10-Q Filing

RAPID7, INC. CIK: 1560327 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001560327-19-000121`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	rpdq2201910q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 64 Cash Flow Statement 79 Stockholders Equity 40 Comprehensive Income 16

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.62M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.62M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.56M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$119.14M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$159.21M	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
Accounts receivable, net of allowance for doubtful accounts of $1,622 and $1,624 at June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$74.94M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,622 and $1,624 at June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNet`	$69.29M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$12.32M	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
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$13.85M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	49.28M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.42M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	48.09M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$355.78M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$344.26M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.80M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$44.89M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$18.68M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.52M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$51.86M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.42M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$29.27M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$27.63M	USD	Point-in-time
Goodwill	`Goodwill`	$97.87M	USD	Point-in-time
Goodwill	`Goodwill`	$88.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$29.73M	USD	Point-in-time
Other assets	`OtherAssets`	$1.17M	USD	Point-in-time
Other assets	`OtherAssets`	$5.19M	USD	Point-in-time
Total assets	`Assets`	$559.37M	USD	Point-in-time
Total assets	`Assets`	$636.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.05M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$37.38M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$33.07M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$6.06M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$189.85M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$199.05M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$126.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$707.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$234.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$251.28M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$174.69M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$179.79M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$71.72M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$58.72M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$44.94M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$472.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$548.75M	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2019 and December 31, 2018; 0 shares issued at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2019 and December 31, 2018; 0 shares issued at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2019 and December 31, 2018; 49,284,448 and 48,087,257 shares issued at June 30, 2019 and December 31, 2018, respectively; 48,797,640 and 47,600,449 shares outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$476.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2019 and December 31, 2018; 49,284,448 and 48,087,257 shares issued at June 30, 2019 and December 31, 2018, respectively; 48,797,640 and 47,600,449 shares outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$488.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2019 and December 31, 2018	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2019 and December 31, 2018	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$581.13M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$556.22M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$351.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-489.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-464.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$88.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$24.15M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$87.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$73.92M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$69.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$87.32M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$636.28M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$559.37M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$78.96M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$152.14M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$58.44M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$112.96M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$42.15M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$33.99M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$22.18M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$17.39M	USD	1 Quarter
Total gross profit	`GrossProfit`	$78.97M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$109.99M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$41.05M	USD	1 Quarter
Total gross profit	`GrossProfit`	$56.78M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$37.49M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$16.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$32.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.63M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$60.21M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$73.31M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$31.16M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$38.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.11M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.88M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$55.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$131.91M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$109.89M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$68.96M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.92M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-14.34M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-30.93M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-12.18M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$464.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.31M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$707.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.31M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.54M	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-248.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-326.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-235.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.94M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.20M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.47M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.39M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$226.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-519.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$131.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-294.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-30.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.33M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.67	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.31	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.52	USD	2 Qtrs
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	48.45M	shares	1 Quarter
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	48.14M	shares	2 Qtrs
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.28M	shares	1 Quarter
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.75M	shares	2 Qtrs

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Offering costs	`PaymentsOfStockIssuanceCosts`	$608.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-30.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.37M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.08M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.10M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.06M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.57M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$456.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.35M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-761.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	2 Qtrs
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-471.00K	USD	2 Qtrs
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-191.00K	USD	2 Qtrs
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$71.00K	USD	2 Qtrs
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$1.29M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.59M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.55M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$3.17M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$4.53M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.33M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.60M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.18M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.39M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.31M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.81M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.07M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.13M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-669.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.08M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.82M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.62M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.71M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.65M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$1.41M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$3.15M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$10.65M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$72.43M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$140.30M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$33.13M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.41M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$32.38M	USD	2 Qtrs
Proceeds from follow-on public offering, net of offering costs of $608	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Proceeds from follow-on public offering, net of offering costs of $608	`ProceedsFromIssuanceOrSaleOfEquity`	$30.91M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.84M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$2.63M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$1.63M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.66M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.19M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.85M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-314.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-151.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$27.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$49.47M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.76M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.34M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$315.00K	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$319.00K	USD	2 Qtrs
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	-	USD	2 Qtrs
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	$14.02M	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.56M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.57M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$101.23M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.76M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$88.85M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$24.15M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$87.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$73.92M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$69.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$87.32M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.06M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.57M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.43M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.35M	USD	1 Quarter
Issuance of common stock related to follow-on public offering	`StockIssuedDuringPeriodValueNewIssues`	$30.91M	USD	2 Qtrs
Issuance of common stock under Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.63M	USD	2 Qtrs
Issuance of common stock under Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.63M	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Forfeiture of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.84M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.86M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$543.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$5.09M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.13M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$6.06M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.33M	USD	1 Quarter
Net unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$15.00K	USD	2 Qtrs
Net unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$382.00K	USD	2 Qtrs
Net unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$189.00K	USD	1 Quarter
Net unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-30.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.33M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$88.85M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$24.15M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$87.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$73.92M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$69.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$87.32M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-30.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.33M	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$382.00K	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$189.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$15.00K	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$20.00K	USD	1 Quarter
Total change in unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$15.00K	USD	2 Qtrs
Total change in unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$20.00K	USD	1 Quarter
Total change in unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$382.00K	USD	2 Qtrs
Total change in unrealized gain on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$189.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-24.71M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-30.68M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.23M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-14.31M	USD	1 Quarter

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