10-Q Filing

RECURSION PHARMACEUTICALS, INC. CIK: 1601830 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001601830-21-000017`
Period End Date	20210630
Filing Date	20210813
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	rxrx-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 48 Cash Flow Statement 58 Stockholders Equity 60

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	121.43M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$632.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$262.13M	USD	Point-in-time
Convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	200.00M	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	112.09M	shares	Point-in-time
Convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$5.04M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$10.23M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$49.00K	USD	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$156.00K	USD	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	$450.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.62M	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$269.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$647.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$25.97M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$48.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.34M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$650.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$68.00K	USD	Point-in-time
Total assets	`Assets`	$698.59M	USD	Point-in-time
Total assets	`Assets`	$298.58M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$12.71M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$10.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	188.40M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	168.43M	shares	Point-in-time
Current portion of unearned revenue	`ContractWithCustomerLiabilityCurrent`	$10.00M	USD	Point-in-time
Current portion of unearned revenue	`ContractWithCustomerLiabilityCurrent`	$10.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	22.31M	shares	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	168.43M	shares	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$3.13M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.07M	USD	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	22.31M	shares	Point-in-time
Current portion of lease incentive obligation	`LeaseIncentivePayableCurrent`	$499.00K	USD	Point-in-time
Current portion of lease incentive obligation	`LeaseIncentivePayableCurrent`	$467.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.54M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$2.67M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$2.82M	USD	Point-in-time
Unearned revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$16.67M	USD	Point-in-time
Unearned revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$11.67M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$11.41M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$9.42M	USD	Point-in-time
Lease incentive obligation, net of current portion	`LeaseIncentivePayableNoncurrent`	$2.71M	USD	Point-in-time
Lease incentive obligation, net of current portion	`LeaseIncentivePayableNoncurrent`	$2.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$56.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$55.88M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Convertible preferred stock (series A, A-1, B, C, and D), $0.00001 par value; 200,000,000 and 121,434,713 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 0 and 112,088,065 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively; Liquidation preference of $0 and $450,850 as of June 30, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Common stock (Class A and B), $0.00001 par value; 2,000,000,000 (Class A 1,989,032,117, Class B 10,967,883) and 188,400,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 168,425,907 (Class A 158,958,024, Class B 9,467,883) and 22,314,685 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock (Class A and B), $0.00001 par value; 2,000,000,000 (Class A 1,989,032,117, Class B 10,967,883) and 188,400,000 shares authorized as of June 30, 2021 and December 31, 2020, respectively; 168,425,907 (Class A 158,958,024, Class B 9,467,883) and 22,314,685 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$930.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-287.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-213.60M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-141.39M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$642.71M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-233.03M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-124.27M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-159.44M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$698.59M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$298.58M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$186.00K	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.11M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.55M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$246.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$53.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$29.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$13.24M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$26.09M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.72M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$22.79M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$76.52M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$36.81M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$18.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$43.48M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-71.41M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-18.22M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-40.93M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-36.56M	USD	2 Qtrs
Other loss, net	`NonoperatingIncomeExpense`	$-807.00K	USD	2 Qtrs
Other loss, net	`NonoperatingIncomeExpense`	$-2.71M	USD	2 Qtrs
Other loss, net	`NonoperatingIncomeExpense`	$-2.47M	USD	1 Quarter
Other loss, net	`NonoperatingIncomeExpense`	$-726.00K	USD	1 Quarter
Net loss and comprehensive loss	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.37M	USD	2 Qtrs
Net loss and comprehensive loss	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$43.40M	USD	1 Quarter
Net loss and comprehensive loss	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.94M	USD	1 Quarter
Net loss and comprehensive loss	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$74.12M	USD	2 Qtrs
Net loss and comprehensive loss	`NetIncomeLoss`	$-18.94M	USD	1 Quarter
Net loss and comprehensive loss	`NetIncomeLoss`	$-37.37M	USD	2 Qtrs
Net loss and comprehensive loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss and comprehensive loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.73	USD	2 Qtrs
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.88	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.31	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.91	USD	2 Qtrs
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.91	USD	2 Qtrs
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.31	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.88	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.73	USD	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	138.36M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.65M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.02M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.65M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	138.36M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.65M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.02M	shares	2 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.65M	shares	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.94M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.37M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.96M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.14M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.03M	USD	2 Qtrs
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.00M	USD	2 Qtrs
Increase (Decrease) in Contract with Customer, Liability	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.48M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$144.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-142.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-98.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$850.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.46M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$92.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.12M	USD	2 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$-574.00K	USD	2 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$606.00K	USD	2 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$190.00K	USD	2 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$997.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-34.52M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-64.41M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.32M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.63M	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$595.00K	USD	2 Qtrs
Proceeds from note receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-723.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.63M	USD	2 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$462.90M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$16.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.98M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$37.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$40.00K	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$6.40M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$465.84M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.38M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$375.80M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.86M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$642.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$267.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$642.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$267.17M	USD	Point-in-time
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$448.31M	USD	2 Qtrs
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	2 Qtrs
Deferred issuance costs recorded in equity	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$547.00K	USD	2 Qtrs
Deferred issuance costs recorded in equity	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$11.00K	USD	2 Qtrs
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$763.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$722.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$540.00K	USD	2 Qtrs

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Temporary equity, shares outstanding at beginning of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at beginning of period	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Conversion of preferred stock to common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	112.09M	shares	1 Quarter
Conversion of preferred stock to common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	112.09M	shares	2 Qtrs
Conversion of preferred stock to common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$448.31M	USD	1 Quarter
Conversion of preferred stock to common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$448.31M	USD	2 Qtrs
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	112.09M	shares	Point-in-time
Temporary equity, shares outstanding at end of period (in shares)	`TemporaryEquitySharesOutstanding`	75.19M	shares	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$201.11M	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Temporary equity, carrying amount attributable to parent at end of period	`TemporaryEquityCarryingAmountAttributableToParent`	$448.31M	USD	Point-in-time
Common stock, shares outstanding at beginning period (in shares)	`CommonStockSharesOutstanding`	168.43M	shares	Point-in-time
Common stock, shares outstanding at beginning period (in shares)	`CommonStockSharesOutstanding`	22.31M	shares	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-141.39M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$642.71M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-233.03M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-124.27M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-159.44M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.94M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.37M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Common stock issuance for initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$462.35M	USD	2 Qtrs
Common stock issuance for initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$462.35M	USD	1 Quarter
Conversion of preferred stock to common stock (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	1.20M	shares	Point-in-time
Conversion of preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.60M	USD	Point-in-time
Stock option exercises and other (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.50M	shares	2 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$823.00K	USD	1 Quarter
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.00K	USD	2 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.98M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$892.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.32M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.18M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.14M	USD	2 Qtrs
Common stock, shares outstanding at end period (in shares)	`CommonStockSharesOutstanding`	168.43M	shares	Point-in-time
Common stock, shares outstanding at end period (in shares)	`CommonStockSharesOutstanding`	22.31M	shares	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-141.39M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$642.71M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-233.03M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-124.27M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-159.44M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-206.29M	USD	Point-in-time

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