludedInAccountsPayableAndAccruedExpenses`	$637.00K	USD	2 Qtrs
Decrease of warrant liabilities from cashless exercise of warrants	`DecreaseOfWarrantLiabilitiesFromWarrantExercises`	$1.47M	USD	2 Qtrs
Decrease of warrant liabilities from cashless exercise of warrants	`DecreaseOfWarrantLiabilitiesFromWarrantExercises`	-	USD	2 Qtrs
Decrease in cash reserved for users	`IncreaseDecreaseInCashReservedForUsers`	$88.56M	USD	2 Qtrs
Decrease in cash reserved for users	`IncreaseDecreaseInCashReservedForUsers`	$50.78M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.39B	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	14.61M	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.77M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.14M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.19M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.13M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$135.52M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$117.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.19M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$187.08M	USD	1 Quarter
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$460.00K	USD	2 Qtrs
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$460.13M	USD	1 Quarter
Equity consideration issued for acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Shares issued for exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercises`	$1.47M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$3.39M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$27.36M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$13.83M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredParValueMethod`	$14.08M	USD	1 Quarter
Restricted stock unit vesting	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Restricted stock unit vesting	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-77.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-474.42M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-217.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-467.69M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-397.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-684.80M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.39B	USD	Point-in-time

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