10-K Filing

ARCHER AVIATION INC. CIK: 1824502 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001628280-23-008091`
Period End Date	20221231
Filing Date	20230315
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	achr-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 28 Cash Flow Statement 85 Stockholders Equity 25 Comprehensive Income 6

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$746.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.40M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCash`	$300.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.90M	USD	Point-in-time
Short-Term Investments:	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$461.80M	USD	Point-in-time
Short-Term Investments:	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$300.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.60M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	232.64M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	59.85M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$754.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$545.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.50M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$500.00K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$400.00K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.50M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$11.90M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.50M	USD	Point-in-time
Total assets	`Assets`	$768.40M	USD	Point-in-time
Total assets	`Assets`	$573.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.60M	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.70M	USD	Point-in-time
Current portion of lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.10M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$9.30M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$9.50M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$36.70M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherLiabilitiesCurrent`	$12.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.30M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	-	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$9.30M	USD	Point-in-time
Lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$9.20M	USD	Point-in-time
Lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.20M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilitiesNoncurrent`	$7.00M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilitiesNoncurrent`	$30.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$400.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$80.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$69.50M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and 2021	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.19B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.07B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-373.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-690.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$35.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$493.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$698.90M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$573.80M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$768.40M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$171.50M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$64.30M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$176.70M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$165.10M	USD	Annual
Other warrant expense	`OtherWarrantExpense`	$10.80M	USD	Annual
Other warrant expense	`OtherWarrantExpense`	$117.30M	USD	Annual
Total operating expenses	`OperatingExpenses`	$347.40M	USD	Annual
Total operating expenses	`OperatingExpenses`	$358.30M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-358.30M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-347.40M	USD	Annual
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	$900.00K	USD	Annual
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$27.80M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$10.60M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$2.30M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-1.00M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-317.30M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-347.80M	USD	Annual
Net loss	`NetIncomeLoss`	$-317.30M	USD	Annual
Net loss	`NetIncomeLoss`	$-347.80M	USD	Annual
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.32	USD	Annual
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-3.14	USD	Annual
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.14	USD	Annual
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.32	USD	Annual
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	240.48M	shares	Annual
Weighted-average common shares, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.84M	shares	Annual
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	240.48M	shares	Annual
Weighted-average common shares, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.84M	shares	Annual

