10-Q Filing

REMITLY GLOBAL, INC. CIK: 1782170 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001782170-23-000145`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rely-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 70 Cash Flow Statement 95 Stockholders Equity 37 Comprehensive Income 14

Balance Sheet 69 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.63M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	181.16M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	173.25M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$429.71M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	173.25M	shares	Point-in-time
Disbursement prefunding	`DisbursementPrefundingReceivablesCurrent`	$281.94M	USD	Point-in-time
Disbursement prefunding	`DisbursementPrefundingReceivablesCurrent`	$158.06M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	181.16M	shares	Point-in-time
Customer funds receivable, net	`SettlementAssetsCurrent`	$191.40M	USD	Point-in-time
Customer funds receivable, net	`SettlementAssetsCurrent`	$138.87M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$679.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$669.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.55M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$11.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.68M	USD	Point-in-time
Goodwill	`Goodwill`	$54.94M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$19.07M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	-	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$6.31M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$6.25M	USD	Point-in-time
Total assets	`Assets`	$784.53M	USD	Point-in-time
Total assets	`Assets`	$695.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.79M	USD	Point-in-time
Customer liabilities	`SettlementLiabilitiesCurrent`	$111.08M	USD	Point-in-time
Customer liabilities	`SettlementLiabilitiesCurrent`	$102.26M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.43M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$98.72M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$87.75M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.52M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$209.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$226.66M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$5.67M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$7.24M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$34.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$895.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$215.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$268.79M	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, 2023 and December 31, 2022 both; 181,161,726 and 173,250,865 shares issued and outstanding, as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$18.00K	USD	Point-in-time
Common stock, $0.0001 par value; 725,000,000 shares authorized as of June 30, 2023 and December 31, 2022 both; 181,161,726 and 173,250,865 shares issued and outstanding, as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$17.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$936.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$854.28M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-150.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-743.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-373.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-420.63M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$467.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$515.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$480.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$495.42M	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$784.53M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$695.95M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$234.03M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$437.90M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$293.27M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$157.25M	USD	1 Quarter
Marketing	`MarketingAndAdvertisingExpense`	$84.47M	USD	2 Qtrs
Marketing	`MarketingAndAdvertisingExpense`	$53.60M	USD	1 Quarter
Marketing	`MarketingAndAdvertisingExpense`	$97.72M	USD	2 Qtrs
Marketing	`MarketingAndAdvertisingExpense`	$43.85M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$36.08M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$59.66M	USD	2 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$54.31M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$103.69M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$80.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$60.85M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.51M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$252.26M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$196.63M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$355.82M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$484.19M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-18.22M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-62.55M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-39.38M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-46.29M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.39M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.37M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$475.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$439.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$645.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$592.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$981.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$332.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.36M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.69M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-3.06M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.55M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.99M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.37M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-46.94M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.58M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$1.19M	USD	2 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$227.00K	USD	2 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-143.00K	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$662.00K	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-23.31M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss attributable to common stockholders	`NetIncomeLoss`	$-28.31M	USD	1 Quarter
Net loss attributable to common stockholders	`NetIncomeLoss`	$-47.16M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.37	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.27	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.37	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.27	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	179.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.45M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	177.11M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.45M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	179.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	177.11M	shares	2 Qtrs

