10-Q Filing

LEMONADE, INC. CIK: 1691421 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001691421-21-000081`
Period End Date	20210630
Filing Date	20210811
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	lmnd-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 86 Cash Flow Statement 76 Stockholders Equity 62

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Amortized cost, available-for-sale securities	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$71.30M	USD	Point-in-time
Amortized cost, available-for-sale securities	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.40M	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$500.00K	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$700.00K	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Fixed maturities available-for-sale, at fair value (amortized cost: $71.3 million and $6.4 million as of June 30, 2021 and December 31, 2020)	`AvailableForSaleSecuritiesDebtSecurities`	$6.60M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Fixed maturities available-for-sale, at fair value (amortized cost: $71.3 million and $6.4 million as of June 30, 2021 and December 31, 2020)	`AvailableForSaleSecuritiesDebtSecurities`	$71.20M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total investments	`Investments`	$71.20M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total investments	`Investments`	$6.60M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	61.53M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$571.40M	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
Common stock, issued (shares)	`CommonStockSharesIssued`	56.77M	shares	Point-in-time
Premium receivable, net of allowance for doubtful accounts of $0.7 million and $0.5 million as of June 30, 2021 and December 31, 2020	`PremiumsReceivableAtCarryingValue`	$108.10M	USD	Point-in-time
Premium receivable, net of allowance for doubtful accounts of $0.7 million and $0.5 million as of June 30, 2021 and December 31, 2020	`PremiumsReceivableAtCarryingValue`	$86.10M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	61.53M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	56.77M	shares	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$49.00M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$64.70M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$91.30M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$120.30M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$3.50M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$4.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.70M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$600.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$600.00K	USD	Point-in-time
Other assets	`OtherAssets`	$14.50M	USD	Point-in-time
Other assets	`OtherAssets`	$16.00M	USD	Point-in-time
Total assets	`Assets`	$828.70M	USD	Point-in-time
Total assets	`Assets`	$1.49B	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$46.30M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$64.70M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$35.30M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$28.20M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$166.00M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$123.80M	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$1.40M	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$1.30M	USD	Point-in-time
Funds held for reinsurance treaties	`FundsHeldUnderReinsuranceAgreementsLiability`	$77.60M	USD	Point-in-time
Funds held for reinsurance treaties	`FundsHeldUnderReinsuranceAgreementsLiability`	$62.10M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$30.10M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$22.40M	USD	Point-in-time
Ceded premium payable	`CededPremiumsPayable`	$13.00M	USD	Point-in-time
Ceded premium payable	`CededPremiumsPayable`	$18.00M	USD	Point-in-time
Other liabilities and accrued expenses	`AccruedLiabilitiesAndOtherLiabilities`	$28.00M	USD	Point-in-time
Other liabilities and accrued expenses	`AccruedLiabilitiesAndOtherLiabilities`	$18.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$385.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$287.70M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized; 61,532,127 and 56,774,294 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized; 61,532,127 and 56,774,294 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.53B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$859.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-425.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-320.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.80M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$900.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$541.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-221.60M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$828.70M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net earned premium	`PremiumsEarnedNet`	$16.30M	USD	1 Quarter
Net earned premium	`PremiumsEarnedNet`	$54.50M	USD	2 Qtrs
Net earned premium	`PremiumsEarnedNet`	$30.10M	USD	2 Qtrs
Net earned premium	`PremiumsEarnedNet`	$29.20M	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	$10.60M	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	$400.00K	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	$19.60M	USD	2 Qtrs
Ceding commission income	`CededCommissionIncome`	$400.00K	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$400.00K	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$1.10M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$200.00K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$200.00K	USD	1 Quarter
Commission and other income	`InsuranceCommissionsAndFees`	$1.10M	USD	1 Quarter
Commission and other income	`InsuranceCommissionsAndFees`	$100.00K	USD	2 Qtrs
Commission and other income	`InsuranceCommissionsAndFees`	$100.00K	USD	1 Quarter
Commission and other income	`InsuranceCommissionsAndFees`	$1.60M	USD	2 Qtrs
Total revenue	`Revenues`	$28.20M	USD	1 Quarter
Total revenue	`Revenues`	$51.70M	USD	2 Qtrs
Total revenue	`Revenues`	$29.90M	USD	1 Quarter
Total revenue	`Revenues`	$56.10M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$38.70M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$20.50M	USD	1 Quarter
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$29.50M	USD	2 Qtrs
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$13.00M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$5.20M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$7.30M	USD	2 Qtrs
Other insurance expense	`OtherInsuranceExpense`	$4.00M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$10.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$16.10M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$33.10M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.30M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$62.20M	USD	2 Qtrs
Technology development	`ResearchAndDevelopmentExpense`	$14.00M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$7.70M	USD	2 Qtrs
Technology development	`ResearchAndDevelopmentExpense`	$21.10M	USD	2 Qtrs
Technology development	`ResearchAndDevelopmentExpense`	$4.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.00M	USD	2 Qtrs
Total expense	`BenefitsLossesAndExpenses`	$152.70M	USD	2 Qtrs
Total expense	`BenefitsLossesAndExpenses`	$50.60M	USD	1 Quarter
Total expense	`BenefitsLossesAndExpenses`	$113.00M	USD	2 Qtrs
Total expense	`BenefitsLossesAndExpenses`	$81.10M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-52.90M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.70M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.90M	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`	$3.60M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$2.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-104.60M	USD	2 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	2 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$200.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-55.50M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-57.30M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.80M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-103.70M	USD	2 Qtrs
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-4.89	USD	2 Qtrs
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-0.90	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-1.77	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-1.72	USD	2 Qtrs
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-0.90	USD	1 Quarter
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-1.72	USD	2 Qtrs
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-4.89	USD	2 Qtrs
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-1.77	USD	1 Quarter
Weighted average common shares outstandingbasic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.89M	shares	1 Quarter
Weighted average common shares outstandingbasic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.64M	shares	2 Qtrs
Weighted average common shares outstandingbasic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.44M	shares	1 Quarter
Weighted average common shares outstandingbasic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.75M	shares	2 Qtrs
Weighted average common shares outstandingdiluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.75M	shares	2 Qtrs
Weighted average common shares outstandingdiluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.44M	shares	1 Quarter
Weighted average common shares outstandingdiluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.89M	shares	1 Quarter
Weighted average common shares outstandingdiluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.64M	shares	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-104.60M	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$1.70M	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$700.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$18.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.60M	USD	2 Qtrs
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$300.00K	USD	2 Qtrs
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$2.30M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$900.00K	USD	2 Qtrs
Common shares contribution to the Lemonade Foundation	`NoncashContributionExpense`	-	USD	2 Qtrs
Common shares contribution to the Lemonade Foundation	`NoncashContributionExpense`	$12.20M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$24.40M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$11.60M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$15.70M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$5.90M	USD	2 Qtrs
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$29.00M	USD	2 Qtrs
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$-1.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$700.00K	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.40M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.50M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.50M	USD	2 Qtrs
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$18.40M	USD	2 Qtrs
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.10M	USD	2 Qtrs
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-18.90M	USD	2 Qtrs
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-42.20M	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$-100.00K	USD	2 Qtrs
Trade payables	`IncreaseDecreaseInAccountsPayable`	$100.00K	USD	2 Qtrs
Funds held for reinsurance treaties	`IncreaseDecreaseInReinsurancePayables`	-	USD	2 Qtrs
Funds held for reinsurance treaties	`IncreaseDecreaseInReinsurancePayables`	$15.50M	USD	2 Qtrs
Deferred ceding commissions	`IncreaseDecreaseInDeferredCedingCommissions`	$7.70M	USD	2 Qtrs
Deferred ceding commissions	`IncreaseDecreaseInDeferredCedingCommissions`	-	USD	2 Qtrs
Ceded premium payable	`IncreaseDecreaseInCededPremiumsPayable`	$1.60M	USD	2 Qtrs
Ceded premium payable	`IncreaseDecreaseInCededPremiumsPayable`	$5.00M	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.90M	USD	2 Qtrs
Other liabilities and accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$9.40M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-56.50M	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`	-	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`	-	USD	2 Qtrs
Cost of short-term investments acquired	`PaymentsToAcquireMarketableSecurities`	$14.90M	USD	2 Qtrs
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.90M	USD	2 Qtrs
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$64.60M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.70M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.90M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$22.50M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.30M	USD	2 Qtrs
Proceeds from Follow-on Offering, net of underwriting discounts and commissions and offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$640.30M	USD	2 Qtrs
Proceeds from Follow-on Offering, net of underwriting discounts and commissions and offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	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
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$7.80M	USD	2 Qtrs
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$100.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$648.10M	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`	$-1.00M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-100.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.50M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$521.30M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.09B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$571.40M	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`	$1.09B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$571.40M	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`	$1.10M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$800.00K	USD	2 Qtrs

