10-K Filing

IRHYTHM TECHNOLOGIES, INC. CIK: 1388658 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001388658-23-000007`
Period End Date	20221231
Filing Date	20230223
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	irtc-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 51 Cash Flow Statement 116 Stockholders Equity 27 Comprehensive Income 9

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.56M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$78.83M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`MarketableSecuritiesCurrent`	$134.31M	USD	Point-in-time
Short-term investments	`MarketableSecuritiesCurrent`	$111.57M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.92M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$46.43M	USD	Point-in-time
Inventory	`InventoryNet`	$15.15M	USD	Point-in-time
Inventory	`InventoryNet`	$10.27M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	30.19M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.69M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	29.49M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$305.52M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	30.19M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$288.77M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	29.49M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$55.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$75.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$60.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$84.59M	USD	Point-in-time
Goodwill	`Goodwill`	$862.00K	USD	Point-in-time
Goodwill	`Goodwill`	$862.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$22.25M	USD	Point-in-time
Total assets	`Assets`	$462.97M	USD	Point-in-time
Total assets	`Assets`	$448.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.52M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$65.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$51.49M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.05M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.05M	USD	Point-in-time
Debt, current	`DebtCurrent`	$11.67M	USD	Point-in-time
Debt, current	`DebtCurrent`	-	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$13.03M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$87.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$89.10M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$9.69M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$34.94M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$697.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.31M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$83.07M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$85.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$208.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$183.45M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value 5,000,000 shares authorized at December 31, 2022 and 2021; and none issued and outstanding at December 31, 2022 and 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value 5,000,000 shares authorized at December 31, 2022 and 2021; and none issued and outstanding at December 31, 2022 and 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value 100,000,000 shares authorized at December 31, 2022 and 2021; 30,193,101 and 29,493,726 shares issued and outstanding at December 31, 2022 and 2021, respectively	`CommonStockValue`	$27.00K	USD	Point-in-time
Common stock, $0.001 par value 100,000,000 shares authorized at December 31, 2022 and 2021; 30,193,101 and 29,493,726 shares issued and outstanding at December 31, 2022 and 2021, respectively	`CommonStockValue`	$28.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$685.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$762.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-396.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-406.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-522.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$135.41M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$279.51M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$341.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$239.81M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$448.22M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$462.97M	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$410.92M	USD	Annual
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$265.17M	USD	Annual
Revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$322.82M	USD	Annual
Cost of revenue	`CostOfRevenue`	$109.26M	USD	Annual
Cost of revenue	`CostOfRevenue`	$70.28M	USD	Annual
Cost of revenue	`CostOfRevenue`	$129.29M	USD	Annual
Gross profit	`GrossProfit`	$281.63M	USD	Annual
Gross profit	`GrossProfit`	$194.89M	USD	Annual
Gross profit	`GrossProfit`	$213.57M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$41.33M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$38.67M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$46.61M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$322.20M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$274.84M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$197.23M	USD	Annual
Impairment and restructuring charges	`RestructuringCostsAndAssetImpairmentCharges`	$26.61M	USD	Annual
Impairment and restructuring charges	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	Annual
Impairment and restructuring charges	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	Annual
Total operating expenses	`OperatingExpenses`	$238.56M	USD	Annual
Total operating expenses	`OperatingExpenses`	$395.42M	USD	Annual
Total operating expenses	`OperatingExpenses`	$313.51M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-99.94M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-43.67M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-113.78M	USD	Annual
Interest expense	`InterestExpense`	$1.17M	USD	Annual
Interest expense	`InterestExpense`	$4.14M	USD	Annual
Interest expense	`InterestExpense`	$1.52M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.59M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$118.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.04M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-115.89M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-100.99M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.60M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$269.00K	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$229.00K	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$367.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-101.36M	USD	Annual
Net loss	`NetIncomeLoss`	$-43.83M	USD	Annual
Net loss	`NetIncomeLoss`	$-116.16M	USD	Annual
Net loss per common share, basic (in USD per share)	`EarningsPerShareBasic`	$-3.46	USD	Annual
Net loss per common share, basic (in USD per share)	`EarningsPerShareBasic`	$-3.88	USD	Annual
Net loss per common share, basic (in USD per share)	`EarningsPerShareBasic`	$-1.58	USD	Annual
Net loss per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$-3.46	USD	Annual
Net loss per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$-1.58	USD	Annual
Net loss per common share, diluted (in USD per share)	`EarningsPerShareDiluted`	$-3.88	USD	Annual
Weighted-average shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.33M	shares	Annual
Weighted-average shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.75M	shares	Annual
Weighted-average shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.92M	shares	Annual
Weighted-average shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.33M	shares	Annual
Weighted-average shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.75M	shares	Annual
Weighted-average shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.92M	shares	Annual

