10-Q Filing

RAPID7, INC. CIK: 1560327 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001560327-20-000136`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	rp-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 64 Cash Flow Statement 83 Stockholders Equity 42 Comprehensive Income 20

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.61M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.83M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$123.41M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$279.34M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$36.31M	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
Short-term investments	`ShortTermInvestments`	$116.16M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,608 and $1,829 at June 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$87.93M	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 $2,608 and $1,829 at June 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNet`	$76.82M	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`	$18.44M	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`	$17.05M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	51.44M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.05M	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`	50.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$431.63M	USD	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`	$5.37M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$48.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$60.98M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$72.00M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$35.81M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$34.21M	USD	Point-in-time
Goodwill	`Goodwill`	$213.69M	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`	$47.71M	USD	Point-in-time
Other assets	`OtherAssets`	$5.30M	USD	Point-in-time
Other assets	`OtherAssets`	$5.14M	USD	Point-in-time
Total assets	`Assets`	$860.41M	USD	Point-in-time
Total assets	`Assets`	$664.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.84M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$41.02M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.16M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$7.18M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.44M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$231.52M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$227.32M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$119.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$286.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$280.00M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$185.20M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$368.16M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$80.08M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$72.29M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$33.28M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$36.23M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$769.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$581.75M	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2020 and December 31, 2019; 0 shares issued at June 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2020 and December 31, 2019; 0 shares issued at June 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2020 and December 31, 2019; 51,438,042 and 50,397,922 shares issued at June 30, 2020 and December 31, 2019, respectively; 50,951,234 and 49,911,114 shares outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$499.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2020 and December 31, 2019; 51,438,042 and 50,397,922 shares issued at June 30, 2020 and December 31, 2019, respectively; 50,951,234 and 49,911,114 shares outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$509.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2020 and December 31, 2019	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2020 and December 31, 2019	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$605.65M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$657.68M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$213.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$85.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-518.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-562.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$90.69M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$88.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$76.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$87.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$83.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$87.32M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$664.91M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$860.41M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$152.14M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$78.96M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$193.25M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$98.91M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$56.80M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$22.18M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$42.15M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$29.08M	USD	1 Quarter
Total gross profit	`GrossProfit`	$69.83M	USD	1 Quarter
Total gross profit	`GrossProfit`	$56.78M	USD	1 Quarter
Total gross profit	`GrossProfit`	$109.99M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$136.46M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$50.32M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.63M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$37.49M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$26.12M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$73.31M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$93.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$44.96M	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`	$11.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.58M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$172.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$131.91M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$85.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.96M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.92M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-15.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-35.55M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-12.18M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$208.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.31M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.26M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.38M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.31M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.54M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.92M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-235.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$210.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-237.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.23M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.91M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.94M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.39M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$235.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-519.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-294.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$478.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.42	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.88	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.52	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	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`	50.70M	shares	1 Quarter
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	50.41M	shares	2 Qtrs
Weighted-average common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	48.45M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Issuance costs, convertible debt	`PaymentsOfDebtIssuanceCostsConvertibleDebt`	$6.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.42M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.37M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.10M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.01M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$29.79M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.06M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.35M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.01M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-761.00K	USD	2 Qtrs
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-199.00K	USD	2 Qtrs
Foreign currency re-measurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-191.00K	USD	2 Qtrs
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$147.00K	USD	2 Qtrs
Other non-cash (income) expense	`OtherNoncashIncomeExpense`	$1.29M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.55M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.84M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$3.17M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$2.99M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.33M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.77M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.18M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$137.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.31M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.44M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-12.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.07M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.13M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-980.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.08M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.77M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$125.77M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.62M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.96M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.71M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$3.15M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$2.95M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$72.43M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$49.26M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$146.60M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$140.30M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.33M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$32.38M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $6,500	`ProceedsFromConvertibleDebt`	$223.50M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $6,500	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	$27.25M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$248.00K	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`	$3.45M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$3.35M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$2.63M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.73M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$199.62M	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`	$-151.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-301.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$157.21M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	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`	$99.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	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`	$99.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.34M	USD	2 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.44M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$319.00K	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$135.00K	USD	2 Qtrs
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	$14.02M	USD	2 Qtrs
Leasehold improvements acquired through tenant improvement allowance	`NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance`	-	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	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`	$99.56M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$88.85M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$87.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$87.32M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.86M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.83M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.43M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.06M	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`	$3.35M	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
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
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.92M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.86M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.45M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.84M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.16M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.73M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.33M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$6.06M	USD	2 Qtrs
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$382.00K	USD	2 Qtrs
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$163.00K	USD	1 Quarter
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$189.00K	USD	1 Quarter
Net unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-128.00K	USD	2 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.84M	USD	2 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.84M	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$27.25M	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$27.25M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$88.85M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$87.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$87.32M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-25.09M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.42M	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$189.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$128.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-107.00K	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$382.00K	USD	2 Qtrs
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-35.00K	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$21.00K	USD	2 Qtrs
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$189.00K	USD	1 Quarter
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$382.00K	USD	2 Qtrs
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-128.00K	USD	2 Qtrs
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$163.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-21.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.52M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.23M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-24.71M	USD	2 Qtrs

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