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.03M	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`	$64.43M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-179.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.20M	USD	2 Qtrs
Disbursement prefunding	`IncreaseDecreaseInDisbursementPrefunding`	$39.87M	USD	2 Qtrs
Disbursement prefunding	`IncreaseDecreaseInDisbursementPrefunding`	$117.87M	USD	2 Qtrs
Customer funds receivable	`IncreaseDecreaseInSettlementAssets`	$29.87M	USD	2 Qtrs
Customer funds receivable	`IncreaseDecreaseInSettlementAssets`	$-54.24M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.34M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.69M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-2.43M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.74M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.18M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.32M	USD	2 Qtrs
Customer liabilities	`IncreaseDecreaseInSettlementLiabilities`	$60.28M	USD	2 Qtrs
Customer liabilities	`IncreaseDecreaseInSettlementLiabilities`	$-12.48M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.52M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$50.40M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.81M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.06M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-51.47M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.03M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.57M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.49M	USD	2 Qtrs
Capitalized internal-use software costs	`PaymentsForSoftware`	$1.69M	USD	2 Qtrs
Capitalized internal-use software costs	`PaymentsForSoftware`	$2.34M	USD	2 Qtrs
Cash paid for acquisition, net of acquired cash, cash equivalents, and restricted cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.93M	USD	2 Qtrs
Cash paid for acquisition, net of acquired cash, cash equivalents, and restricted cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.84M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.18M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.47M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.33M	USD	2 Qtrs
Proceeds from revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$334.00M	USD	2 Qtrs
Repayments of revolving credit facility borrowings	`RepaymentsOfLinesOfCredit`	$300.00M	USD	2 Qtrs
Repayments of revolving credit facility borrowings	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.11M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.00K	USD	2 Qtrs
Repayment of assumed indebtedness	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Repayment of assumed indebtedness	`RepaymentsOfAssumedDebt`	$17.07M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.44M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.15M	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`	$663.00K	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-72.49M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.45M	USD	2 Qtrs
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`	$228.24M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.73M	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`	$228.24M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.76M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.73M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$465.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$771.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$804.00K	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`	$6.93M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$5.41M	USD	2 Qtrs
Vesting of early exercised options	`VestingOfEarlyExercisedOptions`	$393.00K	USD	2 Qtrs
Vesting of early exercised options	`VestingOfEarlyExercisedOptions`	$245.00K	USD	2 Qtrs
Noncash issuance of common stock in connection with ESPP	`StockIssued1`	$1.88M	USD	2 Qtrs
Noncash issuance of common stock in connection with ESPP	`StockIssued1`	$2.73M	USD	2 Qtrs
Stock-based compensation expense capitalized to internal-use software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.37M	USD	2 Qtrs
Stock-based compensation expense capitalized to internal-use software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$900.00K	USD	2 Qtrs
Issuance of common stock for acquisition consideration	`StockIssuedAcquisitionConsideration`	-	USD	2 Qtrs
Issuance of common stock for acquisition consideration	`StockIssuedAcquisitionConsideration`	$6.63M	USD	2 Qtrs
Issuance of unvested common stock, subject to service-based vesting conditions, in connection with acquisition	`IssuanceOfUnvestedCommonStockSubjectToServiceBasedVestingConditionsInConnectionWithAcquisition`	-	USD	2 Qtrs
Issuance of unvested common stock, subject to service-based vesting conditions, in connection with acquisition	`IssuanceOfUnvestedCommonStockSubjectToServiceBasedVestingConditionsInConnectionWithAcquisition`	$581.00K	USD	2 Qtrs
Holdback liability to be settled in cash and Company equity	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	-	USD	2 Qtrs
Holdback liability to be settled in cash and Company equity	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$11.90M	USD	2 Qtrs
Settlement of preexisting net receivable in exchange for net assets acquired in business combination	`BusinessCombinationConsiderationTransferredPreExistingReceivableSettlement`	$2.40M	USD	2 Qtrs
Settlement of preexisting net receivable in exchange for net assets acquired in business combination	`BusinessCombinationConsiderationTransferredPreExistingReceivableSettlement`	-	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$429.71M	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$680.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash included in other noncurrent assets, net	`RestrictedCashAndCashEquivalentsNoncurrent`	$54.00K	USD	Point-in-time
Restricted cash included in other noncurrent assets, net	`RestrictedCashAndCashEquivalentsNoncurrent`	$51.00K	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`	$228.24M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$429.76M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.73M	USD	Point-in-time

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$467.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$515.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$480.09M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$495.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$471.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$480.33M	USD	Point-in-time
Issuance of common stock in connection with ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.88M	USD	1 Quarter
Issuance of common stock in connection with ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.73M	USD	1 Quarter
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.59M	USD	1 Quarter
Issuance of common stock upon exercise of stock options, including early exercised options, and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.99M	USD	1 Quarter
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`	$2.68M	USD	1 Quarter
Issuance of common stock for acquisition consideration	`StockIssuedDuringPeriodValueAcquisitions`	$6.63M	USD	1 Quarter
Issuance of common stock, subject to service-based vesting conditions, in connection with acquisition	`StockIssuedDuringPeriodValueIssuedForServices`	$581.00K	USD	1 Quarter
Taxes paid related to net shares settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$698.00K	USD	1 Quarter
Taxes paid related to net shares settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$30.00K	USD	1 Quarter
Taxes paid related to net shares settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.41M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.11M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.77M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.92M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.03M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.27M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$348.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$245.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.16M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$467.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$515.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$480.09M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$495.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$471.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$480.33M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-38.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-61.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.16M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$593.00K	USD	2 Qtrs
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`	$245.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-39.52M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.57M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-18.61M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-62.82M	USD	2 Qtrs

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