10-Q Filing

LEMONADE, INC. CIK: 1691421 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001628280-20-012492`
Period End Date	20200630
Filing Date	20200812
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	lmda-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 76 Cash Flow Statement 72 Stockholders Equity 59

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, available-for-sale securities	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.80M	USD	Point-in-time
Amortized cost, available-for-sale securities	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.50M	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$200.00K	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$400.00K	USD	Point-in-time
Convertible preferred stock, par value (usd per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Convertible preferred stock, par value (usd per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Debt Securities, Available-for-sale	`AvailableForSaleSecuritiesDebtSecurities`	$6.70M	USD	Point-in-time
Debt Securities, Available-for-sale	`AvailableForSaleSecuritiesDebtSecurities`	$5.90M	USD	Point-in-time
Convertible preferred stock, authorized (shares)	`TemporaryEquitySharesAuthorized`	31.56M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$29.90M	USD	Point-in-time
Convertible preferred stock, authorized (shares)	`TemporaryEquitySharesAuthorized`	31.56M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$54.70M	USD	Point-in-time
Total investments	`Investments`	$60.60M	USD	Point-in-time
Convertible preferred stock, issued (shares)	`TemporaryEquitySharesIssued`	31.56M	shares	Point-in-time
Total investments	`Investments`	$36.60M	USD	Point-in-time
Convertible preferred stock, issued (shares)	`TemporaryEquitySharesIssued`	31.56M	shares	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.40M	USD	Point-in-time
Convertible preferred stock, outstanding (shares)	`TemporaryEquitySharesOutstanding`	28.60M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$258.80M	USD	Point-in-time
Premium receivable, net of allowance for doubtful accounts of $0.4 million and $0.2 million as of June 30, 2020 and December 31, 2019	`PremiumsReceivableAtCarryingValue`	$54.10M	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	$480.80M	USD	Point-in-time
Convertible preferred stock, liquidation preference	`TemporaryEquityLiquidationPreference`	$480.80M	USD	Point-in-time
Premium receivable, net of allowance for doubtful accounts of $0.4 million and $0.2 million as of June 30, 2020 and December 31, 2019	`PremiumsReceivableAtCarryingValue`	$64.90M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$26.20M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$20.30M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$1.00M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	-	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	52.00M	shares	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	52.00M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	11.78M	shares	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$1.80M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$2.50M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	12.37M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.30M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	12.37M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.10M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$600.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$600.00K	USD	Point-in-time
Other assets	`OtherAssets`	$6.00M	USD	Point-in-time
Other assets	`OtherAssets`	$2.50M	USD	Point-in-time
Total assets	`Assets`	$414.30M	USD	Point-in-time
Total assets	`Assets`	$399.90M	USD	Point-in-time
Unpaid losses and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$13.10M	USD	Point-in-time
Unpaid losses and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$28.20M	USD	Point-in-time
Unpaid losses and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$35.30M	USD	Point-in-time
Unpaid losses and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$20.70M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$86.90M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$68.00M	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$700.00K	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$600.00K	USD	Point-in-time
Other liabilities and accrued expense	`AccruedLiabilitiesAndOtherLiabilities`	$19.70M	USD	Point-in-time
Other liabilities and accrued expense	`AccruedLiabilitiesAndOtherLiabilities`	$18.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$141.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$116.60M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$355.20M	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Convertible preferred stock (Series Seed, A, B, C and D), $0.00001 par value; 31,557,107 shares authorized, issued and outstanding as of June 30, 2020 and December 31, 2019, respectively; aggregate liquidation preference of $480.8 million as of June 30, 2020	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Common stock, $0.00001 par value, 52,000,000 shares authorized as of June 30, 2020 and December 31, 2019, respectively; 12,369,701 shares and 11,784,765 shares issued and 12,369,701 shares and 11,271,228 shares outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value, 52,000,000 shares authorized as of June 30, 2020 and December 31, 2019, respectively; 12,369,701 shares and 11,784,765 shares issued and 12,369,701 shares and 11,271,228 shares outstanding as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$15.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-255.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-198.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$300.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$100.00K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-79.10M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-221.60M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-122.70M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-100.30M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$399.90M	USD	Point-in-time
Total liabilities, convertible preferred stock and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$414.30M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earned premium	`PremiumsEarnedNet`	$13.30M	USD	1 Quarter
Net earned premium	`PremiumsEarnedNet`	$29.20M	USD	1 Quarter
Net earned premium	`PremiumsEarnedNet`	$23.80M	USD	2 Qtrs
Net earned premium	`PremiumsEarnedNet`	$54.50M	USD	2 Qtrs
Ceding commission income	`CededCommissionIncome`	$400.00K	USD	2 Qtrs
Ceding commission income	`CededCommissionIncome`	-	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	-	USD	2 Qtrs
Ceding commission income	`CededCommissionIncome`	$400.00K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$200.00K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.10M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$1.00M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$500.00K	USD	1 Quarter
Commission income	`InsuranceCommissionsAndFees`	$100.00K	USD	1 Quarter
Commission income	`InsuranceCommissionsAndFees`	$100.00K	USD	2 Qtrs
Commission income	`InsuranceCommissionsAndFees`	-	USD	1 Quarter
Commission income	`InsuranceCommissionsAndFees`	-	USD	2 Qtrs
Total revenue	`Revenues`	$29.90M	USD	1 Quarter
Total revenue	`Revenues`	$56.10M	USD	2 Qtrs
Total revenue	`Revenues`	$13.80M	USD	1 Quarter
Total revenue	`Revenues`	$24.80M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$38.70M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$17.80M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$20.50M	USD	1 Quarter
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$9.90M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$4.00M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$2.20M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$7.30M	USD	2 Qtrs
Other insurance expense	`OtherInsuranceExpense`	$4.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$19.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$37.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$35.30M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$16.10M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$2.10M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$4.20M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$3.60M	USD	2 Qtrs
