10-Q Filing

NUTANIX, INC. CIK: 1618732 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001618732-18-000027`
Period End Date	20180131
Filing Date	20180315
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	ntnx-20180131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 72 Cash Flow Statement 96 Comprehensive Income 16

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$610.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$226.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$138.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$307.81M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$210.69M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$178.88M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$179.24M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$33.51M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$23.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.36M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.55M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$580.13M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$69.07M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$58.07M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$66.12M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$49.68M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.54M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$26.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Goodwill	`Goodwill`	$16.67M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Goodwill	`Goodwill`	$16.67M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$7.24M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$7.65M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	154.64M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	164.07M	shares	Point-in-time
Total assets	`Assets`	$738.21M	USD	Point-in-time
Total assets	`Assets`	$1.35B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	154.64M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	164.07M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$73.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$56.27M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$57.52M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$75.31M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$9.71M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$11.24M	USD	Point-in-time
Deferred revenuecurrent	`DeferredRevenueCurrent`	$231.73M	USD	Point-in-time
Deferred revenuecurrent	`DeferredRevenueCurrent`	$170.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$311.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$374.55M	USD	Point-in-time
Deferred revenuenon-current	`DeferredRevenueNoncurrent`	$198.93M	USD	Point-in-time
Deferred revenuenon-current	`DeferredRevenueNoncurrent`	$246.27M	USD	Point-in-time
Convertible senior notesnet	`ConvertibleDebtNoncurrent`	$415.65M	USD	Point-in-time
Convertible senior notesnet	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Early exercised stock options liability	`EarlyExercisedStockOptionLiability`	$851.00K	USD	Point-in-time
Early exercised stock options liability	`EarlyExercisedStockOptionLiability`	$430.00K	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$7.82M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$10.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$521.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000,000 shares authorized as of July 31, 2017 and January 31, 2018; no shares issued and outstanding as of July 31, 2017 and January 31, 2018	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000,000 shares authorized as of July 31, 2017 and January 31, 2018; no shares issued and outstanding as of July 31, 2017 and January 31, 2018	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000,000 (1,000,000,000 Class A, 200,000,000 Class B) shares authorized as of July 31, 2017 and January 31, 2018; 154,636,520 (93,570,171 Class A and 61,066,349 Class B) and 164,065,915 (119,873,498 Class A and 44,192,417 Class B) shares issued and outstanding as of July 31, 2017 and January 31, 2018	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000,000 (1,000,000,000 Class A, 200,000,000 Class B) shares authorized as of July 31, 2017 and January 31, 2018; 154,636,520 (93,570,171 Class A and 61,066,349 Class B) and 164,065,915 (119,873,498 Class A and 44,192,417 Class B) shares issued and outstanding as of July 31, 2017 and January 31, 2018	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$948.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-720.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-106.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-855.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-730.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$217.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$300.48M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$738.21M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.35B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$311.75M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$158.21M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$442.22M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$223.17M	USD	1 Quarter
Support and other services	`SalesRevenueServicesNet`	$63.57M	USD	1 Quarter
Support and other services	`SalesRevenueServicesNet`	$76.03M	USD	2 Qtrs
Support and other services	`SalesRevenueServicesNet`	$120.07M	USD	2 Qtrs
Support and other services	`SalesRevenueServicesNet`	$41.00M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$387.77M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$199.21M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$286.74M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$562.30M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$110.61M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$168.38M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$58.40M	USD	1 Quarter
Product	`CostOfGoodsSold`	$83.22M	USD	1 Quarter
Support and other services	`CostOfServices`	$25.31M	USD	1 Quarter
Support and other services	`CostOfServices`	$18.44M	USD	1 Quarter
Support and other services	`CostOfServices`	$35.99M	USD	2 Qtrs
Support and other services	`CostOfServices`	$48.77M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$146.61M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$76.85M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$108.53M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$217.15M	USD	2 Qtrs
Gross profit	`GrossProfit`	$122.37M	USD	1 Quarter
Gross profit	`GrossProfit`	$178.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$241.17M	USD	2 Qtrs
Gross profit	`GrossProfit`	$345.15M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$151.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$296.61M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$111.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$240.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$70.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$146.19M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$135.44M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$70.92M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$44.85M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$238.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$464.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$431.05M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$197.77M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-59.86M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-118.90M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-189.88M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-75.40M	USD	1 Quarter
Other expensenet	`NonoperatingIncomeExpense`	$-1.05M	USD	2 Qtrs
Other expensenet	`NonoperatingIncomeExpense`	$-26.13M	USD	2 Qtrs
Other expensenet	`NonoperatingIncomeExpense`	$-421.00K	USD	1 Quarter
Other expensenet	`NonoperatingIncomeExpense`	$-861.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-119.95M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-75.82M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-216.01M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$658.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.91M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.17M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$547.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-216.67M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-62.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-76.37M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-124.12M	USD	2 Qtrs
