10-Q Filing

UPWORK, INC CIK: 1627475 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001627475-22-000043`
Period End Date	20220930
Filing Date	20221026
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	upwk-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 80 Cash Flow Statement 76 Stockholders Equity 40

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.41M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$16.10M	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	`CashAndCashEquivalentsAtCarryingValue`	$187.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.42M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$497.57M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	131.34M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	129.13M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$519.38M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$160.81M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$169.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	131.34M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	129.13M	shares	Point-in-time
Trade and client receivables net of allowance of $16,099 and $3,410 as of September 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$67.07M	USD	Point-in-time
Trade and client receivables net of allowance of $16,099 and $3,410 as of September 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$66.83M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.24M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$929.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$929.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.33M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$10.68M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$8.39M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.43M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.18M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.00M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$169.97M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$160.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$51.78M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$45.74M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.91M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$22.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$252.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$233.63M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$563.52M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$561.30M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$12.62M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$16.75M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$9.86M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$8.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$836.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$821.54M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 131,342,482 and 129,130,478 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 131,342,482 and 129,130,478 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$511.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$571.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-528.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-324.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-251.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$308.53M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$299.31M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$264.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$246.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$242.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$259.52M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$128.14M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$158.64M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$456.88M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$365.94M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.47M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$119.24M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$34.93M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$98.46M	USD	3 Qtrs
Gross profit	`GrossProfit`	$267.48M	USD	3 Qtrs
Gross profit	`GrossProfit`	$118.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$337.63M	USD	3 Qtrs
Gross profit	`GrossProfit`	$93.21M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$112.89M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$30.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$85.61M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$38.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$43.19M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$63.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$128.61M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$184.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$81.97M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$31.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$93.87M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$18.92M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$3.70M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$1.38M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$10.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$143.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$409.77M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$101.53M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$299.89M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.44M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-32.41M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-72.14M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.32M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.36M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.05M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$746.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-222.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.77M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-161.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$2.21M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.29M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.62M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.79M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.29M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$40.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$96.00K	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$26.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$59.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-73.39M	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.27	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.27	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.83M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.91M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.08M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	126.65M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	127.91M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.83M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	126.65M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.08M	shares	3 Qtrs
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$166.00K	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-30.00K	USD	3 Qtrs
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.09M	USD	3 Qtrs
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-5.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-33.71M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-77.47M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-24.66M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.32M	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-33.68M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.39M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.00M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$18.41M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$6.01M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$8.19M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$700.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$441.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.22M	USD	3 Qtrs
Amortization of premium of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-103.00K	USD	3 Qtrs
Amortization of premium of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-485.00K	USD	3 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.29M	USD	3 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.71M	USD	3 Qtrs
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$563.00K	USD	3 Qtrs
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$563.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$56.12M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$38.67M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	$7.39M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	3 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$13.97M	USD	3 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$17.76M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-380.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.16M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$114.00K	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-3.99M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$278.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.19M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.20M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$9.99M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.29M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.12M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.28M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.90M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$108.83M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$398.26M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$87.50M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$371.88M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$565.00K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$893.00K	USD	3 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$5.16M	USD	3 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$4.22M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.43M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.11M	USD	3 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$9.15M	USD	3 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$37.65M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant`	$6.64M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant`	$1.33M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.69M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.46M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$10.75M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebt`	-	USD	3 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$575.00M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$560.10M	USD	Point-in-time
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.86M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Purchases of capped calls related to convertible senior notes	`PaymentsForPurchaseOfCappedCallsOnConvertibleNotes`	$49.39M	USD	3 Qtrs
Purchases of capped calls related to convertible senior notes	`PaymentsForPurchaseOfCappedCallsOnConvertibleNotes`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.95M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$546.98M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.38M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$544.14M	USD	3 Qtrs
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.61M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.46M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.61M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.46M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.52M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$347.00K	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$107.00K	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$251.00K	USD	3 Qtrs
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	$75.00K	USD	Point-in-time
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	$118.00K	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	131.34M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	129.13M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$308.53M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$299.31M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$264.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$242.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$291.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.33M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.64M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$909.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.92M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.45M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.74M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.18M	USD	3 Qtrs
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$563.00K	USD	3 Qtrs
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$563.00K	USD	3 Qtrs
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.46M	USD	3 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.69M	USD	3 Qtrs
Purchases of capped calls related to convertible senior notes	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCalls`	$49.39M	USD	1 Quarter
Purchases of capped calls related to convertible senior notes	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCalls`	$49.39M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$166.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-30.00K	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.09M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-5.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.68M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-73.39M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	131.34M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	129.13M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$308.53M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$299.31M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$264.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$242.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$259.52M	USD	Point-in-time

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