10-Q Filing

MAGNITE, INC. CIK: 1595974 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001595974-20-000130`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	rubi-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 70 Cash Flow Statement 77 Stockholders Equity 44 Comprehensive Income 24

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.49M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$292.43M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$217.57M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.59M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.27M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$410.19M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$313.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.67M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	109.86M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.70M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	53.89M	shares	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$43.81M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	109.86M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	53.89M	shares	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$21.49M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$16.05M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$17.26M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.39M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$3.40M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.10M	USD	Point-in-time
Goodwill	`Goodwill`	$157.80M	USD	Point-in-time
Goodwill	`Goodwill`	$7.37M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$757.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$395.12M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$347.43M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$259.44M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$7.28M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$12.03M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$778.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.88M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$362.34M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$267.50M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$15.23M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$34.60M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$454.00K	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.71M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$399.65M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$283.18M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at June 30, 2020 and December 31, 2019; 0 shares issued and outstanding at June 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at June 30, 2020 and December 31, 2019; 0 shares issued and outstanding at June 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at June 30, 2020 and December 31, 2019; 109,861 and 53,888 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at June 30, 2020 and December 31, 2019; 109,861 and 53,888 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$453.06M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$749.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-389.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-341.08M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$108.49M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$118.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$105.63M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$111.94M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$357.47M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$98.23M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$757.12M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$395.12M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$78.64M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.35M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$37.87M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$70.29M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$30.20M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$35.55M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$15.09M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$21.55M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$22.11M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$11.52M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$20.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$31.30M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$19.55M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$9.84M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$13.06M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$23.76M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.78M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.31M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.91M	USD	2 Qtrs
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$12.49M	USD	1 Quarter
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$14.42M	USD	2 Qtrs
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$82.91M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$129.93M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$92.17M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$46.47M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.89M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-40.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-51.29M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.60M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNet`	$142.00K	USD	2 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNet`	$-2.00K	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNet`	$407.00K	USD	2 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNet`	$214.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$1.29M	USD	2 Qtrs
Other income	`OtherOperatingIncome`	$1.28M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$46.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$188.00K	USD	2 Qtrs
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$440.00K	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-158.00K	USD	2 Qtrs
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$143.00K	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.14M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$403.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$437.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$2.57M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$1.72M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-38.84M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.20M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.45M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.72M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$87.00K	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$288.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-624.00K	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$84.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.80M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.60	USD	2 Qtrs
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.40	USD	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	108.53M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	81.70M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.36M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	51.97M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.80M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.08M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$9.16M	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-16.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	2 Qtrs
Provision for doubtful accounts	`AccountsReceivableBadDebtExpense`	$200.00K	USD	1 Quarter
Provision for doubtful accounts	`AccountsReceivableBadDebtExpense`	$966.00K	USD	2 Qtrs
Provision for doubtful accounts	`AccountsReceivableBadDebtExpense`	$44.00K	USD	2 Qtrs
Accretion of available-for-sale securities	`AccretionOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Accretion of available-for-sale securities	`AccretionOfAvailableForSaleSecurities`	$-24.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-232.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-379.00K	USD	2 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$-777.00K	USD	2 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$2.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-752.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$361.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-26.83M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-73.73M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.72M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-593.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.57M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-83.19M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-127.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.84M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.53M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.42M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.21M	USD	2 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$4.72M	USD	2 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$4.16M	USD	2 Qtrs
Cash, cash equivalents and restricted cash acquired in Merger	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Cash, cash equivalents and restricted cash acquired in Merger	`CashAcquiredFromAcquisition`	$54.59M	USD	2 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.50M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$46.46M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.13M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.30M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$383.00K	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$477.00K	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$693.00K	USD	2 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.85M	USD	2 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.83M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.84M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-987.00K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-265.00K	USD	2 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.85M	USD	2 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.66M	USD	2 Qtrs
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.11M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.89M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.74M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.45M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.11M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.89M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$108.74M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.45M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$145.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$306.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$25.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$34.00K	USD	2 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$56.00K	USD	2 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$118.00K	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$299.00K	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$371.00K	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$162.00K	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.24M	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.25M	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Common stock and options issued for merger	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Common stock and options issued for merger	`StockIssuedDuringPeriodValueAcquisitions`	$287.42M	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	109.86M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	53.89M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$108.49M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$118.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$105.63M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$357.47M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$132.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$251.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.28M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$477.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$693.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.83M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$349.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.49M	USD	1 Quarter
Issuance of common stock associated with the Merger	`StockIssuedDuringPeriodValueMerger`	$275.77M	USD	1 Quarter
Exchange of stock options and RSU related to Merger	`ShareBasedPaymentArrangementExchangeOfStockAndRestrictedStockUnitsInMerger`	$11.65M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.22M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.51M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$94.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.56M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.80M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	109.86M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	53.89M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$108.49M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$118.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$105.63M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$357.47M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.80M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.77M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-36.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.56M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.77M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$94.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.56M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.86M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-40.90M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-8.41M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-51.36M	USD	2 Qtrs

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