Technology development	`ResearchAndDevelopmentExpense`	$7.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.60M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.40M	USD	2 Qtrs
Total expense	`BenefitsLossesAndExpenses`	$36.80M	USD	1 Quarter
Total expense	`BenefitsLossesAndExpenses`	$69.30M	USD	2 Qtrs
Total expense	`BenefitsLossesAndExpenses`	$50.60M	USD	1 Quarter
Total expense	`BenefitsLossesAndExpenses`	$113.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.90M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.70M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$300.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$600.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$200.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$100.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.70M	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Unrealized gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-57.30M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.70M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.80M	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-2.09	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.77	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-4.05	USD	2 Qtrs
Net loss per share attributable to common stockholdersbasic and diluted (usd per share)	`EarningsPerShareBasicAndDiluted`	$-4.89	USD	2 Qtrs
Weighted average common shares outstandingbasic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.07M	shares	1 Quarter
Weighted average common shares outstandingbasic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.75M	shares	2 Qtrs
Weighted average common shares outstandingbasic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.89M	shares	1 Quarter
Weighted average common shares outstandingbasic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.03M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.70M	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$100.00K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$700.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$800.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.60M	USD	2 Qtrs
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$300.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$900.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Noncash interest	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Noncash interest	`OtherNoncashIncomeExpense`	$300.00K	USD	2 Qtrs
Common share contribution to the Lemonade Foundation	`NoncashContributionExpense`	-	USD	2 Qtrs
Common share contribution to the Lemonade Foundation	`NoncashContributionExpense`	$12.20M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$13.00M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$11.60M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$5.40M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$5.90M	USD	2 Qtrs
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$-1.50M	USD	2 Qtrs
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$-1.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$200.00K	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$700.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.90M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.50M	USD	2 Qtrs
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.60M	USD	2 Qtrs
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.10M	USD	2 Qtrs
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-16.20M	USD	2 Qtrs
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-18.90M	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-200.00K	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$100.00K	USD	2 Qtrs
Other liabilities and accrued expense	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$2.80M	USD	2 Qtrs
Other liabilities and accrued expense	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.30M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.70M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.30M	USD	2 Qtrs
Proceeds from short-term investments sold or matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$40.00M	USD	2 Qtrs
Proceeds from short-term investments sold or matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$6.00M	USD	2 Qtrs
Proceeds from bonds sold or matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from bonds sold or matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$2.20M	USD	2 Qtrs
Cost of short-term investments acquired	`PaymentsToAcquireMarketableSecurities`	$14.90M	USD	2 Qtrs
Cost of short-term investments acquired	`PaymentsToAcquireMarketableSecurities`	$14.80M	USD	2 Qtrs
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.90M	USD	2 Qtrs
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.30M	USD	2 Qtrs
Purchases of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.40M	USD	2 Qtrs
Purchases of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.90M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.50M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$22.50M	USD	2 Qtrs
Proceeds from release of shares upon repayment	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	$1.30M	USD	2 Qtrs
Proceeds from release of shares upon repayment	`ProceedsFromRepaymentOfLoansToPurchaseCommonStock`	-	USD	2 Qtrs
Issuance of Preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$174.40M	USD	2 Qtrs
Issuance of Preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$300.00K	USD	2 Qtrs
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$100.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$174.70M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.40M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-100.00K	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$124.50M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.50M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$258.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$226.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$258.80M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$800.00K	USD	2 Qtrs

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$600.00K	USD	1 Quarter
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	28.60M	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$355.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Issuance of Preferred stock (shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	4.15M	shares	1 Quarter
Issuance of Preferred stock (shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	3,622.00	shares	1 Quarter
Issuance of preferred stock, net of issuance costs	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$174.40M	USD	1 Quarter
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	24.45M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	28.60M	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$180.80M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$355.20M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	12.37M	shares	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-79.10M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-221.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-122.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-100.30M	USD	Point-in-time
Exercise of stock options (shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	84,936.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$300.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$400.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$400.00K	USD	1 Quarter
Contribution to the Lemonade Foundation	`StockIssuedDuringPeriodValueIssuedForCharitableContribution`	$12.20M	USD	1 Quarter
Release of shares upon repayment	`StockIssuedDuringPeriodValueExerciseOfStockOptionUponRepayment`	$1.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.70M	USD	2 Qtrs
Ending balance (shares)	`CommonStockSharesOutstanding`	12.37M	shares	Point-in-time
Ending balance (shares)	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-79.10M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-221.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-122.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-100.30M	USD	Point-in-time

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