10-K Filing

Trade Desk, Inc. CIK: 1671933 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001564590-19-003906`
Period End Date	20181231
Filing Date	20190222
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	ttd-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 57 Cash Flow Statement 103 Stockholders Equity 31

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$155.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.23M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$599.57M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$834.76M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.53M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$765.81M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.06B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.41M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$3.36M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$8.46M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$19.84M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$10.59M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$797.16M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.12B	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$490.38M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	1.09B	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$669.15M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$28.16M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$44.84M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$518.53M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$713.99M	USD	Point-in-time
Debt, net	`LongTermLineOfCredit`	$27.00M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$6.05M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$9.31M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$723.30M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$551.58M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of December 31, 2018 and 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.000001; 100,000 shares authorized, zero shares issued and outstanding as of December 31, 2018 and 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.000001; 1,000,000 Class A shares authorized as of December 31, 2018 and 2017; 36,822 and 32,486 shares issued and outstanding as of December 31, 2018 and 2017, respectively; 95,000 Class B shares authorized as of December 31, 2018 and 2017; 7,042 and 9,155 shares issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.000001; 1,000,000 Class A shares authorized as of December 31, 2018 and 2017; 36,822 and 32,486 shares issued and outstanding as of December 31, 2018 and 2017, respectively; 95,000 Class B shares authorized as of December 31, 2018 and 2017; 7,042 and 9,155 shares issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$270.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$209.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$124.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.98M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$245.58M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$164.38M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$14.14M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$394.57M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$797.16M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$1.12B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$308.22M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$477.29M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$202.93M	USD	Annual
Platform operations	`CostOfGoodsAndServicesSold`	$66.23M	USD	Annual
Platform operations	`CostOfGoodsAndServicesSold`	$39.88M	USD	Annual
Platform operations	`CostOfGoodsAndServicesSold`	$114.10M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$87.07M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$46.06M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$61.38M	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$52.81M	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$27.31M	USD	Annual
Technology and development	`ResearchAndDevelopmentExpense`	$83.89M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$84.91M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$32.16M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$58.45M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$238.86M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$145.41M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$369.97M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$69.36M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$107.32M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$57.52M	USD	Annual
Interest expense	`InterestExpense`	$1.79M	USD	Annual
Interest expense	`InterestExpense`	$1.55M	USD	Annual
Interest expense	`InterestExpense`	$3.08M	USD	Annual
Interest income	`InterestIncome`	$93.00K	USD	Annual
Interest income	`InterestIncome`	$1.88M	USD	Annual
Change in fair value of preferred stock warrant liabilities	`FairValueAdjustmentOfWarrants`	$9.46M	USD	Annual
Foreign currency exchange loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.15M	USD	Annual
Foreign currency exchange loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.03M	USD	Annual
Foreign currency exchange loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.92M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-13.68M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-5.73M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-1.59M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.83M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.62M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.74M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.83M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.35M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.60M	USD	Annual
Net income	`NetIncomeLoss`	$88.14M	USD	Annual
Net income	`NetIncomeLoss`	$50.80M	USD	Annual
Net income	`NetIncomeLoss`	$20.48M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-26.73M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$50.80M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$88.14M	USD	Annual
Basic	`EarningsPerShareBasic`	$1.26	USD	Annual
Basic	`EarningsPerShareBasic`	$2.08	USD	Annual
Basic	`EarningsPerShareBasic`	$-1.46	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-1.46	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.15	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.92	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.44M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.26M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	18.28M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.79M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.06M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.28M	shares	Annual