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-43.83M	USD	Annual
Net loss	`ProfitLoss`	$-101.36M	USD	Annual
Net loss	`ProfitLoss`	$-116.16M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$6.90M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$9.84M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$13.40M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$57.74M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$54.53M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$41.52M	USD	Annual
Amortization of premium and accretion of discounts on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-430.00K	USD	Annual
Amortization of premium and accretion of discounts on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.64M	USD	Annual
Amortization of premium and accretion of discounts on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$474.00K	USD	Annual
Provision for doubtful accounts and contractual allowances	`ProvisionForBadDebtAndContractualAllowance`	$37.07M	USD	Annual
Provision for doubtful accounts and contractual allowances	`ProvisionForBadDebtAndContractualAllowance`	$31.43M	USD	Annual
Provision for doubtful accounts and contractual allowances	`ProvisionForBadDebtAndContractualAllowance`	$58.35M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.03M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.20M	USD	Annual
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.75M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$23.16M	USD	Annual
Impairment charges	`AssetImpairmentCharges`	-	USD	Annual
Other	`OtherNoncashExpense`	-	USD	Annual
Other	`OtherNoncashExpense`	$264.00K	USD	Annual
Other	`OtherNoncashExpense`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$53.57M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.96M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$61.84M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$5.11M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$1.39M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$4.96M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.03M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.33M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$862.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$6.20M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.83M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$6.15M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.13M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.88M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.99M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.47M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.95M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.31M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-321.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.12M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.26M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.09M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-4.82M	USD	Annual
Reimbursement of tenant improvement allowance	`ReimbursementOfTenantImprovementAllowance`	$2.35M	USD	Annual
Reimbursement of tenant improvement allowance	`ReimbursementOfTenantImprovementAllowance`	-	USD	Annual
Reimbursement of tenant improvement allowance	`ReimbursementOfTenantImprovementAllowance`	$3.28M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.75M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.76M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-23.01M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.83M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.07M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.55M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$188.57M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$277.51M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$122.18M	USD	Annual
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	Annual
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$14.53M	USD	Annual
Sales of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$34.97M	USD	Annual
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$255.51M	USD	Annual
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$131.00M	USD	Annual
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$144.15M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$105.26M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-132.39M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.43M	USD	Annual
Payment of loans	`RepaymentsOfLongTermDebt`	$21.39M	USD	Annual
Payment of loans	`RepaymentsOfLongTermDebt`	$11.67M	USD	Annual
Payment of loans	`RepaymentsOfLongTermDebt`	$1.94M	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfDebt`	$35.00M	USD	Annual
Proceeds from term loans	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Issuance of common stock in connection with follow-on public offering, net	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Issuance of common stock in connection with follow-on public offering, net	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Issuance of common stock in connection with follow-on public offering, net	`ProceedsFromStockOptionsExercised`	$206.03M	USD	Annual
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromStockPlans`	$13.18M	USD	Annual
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromStockPlans`	$8.94M	USD	Annual
Proceeds from issuance of common stock in connection with employee equity incentive plans	`ProceedsFromStockPlans`	$20.24M	USD	Annual
Tax withholding upon vesting of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.01M	USD	Annual
Tax withholding upon vesting of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.85M	USD	Annual
Tax withholding upon vesting of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	Annual
Payment of issuance costs for long-term debt	`PaymentsOfFinancingCosts`	-	USD	Annual
Payment of issuance costs for long-term debt	`PaymentsOfFinancingCosts`	$77.00K	USD	Annual
Payment of issuance costs for long-term debt	`PaymentsOfFinancingCosts`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$214.32M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.58M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.72M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$38.93M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-48.73M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$68.17M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.83M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.56M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.63M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.46M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$78.83M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$127.56M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.63M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.46M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$3.32M	USD	Annual
Interest paid	`InterestPaidNet`	$1.19M	USD	Annual
Interest paid	`InterestPaidNet`	$1.50M	USD	Annual
Cash taxes paid	`IncomeTaxesPaidNet`	$287.00K	USD	Annual
Cash taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Cash taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Property and equipment costs included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$160.00K	USD	Annual
Property and equipment costs included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$9.00K	USD	Annual
Property and equipment costs included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$3.00K	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.69M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.62M	USD	Annual
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$621.00K	USD	Annual
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$3.59M	USD	Annual
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.86M	USD	Annual
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.13M	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	30.19M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	29.49M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$135.41M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$279.51M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$341.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$239.81M	USD	Point-in-time
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.94M	USD	Annual
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$20.24M	USD	Annual
Issuance of common stock in connection with employee equity incentive plans, net	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.18M	USD	Annual
Issuance of common stock in connection with follow-on public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$206.03M	USD	Annual
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.85M	USD	Annual
Tax withholding upon vesting of restricted stock awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.01M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$63.60M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.30M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.25M	USD	Annual
Net loss	`NetIncomeLoss`	$-101.36M	USD	Annual
Net loss	`NetIncomeLoss`	$-43.83M	USD	Annual
Net loss	`NetIncomeLoss`	$-116.16M	USD	Annual
Net change in unrealized loss on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-335.00K	USD	Annual
Net change in unrealized loss on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-71.00K	USD	Annual
Net change in unrealized loss on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-72.00K	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	30.19M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	29.49M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$135.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$279.51M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$341.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$239.81M	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-101.36M	USD	Annual
Net loss	`NetIncomeLoss`	$-43.83M	USD	Annual
Net loss	`NetIncomeLoss`	$-116.16M	USD	Annual
Net change in unrealized losses on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-335.00K	USD	Annual
Net change in unrealized losses on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-71.00K	USD	Annual
Net change in unrealized losses on short-term investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-72.00K	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-43.90M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-101.43M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-116.49M	USD	Annual

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