10-Q Filing

DIGITALOCEAN HOLDINGS, INC. CIK: 1582961 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001582961-21-000020`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	docn-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 76 Cash Flow Statement 111 Stockholders Equity 63 Comprehensive Income 12

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$577.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.22M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,086 and $3,104, respectively	`AccountsReceivableNetCurrent`	$28.10M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,086 and $3,104, respectively	`AccountsReceivableNetCurrent`	$33.92M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$147.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$629.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$238.96M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$243.05M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.23M	USD	Point-in-time
Goodwill	`Goodwill`	$2.67M	USD	Point-in-time
Goodwill	`Goodwill`	$2.67M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$34.65M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$34.50M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$82.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$84.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.71M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.78M	USD	Point-in-time
Total assets	`Assets`	$430.25M	USD	Point-in-time
Total assets	`Assets`	$915.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.19M	USD	Point-in-time
Accrued other expenses	`AccruedLiabilitiesCurrent`	$27.02M	USD	Point-in-time
Accrued other expenses	`AccruedLiabilitiesCurrent`	$21.98M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.03M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.87M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$17.47M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$22.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$84.78M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$211.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$205.00K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$242.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.75M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$329.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$57.35M	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Convertible preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Preferred stock ($0.000025 par value per share; 10,000,000 and 0 shares authorized; 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.000025 par value per share; 10,000,000 and 0 shares authorized; 0 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.000025 par value per share; 750,000,000 and 111,400,000 shares authorized; 109,213,693 and 45,299,339 issued; and 107,245,465 and 43,331,111 outstanding as of June 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock ($0.000025 par value per share; 750,000,000 and 111,400,000 shares authorized; 109,213,693 and 45,299,339 issued; and 107,245,465 and 43,331,111 outstanding as of June 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$2.00K	USD	Point-in-time
Treasury stock, at cost (1,968,228 shares at June 30, 2021 and December 31, 2020)	`TreasuryStockValue`	$4.60M	USD	Point-in-time
Treasury stock, at cost (1,968,228 shares at June 30, 2021 and December 31, 2020)	`TreasuryStockValue`	$4.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$99.78M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-273.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-245.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-167.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-172.56M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$858.08M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-70.13M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-72.28M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-73.90M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$845.11M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-72.09M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$430.25M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$915.43M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$103.81M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$76.91M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$197.47M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$149.70M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$69.89M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$35.20M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$82.69M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$43.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$41.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$114.78M	USD	2 Qtrs
Gross profit	`GrossProfit`	$60.66M	USD	1 Quarter
Gross profit	`GrossProfit`	$79.81M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$27.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$15.13M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$34.61M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$49.52M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$11.81M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.96M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$16.41M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$22.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$39.51M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.40M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$39.93M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$114.16M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$63.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$90.52M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$624.00K	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-2.63M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-10.71M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$1.78M	USD	1 Quarter
Interest expense	`InterestExpense`	$233.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.78M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.29M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.44M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-318.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$297.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$203.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-241.00K	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$-5.63M	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$-30.00K	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-7.79M	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$-4.10M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.50M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.32M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.66M	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$523.00K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$999.00K	USD	2 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-473.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$251.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-5.53M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-2.57M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-19.50M	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	2 Qtrs
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.48	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	2 Qtrs
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Weighted average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.26M	shares	2 Qtrs
Weighted average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.68M	shares	2 Qtrs
Weighted average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.42M	shares	1 Quarter
Weighted average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.77M	shares	1 Quarter
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.77M	shares	1 Quarter
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.68M	shares	2 Qtrs
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.42M	shares	1 Quarter
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.26M	shares	2 Qtrs

