10-Q Filing

MAGNITE, INC. CIK: 1595974 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001595974-21-000028`
Period End Date	20210331
Filing Date	20210510
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	rubi-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 34 Cash Flow Statement 75 Stockholders Equity 22 Comprehensive Income 8

Balance Sheet 75 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`	$117.68M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.28M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$468.55M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$471.67M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$401.84M	USD	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`	$17.73M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.37M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$607.07M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$887.75M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	116.11M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$28.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.68M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	114.03M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	114.03M	shares	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$38.03M	USD	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$39.60M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	116.11M	shares	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$16.09M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$16.16M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$89.88M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$82.29M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$4.44M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$4.22M	USD	Point-in-time
Goodwill	`Goodwill`	$158.12M	USD	Point-in-time
Goodwill	`Goodwill`	$158.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$938.96M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.21B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$509.31M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$436.59M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$8.26M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$9.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.11M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$522.20M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$448.96M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$230.00K	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$199.00K	USD	Point-in-time
Debt, non-current, net of debt issuance costs	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Debt, non-current, net of debt issuance costs	`LongTermDebtNoncurrent`	$388.64M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$31.61M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$32.28M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.67M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.92M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$557.35M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$872.36M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at March 31, 2021 and December 31, 2020; 0 shares issued and outstanding at March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at March 31, 2021 and December 31, 2020; 0 shares issued and outstanding at March 31, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at March 31, 2021 and December 31, 2020; 116,113 and 114,029 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at March 31, 2021 and December 31, 2020; 116,113 and 114,029 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$777.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$751.02M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-957.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-407.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-394.52M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$381.61M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$342.36M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$111.94M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$98.23M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$938.96M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$60.72M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.30M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$14.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$20.76M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$11.27M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$22.59M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$10.69M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$14.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$14.16M	USD	1 Quarter
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$2.72M	USD	1 Quarter
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$1.93M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$74.49M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$47.02M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-10.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-13.78M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNet`	$144.00K	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNet`	$-143.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$9.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$1.22M	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.00K	USD	1 Quarter
Foreign exchange (gain) loss, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$698.00K	USD	1 Quarter
Total other (income) expense, net	`NonoperatingIncomeExpense`	$1.06M	USD	1 Quarter
Total other (income) expense, net	`NonoperatingIncomeExpense`	$851.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.88M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.71M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-201.00K	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$166.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter
Basic and Diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	54.87M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	115.30M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.52M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.06M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.99M	USD	1 Quarter
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$6.00K	USD	1 Quarter
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-50.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-159.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$99.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Non-cash lease expense	`NonCashLeaseExpense`	$-652.00K	USD	1 Quarter
Non-cash lease expense	`NonCashLeaseExpense`	$23.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$161.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$62.00K	USD	1 Quarter
Unrealized foreign currency gain	`ForeignCurrencyTransactionGainLossUnrealized`	$1.08M	USD	1 Quarter
Unrealized foreign currency gain	`ForeignCurrencyTransactionGainLossUnrealized`	$375.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-70.25M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-58.60M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.58M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$738.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-80.07M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-64.25M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$152.00K	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.39M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.23M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.23M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.32M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.27M	USD	1 Quarter
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$1.96M	USD	1 Quarter
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$2.34M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.27M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.61M	USD	1 Quarter
Proceeds from Convertible Notes offering, net of debt discount	`ProceedsFromConvertibleDebt`	$389.00M	USD	1 Quarter
Proceeds from Convertible Notes offering, net of debt discount	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Payment for capped call options	`PaymentsForCappedCallOptions`	-	USD	1 Quarter
Payment for capped call options	`PaymentsForCappedCallOptions`	$38.96M	USD	1 Quarter
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$198.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.79M	USD	1 Quarter
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.49M	USD	1 Quarter
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$355.63M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.46M	USD	1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-256.00K	USD	1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-299.00K	USD	1 Quarter
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$350.87M	USD	1 Quarter
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.61M	USD	1 Quarter
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.73M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$468.60M	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 End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.73M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$468.60M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$468.55M	USD	Point-in-time
Restricted cash included in other assets, non-current	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Restricted cash included in other assets, non-current	`RestrictedCashNoncurrent`	$54.00K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$50.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$226.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$15.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$51.00K	USD	1 Quarter
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$6.05M	USD	1 Quarter
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$338.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$115.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$161.00K	USD	1 Quarter
Debt issuance costs included in accrued expenses and other liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.35M	USD	1 Quarter
Debt issuance costs included in accrued expenses and other liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter
Debt discount, non-cash	`DebtDiscountReceivedDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter
Debt discount, non-cash	`DebtDiscountReceivedDuringNoncashOrPartialNoncashTransaction`	$11.00M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	114.03M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	116.11M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$381.61M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$342.36M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.79M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.49M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.11M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.22M	USD	1 Quarter
Capped call options	`APICShareBasedPaymentArrangementDecreaseForCappedCalls`	$38.96M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-313.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	114.03M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	116.11M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$381.61M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$342.36M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$111.94M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$98.23M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.68M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-313.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-789.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-313.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-13.19M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.46M	USD	1 Quarter

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