10-Q Filing

DIGITALOCEAN HOLDINGS, INC. CIK: 1582961 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001582961-22-000023`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	docn-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 38 Cash Flow Statement 104 Stockholders Equity 34 Comprehensive Income 8

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$464.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$560.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.71B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.09B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $5,155 and $4,212, respectively	`AccountsReceivableNetCurrent`	$39.62M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $5,155 and $4,212, respectively	`AccountsReceivableNetCurrent`	$42.53M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.05M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.77B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$249.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$259.38M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.04M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.04M	USD	Point-in-time
Goodwill	`Goodwill`	$32.17M	USD	Point-in-time
Goodwill	`Goodwill`	$32.17M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$42.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$46.45M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$88.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$89.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.08M	USD	Point-in-time
Total assets	`Assets`	$2.10B	USD	Point-in-time
Total assets	`Assets`	$1.96B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.33M	USD	Point-in-time
Accrued other expenses	`AccruedLiabilitiesCurrent`	$31.91M	USD	Point-in-time
Accrued other expenses	`AccruedLiabilitiesCurrent`	$25.63M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$5.25M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.83M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$15.25M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$62.45M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$421.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$421.00K	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.46B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.46B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.52B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.53B	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2022 and December 31, 2021)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2022 and December 31, 2021)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 107,956,057 and 109,175,863 issued; and 105,987,829 and 107,207,635 outstanding as of March 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 107,956,057 and 109,175,863 issued; and 105,987,829 and 107,207,635 outstanding as of March 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$2.00K	USD	Point-in-time
Treasury stock, at cost (1,968,228 shares at March 31, 2022 and December 31, 2021)	`TreasuryStockValue`	$4.60M	USD	Point-in-time
Treasury stock, at cost (1,968,228 shares at March 31, 2022 and December 31, 2021)	`TreasuryStockValue`	$4.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$769.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$639.39M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-374.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-204.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-186.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$427.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$578.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-72.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$845.11M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.96B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.10B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$93.66M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$127.33M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$39.54M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$46.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$54.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$22.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$37.24M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$10.42M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$19.04M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.04M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$93.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$50.86M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.14M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$3.25M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.06M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.44M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-407.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$820.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$94.00K	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-1.65M	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-5.60M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.79M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$996.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-18.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-3.34M	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net loss per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Net loss per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.43M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.98M	shares	1 Quarter
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.43M	shares	1 Quarter
Weighted average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.98M	shares	1 Quarter

