10-Q Filing

CHEWY, INC. CIK: 1766502 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001766502-20-000022`
Period End Date	20200731
Filing Date	20200910
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	chwy-20200802_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 52 Cash Flow Statement 60 Stockholders Equity 40

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.09M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$80.48M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$93.78M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$317.81M	USD	Point-in-time
Inventories	`InventoryNet`	$453.04M	USD	Point-in-time
Due from Parent, net	`DueFromRelatedPartiesCurrent`	$626.00K	USD	Point-in-time
Due from Parent, net	`DueFromRelatedPartiesCurrent`	$12.35M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.79M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$733.31M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$629.79M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$118.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$169.64M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$237.19M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$179.05M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.75M	USD	Point-in-time
Total assets	`Assets`	$1.14B	USD	Point-in-time
Total assets	`Assets`	$932.32M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$683.05M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$702.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$506.54M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$417.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.10B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$261.84M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$200.44M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.52B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding as of August 2, 2020 and February 2, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding as of August 2, 2020 and February 2, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.44B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.54B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.84B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.93B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-361.73M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-357.94M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-403.97M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-335.94M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-396.54M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-377.61M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$932.32M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.15B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.32B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.70B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.26B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.51B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.27B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$881.31M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.74B	USD	2 Qtrs
Gross profit	`GrossProfit`	$526.12M	USD	2 Qtrs
Gross profit	`GrossProfit`	$433.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$272.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$812.07M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$343.18M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$244.56M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$663.24M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$426.46M	USD	2 Qtrs
Advertising and marketing	`MarketingAndAdvertisingExpense`	$122.45M	USD	1 Quarter
Advertising and marketing	`MarketingAndAdvertisingExpense`	$213.01M	USD	2 Qtrs
Advertising and marketing	`MarketingAndAdvertisingExpense`	$110.75M	USD	1 Quarter
Advertising and marketing	`MarketingAndAdvertisingExpense`	$228.58M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$639.48M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$465.63M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$891.82M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$355.31M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-83.08M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-79.76M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-32.27M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-113.35M	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNonoperatingNet`	$-546.00K	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNonoperatingNet`	$-930.00K	USD	2 Qtrs
Interest (expense) income, net	`InterestIncomeExpenseNonoperatingNet`	$204.00K	USD	1 Quarter
Interest (expense) income, net	`InterestIncomeExpenseNonoperatingNet`	$920.00K	USD	2 Qtrs
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-82.88M	USD	1 Quarter
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-112.43M	USD	2 Qtrs
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-32.82M	USD	1 Quarter
Loss before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-80.69M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-112.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-32.82M	USD	1 Quarter
Net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	2 Qtrs
Net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	2 Qtrs
Weighted average common shares used in computing net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	402.89M	shares	2 Qtrs
Weighted average common shares used in computing net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	395.19M	shares	2 Qtrs
Weighted average common shares used in computing net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	404.38M	shares	1 Quarter
Weighted average common shares used in computing net loss per share attributable to common Class A and Class B stockholders, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	397.39M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-82.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-112.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-32.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.58M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$75.38M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$51.01M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortization`	$11.08M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseRightOfUseAssetAmortization`	$8.96M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-216.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.30M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.26M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$67.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$135.23M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.01M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.44M	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$99.00K	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.00M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$19.55M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$54.03M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$92.65M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$55.54M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.20M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.49M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$16.16M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.46M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.33M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.14M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$24.16M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$69.72M	USD	2 Qtrs
