10-Q Filing

IRHYTHM TECHNOLOGIES, INC. CIK: 1388658 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001388658-20-000266`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	irtc-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 56 Cash Flow Statement 70 Stockholders Equity 38 Comprehensive Income 12

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$11.04M	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$7.33M	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$9.05M	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$7.30M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.46M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$120.09M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$231.90M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowances for doubtful accounts of $11,037 and $9,049 as of September 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$28.95M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowances for doubtful accounts of $11,037 and $9,049 as of September 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$23.87M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$4.04M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$5.06M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.34M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	28.86M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	26.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$172.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$365.94M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	26.68M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	28.86M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	-	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$8.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.77M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$26.46M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$90.12M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$86.25M	USD	Point-in-time
Goodwill	`Goodwill`	$862.00K	USD	Point-in-time
Goodwill	`Goodwill`	$862.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.38M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.94M	USD	Point-in-time
Total assets	`Assets`	$306.21M	USD	Point-in-time
Total assets	`Assets`	$497.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.24M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$32.19M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$32.71M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.25M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$938.00K	USD	Point-in-time
Debt, current portion	`DebtCurrent`	$1.94M	USD	Point-in-time
Debt, current portion	`DebtCurrent`	$10.69M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$7.91M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$8.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.87M	USD	Point-in-time
Debt, noncurrent portion	`LongTermDebtNoncurrent`	$32.99M	USD	Point-in-time
Debt, noncurrent portion	`LongTermDebtNoncurrent`	$24.25M	USD	Point-in-time
Operating lease liabilities, noncurrent portion	`OperatingLeaseLiabilityNoncurrent`	$82.54M	USD	Point-in-time
Operating lease liabilities, noncurrent portion	`OperatingLeaseLiabilityNoncurrent`	$85.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$170.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$162.66M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value 5,000,000 shares authorized at September 30, 2020 and December 31, 2019; and none issued and outstanding at September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value 5,000,000 shares authorized at September 30, 2020 and December 31, 2019; and none issued and outstanding at September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value 100,000,000 shares authorized at September 30, 2020 and December 31, 2019; 28,855,261 and 26,682,720 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$25.00K	USD	Point-in-time
Common stock, $0.001 par value 100,000,000 shares authorized at September 30, 2020 and December 31, 2019; 28,855,261 and 26,682,720 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$27.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$629.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$395.69M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$68.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$82.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-295.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-260.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$52.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$142.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$117.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$135.41M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$46.75M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$334.55M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$306.21M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$497.20M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$54.67M	USD	1 Quarter
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.94M	USD	1 Quarter
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$186.36M	USD	3 Qtrs
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$155.45M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$13.79M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$49.78M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$38.57M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$18.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$40.89M	USD	1 Quarter
Gross profit	`GrossProfit`	$53.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$116.88M	USD	3 Qtrs
Gross profit	`GrossProfit`	$136.58M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$28.03M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.73M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$8.77M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$49.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$140.94M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$45.65M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$125.88M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$58.47M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$59.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$153.91M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$170.67M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-18.26M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-37.03M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-4.76M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-34.09M	USD	3 Qtrs
Interest expense	`InterestExpense`	$384.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$409.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.26M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$569.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$396.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.07M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.31M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-18.27M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.57M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-33.93M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-37.22M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$105.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$47.00K	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$253.00K	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$20.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.18M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.68M	USD	1 Quarter
Net loss per common share, basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-1.25	USD	3 Qtrs
Net loss per common share, basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.17	USD	1 Quarter
Net loss per common share, basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.72	USD	1 Quarter
Net loss per common share, basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-1.50	USD	3 Qtrs
Weighted-average shares, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.82M	shares	3 Qtrs
Weighted-average shares, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.36M	shares	3 Qtrs
Weighted-average shares, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.05M	shares	1 Quarter
