10-Q Filing

UPWORK, INC CIK: 1627475 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001627475-19-000025`
Period End Date	20190630
Filing Date	20190807
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	upwk-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 64 Cash Flow Statement 77 Stockholders Equity 39

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.83M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.19M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.13M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.59M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.33M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.09M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	110.71M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$62.44M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	106.45M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.45M	shares	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$98.19M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$118.30M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	110.71M	shares	Point-in-time
Trade and client receivables net of allowance of $2,195 and $2,832 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$51.45M	USD	Point-in-time
Trade and client receivables net of allowance of $2,195 and $2,832 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$22.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.25M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$305.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$255.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$10.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.21M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$4.67M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$6.00M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$976.00K	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$653.00K	USD	Point-in-time
Total assets	`Assets`	$448.91M	USD	Point-in-time
Total assets	`Assets`	$391.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.07M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$118.30M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$98.19M	USD	Point-in-time
Debt, current	`LongTermDebtCurrent`	$5.67M	USD	Point-in-time
Debt, current	`LongTermDebtCurrent`	$32.57M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$20.95M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$19.13M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.13M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$722.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$172.66M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$18.24M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$14.47M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$1.99M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$4.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$191.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$147.83M	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of June 30, 2019 and December 31, 2018; 110,708,530 and 106,454,321 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of June 30, 2019 and December 31, 2018; 110,708,530 and 106,454,321 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$387.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$407.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-143.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-150.25M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-31.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-30.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$243.75M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$257.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$243.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-35.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$448.91M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$391.57M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$74.26M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$121.90M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$143.18M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.68M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$21.59M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.07M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$20.46M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$42.71M	USD	2 Qtrs
Gross profit	`GrossProfit`	$52.67M	USD	1 Quarter
Gross profit	`GrossProfit`	$42.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.83M	USD	2 Qtrs
Gross profit	`GrossProfit`	$100.47M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$31.50M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$26.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$15.70M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$45.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$36.09M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$24.48M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$16.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.39M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.79M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$2.72M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$1.49M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$855.00K	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$1.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$41.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$87.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$107.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$55.14M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-2.48M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$329.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-7.31M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-5.68M	USD	2 Qtrs
Interest expense	`InterestExpense`	$730.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$357.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.08M	USD	2 Qtrs
Interest expense	`InterestExpense`	$556.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-173.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-422.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$832.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.31M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.73M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.19M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$28.00K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$27.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$12.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$9.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-6.75M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.20M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-412.00K	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	2 Qtrs
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	2 Qtrs
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	108.68M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.67M	shares	2 Qtrs
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	35.10M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.65M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-6.75M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-7.20M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForDoubtfulAccounts`	$1.04M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForDoubtfulAccounts`	$2.72M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$2.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$2.83M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$26.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$51.00K	USD	2 Qtrs
Amortization of discount on purchases of marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Amortization of discount on purchases of marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$665.00K	USD	2 Qtrs
Change in fair value of redeemable convertible preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of redeemable convertible preferred stock warrant liability	`FairValueAdjustmentOfWarrants`	$359.00K	USD	2 Qtrs
Change in fair value of Tides Foundation common stock warrant	`IncreaseDecreaseInCommonStockWarrant`	$200.00K	USD	1 Quarter
Change in fair value of Tides Foundation common stock warrant	`IncreaseDecreaseInCommonStockWarrant`	$377.00K	USD	2 Qtrs
Change in fair value of Tides Foundation common stock warrant	`IncreaseDecreaseInCommonStockWarrant`	-	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.93M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.68M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-33.00K	USD	2 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$8.62M	USD	2 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$30.29M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$572.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$701.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$261.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-589.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$17.33M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-430.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-408.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-98.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.40M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.83M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$86.57M	USD	2 Qtrs
Sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	2 Qtrs
Sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$24.80M	USD	2 Qtrs
Decrease (increase) in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-150.00K	USD	2 Qtrs
Decrease (increase) in restricted cash	`IncreaseDecreaseInRestrictedCash`	$100.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.43M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.30M	USD	2 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$1.95M	USD	2 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$2.18M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.23M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.34M	USD	2 Qtrs
Changes in funds held in escrow, including funds in transit	`ChangesInFundsHeldInEscrowIncludingFundsInTransit`	$20.12M	USD	2 Qtrs
Changes in funds held in escrow, including funds in transit	`ChangesInFundsHeldInEscrowIncludingFundsInTransit`	$-5.69M	USD	2 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$-5.69M	USD	2 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$20.12M	USD	2 Qtrs
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant`	$4.27M	USD	2 Qtrs
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant`	$10.34M	USD	2 Qtrs
Proceeds from borrowings on debt	`ProceedsFromLinesOfCredit`	$50.00M	USD	2 Qtrs
Proceeds from borrowings on debt	`ProceedsFromLinesOfCredit`	$25.00M	USD	Point-in-time
Proceeds from borrowings on debt	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings on debt	`ProceedsFromLinesOfCredit`	$25.00M	USD	Point-in-time
Repayment of debt	`RepaymentsOfDebt`	-	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$26.89M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	-	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$3.58M	USD	2 Qtrs
Payments of costs related to the initial public offering	`PaymentsOfDeferredOfferingCosts`	$1.60M	USD	2 Qtrs
Payments of costs related to the initial public offering	`PaymentsOfDeferredOfferingCosts`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.67M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$37.02M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-62.04M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.74M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.59M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.09M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.59M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.09M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.05M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$714.00K	USD	2 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$355.00K	USD	2 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$3.14M	USD	2 Qtrs
Unpaid deferred offering costs	`DeferredOfferingCostsIncurredButNotYetPaid`	$1.50M	USD	2 Qtrs
Unpaid deferred offering costs	`DeferredOfferingCostsIncurredButNotYetPaid`	-	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	61.28M	shares	Point-in-time
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	61.28M	shares	Point-in-time
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	61.28M	shares	Point-in-time
Redeemable Convertible Preferred Stock (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$166.49M	USD	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$166.49M	USD	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$166.49M	USD	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-31.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-30.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$243.75M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$257.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$243.97M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-35.05M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	3.58M	shares	2 Qtrs
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.58M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$10.35M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.27M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.05M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.79M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.53M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.72M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.68M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.58M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.75M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.03M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.20M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-412.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-31.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-30.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$243.75M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$257.63M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$243.97M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-35.05M	USD	Point-in-time

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