10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001562762-20-000170`
Period End Date	20200331
Filing Date	20200506
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	meli-20200331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 107 Income Statement 36 Cash Flow Statement 80 Stockholders Equity 18 Comprehensive Income 13

Balance Sheet 107 line items

Line Item	Tag	Value	Unit	Period
Short-term investments, held in guarantee	`ShortTermInvestmentsHeldInGuarantee`	$522.80M	USD	Point-in-time
Short-term investments, held in guarantee	`ShortTermInvestmentsHeldInGuarantee`	$353.16M	USD	Point-in-time
Redeemable convertible preferred stock, Par Value	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38B	USD	Point-in-time
Redeemable convertible preferred stock, Shares Authorized	`TemporaryEquitySharesAuthorized`	40.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.07B	USD	Point-in-time
Redeemable convertible preferred stock, Shares Issued	`TemporaryEquitySharesIssued`	100,000.00	shares	Point-in-time
Redeemable convertible preferred stock, Shares Issued	`TemporaryEquitySharesIssued`	100,000.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$66.68M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$194.17M	USD	Point-in-time
Short-term investments (353,162 and 522,798 held in guarantee)	`ShortTermInvestments`	$1.56B	USD	Point-in-time
Redeemable convertible preferred stock, Shares Outstanding	`TemporaryEquitySharesOutstanding`	100,000.00	shares	Point-in-time
Short-term investments (353,162 and 522,798 held in guarantee)	`ShortTermInvestments`	$1.60B	USD	Point-in-time
Redeemable convertible preferred stock, Shares Outstanding	`TemporaryEquitySharesOutstanding`	100,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$35.45M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.06M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Credit cards receivable, net	`ReceivablesFromCustomers`	$379.97M	USD	Point-in-time
Credit cards receivable, net	`ReceivablesFromCustomers`	$366.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetCurrent`	$141.42M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.71M	shares	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetCurrent`	$182.10M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.71M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$35.29M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$45.31M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.71M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.71M	shares	Point-in-time
Inventory	`InventoryNet`	$12.11M	USD	Point-in-time
Inventory	`InventoryNet`	$8.63M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$96.88M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$88.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.51B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.79B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$263.98M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$269.95M	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$6.44M	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$6.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$244.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$239.25M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$183.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$200.45M	USD	Point-in-time
Goodwill	`Goodwill`	$87.61M	USD	Point-in-time
Goodwill	`Goodwill`	$82.28M	USD	Point-in-time
Goodwill	`Goodwill`	$88.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$14.28M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$17.13M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$117.58M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$102.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$58.24M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$46.48M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$992.84M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$947.81M	USD	Point-in-time
Total assets	`Assets`	$4.46B	USD	Point-in-time
Total assets	`Assets`	$4.78B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$295.50M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$372.31M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$894.06M	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$718.45M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$100.06M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$101.84M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$60.25M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$46.39M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$316.51M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$186.14M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.26M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$23.02M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$76.56M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$114.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.58B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.75B	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$26.80M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$16.16M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$616.29M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$631.35M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$169.15M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$176.67M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$99.95M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$98.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$16.52M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.63M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$916.17M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$947.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.49B	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable convertible preferred stock, $0.001 par value, 40,000,000 shares authorized, 100,000 shares issued and outstanding at March 31, 2020 and December 31, 2019	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$98.84M	USD	Point-in-time
Redeemable convertible preferred stock, $0.001 par value, 40,000,000 shares authorized, 100,000 shares issued and outstanding at March 31, 2020 and December 31, 2019	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$98.84M	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 49,709,955 shares issued and outstanding at March 31, 2020 and December 31, 2019	`CommonStockValue`	$50.00K	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 49,709,955 shares issued and outstanding at March 31, 2020 and December 31, 2019	`CommonStockValue`	$50.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.07B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$720.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$720.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$295.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$322.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-496.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-406.67M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$2.21B	USD	Point-in-time
Total Equity	`StockholdersEquity`	$336.70M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$1.98B	USD	Point-in-time
Total Equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Total Liabilities, Redeemable convertible preferred stock and Equity	`LiabilitiesAndStockholdersEquity`	$4.78B	USD	Point-in-time
Total Liabilities, Redeemable convertible preferred stock and Equity	`LiabilitiesAndStockholdersEquity`	$4.46B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$473.77M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$652.09M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$236.77M	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$339.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$312.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$237.00M	USD	1 Quarter
Product and technology development	`ResearchAndDevelopmentExpense`	$52.37M	USD	1 Quarter
Product and technology development	`ResearchAndDevelopmentExpense`	$73.44M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$130.68M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$206.51M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.57M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$43.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$342.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$226.87M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$10.14M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-29.69M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$36.78M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$24.44M	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$15.56M	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$23.58M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.67M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-186.00K	USD	1 Quarter
Net (loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.36M	USD	1 Quarter
