10-Q Filing

REMITLY GLOBAL, INC. CIK: 1782170 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001782170-22-000123`
Period End Date	20220630
Filing Date	20220810
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	rely-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 68 Cash Flow Statement 81 Stockholders Equity 61 Comprehensive Income 12

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
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`	725.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	725.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	164.24M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.36M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	167.79M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$429.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$403.26M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$159.50M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefunding`	$119.63M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	164.24M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	167.79M	shares	Point-in-time
Customer funds receivable, net	`SettlementAssetsCurrent`	$67.22M	USD	Point-in-time
Customer funds receivable, net	`SettlementAssetsCurrent`	$95.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.68M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$607.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$704.10M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$51.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$51.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$9.25M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$10.24M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.15M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.30M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$3.58M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$3.51M	USD	Point-in-time
Total assets	`Assets`	$625.66M	USD	Point-in-time
Total assets	`Assets`	$728.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.21M	USD	Point-in-time
Customer liabilities	`SettlementLiabilitiesCurrent`	$70.48M	USD	Point-in-time
Customer liabilities	`SettlementLiabilitiesCurrent`	$129.69M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$66.68M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$114.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.73M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$251.88M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$7.93M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$2.91M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$813.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$145.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$260.88M	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, $0.0001 par value; 725,000,000 shares authorized as of June 30, 2022 and December 31, 2021 both; 167,789,651 and 164,239,555 shares issued and outstanding, as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.0001 par value; 725,000,000 shares authorized as of June 30, 2022 and December 31, 2021 both; 167,789,651 and 164,239,555 shares issued and outstanding, as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$17.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$739.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$789.22M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$253.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-259.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-321.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-211.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$471.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$480.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-212.13M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$467.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-216.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$625.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$728.11M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$157.25M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$202.11M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$111.05M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$293.27M	USD	2 Qtrs
Marketing	`MarketingAndAdvertisingExpense`	$84.47M	USD	2 Qtrs
Marketing	`MarketingAndAdvertisingExpense`	$26.16M	USD	1 Quarter
Marketing	`MarketingAndAdvertisingExpense`	$43.85M	USD	1 Quarter
Marketing	`MarketingAndAdvertisingExpense`	$52.27M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$15.20M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$26.84M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$59.66M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$36.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.51M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.89M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$60.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.51M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$112.99M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$355.82M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$196.63M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$212.62M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-10.52M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-39.38M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-62.55M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.94M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$475.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$10.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$439.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$536.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$332.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$277.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$645.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.65M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.22M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.69M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.36M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.39M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-994.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.37M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.58M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$824.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.19M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$662.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$454.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-1.45M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-9.22M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.37	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.40	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.37	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.22M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.45M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.45M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.22M	shares	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.33M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.57M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.51M	USD	1 Quarter
Stock-based compensation expense, net	`ShareBasedCompensation`	$42.13M	USD	2 Qtrs
Stock-based compensation expense, net	`ShareBasedCompensation`	$4.22M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-179.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$38.00K	USD	2 Qtrs
Disbursement prefunding	`IncreaseDecreaseInDisbursementPrefunding`	$-50.31M	USD	2 Qtrs
Disbursement prefunding	`IncreaseDecreaseInDisbursementPrefunding`	$39.87M	USD	2 Qtrs
Customer funds receivable	`IncreaseDecreaseInSettlementAssets`	$8.86M	USD	2 Qtrs
Customer funds receivable	`IncreaseDecreaseInSettlementAssets`	$29.87M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.69M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.53M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.34M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.74M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.84M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.32M	USD	2 Qtrs
Customer liabilities	`IncreaseDecreaseInSettlementLiabilities`	$60.28M	USD	2 Qtrs
Customer liabilities	`IncreaseDecreaseInSettlementLiabilities`	$17.38M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$50.40M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.94M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.68M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$60.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.03M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.49M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$671.00K	USD	2 Qtrs
Capitalized internal-use software costs	`PaymentsForSoftware`	$1.58M	USD	2 Qtrs
Capitalized internal-use software costs	`PaymentsForSoftware`	$1.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.18M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.25M	USD	2 Qtrs
Proceeds from issuance of Series F convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	-	USD	2 Qtrs
Proceeds from issuance of Series F convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$2.98M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.47M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.37M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Repayments of revolving credit facility borrowings, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-80.00M	USD	2 Qtrs
Repayments of revolving credit facility borrowings, net	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.44M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.65M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-840.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.44M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.45M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.07M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.63M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$403.31M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.07M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.63M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$403.31M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.76M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$465.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$497.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$93.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$829.00K	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$251.00K	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.93M	USD	2 Qtrs
Vesting of early exercised options	`VestingOfEarlyExercisedOptions`	$101.00K	USD	2 Qtrs
Vesting of early exercised options	`VestingOfEarlyExercisedOptions`	$393.00K	USD	2 Qtrs
Noncash issuance shares through Employee Stock Purchase Plan	`StockIssued1`	$1.88M	USD	2 Qtrs
Noncash issuance shares through Employee Stock Purchase Plan	`StockIssued1`	-	USD	2 Qtrs
Stock compensation capitalized to internal-use software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	2 Qtrs
Stock compensation capitalized to internal-use software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$900.00K	USD	2 Qtrs
IPO costs incurred but not yet paid	`FinancingAndStockIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
IPO costs incurred but not yet paid	`FinancingAndStockIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.23M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$429.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$403.26M	USD	Point-in-time
Restricted Cash and Cash Equivalents	`RestrictedCashAndCashEquivalents`	$271.00K	USD	Point-in-time
Restricted Cash and Cash Equivalents	`RestrictedCashAndCashEquivalents`	$51.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.07M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.63M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$403.31M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.76M	USD	Point-in-time

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Issuance costs incurred for the issuance of Series F redeemable convertible preferred stock	`TemporaryEquityIssuanceCosts`	$20.00K	USD	1 Quarter
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	127.41M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	127.41M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	127.08M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$390.71M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$390.69M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$387.71M	USD	Point-in-time
Issuance costs incurred for the issuance of Series F redeemable convertible preferred stock	`TemporaryEquityIssuanceCosts`	$20.00K	USD	1 Quarter
Issuance of Series F redeemable convertible preferred stock, net of issuance costs (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	328,026.00	shares	2 Qtrs
Issuance of Series F redeemable convertible preferred stock, net of issuance costs	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.98M	USD	2 Qtrs
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	127.41M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	127.41M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	127.08M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$390.71M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$390.69M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$387.71M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-211.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$471.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$480.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-212.13M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$467.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-216.50M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$169.00K	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$169.00K	USD	1 Quarter
Issuance of common stock in connection with ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.88M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.03M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.15M	USD	1 Quarter
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.83M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.93M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.03M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.22M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.11M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$16.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.27M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.27M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.22M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$-211.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$471.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$480.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-212.13M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$467.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-216.50M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.22M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$16.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.27M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-16.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.43M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.23M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-62.82M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-39.52M	USD	1 Quarter

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