10-Q Filing

RAPID7, INC. CIK: 1560327 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001560327-22-000050`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	rp-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 36 Cash Flow Statement 83 Stockholders Equity 25 Comprehensive Income 14

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.98M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.88M	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`	$503.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$58.85M	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`	$93.16M	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 credit losses of $1,879 and $1,978 at March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNet`	$146.09M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $1,879 and $1,978 at March 31, 2022 and December 31, 2021, respectively	`AccountsReceivableNet`	$107.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$29.97M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$30.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.05M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.18M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.24M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.24M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$410.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$432.74M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.70M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$28.30M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$34.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$89.20M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$83.75M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$59.12M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$57.19M	USD	Point-in-time
Goodwill	`Goodwill`	$515.33M	USD	Point-in-time
Goodwill	`Goodwill`	$515.26M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$108.25M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$111.59M	USD	Point-in-time
Other assets	`OtherAssets`	$13.00M	USD	Point-in-time
Other assets	`OtherAssets`	$11.19M	USD	Point-in-time
Total assets	`Assets`	$1.27B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$56.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$82.62M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$11.34M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.63M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$378.34M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$372.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$842.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$468.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$459.60M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$813.00M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$812.06M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$90.86M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$93.95M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$30.62M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$33.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.42B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.41B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2022 and December 31, 2021; 0 shares issued at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at March 31, 2022 and December 31, 2021; 0 shares issued at March 31, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2022 and December 31, 2021; 58,728,035 and 58,181,816 shares issued at March 31, 2022 and December 31, 2021, respectively; 58,241,227 and 57,695,008 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$582.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at March 31, 2022 and December 31, 2021; 58,728,035 and 58,181,816 shares issued at March 31, 2022 and December 31, 2021, respectively; 58,241,227 and 57,695,008 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$577.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at March 31, 2022 and December 31, 2021	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at March 31, 2022 and December 31, 2021	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$615.03M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$650.71M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-812.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-736.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-781.03M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$71.54M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.27B	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$157.38M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$117.45M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$36.29M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$51.29M	USD	1 Quarter
Total gross profit	`GrossProfit`	$106.09M	USD	1 Quarter
Total gross profit	`GrossProfit`	$81.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$33.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$49.81M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$54.98M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$75.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.52M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$146.47M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$104.28M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-40.38M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-23.12M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$96.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$112.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.39M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-603.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.07M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.56M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$363.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.44M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.84M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.78	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.78	USD	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.90M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.72M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.72M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.90M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.17M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$658.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$979.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$20.86M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$28.92M	USD	1 Quarter
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	-	USD	1 Quarter
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$2.74M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.40M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-526.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-34.41M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-36.33M	USD	1 Quarter
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$1.96M	USD	1 Quarter
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$2.94M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.56M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$136.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$550.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.67M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-15.43M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-24.05M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$987.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.83M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-394.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-481.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.59M	USD	1 Quarter
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$49.72M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.05M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$972.00K	USD	1 Quarter
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$1.76M	USD	1 Quarter
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$3.52M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$6.39M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$32.14M	USD	1 Quarter
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.80M	USD	1 Quarter
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$41.90M	USD	1 Quarter
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$1.50M	USD	1 Quarter
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.91M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.44M	USD	1 Quarter
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $12,900 for the three months ended March 31, 2021	`ProceedsFromConvertibleDebt`	$587.10M	USD	1 Quarter
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $12,900 for the three months ended March 31, 2021	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	-	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$76.02M	USD	1 Quarter
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	1 Quarter
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$182.65M	USD	1 Quarter
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	1 Quarter
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.43M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.32M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.46M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.47M	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.71M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.43M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$959.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$328.57M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.21M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-800.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-500.00K	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.10M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$330.22M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.84M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$750.00K	USD	1 Quarter
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.44M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$15.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$64.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$503.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$552.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$36.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.92M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$165.02M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.84M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.48M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.28M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.47M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.71M	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`	$3.46M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.32M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$1.42M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$959.00K	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$76.02M	USD	1 Quarter
Issuance of common stock in connection with repurchase of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-2.70M	USD	1 Quarter
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	$2.74M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.24M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-342.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.84M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$71.54M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.84M	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-898.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-129.00K	USD	1 Quarter
Adjustments for net gains (losses) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-316.00K	USD	1 Quarter
Adjustments for net gains (losses) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$204.00K	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-333.00K	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-582.00K	USD	1 Quarter
Change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-658.00K	USD	1 Quarter
Change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-9.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-342.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.24M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.24M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-30.19M	USD	1 Quarter

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