10-Q Filing

UPSTART HOLDINGS, INC. CIK: 1647639 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001647639-21-000022`
Period End Date	20210331
Filing Date	20210514
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	upst-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 42 Cash Flow Statement 82 Stockholders Equity 37

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Other assets at fair value	`OtherAssetsFairValueDisclosure`	$8.73M	USD	Point-in-time
Other assets at fair value	`OtherAssetsFairValueDisclosure`	$6.83M	USD	Point-in-time
Accrued expenses and other liabilities at fair value	`AccruedExpensesAndOtherLiabilitiesFairValueDisclosure`	$9.53M	USD	Point-in-time
Accrued expenses and other liabilities at fair value	`AccruedExpensesAndOtherLiabilitiesFairValueDisclosure`	$12.63M	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, authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	73.31M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	73.91M	shares	Point-in-time
Common Stock, outstanding (in shares)	`CommonStockSharesOutstanding`	73.91M	shares	Point-in-time
Common Stock, outstanding (in shares)	`CommonStockSharesOutstanding`	73.31M	shares	Point-in-time
Cash	`Cash`	$250.82M	USD	Point-in-time
Cash	`Cash`	$257.02M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$60.51M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$79.05M	USD	Point-in-time
Property, equipment, and software, net	`PropertyPlantAndEquipmentNet`	$10.10M	USD	Point-in-time
Property, equipment, and software, net	`PropertyPlantAndEquipmentNet`	$10.03M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$18.31M	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$17.27M	USD	Point-in-time
Other assets (includes $6,831 and $8,734 at fair value as of December 31, 2020 and March 31, 2021, respectively)	`OtherAssets`	$40.05M	USD	Point-in-time
Other assets (includes $6,831 and $8,734 at fair value as of December 31, 2020 and March 31, 2021, respectively)	`OtherAssets`	$51.94M	USD	Point-in-time
Total assets	`Assets`	$488.59M	USD	Point-in-time
Total assets	`Assets`	$477.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$8.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrentAndNoncurrent`	$13.78M	USD	Point-in-time
Payable to investors	`PayableToInvestors`	$45.50M	USD	Point-in-time
Payable to investors	`PayableToInvestors`	$56.49M	USD	Point-in-time
Borrowings	`DebtLongtermAndShorttermCombinedAmount`	$41.89M	USD	Point-in-time
Borrowings	`DebtLongtermAndShorttermCombinedAmount`	$62.63M	USD	Point-in-time
Accrued expenses and other liabilities (includes $9,530 and $12,628 at fair value as of December 31, 2020 and March 31, 2021, respectively)	`AccruedLiabilitiesAndOtherLiabilities`	$35.67M	USD	Point-in-time
Accrued expenses and other liabilities (includes $9,530 and $12,628 at fair value as of December 31, 2020 and March 31, 2021, respectively)	`AccruedLiabilitiesAndOtherLiabilities`	$42.87M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$18.62M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$19.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$168.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.00M	USD	Point-in-time
Common stock, $0.0001 par value; 700,000,000 shares authorized; 73,314,026 and 73,908,252, shares issued and outstanding as of December 31, 2020 and March 31, 2021, respectively	`CommonStockValue`	$7.00K	USD	Point-in-time
Common stock, $0.0001 par value; 700,000,000 shares authorized; 73,314,026 and 73,908,252, shares issued and outstanding as of December 31, 2020 and March 31, 2021, respectively	`CommonStockValue`	$7.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$379.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$369.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-59.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-69.22M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$300.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$320.59M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$488.59M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$477.25M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Related party interest expense	`InterestExpenseRelatedParty`	$608.00K	USD	1 Quarter
Fair value adjustments from related parties	`FairValueAdjustmentsRelatedParty`	$4.33M	USD	1 Quarter
Revenue from fees, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$116.17M	USD	1 Quarter
Revenue from fees, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$68.01M	USD	1 Quarter
Interest income and fair value adjustments, net (includes $608 from related parties expense and $4,335 of related parties fair value adjustments for the three months ended March 31, 2020)	`RevenueNotFromContractWithCustomer`	$5.17M	USD	1 Quarter
Interest income and fair value adjustments, net (includes $608 from related parties expense and $4,335 of related parties fair value adjustments for the three months ended March 31, 2020)	`RevenueNotFromContractWithCustomer`	$-4.02M	USD	1 Quarter
Total revenue	`Revenues`	$63.99M	USD	1 Quarter
Total revenue	`Revenues`	$121.34M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.95M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$49.38M	USD	1 Quarter
Customer operations	`CustomerOperationsExpense`	$8.81M	USD	1 Quarter
Customer operations	`CustomerOperationsExpense`	$17.39M	USD	1 Quarter
Engineering and product development	`ResearchAndDevelopmentExpense`	$7.02M	USD	1 Quarter
Engineering and product development	`ResearchAndDevelopmentExpense`	$18.99M	USD	1 Quarter
General, administrative, and other	`GeneralAndAdministrativeExpense`	$11.66M	USD	1 Quarter
General, administrative, and other	`GeneralAndAdministrativeExpense`	$20.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.44M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$105.77M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$553.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$150.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-5.23M	USD	1 Quarter
