10-Q Filing

RECURSION PHARMACEUTICALS, INC. CIK: 1601830 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001601830-22-000035`
Period End Date	20220930
Filing Date	20221108
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	rxrx-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 48 Cash Flow Statement 70 Stockholders Equity 61 Comprehensive Income 20

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$454.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.12M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.09M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.55M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$34.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$11.63M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$9.06M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investments	`ShortTermInvestments`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investments	`ShortTermInvestments`	$231.45M	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
Other current assets	`OtherAssetsCurrent`	$13.25M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$7.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	174.07M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	170.27M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$534.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$481.62M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$8.68M	USD	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	174.07M	shares	Point-in-time
Common sock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$8.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$85.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$64.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$33.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.39M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.46M	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`	-	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$35.00K	USD	Point-in-time
Total assets	`Assets`	$611.53M	USD	Point-in-time
Total assets	`Assets`	$610.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.82M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$32.33M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$26.76M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiabilityCurrent`	$46.75M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiabilityCurrent`	$10.00M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$90.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$95.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.54M	USD	Point-in-time
Lease incentive obligation	`LeaseIncentivePayableCurrent`	-	USD	Point-in-time
Lease incentive obligation	`LeaseIncentivePayableCurrent`	$1.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$83.04M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	-	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$4.11M	USD	Point-in-time
Unearned revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$6.67M	USD	Point-in-time
Unearned revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$93.91M	USD	Point-in-time
Notes payable, non-current	`LongTermNotesPayable`	$561.00K	USD	Point-in-time
Notes payable, non-current	`LongTermNotesPayable`	$633.00K	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$45.99M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	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`	$223.50M	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 September 30, 2022 and December 31, 2021; 174,072,906 shares (Class A 166,187,697 and Class B 7,885,209) and 170,272,462 shares (Class A 160,906,245 and Class B 9,366,217) issued and outstanding as of September 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 September 30, 2022 and December 31, 2021; 174,072,906 shares (Class A 166,187,697 and Class B 7,885,209) and 170,272,462 shares (Class A 160,906,245 and Class B 9,366,217) issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$970.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$943.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-400.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-582.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-126.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$437.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$599.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$542.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$642.71M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$388.03M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$611.53M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$610.35M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.17M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.64M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.53M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.16M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	-	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$37.44M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$15.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$111.72M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$40.84M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$86.98M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$33.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$38.48M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.69M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$61.76M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$75.73M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$125.46M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$48.94M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$210.91M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-62.57M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-117.81M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-46.40M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-184.75M	USD	3 Qtrs
Other income (loss), net	`NonoperatingIncomeExpense`	$-3.73M	USD	3 Qtrs
Other income (loss), net	`NonoperatingIncomeExpense`	$2.76M	USD	3 Qtrs
Other income (loss), net	`NonoperatingIncomeExpense`	$-1.03M	USD	1 Quarter
Other income (loss), net	`NonoperatingIncomeExpense`	$2.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-121.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-181.98M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-47.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.45M	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.10	USD	3 Qtrs
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.06	USD	3 Qtrs
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
Net loss per share of Class A and B common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.28	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.10	USD	3 Qtrs
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.28	USD	1 Quarter
Net loss per share of Class A and B common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.06	USD	3 Qtrs
Weighted-average shares (Class A and B) outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.53M	shares	1 Quarter
Weighted-average shares (Class A and B) outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.51M	shares	3 Qtrs
Weighted-average shares (Class A and B) outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.44M	shares	1 Quarter
Weighted-average shares (Class A and B) outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	172.12M	shares	3 Qtrs
Weighted-average shares (Class A and B) outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.12M	shares	3 Qtrs
Weighted-average shares (Class A and B) outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.53M	shares	1 Quarter
Weighted-average shares (Class A and B) outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.51M	shares	3 Qtrs
Weighted-average shares (Class A and B) outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.44M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-121.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-181.98M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-47.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.17M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.54M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$20.21M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.50M	USD	3 Qtrs
Fixed asset impairment	`TangibleAssetImpairmentCharges`	$2.81M	USD	3 Qtrs
Fixed asset impairment	`TangibleAssetImpairmentCharges`	-	USD	3 Qtrs
Lease expense	`OperatingLeaseExpense`	$5.75M	USD	3 Qtrs
Lease expense	`OperatingLeaseExpense`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-827.00K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.94M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-377.00K	USD	3 Qtrs
Other receivables and assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.57M	USD	3 Qtrs
Other receivables and assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.75M	USD	3 Qtrs
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.50M	USD	3 Qtrs
Unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$124.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.25M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.07M	USD	3 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$3.70M	USD	3 Qtrs
Accrued development expense	`IncreaseDecreaseInAccruedDevelopmentExpense`	$1.52M	USD	3 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.12M	USD	3 Qtrs
Accrued expenses, deferred rent and other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-12.74M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.93M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.78M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.46M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.08M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.33M	USD	3 Qtrs
Purchase of an intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of an intangible asset	`PaymentsToAcquireIntangibleAssets`	$300.00K	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$184.17M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$230.61M	USD	3 Qtrs
Sales and maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-219.50M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$201.23M	USD	3 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from initial public offering of common stock, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$462.90M	USD	3 Qtrs
Proceeds from equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.62M	USD	3 Qtrs
Proceeds from equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$7.16M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$12.78M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$67.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$454.74M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.09M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$137.79M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$169.54M	USD	3 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`	$464.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.95M	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`	$295.35M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$464.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.95M	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`	-	USD	3 Qtrs
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$448.31M	USD	3 Qtrs
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$3.09M	USD	3 Qtrs
Accrued property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$413.00K	USD	3 Qtrs
Deferred issuance costs recorded in equity	`StockIssuanceCostsNoncash`	$547.00K	USD	3 Qtrs
Deferred issuance costs recorded in equity	`StockIssuanceCostsNoncash`	-	USD	3 Qtrs
Right-of-use asset additions and modifications	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Right-of-use asset additions and modifications	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.95M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$42.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$665.00K	USD	3 Qtrs
Cash paid for operating leases	`OperatingLeasePaymentsUse`	$4.93M	USD	3 Qtrs
Cash paid for operating leases	`OperatingLeasePaymentsUse`	-	USD	3 Qtrs