Stockholders Equity 62 line items

Line Item	Tag	Value	Unit	Period
Issuance costs and underwriting fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$22.80M	USD	1 Quarter
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Beginning balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	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	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	31.56M	shares	Point-in-time
Ending balance (shares)	`TemporaryEquitySharesOutstanding`	0.00	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	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$480.20M	USD	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	61.53M	shares	Point-in-time
Beginning balance (shares)	`CommonStockSharesOutstanding`	56.77M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$541.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-221.60M	USD	Point-in-time
Issuance of common stock upon closing of Follow-on Offering, net of underwriting discounts and commissions and offering costs of $22.8 million	`StockIssuedDuringPeriodValueNewIssues`	$640.30M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.70M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.10M	USD	1 Quarter
Exercise of stock options (shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	739,186.00	shares	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.90M	USD	1 Quarter
Contribution to the Lemonade Foundation	`StockIssuedDuringPeriodValueIssuedForCharitableContribution`	$12.20M	USD	1 Quarter
Release of shares upon repayment (shares)	`StockIssuedDuringPeriodSharesReleaseOfSharesUponRepayment`	513,537.00	shares	1 Quarter
Release of shares upon repayment	`StockIssuedDuringPeriodValueReleaseOfSharesUponRepayment`	$1.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-57.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-104.60M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-800.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Ending balance (shares)	`CommonStockSharesOutstanding`	61.53M	shares	Point-in-time
Ending balance (shares)	`CommonStockSharesOutstanding`	56.77M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-204.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$541.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-182.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-221.60M	USD	Point-in-time

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