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-317.30M	USD	Annual
Net loss	`NetIncomeLoss`	$-347.80M	USD	Annual
Depreciation, amortization and other	`OtherDepreciationAndAmortization`	$1.30M	USD	Annual
Depreciation, amortization and other	`OtherDepreciationAndAmortization`	$4.40M	USD	Annual
Debt discount and issuance cost amortization	`AmortizationOfDebtDiscountPremium`	$200.00K	USD	Annual
Debt discount and issuance cost amortization	`AmortizationOfDebtDiscountPremium`	$500.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$102.80M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$123.60M	USD	Annual
Change in fair value of warrant liabilities and other warrant costs	`FairValueAdjustmentOfWarrantsAndOtherWarrantCosts`	$-10.40M	USD	Annual
Change in fair value of warrant liabilities and other warrant costs	`FairValueAdjustmentOfWarrantsAndOtherWarrantCosts`	$-22.90M	USD	Annual
Non-cash lease expense	`OperatingLeaseExpense`	$1.70M	USD	Annual
Non-cash lease expense	`OperatingLeaseExpense`	$4.60M	USD	Annual
Research and development warrant expense	`OtherResearchAndDevelopmentExpense`	$7.00M	USD	Annual
Research and development warrant expense	`OtherResearchAndDevelopmentExpense`	$2.90M	USD	Annual
Other warrant expense	`OtherWarrantExpense`	$10.80M	USD	Annual
Other warrant expense	`OtherWarrantExpense`	$117.30M	USD	Annual
Interest income on short-term investments	`InterestIncomeShortTermInvestmentIncreaseDecrease`	$500.00K	USD	Annual
Interest income on short-term investments	`InterestIncomeShortTermInvestmentIncreaseDecrease`	-	USD	Annual
Accretion and amortization income of short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.90M	USD	Annual
Accretion and amortization income of short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	Annual
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on forgiveness of PPP loan	`GainsLossesOnExtinguishmentOfDebt`	$900.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$6.80M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.20M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.20M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$300.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.70M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-400.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-800.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-100.00K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$15.60M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$12.10M	USD	Annual
Operating lease right-of-use assets and lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.40M	USD	Annual
Operating lease right-of-use assets and lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.90M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	-	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$10.10M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-200.40M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-108.40M	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$487.40M	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$30.00M	USD	Annual
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	-	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.90M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.50M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-464.30M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.50M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$20.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	-	USD	Annual
Repayment of debt	`RepaymentsOfDebt`	-	USD	Annual
Repayment of debt	`RepaymentsOfDebt`	$10.00M	USD	Annual
Proceeds from PIPE financing	`ProceedsFromIssuanceOfPrivatePlacement`	$600.00M	USD	Annual
Proceeds from PIPE financing	`ProceedsFromIssuanceOfPrivatePlacement`	-	USD	Annual
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	$257.60M	USD	Annual
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	-	USD	Annual
Recapitalization transaction	`ProceedsFromRecapitalizationTransaction`	$257.60M	USD	Point-in-time
Recapitalization transaction costs	`PaymentsForReverseRecapitalizationTransactionCosts`	-	USD	Annual
Recapitalization transaction costs	`PaymentsForReverseRecapitalizationTransactionCosts`	$55.80M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$100.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$500.00K	USD	Annual
Proceeds from exercise of stock warrants	`ProceedsFromWarrantExercises`	$100.00K	USD	Annual
Proceeds from exercise of stock warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$200.00K	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.90M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$822.20M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-674.60M	USD	Annual
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$710.30M	USD	Annual
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$746.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.30M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$746.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.30M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$700.00K	USD	Annual
Cash paid for interest	`InterestPaidNet`	$1.50M	USD	Annual
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.10M	USD	Annual
Purchases of property and equipment included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$3.10M	USD	Annual
Allocation of debt proceeds to stock warrants	`AllocationOfDebtProceedsToStockWarrants`	$1.20M	USD	Annual
Allocation of debt proceeds to stock warrants	`AllocationOfDebtProceedsToStockWarrants`	-	USD	Annual
Conversion of convertible preferred stock to common stock in connection with the reverse recapitalization	`ConversionOfStockAmountConverted1`	-	USD	Annual
Conversion of convertible preferred stock to common stock in connection with the reverse recapitalization	`ConversionOfStockAmountConverted1`	$61.50M	USD	Annual
PIPE financing issuance costs settled with the issuance of Class A common stock	`PIPEFinancingIssuanceCostsSettledWithTheIssuance`	$7.00M	USD	Annual
PIPE financing issuance costs settled with the issuance of Class A common stock	`PIPEFinancingIssuanceCostsSettledWithTheIssuance`	-	USD	Annual
Recapitalization transaction costs settled with the issuance of Class A common stock	`RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock`	$8.10M	USD	Annual
Recapitalization transaction costs settled with the issuance of Class A common stock	`RecapitalizationTransactionCostsSettledWithTheIssuanceOfClassACommonStock`	-	USD	Annual

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$35.90M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$493.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$698.90M	USD	Point-in-time
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Issuance of restricted stock and restricted stock expense (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	10.00M	shares	Point-in-time
Issuance of restricted stock and restricted stock expense	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$118.10M	USD	Annual
Issuance of restricted stock and restricted stock expense	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$71.30M	USD	Annual
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.74M	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$500.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$400.00K	USD	Annual
Issuance of warrants and warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$14.10M	USD	Annual
Issuance of warrants and warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$124.30M	USD	Annual
Exercise of warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$100.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.70M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.50M	USD	Annual
Issuance of Class A common stock pursuant to the Business Combination Agreement (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	61.51M	shares	Point-in-time
Issuance of Class A common stock pursuant to the Business Combination Agreement	`StockIssuedDuringPeriodValueNewIssues`	$162.30M	USD	Annual
PIPE financing	`StockIssuedDuringPeriodValuePIPEFinancing`	$600.00M	USD	Annual
Net loss	`NetIncomeLoss`	$-317.30M	USD	Annual
Net loss	`NetIncomeLoss`	$-347.80M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-800.00K	USD	Annual
Ending balance	`StockholdersEquity`	$493.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$35.90M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$698.90M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-317.30M	USD	Annual
Net loss	`NetIncomeLoss`	$-347.80M	USD	Annual
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-800.00K	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-347.80M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-318.10M	USD	Annual

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