10-Q Filing

ROBINHOOD MARKETS, INC. CIK: 1783879 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001783879-22-000165`
Period End Date	20220630
Filing Date	20220803
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	hood-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 76 Cash Flow Statement 98 Stockholders Equity 31 Comprehensive Income 16

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.25B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.96B	USD	Point-in-time
Cash, cash equivalents, and securities segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$3.99B	USD	Point-in-time
Cash, cash equivalents, and securities segregated under federal and other regulations	`CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation`	$3.42B	USD	Point-in-time
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$89.00M	USD	Point-in-time
Receivables from brokers, dealers, and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$88.00M	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$6.64B	USD	Point-in-time
Receivables from users, net	`ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent`	$4.15B	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$328.00M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$289.00M	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`PlatformUserCryptoAssetsHeldInCustodyCurrent`	-	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`PlatformUserCryptoAssetsHeldInCustodyCurrent`	$8.59B	USD	Point-in-time
User-held fractional shares	`UserHeldFractionalSharesAmount`	$1.30B	USD	Point-in-time
User-held fractional shares	`UserHeldFractionalSharesAmount`	$1.83B	USD	Point-in-time
Investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$27.00M	USD	Point-in-time
Investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$46.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$92.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$88.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$115.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$30.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.05B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.28B	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$170.00M	USD	Point-in-time
Property, software, and equipment, net	`PropertyPlantAndEquipmentNet`	$146.00M	USD	Point-in-time
Goodwill	`Goodwill`	$101.00M	USD	Point-in-time
Goodwill	`Goodwill`	$100.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$30.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$34.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$24.00M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$22.00M	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$129.00M	USD	Point-in-time
Operating lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$128.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$37.00M	USD	Point-in-time
Non-current prepaid expenses	`PrepaidExpenseNoncurrent`	$44.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$8.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$16.00M	USD	Point-in-time
Total assets	`Assets`	$24.55B	USD	Point-in-time
Total assets	`Assets`	$19.77B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$252.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$243.00M	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$6.48B	USD	Point-in-time
Payables to users	`ContractWithCustomerLiabilityCurrent`	$5.79B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$3.65B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$1.37B	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	-	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	-	USD	Point-in-time
User cryptocurrencies safeguarding obligation	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	$8.59B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$1.30B	USD	Point-in-time
Fractional shares repurchase obligation	`FractionalSharesRepurchaseObligationAmount`	$1.83B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$22.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$22.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$82.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$112.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.35B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.40B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$129.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$132.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$17.53B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$11.17B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.88B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.56B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-1.99B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$7.13B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$24.55B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$19.77B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net interest revenues	`InterestIncomeExpenseNet`	$130.00M	USD	2 Qtrs
Net interest revenues	`InterestIncomeExpenseNet`	$74.00M	USD	1 Quarter
Net interest revenues	`InterestIncomeExpenseNet`	$68.00M	USD	1 Quarter
Net interest revenues	`InterestIncomeExpenseNet`	$129.00M	USD	2 Qtrs
Total net revenues	`Revenues`	$565.00M	USD	1 Quarter
Total net revenues	`Revenues`	$1.09B	USD	2 Qtrs
Total net revenues	`Revenues`	$617.00M	USD	2 Qtrs
Total net revenues	`Revenues`	$318.00M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$38.00M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$79.00M	USD	2 Qtrs
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$30.00M	USD	1 Quarter
Brokerage and transaction	`FloorBrokerageExchangeAndClearanceFees`	$61.00M	USD	2 Qtrs
Technology and development	`TechnologyAndDevelopmentExpense`	$156.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$510.00M	USD	2 Qtrs
Technology and development	`TechnologyAndDevelopmentExpense`	$244.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$273.00M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$86.00M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$177.00M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$101.00M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$168.00M	USD	2 Qtrs
Marketing	`MarketingExpense`	$94.00M	USD	1 Quarter
Marketing	`MarketingExpense`	$196.00M	USD	2 Qtrs
Marketing	`MarketingExpense`	$24.00M	USD	1 Quarter
Marketing	`MarketingExpense`	$58.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$249.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$112.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$494.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$226.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$501.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$610.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$965.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.30B	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$528.00M	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.02B	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-294.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-464.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.90B	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-685.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-295.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-502.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-687.00M	USD	2 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-502.00M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-295.00M	USD	1 Quarter
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-687.00M	USD	2 Qtrs
Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.95B	USD	2 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-502.00M	USD	1 Quarter
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-687.00M	USD	2 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-1.95B	USD	2 Qtrs
Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-295.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.34	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.79	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-8.41	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.79	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-8.41	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.34	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	232.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	231.46M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	871.34M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	874.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	874.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.46M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	232.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	871.34M	shares	2 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-295.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-502.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-687.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.00M	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$19.00M	USD	2 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$37.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$384.00M	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$528.00M	USD	1 Quarter
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	$2.02B	USD	2 Qtrs
Change in fair value of convertible notes and warrant liability	`FairValueAdjustmentOfConvertibleDebtAndWarrants`	-	USD	1 Quarter
Segregated securities under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	$20.00M	USD	2 Qtrs
Segregated securities under federal and other regulations	`IncreaseDecreaseInSegregatedSecuritiesUnderFederalAndOtherRegulations`	$215.00M	USD	2 Qtrs
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$1.00M	USD	2 Qtrs
Receivables from brokers, dealers, and clearing organizations	`IncreaseDecreaseInBrokerageReceivables`	$85.00M	USD	2 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$2.10B	USD	2 Qtrs
Receivables from users, net	`IncreaseDecreaseInAccountsReceivable`	$-2.47B	USD	2 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$47.00M	USD	2 Qtrs
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$-39.00M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$26.00M	USD	2 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.00M	USD	2 Qtrs
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-11.00M	USD	2 Qtrs
Current and non-current prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$35.00M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$76.00M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-761.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$182.00M	USD	2 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$1.87B	USD	2 Qtrs
Payables to users	`IncreaseDecreaseInPayablesToCustomers`	$-680.00M	USD	2 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$722.00M	USD	2 Qtrs
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$-2.28B	USD	2 Qtrs
Current and non-current operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$33.00M	USD	2 Qtrs
Current and non-current operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$3.00M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-787.00M	USD	2 Qtrs
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-30.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$399.00M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-826.00M	USD	2 Qtrs
Purchase of property, software, and equipment	`PaymentsToAcquireProductiveAssets`	$19.00M	USD	2 Qtrs
Purchase of property, software, and equipment	`PaymentsToAcquireProductiveAssets`	$22.00M	USD	2 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$6.00M	USD	2 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$14.00M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$27.00M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	-	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$5.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-60.00M	USD	2 Qtrs
Proceeds from issuance of common stock under the Employee Stock Purchase Plan	`ProceedsFromStockPlans`	-	USD	2 Qtrs
Proceeds from issuance of common stock under the Employee Stock Purchase Plan	`ProceedsFromStockPlans`	$13.00M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	$3.55B	USD	2 Qtrs
Proceeds from issuance of convertible notes and warrants	`ProceedsFromIssuanceOfConvertibleDebtAndWarrants`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.00M	USD	2 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$1.35B	USD	2 Qtrs
Draws on credit facilities	`ProceedsFromLinesOfCredit`	$11.00M	USD	2 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$11.00M	USD	2 Qtrs
Repayments on credit facilities	`RepaymentsOfLinesOfCredit`	$1.35B	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$5.00M	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$7.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.56B	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-885.00M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, segregated cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.93B	USD	2 Qtrs
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$6.25B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.08B	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.96B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$5.03B	USD	Point-in-time
Segregated cash, end of the period	`CashSegregatedUnderOtherRegulations`	$3.40B	USD	Point-in-time
Restricted cash (current and non-current), end of the period	`RestrictedCash`	$23.00M	USD	Point-in-time
Restricted cash (current and non-current), end of the period	`RestrictedCash`	$17.00M	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.27B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.38B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.12B	USD	Point-in-time
Cash, cash equivalents, segregated cash and restricted cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.19B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$6.00M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.00M	USD	2 Qtrs
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$3.00M	USD	2 Qtrs
Cash paid for income taxes, net of refund received	`IncomeTaxesPaidNet`	$3.00M	USD	2 Qtrs
Asset related to user cryptocurrencies safeguarding obligation	`AssetRelatedToUserCryptocurrenciesSafeguardingObligation`	-	USD	Point-in-time
Asset related to user cryptocurrencies safeguarding obligation	`AssetRelatedToUserCryptocurrenciesSafeguardingObligation`	$8.59B	USD	Point-in-time
Total user cryptocurrencies safeguarding obligation and corresponding asset	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	-	USD	Point-in-time
Total user cryptocurrencies safeguarding obligation and corresponding asset	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	-	USD	Point-in-time
Total user cryptocurrencies safeguarding obligation and corresponding asset	`PlatformUserCryptoAssetsSafeguardingLiabilityCurrent`	$8.59B	USD	Point-in-time

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$7.02B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-1.99B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.13B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-295.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-502.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-687.00M	USD	2 Qtrs
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	1 Quarter
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	2 Qtrs
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	2 Qtrs
Shares issued in connection with stock option exercise, net of repurchases	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	1 Quarter
Stock Issued During Period, Value, Employee Stock Purchase Plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$13.00M	USD	1 Quarter
Shares withheld related to net share settlement	`SharesWithheldRelatedToNetShareSettlementAmount`	$4.00M	USD	1 Quarter
Shares withheld related to net share settlement	`SharesWithheldRelatedToNetShareSettlementAmount`	$7.00M	USD	2 Qtrs
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	2 Qtrs
Change in other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$171.00M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$401.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$7.02B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-1.99B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-55.00M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-1.49B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.29B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.13B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.95B	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-295.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-502.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-687.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-688.00M	USD	2 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-295.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-502.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.95B	USD	2 Qtrs

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