10-Q Filing

8X8 INC /DE/ CIK: 1023731 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001023731-22-000169`
Period End Date	20220630
Filing Date	20220801
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	eght-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 28 Cash Flow Statement 82 Stockholders Equity 18 Comprehensive Income 8

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.69M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$590.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$8.69M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$8.18M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$48.95M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$44.84M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$55.44M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$57.40M	USD	Point-in-time
Deferred sales commission costs, current	`CapitalizedContractCostNetCurrent`	$36.51M	USD	Point-in-time
Deferred sales commission costs, current	`CapitalizedContractCostNetCurrent`	$35.48M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$38.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$38.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$275.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$272.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$79.02M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$73.88M	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$63.41M	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.86M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$122.74M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$128.21M	USD	Point-in-time
Goodwill	`Goodwill`	$266.87M	USD	Point-in-time
Goodwill	`Goodwill`	$265.03M	USD	Point-in-time
Goodwill	`Goodwill`	$266.87M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$800.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$462.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$818.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$818.00K	USD	Point-in-time
Long-term investments	`LongTermInvestments`	-	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$2.67M	USD	Point-in-time
Deferred sales commission costs, non-current	`CapitalizedContractCostNetNoncurrent`	$76.08M	USD	Point-in-time
Deferred sales commission costs, non-current	`CapitalizedContractCostNetNoncurrent`	$75.67M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$17.98M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$18.03M	USD	Point-in-time
Total assets	`Assets`	$889.15M	USD	Point-in-time
Total assets	`Assets`	$910.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.58M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$36.32M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$33.71M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$31.86M	USD	Point-in-time
Accrued taxes	`AccruedIncomeTaxesCurrent`	$32.57M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.42M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$15.48M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$34.26M	USD	Point-in-time
Deferred revenue, current	`ContractWithCustomerLiabilityCurrent`	$34.06M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$23.17M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$18.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$191.53M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$71.81M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$74.52M	USD	Point-in-time
Convertible senior notes, net	`LongTermDebtNoncurrent`	$494.44M	USD	Point-in-time
Convertible senior notes, net	`LongTermDebtNoncurrent`	$447.45M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$11.43M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$11.02M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.98M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$727.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$755.62M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$118.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$120.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$895.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$956.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.91M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-745.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-766.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$182.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$160.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$133.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$156.80M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$910.27M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$889.15M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$148.33M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$187.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$34.95M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.39M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$83.53M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$75.92M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$214.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$187.15M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-38.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-26.75M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-4.82M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.12M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.64M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$405.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$256.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-43.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.04M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.22	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.92M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	119.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.92M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-43.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.04M	USD	1 Quarter
Depreciation	`Depreciation`	$2.79M	USD	1 Quarter
Depreciation	`Depreciation`	$2.92M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$5.48M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.28M	USD	1 Quarter
Amortization of capitalized internal-use software costs	`CapitalizedComputerSoftwareAmortization1`	$5.96M	USD	1 Quarter
Amortization of capitalized internal-use software costs	`CapitalizedComputerSoftwareAmortization1`	$7.24M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$831.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.39M	USD	1 Quarter
Amortization of deferred sales commission costs	`AmortizationOfDeferredSalesCommissions`	$8.24M	USD	1 Quarter
Amortization of deferred sales commission costs	`AmortizationOfDeferredSalesCommissions`	$9.17M	USD	1 Quarter
Allowance for credit losses	`ProvisionForDoubtfulAccounts`	$695.00K	USD	1 Quarter
Allowance for credit losses	`ProvisionForDoubtfulAccounts`	$383.00K	USD	1 Quarter
Operating lease expense, net of accretion	`OperatingLeaseCost`	$3.46M	USD	1 Quarter
Operating lease expense, net of accretion	`OperatingLeaseCost`	$3.12M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$36.59M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$27.81M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$456.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$713.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$99.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-924.00K	USD	1 Quarter
Deferred sales commission costs	`IncreaseDecreaseInDeferredCharges`	$9.25M	USD	1 Quarter
Deferred sales commission costs	`IncreaseDecreaseInDeferredCharges`	$11.62M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.55M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$692.00K	USD	1 Quarter
Accounts payable and accruals	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.79M	USD	1 Quarter
Accounts payable and accruals	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.06M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.01M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-605.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.84M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.03M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$971.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$878.00K	USD	1 Quarter
Capitalized internal-use software costs	`PaymentsForSoftware`	$6.55M	USD	1 Quarter
Capitalized internal-use software costs	`PaymentsForSoftware`	$2.31M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$28.72M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$18.84M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.94M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$10.30M	USD	1 Quarter
Proceeds from maturities of investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$15.59M	USD	1 Quarter
Proceeds from maturities of investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$14.70M	USD	1 Quarter
Acquisition of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition of business	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.25M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.84M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.15M	USD	1 Quarter
Finance lease payments	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Finance lease payments	`FinanceLeasePrincipalPayments`	$4.00K	USD	1 Quarter
Tax-related withholding of common stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Tax-related withholding of common stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$99.00K	USD	1 Quarter
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromStockPlans`	$3.54M	USD	1 Quarter
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromStockPlans`	$65.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.44M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$65.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.68M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$436.00K	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.24M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.62M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.09M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$337.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$461.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.69M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$590.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$8.69M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$8.18M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$800.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$462.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$818.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$818.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$121.17M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.71M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.93M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.09M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$182.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$160.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$133.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$156.80M	USD	Point-in-time
Issuance of common stock under stock plans, less withholding	`StockIssuedDuringPeriodValueShareBasedCompensation`	$65.00K	USD	1 Quarter
Issuance of common stock under stock plans, less withholding	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.44M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.81M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.51M	USD	1 Quarter
Unrealized investment loss	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-94.00K	USD	1 Quarter
Unrealized investment loss	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-33.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$283.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-43.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.04M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$182.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$160.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$133.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$156.80M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-43.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.04M	USD	1 Quarter
Unrealized loss on investments in securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-94.00K	USD	1 Quarter
Unrealized loss on investments in securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-33.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodExcludingAdditionalPaidInCapitalNetOfTax`	$-8.38M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodExcludingAdditionalPaidInCapitalNetOfTax`	$283.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-43.66M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.52M	USD	1 Quarter

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