10-Q Filing

UPWORK, INC CIK: 1627475 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001627475-23-000057`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	upwk-20230930_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`	$12.46M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.22M	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`	$129.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.83M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	132.37M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.11M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$557.23M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$408.42M	USD	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`	$177.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.11M	shares	Point-in-time
Trade and client receivables net of allowance of $5,216 and $12,464 as of September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$64.89M	USD	Point-in-time
Trade and client receivables net of allowance of $5,216 and $12,464 as of September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$60.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$810.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$930.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$26.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.06M	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`	$5.17M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.38M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.45M	USD	Point-in-time
Total assets	`Assets`	$961.44M	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`	$1.75M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$161.46M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$177.97M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$52.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$53.61M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.07M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$21.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$253.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$247.69M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$564.26M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$355.63M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$6.93M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$11.18M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$2.88M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$8.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$618.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$831.37M	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, 2023 and December 31, 2022; 136,109,497 and 132,368,265 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 136,109,497 and 132,368,265 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$654.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$592.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-393.00K	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`	$-311.44M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$342.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$248.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$246.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$259.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$242.58M	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`	$961.44M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$158.64M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$505.20M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$456.88M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$175.73M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$119.24M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.47M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$124.58M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$43.27M	USD	1 Quarter
Gross profit	`GrossProfit`	$380.62M	USD	3 Qtrs
Gross profit	`GrossProfit`	$337.63M	USD	3 Qtrs
Gross profit	`GrossProfit`	$132.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$118.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$131.15M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$38.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$112.89M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$184.10M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$171.38M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$63.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.31M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.65M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$93.87M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$31.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$86.92M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$10.86M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$10.14M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$18.92M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForTransactionLosses`	$1.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$120.99M	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`	$400.31M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-72.14M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-25.44M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-19.69M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$11.47M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.52M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.36M	USD	3 Qtrs
Interest expense	`InterestExpense`	$711.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$55.27M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.48M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.21M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.77M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-73.29M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.23M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.79M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.06M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$3.55M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$96.00K	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$40.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$895.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$29.51M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-73.39M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.08M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	134.15M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	130.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	135.18M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.83M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.08M	shares	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`	$472.00K	USD	1 Quarter
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`	$2.69M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-77.47M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.81M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$32.20M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-24.66M	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$29.51M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-73.39M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$6.81M	USD	3 Qtrs
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$18.41M	USD	3 Qtrs
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$5.64M	USD	3 Qtrs
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$6.01M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.64M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.22M	USD	3 Qtrs
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-485.00K	USD	3 Qtrs
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$9.83M	USD	3 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.44M	USD	3 Qtrs
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.29M	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`	$56.15M	USD	3 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$38.95M	USD	3 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$17.76M	USD	3 Qtrs
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$2.64M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-380.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.49M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-4.38M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-3.99M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$278.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.80M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.20M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.08M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-9.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.29M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.90M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.56M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$449.18M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$398.26M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$451.05M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$371.88M	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$138.20M	USD	Point-in-time
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$159.57M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$893.00K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$558.00K	USD	3 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$9.18M	USD	3 Qtrs
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$5.16M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$151.71M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.43M	USD	3 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$9.15M	USD	3 Qtrs
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$16.51M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.94M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.33M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.46M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$2.56M	USD	3 Qtrs
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$171.33M	USD	3 Qtrs
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.95M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-150.31M	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`	$33.96M	USD	3 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`	$329.19M	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`	$330.68M	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`	$329.19M	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`	$330.68M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.31M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.52M	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$107.00K	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`	$40.00K	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	136.11M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$342.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$242.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$306.92M	USD	Point-in-time
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsAndWarrantExercised`	$1.94M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsAndWarrantExercised`	$1.00M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.33M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$291.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.45M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.18M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.79M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.01M	USD	1 Quarter
Issuance of common stock for settlement of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.00K	USD	3 Qtrs
Issuance of common stock for settlement of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$563.00K	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`	$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`	$2.56M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-4.09M	USD	3 Qtrs
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$472.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$166.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.69M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$29.51M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-24.83M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-73.39M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	136.11M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$342.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$246.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$242.58M	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.