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.21M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.16M	USD	Point-in-time
Net loss attributable to common stockholders	`NetIncomeLoss`	$-18.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-3.34M	USD	1 Quarter
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.93M	USD	1 Quarter
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
Stock-based compensation	`ShareBasedCompensation`	$25.98M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.62M	USD	1 Quarter
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
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
Bad debt expense	`ProvisionForDoubtfulAccounts`	$4.02M	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$1.61M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.44M	USD	1 Quarter
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-407.00K	USD	1 Quarter
Net accretion of discounts and amortization on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	1 Quarter
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	109.18M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.96M	shares	Point-in-time
Net accretion of discounts and amortization on available-for-sale securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$117.00K	USD	1 Quarter
Non-cash interest expense	`NoncashInterestExpense`	$1.96M	USD	1 Quarter
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	107.21M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	105.99M	shares	Point-in-time
Non-cash interest expense	`NoncashInterestExpense`	$205.00K	USD	1 Quarter
Revaluation of warrants	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Revaluation of warrants	`FairValueAdjustmentOfWarrants`	$-556.00K	USD	1 Quarter
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`	$-623.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$335.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.93M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.75M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.55M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.88M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.41M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.54M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$48.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$422.00K	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.76M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$241.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.79M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.28M	USD	1 Quarter
Capital expenditures - property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.98M	USD	1 Quarter
Capital expenditures - property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.40M	USD	1 Quarter
Capital expenditures - internal-use software development	`PaymentsToDevelopSoftware`	$1.37M	USD	1 Quarter
Capital expenditures - internal-use software development	`PaymentsToDevelopSoftware`	$2.28M	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchase of available-for-sale securities	`PaymentsToAcquireMarketableSecurities`	-	USD	1 Quarter
Purchase of available-for-sale securities	`PaymentsToAcquireMarketableSecurities`	$1.09B	USD	1 Quarter
Purchased interest on available-for-sale securities	`PaymentsForInterestAvailableForSale`	-	USD	1 Quarter
Purchased interest on available-for-sale securities	`PaymentsForInterestAvailableForSale`	$1.53M	USD	1 Quarter
Proceeds from interest on available-for-sale securities	`ProceedsFromInterestAvailableForSale`	$649.00K	USD	1 Quarter
Proceeds from interest on available-for-sale securities	`ProceedsFromInterestAvailableForSale`	-	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$457.00K	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$81.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.69M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.12B	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$33.21M	USD	1 Quarter
Repayment of term loan	`RepaymentsOfSecuredDebt`	-	USD	1 Quarter
Repayment of term loan	`RepaymentsOfSecuredDebt`	$166.81M	USD	1 Quarter
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$63.20M	USD	1 Quarter
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$921.00K	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Proceeds related to the issuance of common stock under equity incentive plan	`ProceedsFromStockPlans`	$3.74M	USD	1 Quarter
Proceeds related to the issuance of common stock under equity incentive plan	`ProceedsFromStockPlans`	$5.43M	USD	1 Quarter
Employee payroll taxes paid related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.38M	USD	1 Quarter
Employee payroll taxes paid related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$723.12M	USD	1 Quarter
Proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$150.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-157.88M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$463.64M	USD	1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.25B	USD	1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$459.74M	USD	1 Quarter
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`	$466.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$562.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.72B	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`	$466.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$562.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.72B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$92.00K	USD	1 Quarter
Cash paid for taxes (net of refunds)	`IncomeTaxesPaidNet`	$463.00K	USD	1 Quarter
Cash paid for taxes (net of refunds)	`IncomeTaxesPaidNet`	$1.00M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$411.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$62.00K	USD	1 Quarter
Property and equipment received but not yet paid, included in Accounts payable and Accrued other expenses	`CapitalExpendituresIncurredButNotYetPaid`	$18.47M	USD	1 Quarter
Property and equipment received but not yet paid, included in Accounts payable and Accrued other expenses	`CapitalExpendituresIncurredButNotYetPaid`	$20.85M	USD	1 Quarter
Seller financed equipment purchases	`CapitalExpendituresFinancedBySeller`	$428.00K	USD	1 Quarter
Seller financed equipment purchases	`CapitalExpendituresFinancedBySeller`	-	USD	1 Quarter
Debt issuance costs included in accounts payable and accrued liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$297.00K	USD	1 Quarter
Debt issuance costs included in accounts payable and accrued liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Convertible preferred stock outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock outstanding at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Convertible preferred stock outstanding at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Conversion of convertible preferred stock to common stock in connection with initial public offering (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	45.47M	shares	1 Quarter
Conversion of convertible preferred stock to common stock in connection with initial public offering	`TemporaryEquityValueConversionOfConvertibleSecurities`	$173.07M	USD	1 Quarter
Convertible preferred stock outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	45.47M	shares	Point-in-time
Convertible preferred stock outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Convertible preferred stock outstanding at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$173.07M	USD	Point-in-time
Convertible preferred stock outstanding at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period (in shares)	`SharesOutstanding`	107.96M	shares	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$427.83M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$578.20M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-72.09M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$845.11M	USD	Point-in-time
Issuance of common stock under equity incentive plan, net of taxes withheld (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	997,561.00	shares	1 Quarter
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.74M	USD	1 Quarter
Issuance of common stock under equity incentive plan, net of taxes withheld	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-6.71M	USD	1 Quarter
Repurchase and retirement of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	2.58M	shares	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$150.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.68M	USD	1 Quarter
Issuance of common stock in connection with initial public offering, net of underwriting discounts and issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$723.13M	USD	1 Quarter
Conversion of convertible preferred stock to common stock in connection with initial public offering	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$173.07M	USD	1 Quarter
Conversion of redeemable preferred stock warrants to common stock warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$13.91M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.93M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-18.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-3.34M	USD	1 Quarter
Total stockholders equity (deficit) at the end of the period (in shares)	`SharesOutstanding`	107.96M	shares	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$427.83M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$578.20M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-72.09M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$845.11M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss attributable to common stockholders	`NetIncomeLoss`	$-18.12M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-3.34M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$12.00K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-18.00K	USD	1 Quarter
Unrealized loss on available-for-sale marketable securities, net of taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized loss on available-for-sale marketable securities, net of taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.91M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.05M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.33M	USD	1 Quarter

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