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
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, 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`	112.09M	shares	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
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
Conversion of preferred stock to common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	112.09M	shares	3 Qtrs
Conversion of preferred stock to common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$448.31M	USD	3 Qtrs
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, 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`	112.09M	shares	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
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
Beginning balance (in shares)	`CommonStockSharesOutstanding`	174.07M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$437.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$599.03M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$542.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$642.71M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$388.03M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-121.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-181.98M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-47.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.45M	USD	1 Quarter
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	3 Qtrs
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$197.00K	USD	1 Quarter
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	1 Quarter
Other comprehensive gain	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$126.00K	USD	3 Qtrs
Common stock issuance for initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$462.35M	USD	3 Qtrs
Conversion of preferred stock to common stock and warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$448.31M	USD	3 Qtrs
Stock option exercises and other (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	3.06M	shares	3 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.79M	USD	1 Quarter
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.74M	USD	3 Qtrs
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$382.00K	USD	1 Quarter
Stock option exercises and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.36M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.91M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.50M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.36M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.21M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	174.07M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	170.27M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-206.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$437.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$599.03M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$542.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$642.71M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$388.03M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-121.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-181.98M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-47.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.45M	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$87.00K	USD	3 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	3 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$197.00K	USD	1 Quarter
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-39.00K	USD	3 Qtrs
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	3 Qtrs
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net realized loss on investments reclassified into net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$197.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$126.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-47.43M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-60.25M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-121.54M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-181.86M	USD	3 Qtrs

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