10-K Filing

RAPID7, INC. CIK: 1560327 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001560327-24-000021`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	rp-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 60 Cash Flow Statement 132 Stockholders Equity 48 Comprehensive Income 27

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$2.30M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$951.00K	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.63M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$169.54M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$84.16M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $951 and $2,299 at December 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$152.04M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $951 and $2,299 at December 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNet`	$164.86M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$34.91M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$45.01M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.91M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.41M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	62.28M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$510.31M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.21M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$634.45M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$56.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	61.71M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$9.76M	USD	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.64M	USD	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$54.69M	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`	$76.60M	USD	Point-in-time
Goodwill	`Goodwill`	$515.63M	USD	Point-in-time
Goodwill	`Goodwill`	$536.35M	USD	Point-in-time
Goodwill	`Goodwill`	$515.26M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$94.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$101.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.89M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.63M	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Total assets	`Assets`	$1.51B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.81M	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`	$84.49M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$13.45M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$12.44M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$455.50M	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`	$536.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$531.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$569.79M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$930.00M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$815.95M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$81.13M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$85.95M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.04M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$32.58M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.62B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at December 31, 2023 and 2022; 0 shares issued and outstanding at December 31, 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at December 31, 2023 and 2022; 0 shares issued and outstanding at December 31, 2023 and 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at December 31, 2023 and 2022; 62,283,630 and 60,206,277 shares issued at December 31, 2023 and 2022, respectively; 61,714,051 and 59,719,469 shares outstanding at December 31, 2023 and 2022, respectively	`CommonStockValue`	$597.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at December 31, 2023 and 2022; 62,283,630 and 60,206,277 shares issued at December 31, 2023 and 2022, respectively; 61,714,051 and 59,719,469 shares outstanding at December 31, 2023 and 2022, respectively	`CommonStockValue`	$617.00K	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at December 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 569,579 and 486,808 shares at December 31, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$894.63M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$746.25M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.41M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-860.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.01B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-118.18M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$71.54M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.51B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$535.40M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$685.08M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$777.71M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$168.95M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$214.35M	USD	Annual
Total cost of revenue	`CostOfGoodsAndServicesSold`	$231.74M	USD	Annual
Total gross profit	`GrossProfit`	$545.97M	USD	Annual
Total gross profit	`GrossProfit`	$470.73M	USD	Annual
Total gross profit	`GrossProfit`	$366.46M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$176.78M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$189.97M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$160.78M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$312.64M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$247.45M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$307.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$84.97M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$84.28M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$78.29M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$30.78M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Restructuring	`RestructuringCharges`	-	USD	Annual
Restructuring	`RestructuringCharges`	$22.23M	USD	Annual
Restructuring	`RestructuringCharges`	-	USD	Annual
Total operating expenses	`OperatingExpenses`	$626.70M	USD	Annual
Total operating expenses	`OperatingExpenses`	$582.35M	USD	Annual
Total operating expenses	`OperatingExpenses`	$486.52M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-120.06M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-111.61M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-80.73M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.81M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$365.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$10.18M	USD	Annual
Interest expense	`InterestExpense`	$10.98M	USD	Annual
Interest expense	`InterestExpense`	$14.29M	USD	Annual
Interest expense	`InterestExpense`	$64.70M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.52M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.92M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-14.52M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-149.78M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-135.91M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-122.31M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$2.41M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$10.42M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-518.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-149.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-146.33M	USD	Annual
Net loss	`NetIncomeLoss`	$-124.72M	USD	Annual
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.13	USD	Annual
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.46	USD	Annual
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.65	USD	Annual
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.65	USD	Annual
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.46	USD	Annual
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.13	USD	Annual
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.27M	shares	Annual
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.76M	shares	Annual
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.55M	shares	Annual
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.76M	shares	Annual
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.27M	shares	Annual
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.55M	shares	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-149.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-146.33M	USD	Annual
Net loss	`NetIncomeLoss`	$-124.72M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.50M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.94M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.04M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.14M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.08M	USD	Annual
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.98M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$102.58M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$108.08M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$119.90M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$30.78M	USD	Annual
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	Annual
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	-	USD	Annual
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	$-15.51M	USD	Annual
Change in fair value of derivative assets	`IncreaseDecreaseInFairValueOfDerivativeAssets`	-	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$466.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.62M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.44M	USD	Annual
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	-	USD	Annual
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$53.89M	USD	Annual
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$2.74M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-1.92M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$200.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-469.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.02M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.05M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$25.48M	USD	Annual
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$15.91M	USD	Annual
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$22.53M	USD	Annual
