10-Q Filing

KLAVIYO, INC. CIK: 1835830 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001835830-23-000008`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	kvyo-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 76 Cash Flow Statement 86 Stockholders Equity 89

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$723.41M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$385.82M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$409.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$386.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$17.38M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$10.72M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$14.16M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$11.21M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.01M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$427.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$781.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$42.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$45.84M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$39.51M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$45.70M	USD	Point-in-time
Deferred contract acquisition costs, non-current	`CapitalizedContractCostNetNoncurrent`	$20.69M	USD	Point-in-time
Deferred contract acquisition costs, non-current	`CapitalizedContractCostNetNoncurrent`	$15.98M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$648.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$687.00K	USD	Point-in-time
Prepaid marketing expense	`PrepaidExpenseNoncurrent`	$84.42M	USD	Point-in-time
Prepaid marketing expense	`PrepaidExpenseNoncurrent`	$178.97M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$7.53M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$8.96M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$629.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.13M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$62.60M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.86M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.11M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$32.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$84.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$119.66M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$47.54M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$40.02M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$6.41M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$876.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$166.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$133.41M	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$1.53B	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$1.63B	USD	Point-in-time
Redeemable common stock, $0.001 par value, 0 and 64,046,223 shares outstanding at September 30, 2023, and December 31, 2022, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$2.57B	USD	Point-in-time
Preferred stock: $0.001 par value; 100,000,000 and 0 shares authorized; 0 and 0 shares issued and outstanding at September 30, 2023, and December 31, 2022, respectively.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.001 par value; 100,000,000 and 0 shares authorized; 0 and 0 shares issued and outstanding at September 30, 2023, and December 31, 2022, respectively.	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.25B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.29B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-772.75M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-1.04B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-1.05B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-2.24B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$905.34M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-1.22B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-1.08B	USD	Point-in-time
Total liabilities, redeemable common stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$629.08M	USD	Point-in-time
Total liabilities, redeemable common stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Redeemable common stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$175.81M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$327.51M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$119.17M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$496.48M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$58.83M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$90.69M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$132.88M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$32.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$86.55M	USD	1 Quarter
Gross profit	`GrossProfit`	$236.82M	USD	3 Qtrs
Gross profit	`GrossProfit`	$116.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$363.61M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$61.48M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$153.40M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$167.88M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$291.85M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$30.09M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$141.46M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$209.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$75.36M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$109.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$156.51M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$59.01M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$287.78M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$419.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$657.90M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$112.21M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-25.66M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-294.29M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-50.96M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-302.20M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-265.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$529.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-344.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$703.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.54M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.96M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.18M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$14.48M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$5.92M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$2.07M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$2.67M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$14.14M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.29M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-280.15M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.60M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-296.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$276.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$145.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.79M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$819.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-48.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-297.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-281.94M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.87M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-281.94M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-297.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-48.44M	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.21	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.24	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.19	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.21	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.19	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.24	USD	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	240.13M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	231.97M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	228.27M	shares	3 Qtrs
