10-Q Filing

RAPID7, INC. CIK: 1560327 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001560327-20-000076`
Period End Date	20200331
Filing Date	20200508
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	rp-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 32 Cash Flow Statement 66 Stockholders Equity 22 Comprehensive Income 10

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.83M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.25M	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`	$123.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.43M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$36.38M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$116.16M	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
Accounts receivable, net of allowance for doubtful accounts of $2,251 and $1,829 at March 31, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$64.39M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,251 and $1,829 at March 31, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$87.93M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$17.05M	USD	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`	$17.49M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.91M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.05M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$364.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	49.91M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.42M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$342.32M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$22.89M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$12.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.08M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$60.98M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$62.94M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$34.21M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$34.29M	USD	Point-in-time
Goodwill	`Goodwill`	$97.87M	USD	Point-in-time
Goodwill	`Goodwill`	$97.87M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$27.87M	USD	Point-in-time
Other assets	`OtherAssets`	$5.14M	USD	Point-in-time
Other assets	`OtherAssets`	$5.52M	USD	Point-in-time
Total assets	`Assets`	$633.68M	USD	Point-in-time
Total assets	`Assets`	$664.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$41.02M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$26.49M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$7.18M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$8.87M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$219.43M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$231.52M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$119.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$264.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$286.67M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$185.20M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$187.94M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$71.59M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$72.29M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$36.23M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.64M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$581.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$557.38M	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; 0 shares issued at March 31, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; 0 shares issued at March 31, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2020 and December 31, 2019; 50,906,182 and 50,397,922 shares issued at March 31, 2020 and December 31, 2019, respectively; 50,419,374 and 49,911,114 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$504.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2020 and December 31, 2019; 50,906,182 and 50,397,922 shares issued at March 31, 2020 and December 31, 2019, respectively; 50,419,374 and 49,911,114 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$499.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at March 31, 2020 and December 31, 2019	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$621.99M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$605.65M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$213.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-78.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-541.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-518.43M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$87.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$76.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$83.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$88.85M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$664.91M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$633.68M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$94.34M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$73.19M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$27.71M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$19.97M	USD	1 Quarter
Total gross profit	`GrossProfit`	$53.21M	USD	1 Quarter
Total gross profit	`GrossProfit`	$66.63M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$17.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$24.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.14M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$48.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$86.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$62.96M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-19.82M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.74M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.05M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.73M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.23M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-206.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-447.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.68M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.45M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$225.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$243.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-22.92M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.67M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.46	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	50.13M	shares	1 Quarter
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	47.83M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-22.92M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.43M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.74M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.51M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$13.35M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.63M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$527.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$437.00K	USD	1 Quarter
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-447.00K	USD	1 Quarter
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-249.00K	USD	1 Quarter
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$138.00K	USD	1 Quarter
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$722.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.73M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-22.61M	USD	1 Quarter
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$1.09M	USD	1 Quarter
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$516.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.94M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-135.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$66.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.01M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.69M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-14.56M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-16.67M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-12.10M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.06M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.60M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.21M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.57M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.46M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.76M	USD	1 Quarter
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$1.60M	USD	1 Quarter
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$1.47M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$24.27M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$63.03M	USD	1 Quarter
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$72.74M	USD	1 Quarter
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$113.92M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-355.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$85.42M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$979.00K	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$3.35M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$2.63M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.72M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.56M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.37M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.37M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-148.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-560.00K	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.70M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$81.02M	USD	1 Quarter
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`	$89.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	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`	$89.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.44M	USD	1 Quarter
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.34M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$33.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$88.00K	USD	1 Quarter
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	-	USD	1 Quarter
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	$7.31M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$87.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$88.85M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.96M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.63M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.35M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.63M	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$980.00K	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.53M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.72M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$1.57M	USD	1 Quarter
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-291.00K	USD	1 Quarter
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$193.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-22.92M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.67M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$87.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$88.85M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-22.92M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.67M	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-235.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$193.00K	USD	1 Quarter
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$56.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-291.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$193.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.21M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-11.48M	USD	1 Quarter

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