Cash Flow Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$88.14M	USD	Annual
Net income	`ProfitLoss`	$20.48M	USD	Annual
Net income	`ProfitLoss`	$50.80M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.21M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.80M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.82M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$42.21M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.06M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$21.32M	USD	Annual
Change in fair value of preferred stock warrant liabilities	`FairValueAdjustmentOfWarrants`	$9.46M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.10M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-607.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.58M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$1.89M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$4.29M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.12M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-1.16M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-2.90M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$1.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$224.64M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$239.90M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$187.74M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.67M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.03M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.55M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$177.68M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$209.48M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$171.79M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.72M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$17.29M	USD	Annual
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.37M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.22M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$86.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$75.03M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.80M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.88M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.11M	USD	Annual
Capitalized software development costs	`PaymentsToDevelopSoftware`	$5.40M	USD	Annual
Capitalized software development costs	`PaymentsToDevelopSoftware`	$2.34M	USD	Annual
Capitalized software development costs	`PaymentsToDevelopSoftware`	$2.95M	USD	Annual
Business acquisition	`PaymentsToAcquireBusinessesGross`	$3.00M	USD	Annual
Business acquisition	`PaymentsToAcquireBusinessesGross`	$3.00M	USD	Point-in-time
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.22M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.19M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.06M	USD	Annual
Repayment on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$27.00M	USD	Annual
Repayment on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$65.00M	USD	Annual
Repayment of term debt	`RepaymentsOfSecuredDebt`	$30.00M	USD	Annual
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$75.85M	USD	Annual
Payment of debt financing costs	`PaymentsOfDebtIssuanceCosts`	$976.00K	USD	Annual
Payment of debt financing costs	`PaymentsOfDebtIssuanceCosts`	$279.00K	USD	Annual
Payment of debt financing costs	`PaymentsOfDebtIssuanceCosts`	$154.00K	USD	Annual
Payment of financing obligations	`RepaymentsOfLongtermLoansFromVendors`	$1.00M	USD	Annual
Payment of financing obligations	`RepaymentsOfLongtermLoansFromVendors`	$550.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$488.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.56M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$10.02M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$13.80M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.22M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$7.00M	USD	Annual
Taxes paid related to net settlement of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.02M	USD	Annual
Taxes paid related to net settlement of restricted stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.68M	USD	Annual
Proceeds from issuance of Series C convertible preferred stock	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$60.00M	USD	Annual
Repurchase of preferred stock and common stock	`PaymentsForRepurchaseOfEquity`	$54.00M	USD	Annual
Repurchase of preferred stock and common stock	`PaymentsForRepurchaseOfEquity`	$54.00M	USD	Point-in-time
Payment of stock repurchase costs	`PaymentsOfStockRepurchaseCosts`	$155.00K	USD	Annual
Payment of Series C convertible preferred stock offering cost	`TemporaryEquityPaymentsOfStockIssuanceCostsPreferredStock`	$129.00K	USD	Annual
Proceeds from the issuance of Class A common stock in initial public offering, net of underwriting commissions	`ProceedsFromIssuanceInitialPublicOffering`	$78.12M	USD	Annual
Payment of offering costsinitial public offering	`PaymentsOfStockIssuanceCosts`	$4.33M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.54M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.39M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.13M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$51.28M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$129.35M	USD	Annual
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.55M	USD	Annual
Cash and cash equivalentsBeginning of year	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Cash and cash equivalentsBeginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.05M	USD	Point-in-time
Cash and cash equivalentsBeginning of year	`CashAndCashEquivalentsAtCarryingValue`	$155.95M	USD	Point-in-time
Cash and cash equivalentsBeginning of year	`CashAndCashEquivalentsAtCarryingValue`	$207.23M	USD	Point-in-time
Cash and cash equivalentsEnd of year	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Cash and cash equivalentsEnd of year	`CashAndCashEquivalentsAtCarryingValue`	$4.05M	USD	Point-in-time
Cash and cash equivalentsEnd of year	`CashAndCashEquivalentsAtCarryingValue`	$155.95M	USD	Point-in-time
Cash and cash equivalentsEnd of year	`CashAndCashEquivalentsAtCarryingValue`	$207.23M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$16.74M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$17.29M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$19.16M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.70M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$817.00K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.32M	USD	Annual
Capitalized assets financed by accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.94M	USD	Annual
Capitalized assets financed by accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$701.00K	USD	Annual
Capitalized assets financed by accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.49M	USD	Annual
Tenant improvements paid by lessor	`PaymentsForTenantImprovements`	$1.81M	USD	Annual
Tenant improvements paid by lessor	`PaymentsForTenantImprovements`	$640.00K	USD	Annual
Stock-based compensation included in capitalized software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.49M	USD	Annual
Stock-based compensation included in capitalized software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$88.00K	USD	Annual
Stock-based compensation included in capitalized software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$543.00K	USD	Annual
Asset retirement obligation	`AssetRetirementObligationPeriodIncreaseDecrease`	$907.00K	USD	Annual
Asset retirement obligation	`AssetRetirementObligationPeriodIncreaseDecrease`	$354.00K	USD	Annual
Debt financing costs included in debt, net	`DebtIssuanceCostsIncludedInDebtNet`	$1.15M	USD	Annual
Conversion of convertible preferred stock to Class B common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$83.24M	USD	Annual
Conversion of warrant for convertible preferred stock to a warrant for Class B common stock and net exercise of warrant to purchase Class B common stock	`AdjustmentToAdditionalPaidInCapitalForConversionAndNetExerciseOfWarrants`	$12.60M	USD	Annual
Net exercise of warrants to purchase Series Seed convertible preferred stock	`ReclassificationOfWarrantLiabilityToTemporaryEquityOnNetExerciseOfWarrants`	$3.79M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Number of classes of common stock	`CommonStockNumberOfClasses`	2.00	Class	Point-in-time
Number of classes of common stock	`CommonStockNumberOfClasses`	2.00	Class	Point-in-time
Number of classes of common stock	`CommonStockNumberOfClasses`	2.00	Class	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$245.58M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$164.38M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$14.14M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$394.57M	USD	Point-in-time
Repurchase of convertible preferred stock	`PreferredStockRedemptionPremium`	$47.20M	USD	Point-in-time
Repurchase of convertible preferred stock	`PreferredStockRedemptionPremium`	$47.21M	USD	Annual
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.36M	USD	Annual
Issuance of common stock to employee	`StockIssuedDuringPeriodValueNewIssues`	$73.63M	USD	Annual
Conversion of convertible preferred stock to Class B common stock in connection with IPO	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$83.24M	USD	Annual
Conversion of warrant for convertible preferred stock to a warrant for Class B common stock in connection with IPO	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$12.60M	USD	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$488.00K	USD	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.56M	USD	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.02M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.14M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.86M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$7.00M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.22M	USD	Annual
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$13.80M	USD	Annual
Restricted stock, net of forfeitures and shares withheld for taxes	`StockIssuedDuringPeriodValueRestrictedStockNetOfForfeituresAndSharesWithheldForTaxes`	$-6.68M	USD	Annual
Restricted stock, net of forfeitures and shares withheld for taxes	`StockIssuedDuringPeriodValueRestrictedStockNetOfForfeituresAndSharesWithheldForTaxes`	$-1.02M	USD	Annual
Net income	`NetIncomeLoss`	$88.14M	USD	Annual
Net income	`NetIncomeLoss`	$50.80M	USD	Annual
Net income	`NetIncomeLoss`	$20.48M	USD	Annual
Balance at end of period	`StockholdersEquity`	$245.58M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$164.38M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$14.14M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$394.57M	USD	Point-in-time

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