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	237.41M	shares	3 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.97M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	240.13M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	237.41M	shares	3 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	228.27M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-48.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-297.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-281.94M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$9.82M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$6.22M	USD	3 Qtrs
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$9.65M	USD	3 Qtrs
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$8.22M	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$11.38M	USD	3 Qtrs
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$7.47M	USD	3 Qtrs
Amortization of prepaid marketing expense	`PrepaidMarketingExpenseAmortization`	$39.67M	USD	3 Qtrs
Amortization of prepaid marketing expense	`PrepaidMarketingExpenseAmortization`	$8.82M	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$368.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$533.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.25M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$302.32M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-108.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-28.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.91M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.03M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInCapitalizedContractCost`	$19.03M	USD	3 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInCapitalizedContractCost`	$14.24M	USD	3 Qtrs
Prepaid expenses, prepaid taxes, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.45M	USD	3 Qtrs
Prepaid expenses, prepaid taxes, and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.48M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.69M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$389.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$10.16M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$18.67M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$6.33M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$7.76M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-11.48M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-5.77M	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$30.00K	USD	3 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.55M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-44.47M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.73M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$823.00K	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.39M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$1.53M	USD	3 Qtrs
Capitalization of software development costs	`PaymentsToDevelopSoftware`	$4.61M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.43M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.92M	USD	3 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.36M	USD	3 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.03M	USD	3 Qtrs
Cash paid for finance leases	`FinanceLeasePrincipalPayments`	$16.00K	USD	3 Qtrs
Cash paid for finance leases	`FinanceLeasePrincipalPayments`	$16.00K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$40.00K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$57.00K	USD	3 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$99.56M	USD	3 Qtrs
Proceeds from issuance of common stock in initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from issuance of common stock in initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$321.03M	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$62.86M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$100.94M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$262.24M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$40.56M	USD	3 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$337.53M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$724.45M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.47M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.91M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$386.92M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$724.45M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$368.47M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.91M	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$386.92M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$192.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$50.00K	USD	3 Qtrs
Cash paid for operating lease liabilities, net of tenant incentives received	`OperatingLeasePayments`	$11.48M	USD	3 Qtrs
Cash paid for operating lease liabilities, net of tenant incentives received	`OperatingLeasePayments`	$5.77M	USD	3 Qtrs
Recognition of prepaid marketing asset	`RecognitionOfPrepaidMarketingAsset`	$134.22M	USD	3 Qtrs
Recognition of prepaid marketing asset	`RecognitionOfPrepaidMarketingAsset`	$92.57M	USD	3 Qtrs
Vesting of restricted common stock	`StockIssued1`	$75.00K	USD	3 Qtrs
Vesting of restricted common stock	`StockIssued1`	$75.00K	USD	3 Qtrs
Accretion of common stock subject to redemption	`AccretionOfCommonStockSubjectToRedemption`	$-1.03B	USD	3 Qtrs
Accretion of common stock subject to redemption	`AccretionOfCommonStockSubjectToRedemption`	$399.69M	USD	3 Qtrs
Unpaid deferred offering costs	`DeferredOfferingCostsIncurredButNotYetPaid`	-	USD	3 Qtrs
Unpaid deferred offering costs	`DeferredOfferingCostsIncurredButNotYetPaid`	$1.08M	USD	3 Qtrs
Reclassification of redeemable common stock to Series B common stock	`ConversionOfRedeemableCommonStock`	-	USD	3 Qtrs
Reclassification of redeemable common stock to Series B common stock	`ConversionOfRedeemableCommonStock`	$1.93B	USD	3 Qtrs
Capitalization of stock-based compensation expense related to internal use software	`CapitalizationOfStockBasedCompensationExpense`	-	USD	3 Qtrs
Capitalization of stock-based compensation expense related to internal use software	`CapitalizationOfStockBasedCompensationExpense`	$1.22M	USD	3 Qtrs
Unpaid employee taxes related to net share settlement of stock-based awards	`TaxesForShareBasedCompensationWithheldButNotYetPaid`	-	USD	3 Qtrs
Unpaid employee taxes related to net share settlement of stock-based awards	`TaxesForShareBasedCompensationWithheldButNotYetPaid`	$7.31M	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$9.20M	USD	3 Qtrs
Unpaid purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs