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$18.53M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.12M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.35M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.23M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.45M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.08M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.98M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$19.20M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.42M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.74M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$85.56M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$52.52M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$30.47M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.73M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.49M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.31M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$78.20M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$104.28M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.92M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$358.42M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.84M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.01M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.37M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.38M	USD	Annual
Capitalization of internal-use software	`PaymentsToDevelopSoftware`	$9.85M	USD	Annual
Capitalization of internal-use software	`PaymentsToDevelopSoftware`	$17.14M	USD	Annual
Capitalization of internal-use software	`PaymentsToDevelopSoftware`	$15.88M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$93.09M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$122.77M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$276.83M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$121.30M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$148.00M	USD	Annual
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$150.45M	USD	Annual
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	Annual
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.71M	USD	Annual
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.99M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-325.38M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.75M	USD	Annual
Proceeds from issuance of convertible senior notes, net of issuance costs of $7,909 and $14,976 for the years ended December 31, 2023 and 2021, respectively	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from issuance of convertible senior notes, net of issuance costs of $7,909 and $14,976 for the years ended December 31, 2023 and 2021, respectively	`ProceedsFromConvertibleDebt`	$292.09M	USD	Annual
Proceeds from issuance of convertible senior notes, net of issuance costs of $7,909 and $14,976 for the years ended December 31, 2023 and 2021, respectively	`ProceedsFromConvertibleDebt`	$585.02M	USD	Annual
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	$76.02M	USD	Annual
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	$36.57M	USD	Annual
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedToIssuersEquity`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$71.00K	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$300.00K	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments for redemption, repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$200.00M	USD	Annual
Payments for redemption, repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$230.00M	USD	Annual
Payments for redemption, repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$12.00K	USD	Annual
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$12.12M	USD	Annual
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$300.00K	USD	Annual
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.25M	USD	Annual
Proceeds from capped calls settlement	`ProceedsFromCappedCallSettlement`	$17.52M	USD	Annual
Proceeds from capped calls settlement	`ProceedsFromCappedCallSettlement`	-	USD	Annual
Proceeds from capped calls settlement	`ProceedsFromCappedCallSettlement`	-	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.04M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.46M	USD	Annual
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.57M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$11.94M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$11.32M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$9.28M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.32M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.05M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$4.32M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.42M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$264.13M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$79.60M	USD	Annual
Effect of exchange rate changes on cash ,cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.27M	USD	Annual
Effect of exchange rate changes on cash ,cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20M	USD	Annual
Effect of exchange rate changes on cash ,cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.85M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.60M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.32M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$42.79M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	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`	$214.13M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end 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`	$214.13M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.61M	USD	Annual
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$7.34M	USD	Annual
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$6.67M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.57M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.31M	USD	Annual
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.62M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.63M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$517.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$498.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$435.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.80M	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`	$214.13M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	61.71M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-118.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$123.44M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$107.25M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$100.32M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$9.28M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$11.32M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$11.94M	USD	Annual
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	Annual
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	Annual
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	Annual
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.46M	USD	Annual
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.04M	USD	Annual
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.57M	USD	Annual
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.32M	USD	Annual
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.05M	USD	Annual
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$4.31M	USD	Annual
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$36.57M	USD	Annual
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$76.02M	USD	Annual
Issuance of common stock in connection with redemption, repurchase and conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	Annual
Issuance of common stock in connection with redemption, repurchase and conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.06M	USD	Annual
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	$2.74M	USD	Annual
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Repurchase of common stock issued in relation to acquisition	`StockRepurchasedDuringPeriodValue`	-	USD	Annual
Repurchase of common stock issued in relation to acquisition	`StockRepurchasedDuringPeriodValue`	-	USD	Annual
Reclassification of equity to derivative assets related to capped calls	`StockReclassificationOfEquityToDerivativeAssetsRelatedToCappedCalls`	$33.03M	USD	Annual
Repurchase and inducement of convertible senior notes	`RepurchaseAndInducementDuringPeriodValueConversionOfConvertibleSecurities`	$35.88M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.75M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.27M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-599.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-149.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-146.33M	USD	Annual
Net loss	`NetIncomeLoss`	$-124.72M	USD	Annual
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	61.71M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	59.72M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	569,579.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-118.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-120.07M	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-149.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-146.33M	USD	Annual
Net loss	`NetIncomeLoss`	$-124.72M	USD	Annual
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.87M	USD	Annual
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-86.00K	USD	Annual
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$797.00K	USD	Annual
Adjustment for net losses realized on cash flow hedges and included in net loss, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Adjustment for net losses realized on cash flow hedges and included in net loss, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-724.00K	USD	Annual
Adjustment for net losses realized on cash flow hedges and included in net loss, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.05M	USD	Annual
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.52M	USD	Annual
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-86.00K	USD	Annual
Total change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$179.00K	USD	Annual
Change unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.04M	USD	Annual
Change unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-778.00K	USD	Annual
Change unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.23M	USD	Annual
Adjustment for net gains realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Adjustment for net gains realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Adjustment for net gains realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$137.00K	USD	Annual
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-778.00K	USD	Annual
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.23M	USD	Annual
Total change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.18M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.75M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-599.00K	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.27M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-125.32M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-146.50M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-147.60M	USD	Annual

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