10-Q Filing

UPWORK, INC CIK: 1627475 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001627475-23-000050`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	upwk-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 80 Cash Flow Statement 71 Stockholders Equity 40

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.76M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.46M	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
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$129.38M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	132.37M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$557.23M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$362.56M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	134.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	134.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$161.46M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$177.66M	USD	Point-in-time
Trade and client receivables net of allowance of $6,761 and $12,464 as of June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$64.89M	USD	Point-in-time
Trade and client receivables net of allowance of $6,761 and $12,464 as of June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$66.31M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$780.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$930.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.87M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$7.60M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$5.99M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.47M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.45M	USD	Point-in-time
Total assets	`Assets`	$930.57M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.18M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$161.46M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$177.66M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$53.61M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$48.82M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.07M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$247.69M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$355.17M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$564.26M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$11.18M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$8.22M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$5.54M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$8.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$831.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$623.65M	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 June 30, 2023 and December 31, 2022; 134,883,597 and 132,368,265 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 134,883,597 and 132,368,265 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$592.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$635.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-865.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-340.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-327.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$259.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$246.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$248.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$249.35M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$288.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$306.92M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$930.57M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$329.47M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$168.61M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$156.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$298.24M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.86M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$78.77M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$81.31M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.88M	USD	1 Quarter
Gross profit	`GrossProfit`	$248.16M	USD	2 Qtrs
Gross profit	`GrossProfit`	$116.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$219.46M	USD	2 Qtrs
Gross profit	`GrossProfit`	$127.73M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.25M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$87.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$35.83M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$73.99M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$59.07M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$120.92M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$124.07M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$63.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.47M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$58.27M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.32M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$2.55M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$8.78M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$9.25M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$6.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$133.84M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$266.16M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$139.09M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$279.31M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-46.70M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-31.15M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-23.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.81M	USD	2 Qtrs
Interest expense	`InterestExpense`	$713.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.25M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.12M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$375.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$48.80M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$4.70M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$443.00K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.79M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.13M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.83M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.50M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$27.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$2.65M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$56.00K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$1.86M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.82M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-48.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$13.18M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.37	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.37	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.71M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.06M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.49M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	135.05M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.71M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	134.14M	shares	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$297.00K	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.41M	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.22M	USD	2 Qtrs
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.25M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$15.40M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-52.81M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-3.69M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-25.23M	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$13.18M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-48.56M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$5.44M	USD	2 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$8.31M	USD	2 Qtrs
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$3.88M	USD	2 Qtrs
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$4.03M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.18M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.48M	USD	2 Qtrs
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$6.15M	USD	2 Qtrs
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-800.00K	USD	2 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.61M	USD	2 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.52M	USD	2 Qtrs
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$375.00K	USD	2 Qtrs
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$375.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$35.72M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$38.34M	USD	2 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$38.95M	USD	2 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$10.86M	USD	2 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$6.96M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.21M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.46M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-2.61M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-2.87M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.37M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$280.00K	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.46M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-5.14M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.49M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.28M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.39M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.92M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$231.35M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$254.12M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$307.41M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$191.61M	USD	2 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$138.20M	USD	Point-in-time
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$149.86M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$602.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$135.00K	USD	2 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$2.82M	USD	2 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$6.07M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.17M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$196.94M	USD	2 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$16.20M	USD	2 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$27.63M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$935.00K	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.04M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.46M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.56M	USD	2 Qtrs
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$171.33M	USD	2 Qtrs
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.14M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-151.63M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.92M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-23.95M	USD	2 Qtrs
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.15M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.23M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.11M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.15M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.23M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.11M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$785.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$837.00K	USD	2 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$46.00K	USD	2 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$124.00K	USD	2 Qtrs
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	$93.00K	USD	Point-in-time
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	$157.00K	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	134.88M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$249.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$288.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$306.92M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$556.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$935.00K	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$177.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.04M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.73M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.77M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.99M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.73M	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$187.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$187.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$375.00K	USD	2 Qtrs
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$375.00K	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.46M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.56M	USD	2 Qtrs
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.46M	USD	1 Quarter
Issuance of common stock in connection with employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.56M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$297.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.41M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.22M	USD	2 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.25M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-23.82M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-48.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$13.18M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	134.88M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$249.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$288.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$306.92M	USD	Point-in-time

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