10-Q Filing

THREDUP INC. CIK: 1484778 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001484778-21-000073`
Period End Date	20210630
Filing Date	20210811
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	tdup-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 66 Cash Flow Statement 60 Stockholders Equity 61

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.48M	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	68.14M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$57.38M	USD	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	65.97M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.54M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.82M	USD	Point-in-time
Convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	65.97M	shares	Point-in-time
Inventory, net	`InventoryNet`	$4.36M	USD	Point-in-time
Inventory, net	`InventoryNet`	$3.52M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.33M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$242.77M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.12B	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$21.27M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$23.66M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	12.89M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	94.78M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	12.89M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	94.78M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$41.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$45.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.84M	USD	Point-in-time
Total assets	`Assets`	$312.37M	USD	Point-in-time
Total assets	`Assets`	$142.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.36M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$39.52M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$32.54M	USD	Point-in-time
Seller payable	`SellerPayableCurrent`	$13.72M	USD	Point-in-time
Seller payable	`SellerPayableCurrent`	$16.71M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$2.85M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$3.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.27M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$62.56M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$21.57M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$20.03M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$31.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$31.39M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.72M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$131.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$118.05M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$247.04M	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Convertible preferred stock: $0.0001 par value; 100,000,000 and 68,139,958 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 65,970,938 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Class A and B common stock, $0.0001 par value; 1,120,000,000 and 110,000,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 94,780,166 and 12,889,760 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Class A and B common stock, $0.0001 par value; 1,120,000,000 and 110,000,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 94,780,166 and 12,889,760 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$9.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$463.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-282.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-252.17M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$180.84M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-195.57M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-222.18M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-183.24M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-200.03M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$191.43M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity	`LiabilitiesAndStockholdersEquity`	$312.37M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity	`LiabilitiesAndStockholdersEquity`	$142.91M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$59.96M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$115.64M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.65M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$47.34M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$15.83M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$30.01M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$31.79M	USD	2 Qtrs
Total cost of revenue	`CostOfRevenue`	$14.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$83.85M	USD	2 Qtrs
Gross profit	`GrossProfit`	$65.64M	USD	2 Qtrs
Gross profit	`GrossProfit`	$33.01M	USD	1 Quarter
Gross profit	`GrossProfit`	$44.13M	USD	1 Quarter
Operations, product and technology	`OperationsProductAndTechnologyExpense`	$31.06M	USD	1 Quarter
Operations, product and technology	`OperationsProductAndTechnologyExpense`	$59.37M	USD	2 Qtrs
Operations, product and technology	`OperationsProductAndTechnologyExpense`	$22.15M	USD	1 Quarter
Operations, product and technology	`OperationsProductAndTechnologyExpense`	$47.62M	USD	2 Qtrs
Marketing	`MarketingExpense`	$15.96M	USD	1 Quarter
Marketing	`MarketingExpense`	$23.90M	USD	2 Qtrs
Marketing	`MarketingExpense`	$31.40M	USD	2 Qtrs
Marketing	`MarketingExpense`	$10.90M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.44M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.64M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$11.00M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.87M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$39.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$85.39M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$58.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.41M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-6.47M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-19.76M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-28.56M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-13.89M	USD	1 Quarter
Interest and other (expense) income, net	`NonoperatingIncomeExpense`	$-1.95M	USD	2 Qtrs
Interest and other (expense) income, net	`NonoperatingIncomeExpense`	$-480.00K	USD	1 Quarter
Interest and other (expense) income, net	`NonoperatingIncomeExpense`	$-183.00K	USD	1 Quarter
Interest and other (expense) income, net	`NonoperatingIncomeExpense`	$-115.00K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.66M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.87M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.51M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.37M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-14.38M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.55M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareDiluted`	$-0.54	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareDiluted`	$-0.61	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareDiluted`	$-1.84	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.54	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareBasic`	$-1.84	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.61	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.81M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.85M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.78M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	94.43M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.81M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.78M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.43M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.85M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-13.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-14.38M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.55M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.90M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.39M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.41M	USD	2 Qtrs
Reduction in the carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.38M	USD	2 Qtrs
Reduction in the carrying amount of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.86M	USD	2 Qtrs
Changes in fair value of convertible preferred stock warrants and others	`FairValueAdjustmentOfWarrants`	$1.18M	USD	2 Qtrs
Changes in fair value of convertible preferred stock warrants and others	`FairValueAdjustmentOfWarrants`	$-7.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$126.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-278.00K	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$843.00K	USD	2 Qtrs
Inventory, net	`IncreaseDecreaseInInventories`	$-565.00K	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-136.00K	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.36M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.36M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.72M	USD	2 Qtrs
Accrued and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$8.17M	USD	2 Qtrs
Accrued and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.91M	USD	2 Qtrs
Seller payable	`IncreaseDecreaseInSellerPayable`	$2.98M	USD	2 Qtrs
Seller payable	`IncreaseDecreaseInSellerPayable`	$3.07M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.98M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.34M	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$759.00K	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.47M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.09M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$57.42M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.00M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.42M	USD	2 Qtrs
Proceeds from debt issuance, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$8.43M	USD	2 Qtrs
Proceeds from debt issuance, net of issuance costs	`ProceedsFromDebtNetOfIssuanceCosts`	$4.62M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$1.19M	USD	2 Qtrs
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$180.28M	USD	2 Qtrs
Proceeds from exercise of common stock options and withholding taxes for the net share settlement of restricted stock units	`ProceedsFromStockOptionsExercisedAndPaymentTaxWithholdingShareBasedPaymentArrangement`	$2.81M	USD	2 Qtrs
Proceeds from exercise of common stock options and withholding taxes for the net share settlement of restricted stock units	`ProceedsFromStockOptionsExercisedAndPaymentTaxWithholdingShareBasedPaymentArrangement`	$242.00K	USD	2 Qtrs
Payment of costs for the initial public offering	`PaymentsOfStockIssuanceCosts`	$81.00K	USD	2 Qtrs
Payment of costs for the initial public offering	`PaymentsOfStockIssuanceCosts`	$3.63M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.40M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$184.08M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$108.57M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.76M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.11M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.54M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$87.85M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.09M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.11M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.54M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$87.85M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.09M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	65.97M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$247.04M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Preferred stock conversion to Class B common stock (in shares)	`TemporaryEquityConversionOfConvertibleSecuritiesShares`	65.97M	shares	1 Quarter
Preferred stock conversion to Class B common stock	`TemporaryEquityConversionOfConvertibleSecuritiesValue`	$247.04M	USD	1 Quarter
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	65.97M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	65.93M	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$247.04M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$246.91M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	12.89M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	94.78M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$180.84M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-195.57M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-222.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-183.24M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-200.03M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$191.43M	USD	Point-in-time
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$959.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.88M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$232.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.44M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.97M	USD	1 Quarter
Conversion of preferred stock warrants to Class B common stock warrants	`AdjustmentsToAdditionalPaidInCapitalConversionOfConvertibleWarrants`	$1.83M	USD	1 Quarter
Preferred stock conversion to Class B common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$247.04M	USD	1 Quarter
Sale of Class A common stock upon initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$175.53M	USD	1 Quarter
Withholding taxes for the net share settlement of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$29.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-36.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.87M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-14.38M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.66M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-30.55M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	12.89M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	94.78M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$180.84M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-195.57M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-222.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-183.24M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-200.03M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$191.43M	USD	Point-in-time

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