Cash Flow Statement 111 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.10M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.09M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-5.53M	USD	2 Qtrs
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.57M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.50M	USD	2 Qtrs
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.72M	USD	2 Qtrs
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
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.54M	USD	2 Qtrs
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Loss on impairment	`AssetImpairmentCharges`	$686.00K	USD	2 Qtrs
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Loss on impairment	`AssetImpairmentCharges`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$12.14M	USD	2 Qtrs
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
Stock-based compensation	`ShareBasedCompensation`	$18.82M	USD	2 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$296.00K	USD	2 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$909.00K	USD	2 Qtrs
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	111.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	109.21M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.30M	shares	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-259.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.44M	USD	2 Qtrs
Revaluation of warrants	`FairValueAdjustmentOfWarrants`	$-556.00K	USD	2 Qtrs
Revaluation of warrants	`FairValueAdjustmentOfWarrants`	$-556.00K	USD	1 Quarter
Revaluation of warrants	`FairValueAdjustmentOfWarrants`	$287.00K	USD	2 Qtrs
Common stock, shares outstanding at beginning of period (in shares)	`CommonStockSharesOutstanding`	43.33M	shares	Point-in-time
Common stock, shares outstanding at beginning of period (in shares)	`CommonStockSharesOutstanding`	107.25M	shares	Point-in-time
Bad debt expense	`ProvisionForDoubtfulAccounts`	$6.89M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$3.47M	USD	2 Qtrs
Treasury stock, shares (in shares)	`TreasuryStockShares`	1.97M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	1.97M	shares	Point-in-time
Other	`OtherNoncashIncomeExpense`	$130.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$41.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.29M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.29M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.13M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.56M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.02M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.77M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$157.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-126.00K	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$794.00K	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$60.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.89M	USD	2 Qtrs
Capital expenditures - property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.05M	USD	2 Qtrs
Capital expenditures - property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.04M	USD	2 Qtrs
Capital expenditures - internal-use software development	`PaymentsToDevelopSoftware`	$7.35M	USD	2 Qtrs
Capital expenditures - internal-use software development	`PaymentsToDevelopSoftware`	$2.71M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$3.63M	USD	2 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$81.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.67M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.02M	USD	2 Qtrs
Repayment of capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	2 Qtrs
Repayment of capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$463.00K	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$5.52M	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$33.21M	USD	2 Qtrs
Proceeds from third-party secured financings	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from third-party secured financings	`ProceedsFromNotesPayable`	$7.79M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	$166.81M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	$71.38M	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfSecuredDebt`	$170.00M	USD	2 Qtrs
Proceeds from issuance of term loan	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$84.50M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$63.20M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$63.20M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.27M	USD	2 Qtrs
Proceeds related to the issuance of common stock under equity incentive plan, net of taxes withheld	`ProceedsFromStockPlans`	$9.39M	USD	2 Qtrs
Proceeds related to the issuance of common stock under equity incentive plan, net of taxes withheld	`ProceedsFromStockPlans`	$6.48M	USD	2 Qtrs
Proceeds from the issuance of convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	2 Qtrs
Proceeds from the issuance of convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$49.81M	USD	2 Qtrs
Payment of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$184.00K	USD	2 Qtrs
Payment of initial public offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$723.12M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$466.38M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$134.88M	USD	2 Qtrs
Increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$476.91M	USD	2 Qtrs
Increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$92.75M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$579.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.54M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$579.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.64M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.15M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$6.28M	USD	2 Qtrs
Cash paid for taxes (net of refunds)	`IncomeTaxesPaidNet`	$633.00K	USD	2 Qtrs
Cash paid for taxes (net of refunds)	`IncomeTaxesPaidNet`	$451.00K	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$299.00K	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$321.00K	USD	2 Qtrs
Property and equipment received but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$15.87M	USD	2 Qtrs
Property and equipment received but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$14.41M	USD	2 Qtrs
Seller financed equipment purchases	`CapitalExpendituresFinancedBySeller`	$3.93M	USD	2 Qtrs
Seller financed equipment purchases	`CapitalExpendituresFinancedBySeller`	-	USD	2 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	40.75M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	40.75M	shares	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Conversion of convertible preferred stock to common stock in connection with initial public offering (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	45.47M	shares	Point-in-time
Conversion of convertible preferred stock to common stock in connection with initial public offering (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	-45.47M	shares	2 Qtrs
Conversion of convertible preferred stock to common stock in connection with initial public offering	`TemporaryEquityValueConversionOfConvertibleSecurities`	$-173.07M	USD	2 Qtrs
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	40.75M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	40.75M	shares	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$123.26M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$858.08M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-70.13M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-72.28M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-73.90M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$845.11M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-72.09M	USD	Point-in-time
Issuance of common stock under stock option plan (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.84M	shares	2 Qtrs
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.42M	USD	1 Quarter
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.39M	USD	2 Qtrs
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.74M	USD	1 Quarter
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.48M	USD	2 Qtrs
Issuance of convertible preferred stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	4.72M	shares	1 Quarter
Issuance of convertible preferred stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	4.72M	shares	2 Qtrs
Issuance of convertible preferred stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$49.81M	USD	1 Quarter
Issuance of convertible preferred stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$49.81M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.92M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.15M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.44M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.46M	USD	1 Quarter
Issuance of common stock in connection with initial public offering, net of underwriting discounts and issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	723.13M	shares	2 Qtrs
Conversion of convertible preferred stock to common stock in connection with initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$173.07M	USD	2 Qtrs
Conversion of redeemable preferred stock warrants to common stock warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$13.91M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-179.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-40.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.53M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.57M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.50M	USD	2 Qtrs
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$858.08M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-70.13M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-72.28M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-73.90M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$845.11M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-72.09M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-5.53M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-2.57M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-19.50M	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-179.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.00K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-28.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-40.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-5.55M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.23M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-19.68M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.57M	USD	1 Quarter

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