10-Q Filing

RAPID7, INC. CIK: 1560327 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001560327-23-000061`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rp-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 76 Cash Flow Statement 87 Stockholders Equity 57 Comprehensive Income 28

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.30M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.27M	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`	$207.29M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.47M	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`	$84.16M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$107.57M	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 $1,275 and $2,299 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$152.04M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $1,275 and $2,299 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$136.30M	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`	$38.66M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$34.91M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	61.51M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.21M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.46M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$524.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$510.31M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.94M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$2.44M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$9.76M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$47.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$56.82M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$79.34M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$68.17M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$70.38M	USD	Point-in-time
Goodwill	`Goodwill`	$515.63M	USD	Point-in-time
Goodwill	`Goodwill`	$536.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.27M	USD	Point-in-time
Other assets	`OtherAssets`	$12.97M	USD	Point-in-time
Other assets	`OtherAssets`	$16.63M	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$80.31M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$69.46M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.44M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.12M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$429.33M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$426.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.66M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$562.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$520.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$531.27M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$815.95M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$817.87M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$85.95M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$84.75M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.04M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$30.06M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2023 and December 31, 2022; 0 shares issued at June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2023 and December 31, 2022; 0 shares issued at June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2023 and December 31, 2022; 61,509,616 and 60,206,277 shares issued at June 30, 2023 and December 31, 2022, respectively; 60,940,037 and 59,719,469 shares outstanding at June 30. 2023 and December 31, 2022, respectively	`CommonStockValue`	$609.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2023 and December 31, 2022; 61,509,616 and 60,206,277 shares issued at June 30, 2023 and December 31, 2022, respectively; 60,940,037 and 59,719,469 shares outstanding at June 30. 2023 and December 31, 2022, respectively	`CommonStockValue`	$597.00K	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$746.25M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$846.33M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.41M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$250.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-953.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-860.75M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-111.02M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-110.17M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$373.60M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.42M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$324.84M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$167.46M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$58.16M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$114.16M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$54.27M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$105.56M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$259.43M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$113.18M	USD	1 Quarter
Total gross profit	`GrossProfit`	$219.28M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$132.26M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$97.11M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$98.72M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$48.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$50.76M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$78.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$153.18M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$83.04M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$163.62M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$47.09M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.89M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.89M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$42.41M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$27.23M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$27.23M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$183.92M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$294.31M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$335.06M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$147.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-75.03M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-34.65M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-51.66M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-75.62M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$355.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$243.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.79M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.46M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.77M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.76M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.45M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.01M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-13.27M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-13.57M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.13M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-65.91M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.57M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-91.23M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.46M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.47M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$869.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.68	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.10	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.46	USD	2 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.54	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.46	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.54	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.68	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.10	USD	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.18M	shares	2 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.98M	shares	2 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.24M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.47M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.18M	shares	2 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.24M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.47M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.98M	shares	2 Qtrs

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.88M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.39M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.99M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.02M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$61.07M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$61.33M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$27.23M	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$27.23M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	$-12.66M	USD	2 Qtrs
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.28M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.15M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.11M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.08M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.96M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.40M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.53M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.28M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.56M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-11.97M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-12.49M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$23.18M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.78M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-326.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$483.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.15M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.85M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.84M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.70M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.22M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$8.06M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$9.08M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$59.00M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$80.26M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$60.33M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$65.70M	USD	2 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$500.00K	USD	2 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-62.18M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.45M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$71.00K	USD	2 Qtrs
Payments for repurchase of convertible senior notes	`RepaymentsOfConvertibleDebt`	$12.00K	USD	2 Qtrs
Payments for repurchase of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$300.00K	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.25M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.11M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.59M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.71M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$6.17M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.68M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.21M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.01M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.43M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-337.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.67M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.16M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.36M	USD	2 Qtrs
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`	$186.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	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`	$186.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$3.34M	USD	2 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$3.34M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$564.00K	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.22M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.47M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$2.71M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$517.00K	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`	$186.45M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.17M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	USD	Point-in-time

Stockholders Equity 57 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesIssued`	61.51M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesIssued`	60.21M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-111.02M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-110.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.89M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.28M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$64.36M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.79M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.71M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$6.17M	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	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.65M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.32M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.59M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.11M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.68M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$1.21M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$246.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.50M	USD	1 Quarter
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	2 Qtrs
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	1 Quarter
Issuance of common stock related to acquisition (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	33,000.00	shares	1 Quarter
Issuance of common stock related to acquisition (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	33,000.00	shares	2 Qtrs
Issuance of common stock in relation to an acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issuance of common stock in relation to an acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Issuance of common stock in relation to an acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Issuance of common stock in relation to an acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Repurchase of common stock in relation to acquisition	`StockRepurchasedDuringPeriodValue`	-	USD	2 Qtrs
Reclassification of 2023 capped calls from equity to derivative asset	`StockReclassificationOfEquityToDerivativeAssetsRelatedToCappedCalls`	$33.03M	USD	2 Qtrs
Reclassification of 2023 capped calls from equity to derivative asset	`StockReclassificationOfEquityToDerivativeAssetsRelatedToCappedCalls`	$33.03M	USD	1 Quarter
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTax`	$-3.73M	USD	2 Qtrs
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTax`	$1.66M	USD	2 Qtrs
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTax`	$-2.49M	USD	1 Quarter
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTax`	$450.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesIssued`	61.51M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesIssued`	60.21M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-111.02M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-110.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-66.78M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.70M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$639.00K	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.03M	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$447.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.92M	USD	2 Qtrs
Adjustments for net losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-580.00K	USD	2 Qtrs
Adjustments for net losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$61.00K	USD	1 Quarter
Adjustments for net losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.08M	USD	2 Qtrs
Adjustments for net losses realized on cash flow hedges and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-761.00K	USD	1 Quarter
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.85M	USD	2 Qtrs
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$386.00K	USD	1 Quarter
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.27M	USD	1 Quarter
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.22M	USD	2 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-220.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$442.00K	USD	2 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$64.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-878.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.73M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$450.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.49M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.66M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-88.33M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-66.33M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.09M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-91.04M	USD	2 Qtrs

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