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.39	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.54	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-2.00	USD	2 Qtrs
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.78	USD	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	108.19M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	159.25M	shares	2 Qtrs
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	142.00M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	161.74M	shares	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-216.67M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-62.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-76.37M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-124.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.02M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$143.34M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$77.53M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-3.32M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Change in fair value of convertible preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of convertible preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$21.13M	USD	2 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$472.00K	USD	2 Qtrs
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.96M	USD	2 Qtrs
Amortization of debt discount and issuance cost	`AmortizationOfFinancingCostsAndDiscounts`	$738.00K	USD	2 Qtrs
Amortization of debt discount and issuance cost	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-141.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-457.00K	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$39.73M	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$490.00K	USD	2 Qtrs
Deferred commission	`IncreaseDecreaseInDeferredCharges`	$8.07M	USD	2 Qtrs
Deferred commission	`IncreaseDecreaseInDeferredCharges`	$26.10M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.84M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.71M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.34M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.56M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$17.79M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$11.81M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.68M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.42M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$79.37M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$108.94M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$56.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.91M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.62M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.99M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$117.55M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$183.10M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$41.20M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$84.93M	USD	2 Qtrs
Sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	2 Qtrs
Sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$32.64M	USD	2 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$184.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-130.17M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.51M	USD	2 Qtrs
Proceeds from issuance of convertible senior notesnet	`ProceedsFromConvertibleDebt`	$564.22M	USD	2 Qtrs
Proceeds from issuance of convertible senior notesnet	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	2 Qtrs
Proceeds from issuance of warrants	`ProceedsFromIssuanceOfWarrants`	$87.97M	USD	2 Qtrs
Payments for convertible note hedges	`PaymentsForHedgeFinancingActivities`	$143.18M	USD	2 Qtrs
Payments for convertible note hedges	`PaymentsForHedgeFinancingActivities`	-	USD	2 Qtrs
Proceeds from sales of shares through employee equity incentive plansnet of repurchases	`ProceedsFromStockOptionsExercised`	$36.82M	USD	2 Qtrs
Proceeds from sales of shares through employee equity incentive plansnet of repurchases	`ProceedsFromStockOptionsExercised`	$2.18M	USD	2 Qtrs
Proceeds from initial public offeringnet of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$254.46M	USD	2 Qtrs
Proceeds from initial public offeringnet of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$85.00K	USD	2 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$1.61M	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfSeniorDebt`	$75.00M	USD	2 Qtrs
Repayment of senior notes	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$1.58M	USD	2 Qtrs
Payment of debt in conjunction with a business acquisition	`RepaymentsOfAssumedDebt`	$7.12M	USD	2 Qtrs
Payment of debt in conjunction with a business acquisition	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$73.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$545.75M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$171.40M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$472.09M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$126.80M	USD	2 Qtrs
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$610.45M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$226.01M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$138.36M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$610.45M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$226.01M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$138.36M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$2.34M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.08M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.27M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$4.67M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$6.98M	USD	2 Qtrs
Convertible senior notes offering costs included in accounts payable and accrued liabilities	`ConvertibleDebtDeferredOfferingCostsIncurredbutNotyetPaid`	$707.00K	USD	2 Qtrs
Convertible senior notes offering costs included in accounts payable and accrued liabilities	`ConvertibleDebtDeferredOfferingCostsIncurredbutNotyetPaid`	-	USD	2 Qtrs
Vesting of early exercised stock options	`NoncashVestingofEarlyExercisedStockOptions`	$920.00K	USD	2 Qtrs
Vesting of early exercised stock options	`NoncashVestingofEarlyExercisedStockOptions`	$435.00K	USD	2 Qtrs
Offering costs included in accounts payable	`DeferredOfferingCostsIncurredbutNotyetPaid`	$51.00K	USD	2 Qtrs
Offering costs included in accounts payable	`DeferredOfferingCostsIncurredbutNotyetPaid`	-	USD	2 Qtrs
Conversion of convertible preferred stock to common stock, net of issuance costs	`ConversionOfStockAmountIssued1`	-	USD	2 Qtrs
Conversion of convertible preferred stock to common stock, net of issuance costs	`ConversionOfStockAmountIssued1`	$310.38M	USD	2 Qtrs
Reclassification of convertible preferred stock warrant liability to additional paid-in capital	`NoncashorPartNoncashReclassificationofLiabilitytoEquity`	-	USD	2 Qtrs
Reclassification of convertible preferred stock warrant liability to additional paid-in capital	`NoncashorPartNoncashReclassificationofLiabilitytoEquity`	$30.81M	USD	2 Qtrs
Issuance of common stock for business acquisitions	`StockIssued1`	-	USD	2 Qtrs
Issuance of common stock for business acquisitions	`StockIssued1`	$27.06M	USD	2 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-216.67M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-62.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-76.37M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-124.12M	USD	2 Qtrs
Change in unrealized loss on available-for-sale securitiesnet of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-614.00K	USD	2 Qtrs
Change in unrealized loss on available-for-sale securitiesnet of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-158.00K	USD	2 Qtrs
Change in unrealized loss on available-for-sale securitiesnet of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-484.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securitiesnet of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-150.00K	USD	1 Quarter
Total other comprehensive lossnet of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-158.00K	USD	2 Qtrs
Total other comprehensive lossnet of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-150.00K	USD	1 Quarter
Total other comprehensive lossnet of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-484.00K	USD	1 Quarter
Total other comprehensive lossnet of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-614.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-124.73M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-76.52M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-63.12M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-216.83M	USD	2 Qtrs

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