Income (expense) on warrants and other non-operating expenses, net	`IncomeExpenseOnWarrantsAndOtherNonOperatingExpensesNet`	$-18.00K	USD	1 Quarter
Income (expense) on warrants and other non-operating expenses, net	`IncomeExpenseOnWarrantsAndOtherNonOperatingExpensesNet`	$289.00K	USD	1 Quarter
Net income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$992.00K	USD	1 Quarter
Net income before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$10.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$221.00K	USD	1 Quarter
Net income before attribution to noncontrolling interests	`ProfitLoss`	$992.00K	USD	1 Quarter
Net income before attribution to noncontrolling interests	`ProfitLoss`	$10.10M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-488.00K	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to Upstart Holdings, Inc. common stockholders	`NetIncomeLoss`	$10.10M	USD	1 Quarter
Net income attributable to Upstart Holdings, Inc. common stockholders	`NetIncomeLoss`	$1.48M	USD	1 Quarter
Net income per share attributable to Upstart Holdings, Inc. common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Net income per share attributable to Upstart Holdings, Inc. common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net income per share attributable to Upstart Holdings, Inc. common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Net income per share attributable to Upstart Holdings, Inc. common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Weighted-average number of shares outstanding used in computing net income per share attributable to Upstart Holdings, Inc. common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.63M	shares	1 Quarter
Weighted-average number of shares outstanding used in computing net income per share attributable to Upstart Holdings, Inc. common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.63M	shares	1 Quarter
Weighted-average number of shares outstanding used in computing net income per share attributable to Upstart Holdings, Inc. common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.45M	shares	1 Quarter
Weighted-average number of shares outstanding used in computing net income per share attributable to Upstart Holdings, Inc. common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.63M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$992.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.10M	USD	1 Quarter
Change in fair value of financial instruments (includes $(4,335) to related parties for the three months ended March 31, 2020)	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-901.00K	USD	1 Quarter
Change in fair value of financial instruments (includes $(4,335) to related parties for the three months ended March 31, 2020)	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-11.99M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.97M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$8.62M	USD	1 Quarter
Change in fair value of financial instruments	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-901.00K	USD	1 Quarter
Change in fair value of financial instruments	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-11.99M	USD	1 Quarter
Gain (loss) on loan servicing arrangements and sale of noncontrolling interests, net	`GainLossOnLoanServicingArrangementsAndSaleOfNoncontrollingInterestsNet`	$1.46M	USD	1 Quarter
Gain (loss) on loan servicing arrangements and sale of noncontrolling interests, net	`GainLossOnLoanServicingArrangementsAndSaleOfNoncontrollingInterestsNet`	$-67.00K	USD	1 Quarter
Payments made on securitization notes and certificates	`PaymentsMadeOnSecuritizationNotesAndCertificates`	$16.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$515.00K	USD	1 Quarter
Payments made on securitization notes and certificates	`PaymentsMadeOnSecuritizationNotesAndCertificates`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$816.00K	USD	1 Quarter
Noncash interest expense	`PaidInKindInterest`	$18.00K	USD	1 Quarter
Noncash interest expense	`PaidInKindInterest`	$18.00K	USD	1 Quarter
Purchase of loans for immediate resale to investors	`PurchaseOfLoansForImmediateResale`	$1.29B	USD	1 Quarter
Purchase of loans for immediate resale to investors	`PurchaseOfLoansForImmediateResale`	$848.54M	USD	1 Quarter
Proceeds from immediate resale of loans to investors	`ProceedsFromImmediateResaleOfLoans`	$848.54M	USD	1 Quarter
Proceeds from immediate resale of loans to investors	`ProceedsFromImmediateResaleOfLoans`	$1.29B	USD	1 Quarter
Purchase of loans held-for-sale	`PaymentsToPurchaseLoansHeldForSale`	$97.92M	USD	1 Quarter
Purchase of loans held-for-sale	`PaymentsToPurchaseLoansHeldForSale`	$18.24M	USD	1 Quarter
Principal payments received for loans held-for-sale	`ProceedsFromCollectionOfLoansHeldForSale`	$2.33M	USD	1 Quarter
Principal payments received for loans held-for-sale	`ProceedsFromCollectionOfLoansHeldForSale`	$2.64M	USD	1 Quarter
Net proceeds from sale of loans held-for-sale	`ProceedsFromSaleOfLoansHeldForSale`	$38.14M	USD	1 Quarter
Net proceeds from sale of loans held-for-sale	`ProceedsFromSaleOfLoansHeldForSale`	$6.81M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.99M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$202.00K	USD	1 Quarter
Operating lease liability and right-of-use asset	`IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset`	$37.00K	USD	1 Quarter
Operating lease liability and right-of-use asset	`IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset`	$234.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-5.81M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.00M	USD	1 Quarter
Payable to investors	`IncreaseDecreaseInPayableToInvestors`	$570.00K	USD	1 Quarter
Payable to investors	`IncreaseDecreaseInPayableToInvestors`	$10.99M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-9.17M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.60M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-86.52M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.09M	USD	1 Quarter
