10-Q Filing

NUTANIX, INC. CIK: 1618732 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001618732-18-000173`
Period End Date	20181031
Filing Date	20181210
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	ntnx-10312018x10qxq1x19_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 28 Cash Flow Statement 71 Stockholders Equity 25 Comprehensive Income 6

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$399.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$305.98M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$565.19M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$628.33M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$258.29M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$237.68M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$33.69M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$34.74M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.82M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.62M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$104.75M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$85.11M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$80.69M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$87.36M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$45.37M	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
Total intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$79.83M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Goodwill	`Goodwill`	$184.99M	USD	Point-in-time
Goodwill	`Goodwill`	$87.76M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	172.86M	shares	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$37.85M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$39.13M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	179.07M	shares	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	172.86M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	179.07M	shares	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$65.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.47M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$65.71M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$85.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$28.55M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$31.68M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$275.65M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$307.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$458.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$470.93M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$355.56M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$394.61M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$429.60M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$436.75M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$29.71M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$39.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	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, 2018 and October 31, 2018; no shares issued and outstanding as of July 31, 2018 and October 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, 2018 and October 31, 2018; no shares issued and outstanding as of July 31, 2018 and October 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, 2018 and October 31, 2018; 172,858,082 (135,109,672 Class A and 37,748,410 Class B) and 179,066,211 (141,366,331 Class A and 37,699,880 Class B) shares issued and outstanding as of July 31, 2018 and October 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, 2018 and October 31, 2018; 172,858,082 (135,109,672 Class A and 37,748,410 Class B) and 179,066,211 (141,366,331 Class A and 37,699,880 Class B) shares issued and outstanding as of July 31, 2018 and October 31, 2018	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.36B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.55B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.17M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.03B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$217.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$216.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$326.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$431.32M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$313.28M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$275.55M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$108.62M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$74.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$166.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$239.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$196.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$145.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$64.51M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$110.53M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.34M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$334.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$225.97M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-59.04M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-95.19M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-2.70M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-189.00K	USD	1 Quarter
Loss before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-59.23M	USD	1 Quarter
Loss before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-97.89M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-3.63M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$2.26M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-94.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.49M	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`	$-0.39	USD	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	156.78M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	175.45M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-94.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.18M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$35.52M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$65.92M	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$282.00K	USD	1 Quarter
Change in fair value of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-799.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.15M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$759.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-131.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-7.33M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-23.50M	USD	1 Quarter
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$7.73M	USD	1 Quarter
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$8.46M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.81M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$316.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.50M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.22M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-19.69M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.44M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-293.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$39.79M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$70.27M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.82M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.10M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$35.92M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$143.41M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$59.11M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$79.77M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.83M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.96M	USD	1 Quarter
Payment for a business combination, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payment for a business combination, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.66M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.15M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.15M	USD	1 Quarter
Proceeds from sales of shares through employee equity incentive plans, net of repurchases	`ProceedsFromStockOptionsExercised`	$29.89M	USD	1 Quarter
Proceeds from sales of shares through employee equity incentive plans, net of repurchases	`ProceedsFromStockOptionsExercised`	$25.23M	USD	1 Quarter
Payment of debt in conjunction with a business combination	`RepaymentsOfAssumedDebt`	$991.00K	USD	1 Quarter
Payment of debt in conjunction with a business combination	`RepaymentsOfAssumedDebt`	-	USD	1 Quarter
Payment of convertible notes issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment of convertible notes issuance costs	`PaymentsOfDebtIssuanceCosts`	$75.00K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$85.00K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.15M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.82M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.91M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$93.80M	USD	1 Quarter
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.89M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$307.10M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.59M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$139.50M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.89M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$307.10M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$133.59M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$139.50M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.11M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.13M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$399.79M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$132.46M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$305.98M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$2.07M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.91M	USD	1 Quarter
Issuance of common stock in connection with a business combination	`StockIssued1`	-	USD	1 Quarter
Issuance of common stock in connection with a business combination	`StockIssued1`	$102.98M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$15.72M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$7.08M	USD	1 Quarter
Vesting of early exercised stock options	`NoncashVestingofEarlyExercisedStockOptions`	$70.00K	USD	1 Quarter
Vesting of early exercised stock options	`NoncashVestingofEarlyExercisedStockOptions`	$249.00K	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	172.86M	shares	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	179.07M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$217.06M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$216.58M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$326.78M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$431.32M	USD	Point-in-time
Issuance of common stock through employee equity incentive plans, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.97M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.68M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$17.40M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$26.32M	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentstoAdditionalPaidinCapitalVestingofEarlyExercisedStockOptions`	$249.00K	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentstoAdditionalPaidinCapitalVestingofEarlyExercisedStockOptions`	$70.00K	USD	1 Quarter
Issuance of common stock in connection with a business combination	`StockIssuedDuringPeriodValueAcquisitions`	$102.98M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.52M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.92M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-130.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-166.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-94.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.49M	USD	1 Quarter
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	172.86M	shares	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	179.07M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$217.06M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$216.58M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$326.78M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$431.32M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-94.27M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.49M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-166.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-130.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-94.43M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-61.62M	USD	1 Quarter

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