Net (loss) income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-16.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.49M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.43M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$11.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-21.11M	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareBasic`	$-0.44	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	45.98M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	49.71M	shares	1 Quarter
Available to shareholders per common share	`EarningsPerShareDiluted`	$-0.44	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.71M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.98M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$11.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-21.11M	USD	1 Quarter
Unrealized devaluation loss, net	`ForeignCurrencyTransactionLossBeforeTax`	$1.89M	USD	1 Quarter
Unrealized devaluation loss, net	`ForeignCurrencyTransactionLossBeforeTax`	$18.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.55M	USD	1 Quarter
Accrued interest	`AccruedInterestFromInvestments`	$22.35M	USD	1 Quarter
Accrued interest	`AccruedInterestFromInvestments`	$8.70M	USD	1 Quarter
Non cash interest, convertible notes amortization of debt discount and amortization of debt issuance costs and other charges	`ConvertibleBondsAccruedInterestAndAmortizationOfDebtDiscount`	$3.02M	USD	1 Quarter
Non cash interest, convertible notes amortization of debt discount and amortization of debt issuance costs and other charges	`ConvertibleBondsAccruedInterestAndAmortizationOfDebtDiscount`	$20.79M	USD	1 Quarter
Financial results on derivative instruments	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	-	USD	1 Quarter
Financial results on derivative instruments	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$16.77M	USD	1 Quarter
Stock-based compensation expense - restricted shares	`RestrictedStockExpense`	$179.00K	USD	1 Quarter
Stock-based compensation expense - restricted shares	`RestrictedStockExpense`	-	USD	1 Quarter
LTRP accrued compensation	`StockOptionPlanExpense`	$15.66M	USD	1 Quarter
LTRP accrued compensation	`StockOptionPlanExpense`	$13.44M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-14.46M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.75M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-337.00K	USD	1 Quarter
Credit card receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$33.30M	USD	1 Quarter
Credit card receivables	`IncreaseDecreaseInFundsReceivableFromCustomers`	$-35.89M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-3.32M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-8.56M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$5.27M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-1.65M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.80M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.08M	USD	1 Quarter
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-43.10M	USD	1 Quarter
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-491.00K	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$-21.34M	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$63.73M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-32.21M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$12.73M	USD	1 Quarter
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$14.80M	USD	1 Quarter
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$3.54M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.37M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-85.65M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$1.32B	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$1.62B	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$439.71M	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.25B	USD	1 Quarter
Receipts from settlements of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Receipts from settlements of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	$3.67M	USD	1 Quarter
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.56M	USD	1 Quarter
Payment for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$34.00K	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$93.00K	USD	1 Quarter
Changes in principal loans receivable, net	`IncreaseDecreaseInPrincipalLoansReceivableNet`	$27.25M	USD	1 Quarter
Changes in principal loans receivable, net	`IncreaseDecreaseInPrincipalLoansReceivableNet`	$42.61M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.93M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.17M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.08M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.26B	USD	1 Quarter
Proceeds from loans payable and other financial liabilities	`ProceedsFromIssuanceOfOtherLongTermDebt`	$33.98M	USD	1 Quarter
Proceeds from loans payable and other financial liabilities	`ProceedsFromIssuanceOfOtherLongTermDebt`	$749.62M	USD	1 Quarter
Payments on loans payable and other financing liabilities	`RepaymentsOfOtherLongTermDebt`	$593.50M	USD	1 Quarter
Payments on loans payable and other financing liabilities	`RepaymentsOfOtherLongTermDebt`	$23.82M	USD	1 Quarter
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$564.00K	USD	1 Quarter
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$662.00K	USD	1 Quarter
Dividends paid of preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Dividends paid of preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.00M	USD	1 Quarter
Proceeds from issuance of convertible redeemable preferred stock, net	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$98.69M	USD	1 Quarter
Proceeds from issuance of convertible redeemable preferred stock, net	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	-	USD	1 Quarter
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$1.87B	USD	1 Quarter
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$154.56M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.97B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.41M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-104.86M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-186.04M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$841.57M	USD	1 Quarter
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$464.69M	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$464.69M	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.45B	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Redeemable convertible preferred stock dividend distribution, price per share	`PreferredStockRedemptionPricePerShare`	$9.99	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$336.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.98B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.87B	USD	Point-in-time
Common Stock issued	`StockIssuedDuringPeriodValueNewIssues`	$1.87B	USD	1 Quarter
Exercise of Convertible Notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.00K	USD	1 Quarter
Unwind Capped Call	`UnwindCappedCallTransactionCost`	$3.00K	USD	1 Quarter
Redeemable convertible preferred stock dividend distribution ($9.99 per share)	`RedeemablePreferredStockDividends`	$1.00M	USD	1 Quarter
Stock-based compensation - restricted shares issued	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$179.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$11.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-21.11M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-90.05M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.01M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$2.21B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$336.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.98B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.87B	USD	Point-in-time

Comprehensive Income 13 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$11.86M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-21.11M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-94.60M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-294.00K	USD	1 Quarter
Unrealized gains on hedging activities	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$3.98M	USD	1 Quarter
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.01M	USD	1 Quarter
Unrealized net gains on available for sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.27M	USD	1 Quarter
Less: Reclassification adjustment for gains from accumulated other comprehensive (loss) income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociNetOfTax`	$-2.73M	USD	1 Quarter
Less: Reclassification adjustment for gains from accumulated other comprehensive (loss) income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociNetOfTax`	$-1.71M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.01M	USD	1 Quarter
Net change in accumulated other comprehensive loss, net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-90.05M	USD	1 Quarter
Total Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-111.16M	USD	1 Quarter
Total Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$10.85M	USD	1 Quarter

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