Cash advances provided to Parent, net of reimbursements	`CashReimbursementsProvidedByParentNetOfAdvances`	$1.02M	USD	2 Qtrs
Cash advances provided to Parent, net of reimbursements	`CashReimbursementsProvidedByParentNetOfAdvances`	$-3.92M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.14M	USD	2 Qtrs
Proceeds from tax sharing agreement with Parent	`ProceedsFromTaxSharingAgreement`	$23.21M	USD	2 Qtrs
Proceeds from tax sharing agreement with Parent	`ProceedsFromTaxSharingAgreement`	-	USD	2 Qtrs
Proceeds from initial public offering, net of underwriting discounts, commissions and offering costs	`ProceedsFromIssuanceOfCommonStock`	$115.23M	USD	2 Qtrs
Proceeds from initial public offering, net of underwriting discounts, commissions and offering costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$781.00K	USD	2 Qtrs
Contribution from Parent	`ProceedsFromContributionsFromParent`	$650.00K	USD	2 Qtrs
Contribution from Parent	`ProceedsFromContributionsFromParent`	$650.00K	USD	2 Qtrs
Principal repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$105.00K	USD	2 Qtrs
Principal repayments of finance lease obligations	`FinanceLeasePrincipalPayments`	$323.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.54M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$114.99M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-58.25M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$62.51M	USD	2 Qtrs
Cash and cash equivalents, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.09M	USD	Point-in-time
Cash and cash equivalents, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.33M	USD	Point-in-time
Cash and cash equivalents, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.84M	USD	Point-in-time
Cash and cash equivalents, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$153.84M	USD	Point-in-time
Cash and cash equivalents, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.09M	USD	Point-in-time
Cash and cash equivalents, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.33M	USD	Point-in-time
Cash and cash equivalents, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.84M	USD	Point-in-time
Cash and cash equivalents, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$153.84M	USD	Point-in-time
Offering costs included in accrued expenses and other current liabilities	`OfferingCostsIncurredNotYetPaid`	-	USD	2 Qtrs
Offering costs included in accrued expenses and other current liabilities	`OfferingCostsIncurredNotYetPaid`	$4.64M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-361.73M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-357.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-403.97M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-335.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-396.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-377.61M	USD	Point-in-time
Issuance of common stock upon initial public offering, net of underwriting discounts, commissions and offering costs	`StockIssuedDuringPeriodValueNewIssues`	$110.58M	USD	1 Quarter
Issuance of common stock upon initial public offering, net of underwriting discounts, commissions and offering costs	`StockIssuedDuringPeriodValueNewIssues`	$110.58M	USD	2 Qtrs
Change in capital structure	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Change in capital structure	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.38M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.15M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$51.01M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.78M	USD	1 Quarter
Vesting of share-based compensation awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	2 Qtrs
Vesting of share-based compensation awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Distribution to Parent	`StockIssuedDuringPeriodValueDistributionToParent`	-	USD	2 Qtrs
Distribution to Parent	`StockIssuedDuringPeriodValueDistributionToParent`	-	USD	1 Quarter
Contribution from Parent	`AdjustmentsToAdditionalPaidInCapitalContributionFromParent`	$325.00K	USD	1 Quarter
Contribution from Parent	`AdjustmentsToAdditionalPaidInCapitalContributionFromParent`	$650.00K	USD	2 Qtrs
Contribution from Parent	`AdjustmentsToAdditionalPaidInCapitalContributionFromParent`	$650.00K	USD	2 Qtrs
Contribution from Parent	`AdjustmentsToAdditionalPaidInCapitalContributionFromParent`	$325.00K	USD	1 Quarter
Tax sharing agreement with Parent	`AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseFromTaxSharingAgreement`	$3.90M	USD	1 Quarter
Tax sharing agreement with Parent	`AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseFromTaxSharingAgreement`	$3.90M	USD	2 Qtrs
Tax sharing agreement with Parent	`AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseFromTaxSharingAgreement`	$18.26M	USD	1 Quarter
Tax sharing agreement with Parent	`AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseFromTaxSharingAgreement`	$31.02M	USD	2 Qtrs
Termination of loan from Parent	`AdjustmentsToAdditionalPaidInCapitalTerminationOfIntercompanyLoan`	$79.51M	USD	2 Qtrs
Termination of loan from Parent	`AdjustmentsToAdditionalPaidInCapitalTerminationOfIntercompanyLoan`	$79.51M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.69M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-112.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-32.82M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-335.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-403.97M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-396.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-361.73M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-357.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-377.61M	USD	Point-in-time

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