Weighted-average shares, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.25M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-34.18M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-37.27M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.92M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$900.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.26M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$19.06M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$27.52M	USD	3 Qtrs
Accretion of discounts on investments, net and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$28.00K	USD	3 Qtrs
Accretion of discounts on investments, net and other	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$565.00K	USD	3 Qtrs
Provision for doubtful accounts and contractual allowances	`ProvisionForDoubtfulAccountsAndContractualAllowances`	$20.45M	USD	3 Qtrs
Provision for doubtful accounts and contractual allowances	`ProvisionForDoubtfulAccountsAndContractualAllowances`	$17.58M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetsAmortization`	$7.45M	USD	3 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetsAmortization`	$4.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.80M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.45M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.06M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$347.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$3.44M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.37M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-119.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.70M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.63M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.37M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-313.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-334.00K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.54M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-4.08M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.58M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.19M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.64M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$214.89M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$146.03M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$14.53M	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$96.64M	USD	3 Qtrs
Maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$77.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.77M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-114.91M	USD	3 Qtrs
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromIssuanceOfCommonStock`	$206.80M	USD	Point-in-time
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromIssuanceOfCommonStock`	$6.41M	USD	3 Qtrs
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromIssuanceOfCommonStock`	$107.30M	USD	Point-in-time
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromIssuanceOfCommonStock`	$13.68M	USD	3 Qtrs
Tax withholding upon vesting of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.71M	USD	3 Qtrs
Tax withholding upon vesting of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.11M	USD	3 Qtrs
Issuance of common stock in connection with follow-on public offering, net of offering costs	`ProceedsFromStockOptionsExercised`	$107.08M	USD	3 Qtrs
Issuance of common stock in connection with follow-on public offering, net of offering costs	`ProceedsFromStockOptionsExercised`	$206.39M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$108.38M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$211.36M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$74.87M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.61M	USD	3 Qtrs
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.63M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.46M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.02M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.34M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.63M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.46M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.02M	USD	Point-in-time
Cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$95.34M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$1.13M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.25M	USD	3 Qtrs
Property and equipment costs included in accounts payable and accrued liabilities	`PropertyPlantAndEquipmentCostsIncludedInLiabilities`	$47.00K	USD	3 Qtrs
Property and equipment costs included in accounts payable and accrued liabilities	`PropertyPlantAndEquipmentCostsIncludedInLiabilities`	$2.26M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$621.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$89.17M	USD	3 Qtrs
Offering costs in accounts payable and accrued liabilities	`StockIssuanceCostsIncurredButNotYetPaid`	$356.00K	USD	3 Qtrs
Offering costs in accounts payable and accrued liabilities	`StockIssuanceCostsIncurredButNotYetPaid`	$217.00K	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$52.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$142.59M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$117.95M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$135.41M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$46.75M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$334.55M	USD	Point-in-time
Issuance of common stock in connection with employee equity incentive plans, net (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	540,307.00	shares	Annual
Issuance of common stock in connection with employee equity incentive plans, net (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	731,182.00	shares	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.32M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.68M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.41M	USD	3 Qtrs
Issuance of common stock in connection with follow-on public offering, net of discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$107.30M	USD	1 Quarter
Issuance of common stock in connection with follow-on public offering, net of discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$107.30M	USD	3 Qtrs
Issuance of common stock in connection with follow-on public offering, net of discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$206.03M	USD	3 Qtrs
Issuance of common stock in connection with follow-on public offering, net of discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$206.03M	USD	1 Quarter
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.11M	USD	3 Qtrs
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.55M	USD	1 Quarter
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.56M	USD	1 Quarter
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.71M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.06M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.79M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.18M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.68M	USD	1 Quarter
Net change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-14.00K	USD	3 Qtrs
Net change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-113.00K	USD	1 Quarter
Net change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.00K	USD	3 Qtrs
Net change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-21.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$52.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$142.59M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$117.95M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$135.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$46.75M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$334.55M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.18M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.68M	USD	1 Quarter
Net change in unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-14.00K	USD	3 Qtrs
Net change in unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-113.00K	USD	1 Quarter
Net change in unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.00K	USD	3 Qtrs
Net change in unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-21.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.79M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-37.21M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.19M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-18.31M	USD	1 Quarter

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