Stockholders Equity 89 line items

Line Item	Tag	Value	Unit	Period
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$7.60M	USD	Point-in-time
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$25.28M	USD	1 Quarter
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$307.00K	USD	1 Quarter
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$307.00K	USD	3 Qtrs
Payments of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$25.28M	USD	3 Qtrs
Payments of investment option issuance costs	`PaymentsOfInvestmentOptionIssuanceCosts`	$135.00K	USD	1 Quarter
Payments of investment option issuance costs	`PaymentsOfInvestmentOptionIssuanceCosts`	$135.00K	USD	3 Qtrs
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.53B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.63B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.57B	USD	Point-in-time
Accretion of redeemable common stock to redemption value	`TemporaryEquityAccretionToRedemptionValue`	$399.69M	USD	3 Qtrs
Accretion of redeemable common stock to redemption value	`TemporaryEquityAccretionToRedemptionValue`	$305.71M	USD	1 Quarter
Reclassification of redeemable common stock to Series B common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	-64.05M	shares	1 Quarter
Reclassification of redeemable common stock to Series B common stock (in shares)	`TemporaryEquitySharesConversionOfConvertibleSecurities`	-64.05M	shares	3 Qtrs
Reclassification of redeemable common stock to Series B common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$1.93B	USD	1 Quarter
Reclassification of redeemable common stock to Series B common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$1.93B	USD	3 Qtrs
Reclassification of redeemable common stock to Series B common stock	`TemporaryEquityValueConversionOfConvertibleSecurities`	$1.03B	USD	3 Qtrs
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	64.05M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.53B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.54B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.63B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.57B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$905.34M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.22B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-1.08B	USD	Point-in-time
Accretion of redeemable common stock to redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemableCommonStock`	$305.71M	USD	1 Quarter
Accretion of redeemable common stock to redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemableCommonStock`	$399.69M	USD	3 Qtrs
Accretion of redeemable common stock to redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemableCommonStock`	$-1.03B	USD	3 Qtrs
Issuance of common stock upon exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.19M	USD	3 Qtrs
Issuance of common stock upon exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.59M	USD	1 Quarter
Issuance of common stock upon exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$47.00K	USD	1 Quarter
Issuance of common stock upon exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.93M	USD	3 Qtrs
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$69.12M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$69.12M	USD	3 Qtrs
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$319.95M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$319.95M	USD	3 Qtrs
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockUnitsNetOfForfeitures`	-	USD	3 Qtrs
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockUnitsNetOfForfeitures`	-	USD	1 Quarter
Issuance of common stock upon exercise of collaboration agreement warrants (in shares)	`StockIssuedDuringPeriodSharesWarrantsExercised`	3.94M	shares	Point-in-time
Issuance of common stock upon exercise of collaboration agreement warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$46.00K	USD	1 Quarter
Issuance of common stock upon exercise of collaboration agreement warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$57.00K	USD	3 Qtrs
Issuance of common stock upon exercise of collaboration agreement warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$40.00K	USD	3 Qtrs
Issuance of common stock upon exercise of collaboration agreement warrants	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$39.00K	USD	1 Quarter
Vested warrants related to collaboration agreement	`StockIssuedDuringPeriodValueWarrantsVested`	$92.57M	USD	3 Qtrs
Vested warrants related to collaboration agreement	`StockIssuedDuringPeriodValueWarrantsVested`	$134.22M	USD	3 Qtrs
Vested warrants related to collaboration agreement	`StockIssuedDuringPeriodValueWarrantsVested`	$106.45M	USD	1 Quarter
Vested warrants related to collaboration agreement	`StockIssuedDuringPeriodValueWarrantsVested`	$92.57M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$303.53M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$301.19M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.25M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$522.00K	USD	1 Quarter
Issuance of Investment Option, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalIssuanceOfInvestmentOption`	$30.44M	USD	1 Quarter
Issuance of Investment Option, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalIssuanceOfInvestmentOption`	$30.44M	USD	3 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$75.00K	USD	3 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$75.00K	USD	3 Qtrs
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$25.00K	USD	1 Quarter
Vesting of restricted common stock	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$24.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockUnitsVested`	-	USD	3 Qtrs
Shares withheld for tax withholding upon vesting of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$70.17M	USD	1 Quarter
Shares withheld for tax withholding upon vesting of restricted stock units	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$70.17M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.44M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-297.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-281.94M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$-1.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-1.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$905.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-1.22B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-1.08B	USD	Point-in-time

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