Principal payments received for loans held by consolidated securitizations	`ProceedsFromPrincipalRepaymentsOnLoansHeldByConsolidatedSecuritizations`	$15.27M	USD	1 Quarter
Principal payments received for loans held by consolidated securitizations	`ProceedsFromPrincipalRepaymentsOnLoansHeldByConsolidatedSecuritizations`	-	USD	1 Quarter
Net proceeds from sale of loans held-for-investment	`ProceedsFromSaleOfLoansHeldForInvestment`	$88.14M	USD	1 Quarter
Net proceeds from sale of loans held-for-investment	`ProceedsFromSaleOfLoansHeldForInvestment`	$8.33M	USD	1 Quarter
Principal payments received for loans held-for-investment	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$3.00M	USD	1 Quarter
Principal payments received for loans held-for-investment	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$5.43M	USD	1 Quarter
Principal payments received for notes receivable and repayments of residual certificates	`ProceedsFromCollectionOfNotesReceivable`	$4.03M	USD	1 Quarter
Principal payments received for notes receivable and repayments of residual certificates	`ProceedsFromCollectionOfNotesReceivable`	$3.12M	USD	1 Quarter
Purchase of loans held-for-investment	`PaymentsToAcquireLoansHeldForInvestment`	$12.95M	USD	1 Quarter
Purchase of loans held-for-investment	`PaymentsToAcquireLoansHeldForInvestment`	$2.75M	USD	1 Quarter
Purchase of notes receivable and residual certificates	`PaymentsToAcquireNotesReceivable`	-	USD	1 Quarter
Purchase of notes receivable and residual certificates	`PaymentsToAcquireNotesReceivable`	$4.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$508.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$267.00K	USD	1 Quarter
Capitalized software costs	`PaymentsForSoftware`	$858.00K	USD	1 Quarter
Capitalized software costs	`PaymentsForSoftware`	$334.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$902.00K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$108.74M	USD	1 Quarter
Payments made on securitization notes and certificates (includes $633 paid to related parties for the three months ended March 31, 2020)	`PaymentsMadeOnSecuritizationNotesAndCertificates`	$16.74M	USD	1 Quarter
Payments made on securitization notes and certificates (includes $633 paid to related parties for the three months ended March 31, 2020)	`PaymentsMadeOnSecuritizationNotesAndCertificates`	-	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfDebt`	$78.01M	USD	1 Quarter
Repayments of borrowings	`RepaymentsOfDebt`	$26.58M	USD	1 Quarter
Distributions made to noncontrolling interests	`PaymentsToMinorityShareholders`	$381.00K	USD	1 Quarter
Distributions made to noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$5.83M	USD	1 Quarter
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$64.84M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.49M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$185.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.11M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.26M	USD	1 Quarter
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.73M	USD	1 Quarter
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.89M	USD	1 Quarter
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.18M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.07M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$311.33M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.07M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.18M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.07M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$311.33M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.07M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.26M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.03M	USD	1 Quarter
Capitalized stock-based compensation expense	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$90.00K	USD	1 Quarter
Capitalized stock-based compensation expense	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$122.00K	USD	1 Quarter

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$162.55M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$162.55M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	47.35B	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	47.35B	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	47.35B	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	47.35B	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$162.55M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$162.55M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	-	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-61.69M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-58.84M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$300.25M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$320.59M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	73.91M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	73.31M	shares	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	521.51M	shares	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$185.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.49M	USD	1 Quarter
Exercise of common stock warrant (in shares)	`StockIssuedDuringPeriodSharesWarrantsExercised`	72,407.00	shares	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.06M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$8.74M	USD	1 Quarter
Return of capital to interests in consolidated VIEs	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$381.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$992.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.10M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-61.69M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-58.84M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$300.25M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$320.59M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	73.91M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	73.31M	shares	Point-in-time

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