10-Q Filing

MAGNITE, INC. CIK: 1595974 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001595974-20-000151`
Period End Date	20200930
Filing Date	20201109
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	rubi-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 72 Cash Flow Statement 78 Stockholders Equity 57 Comprehensive Income 28

Balance Sheet 74 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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.89M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$217.57M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$412.44M	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
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.37M	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`	$313.05M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$529.60M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	110.71M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	53.89M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.88M	USD	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
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$42.74M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	110.71M	shares	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$16.05M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$17.39M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.39M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.13M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.10M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$157.80M	USD	Point-in-time
Goodwill	`Goodwill`	$7.37M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$395.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$866.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$259.44M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$457.43M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$7.28M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.18M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.02M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$778.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$473.62M	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`	$34.24M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$454.00K	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.48M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$283.18M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$510.34M	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 September 30, 2020 and December 31, 2019; 0 shares issued and outstanding at September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at September 30, 2020 and December 31, 2019; 0 shares issued and outstanding at September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at September 30, 2020 and December 31, 2019; 110,712 and 53,888 shares issued and outstanding at September 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 September 30, 2020 and December 31, 2019; 110,712 and 53,888 shares issued and outstanding at September 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`	$759.12M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.58M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-341.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-400.40M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$104.12M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$111.94M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$108.49M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$98.23M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$105.63M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$356.13M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$118.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$357.47M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$395.12M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$866.47M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$37.64M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$107.93M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$60.98M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$139.62M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$21.03M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$44.07M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$13.87M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$56.58M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$33.15M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$11.04M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$21.76M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$53.06M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$29.85M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$13.56M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$37.32M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$10.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.43M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.12M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$38.22M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.31M	USD	1 Quarter
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$2.25M	USD	1 Quarter
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$16.68M	USD	3 Qtrs
Merger and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$201.85M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$136.50M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$44.32M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$71.92M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-10.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.68M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-62.23M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-28.57M	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNet`	$-30.00K	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNet`	$112.00K	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNet`	$625.00K	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNet`	$218.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$48.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$2.49M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$236.00K	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$1.19M	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$845.00K	USD	3 Qtrs
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$296.00K	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$138.00K	USD	3 Qtrs
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-293.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$562.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$3.44M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$999.00K	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$871.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.12M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-58.78M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.07M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.57M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-569.00K	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$446.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$533.00K	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$55.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-59.32M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.17M	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.65	USD	3 Qtrs
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.52	USD	3 Qtrs
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	53.02M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	91.37M	shares	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.32M	shares	3 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	110.42M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-59.32M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.16M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.88M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$21.30M	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$17.00K	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-92.00K	USD	3 Qtrs
Provision for doubtful accounts	`AccountsReceivableBadDebtExpense`	$897.00K	USD	3 Qtrs
Provision for doubtful accounts	`AccountsReceivableBadDebtExpense`	$31.00K	USD	3 Qtrs
Accretion of available-for-sale securities	`AccretionOfAvailableForSaleSecurities`	$-24.00K	USD	3 Qtrs
Accretion of available-for-sale securities	`AccretionOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-469.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$-601.00K	USD	3 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$391.00K	USD	3 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$2.11M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$837.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-748.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.15M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$46.15M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-672.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.90M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-34.02M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$23.46M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-117.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.26M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.81M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.04M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.21M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.61M	USD	3 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$6.89M	USD	3 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$6.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash acquired in Merger	`CashAcquiredFromAcquisition`	-	USD	3 Qtrs
Cash, cash equivalents and restricted cash acquired in Merger	`CashAcquiredFromAcquisition`	$54.59M	USD	3 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.50M	USD	3 Qtrs
Maturities of available-for-sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.11M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$43.49M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$529.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.87M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$477.00K	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$693.00K	USD	3 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.84M	USD	3 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.85M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.28M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-841.00K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-192.00K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.00K	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.21M	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.67M	USD	3 Qtrs
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.10M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.12M	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`	$80.45M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.10M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.12M	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`	$80.45M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$829.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$300.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$46.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$49.00K	USD	3 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.00M	USD	3 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.39M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$616.00K	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$401.00K	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.04M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$13.07M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.30M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Common stock and options issued for Merger	`StockIssuedDuringPeriodValueAcquisitions`	$287.42M	USD	3 Qtrs
Common stock and options issued for Merger	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs

Stockholders Equity 57 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	53.89M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	110.71M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$104.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$108.49M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$105.63M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$356.13M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$118.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$357.47M	USD	Point-in-time
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$146.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.57M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$251.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.28M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$132.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$693.00K	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$477.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00K	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.49M	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
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`	$4.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.59M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.22M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.51M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.82M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-326.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-292.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.54M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$94.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-59.32M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.17M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	53.89M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	110.71M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$104.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$108.49M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$105.63M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$356.13M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$118.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$357.47M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-39.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.28M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.55M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-59.32M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.17M	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-292.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.54M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$18.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-328.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-326.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-292.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.54M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$94.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-27.33M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-61.86M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.50M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.47M	USD	1 Quarter

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