10-Q Filing

RECURSION PHARMACEUTICALS, INC. CIK: 1601830 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001601830-22-000030`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	rxrx-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 44 Cash Flow Statement 64 Stockholders Equity 65 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.88M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.55M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.90M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$34.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$21.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$11.66M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$9.06M	USD	Point-in-time
Investments	`ShortTermInvestments`	$231.45M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investments	`ShortTermInvestments`	$61.56M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.51M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Total current assets	`AssetsCurrent`	$546.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$534.72M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	170.27M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	172.82M	shares	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$8.68M	USD	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	172.82M	shares	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$8.33M	USD	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$81.51M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$64.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$34.64M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$32.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.23M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.39M	USD	Point-in-time
Goodwill	`Goodwill`	$801.00K	USD	Point-in-time
Goodwill	`Goodwill`	$801.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$35.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$610.35M	USD	Point-in-time
Total assets	`Assets`	$672.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.18M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$24.36M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$32.33M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiabilityCurrent`	$63.78M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiabilityCurrent`	$10.00M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$93.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$90.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.24M	USD	Point-in-time
Lease incentive obligation	`LeaseIncentivePayableCurrent`	$1.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$96.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.66M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$4.11M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	-	USD	Point-in-time
Unearned revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$89.93M	USD	Point-in-time
Unearned revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$6.67M	USD	Point-in-time
Notes payable, non-current	`LongTermNotesPayable`	$633.00K	USD	Point-in-time
Notes payable, non-current	`LongTermNotesPayable`	$586.00K	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$47.76M	USD	Point-in-time
Lease incentive obligation, non-current	`LeaseIncentivePayableNoncurrent`	$9.34M	USD	Point-in-time
Lease incentive obligation, non-current	`LeaseIncentivePayableNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$234.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$67.41M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.00001 par value; 2,000,000,000 shares (Class A 1,989,032,117 and Class B 10,967,883) authorized as of June 30, 2022 and December 31, 2021; 172,815,409 shares (Class A 164,858,200 and Class B 7,957,209) and 170,272,462 shares (Class A 160,906,245 and Class B 9,366,217) issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.00001 par value; 2,000,000,000 shares (Class A 1,989,032,117 and Class B 10,967,883) authorized as of June 30, 2022 and December 31, 2021; 172,815,409 shares (Class A 164,858,200 and Class B 7,957,209) and 170,272,462 shares (Class A 160,906,245 and Class B 9,366,217) issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$959.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$943.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-521.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-400.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-197.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-126.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$493.57M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$642.71M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$542.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$437.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-233.03M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$610.35M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$672.51M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.00B	shares	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.67M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.11M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.55M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.01M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$14.23M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$22.03M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$38.44M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$29.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$53.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$70.88M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.79M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$21.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$42.27M	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$73.86M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$76.52M	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$43.48M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$135.18M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-122.17M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-66.19M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-71.41M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-40.93M	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$631.00K	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$-2.47M	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$-2.71M	USD	2 Qtrs
Other income (loss), net	`NonoperatingIncomeExpense`	$633.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-121.54M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.56M	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.71	USD	2 Qtrs
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.38	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.71	USD	2 Qtrs
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.38	USD	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	138.36M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.02M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.46M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.21M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	171.46M	shares	2 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.02M	shares	2 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	138.36M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.21M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-121.54M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.55M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$11.31M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.14M	USD	2 Qtrs
Fixed asset impairment	`TangibleAssetImpairmentCharges`	-	USD	2 Qtrs
Fixed asset impairment	`TangibleAssetImpairmentCharges`	$2.81M	USD	2 Qtrs
Lease expense	`OperatingLeaseExpense`	-	USD	2 Qtrs
Lease expense	`OperatingLeaseExpense`	$3.76M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-594.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.48M	USD	2 Qtrs
Other receivables and assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.36M	USD	2 Qtrs
Other receivables and assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.35M	USD	2 Qtrs
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$137.05M	USD	2 Qtrs
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$358.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.12M	USD	2 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$606.00K	USD	2 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$2.88M	USD	2 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-14.83M	USD	2 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$997.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.81M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.77M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-64.41M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.82M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.63M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$169.06M	USD	2 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$148.24M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.63M	USD	2 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$462.90M	USD	2 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.98M	USD	2 Qtrs
Proceeds from equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.80M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$44.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$40.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$465.84M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.75M	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`	$168.76M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.35M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$464.11M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$267.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$464.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$642.97M	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
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$4.17M	USD	2 Qtrs
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$763.00K	USD	2 Qtrs
Deferred issuance costs recorded in equity	`StockIssuanceCostsNoncash`	-	USD	2 Qtrs
Deferred issuance costs recorded in equity	`StockIssuanceCostsNoncash`	$547.00K	USD	2 Qtrs
Right-of-use asset additions and modifications	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right-of-use asset additions and modifications	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.99M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$540.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$28.00K	USD	2 Qtrs
Cash paid for operating leases	`OperatingLeasePaymentsUse`	$2.81M	USD	2 Qtrs
Cash paid for operating leases	`OperatingLeasePaymentsUse`	-	USD	2 Qtrs

Stockholders Equity 65 line items

Line Item	Tag	Value	Unit	Period
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`	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`	0.00	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`	0.00	shares	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`	-	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`	-	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	2 Qtrs
Conversion of preferred stock to common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	112.09M	shares	1 Quarter
Conversion of preferred stock to common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$448.31M	USD	2 Qtrs
Conversion of preferred stock to common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$448.31M	USD	1 Quarter
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`	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`	0.00	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`	0.00	shares	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`	-	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`	-	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
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$493.57M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-206.29M	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`	$542.94M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$437.58M	USD	Point-in-time
Total stockholders equity (deficit) at beginning of period	`StockholdersEquity`	$-233.03M	USD	Point-in-time
Common stock, shares outstanding at beginning period (in shares)	`CommonStockSharesOutstanding`	172.82M	shares	Point-in-time
Common stock, shares outstanding at beginning period (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-121.54M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.56M	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$112.00K	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-71.00K	USD	2 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.94M	USD	2 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.98M	USD	2 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.79M	USD	1 Quarter
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$823.00K	USD	1 Quarter
Stock option exercises and other (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.18M	shares	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.67M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.14M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.31M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.32M	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 and warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$448.31M	USD	2 Qtrs
Conversion of preferred stock to common stock and warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$448.31M	USD	1 Quarter
Common stock, shares outstanding at end period (in shares)	`CommonStockSharesOutstanding`	172.82M	shares	Point-in-time
Common stock, shares outstanding at end period (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$493.57M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-206.29M	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`	$542.94M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$437.58M	USD	Point-in-time
Total stockholders equity (deficit) at end of period	`StockholdersEquity`	$-233.03M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-74.12M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-121.54M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-43.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.56M	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$112.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-110.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-39.00K	USD	2 Qtrs
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$112.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-71.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-74.12M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-43.40M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-65.45M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-121.61M	USD	2 Qtrs

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