$BILL
BILL Holdings, Inc.

2020 Q4 Form 10-Q Financial Statement

#000156459021004505 Filed on February 05, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q2 2019 Q4
Revenue $54.05M $42.11M $39.08M
YoY Change 38.29% 32.91% 50.31%
Cost Of Revenue $13.97M $10.10M $9.787M
YoY Change 42.77% 18.99% 36.4%
Gross Profit $40.07M $32.01M $29.29M
YoY Change 36.8% 38.0% 55.62%
Gross Profit Margin 74.15% 76.02% 74.96%
Selling, General & Admin $33.76M $27.34M $24.24M
YoY Change 39.27% 44.65% 82.8%
% of Gross Profit 84.24% 85.42% 82.75%
Research & Development $20.49M $14.93M $12.99M
YoY Change 57.68% 58.03% 111.11%
% of Gross Profit 51.12% 46.64% 44.35%
Depreciation & Amortization $1.000M $1.050M $1.120M
YoY Change -10.71% -33.54% 40.0%
% of Gross Profit 2.5% 3.28% 3.82%
Operating Expenses $54.24M $42.27M $37.23M
YoY Change 45.69% 49.11% 91.77%
Operating Profit -$14.17M -$10.26M -$7.938M
YoY Change 78.52% 99.13% 1245.42%
Interest Expense $3.928M $750.0K $21.00K
YoY Change 18604.76% -86.54%
% of Operating Profit
Other Income/Expense, Net -$3.341M $764.0K $360.0K
YoY Change -1028.06% 28.19% -47.52%
Pretax Income -$17.51M -$9.497M -$7.578M
YoY Change 131.09% 108.4% -7993.75%
Income Tax -$333.0K $1.000K $0.00
% Of Pretax Income
Net Earnings -$17.18M -$9.498M -$7.578M
YoY Change 126.7% 111.16% -7529.41%
Net Earnings / Revenue -31.79% -22.56% -19.39%
Basic Earnings Per Share
Diluted Earnings Per Share -$210.7K -$333.7K -$104.8K
COMMON SHARES
Basic Shares Outstanding 72.58M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q4 2020 Q2 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.734B $697.6M $383.0M
YoY Change 352.81% 329.9%
Cash & Equivalents $1.569B $573.6M $314.9M
Short-Term Investments $165.6M $124.0M $68.10M
Other Short-Term Assets $2.237B $1.671B $1.508B
YoY Change 48.36%
Inventory
Prepaid Expenses
Receivables $14.40M $4.252M $10.70M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.985B $2.379B $1.901B
YoY Change 109.6% 57.26%
LONG-TERM ASSETS
Property, Plant & Equipment $30.57M $13.87M $7.500M
YoY Change 307.63% 111.47%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.97M $10.70M $6.400M
YoY Change 243.23% 61.12%
Total Long-Term Assets $97.32M $24.57M $13.80M
YoY Change 605.2% 86.13%
TOTAL ASSETS
Total Short-Term Assets $3.985B $2.379B $1.901B
Total Long-Term Assets $97.32M $24.57M $13.80M
Total Assets $4.082B $2.404B $1.915B
YoY Change 113.17% 57.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.076M $3.478M $6.000M
YoY Change -15.4% -31.31%
Accrued Expenses $6.600M $10.84M $10.90M
YoY Change -39.45% 65.36%
Deferred Revenue $5.891M
YoY Change 69.82%
Short-Term Debt $2.300M $2.300M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.256B $1.677B $1.518B
YoY Change 48.59% 24.26%
LONG-TERM LIABILITIES
Long-Term Debt $886.1M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.412M $13.83M $1.375M
YoY Change 220.87% 855.56%
Total Long-Term Liabilities $4.412M $13.83M $1.375M
YoY Change 220.87% 855.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.256B $1.677B $1.518B
Total Long-Term Liabilities $4.412M $13.83M $1.375M
Total Liabilities $3.206B $1.693B $1.522B
YoY Change 110.65% 25.18%
SHAREHOLDERS EQUITY
Retained Earnings -$178.9M -$148.7M -$130.9M
YoY Change 36.62% 26.43%
Common Stock $2.000K $2.000K $2.000K
YoY Change 0.0% 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $876.7M $710.7M $393.4M
YoY Change
Total Liabilities & Shareholders Equity $4.082B $2.404B $1.915B
YoY Change 113.17% 57.51%

Cashflow Statement

Concept 2020 Q4 2020 Q2 2019 Q4
OPERATING ACTIVITIES
Net Income -$17.18M -$9.498M -$7.578M
YoY Change 126.7% 111.16% -7529.41%
Depreciation, Depletion And Amortization $1.000M $1.050M $1.120M
YoY Change -10.71% -33.54% 40.0%
Cash From Operating Activities -$9.220M -$1.100M -$1.770M
YoY Change 420.9% -37.85% -2312.5%
INVESTING ACTIVITIES
Capital Expenditures -$8.090M -$5.850M -$1.150M
YoY Change 603.48% 207.89% 0.88%
Acquisitions
YoY Change
Other Investing Activities -$97.73M -$21.76M $146.6M
YoY Change -166.67% -80.86% -173.63%
Cash From Investing Activities -$105.8M -$27.62M $145.4M
YoY Change -172.76% -76.1% -172.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.599B 609.3M 253.5M
YoY Change 530.87% 393.32% -5.77%
NET CHANGE
Cash From Operating Activities -9.220M -1.100M -1.770M
Cash From Investing Activities -105.8M -27.62M 145.4M
Cash From Financing Activities 1.599B 609.3M 253.5M
Net Change In Cash 1.484B 580.6M 397.1M
YoY Change 273.68% 9309.72% 476.87%
FREE CASH FLOW
Cash From Operating Activities -$9.220M -$1.100M -$1.770M
Capital Expenditures -$8.090M -$5.850M -$1.150M
Free Cash Flow -$1.130M $4.750M -$620.0K
YoY Change 82.26% 3553.85% -150.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
bill Strategic Partnership Agreement Period
StrategicPartnershipAgreementPeriod
P10Y
CY2019Q4 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
573643000
CY2020Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
123974000
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4252000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21967000
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10700000
CY2020Q4 us-gaap Assets
Assets
4082417000
CY2020Q2 us-gaap Assets
Assets
2404015000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5076000
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3478000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14304000
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
26781000
CY2020Q2 bill Unbilled Revenue Current
UnbilledRevenueCurrent
6549000
CY2020Q2 us-gaap Funds Held For Clients
FundsHeldForClients
1644250000
CY2020Q2 us-gaap Assets Current
AssetsCurrent
2379449000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
44771000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30572000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13866000
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5891000
CY2020Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
2217680000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2256066000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3166000
CY2020Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
886052000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1832000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4412000
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13827000
CY2020Q4 us-gaap Liabilities
Liabilities
3205669000
CY2020Q2 us-gaap Liabilities
Liabilities
1693296000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
2000
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
2000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1055425000
CY2020Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
857044000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
198000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-178877000
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-148747000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
876748000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
710719000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4082417000
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2404015000
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12387000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6600000
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8541000
CY2020Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
2300000
CY2020Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
2300000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4727000
CY2020Q2 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
1644250000
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1676847000
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2622000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
54141000
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2420000
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
54045000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
39080000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
100254000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
74260000
CY2020Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
13973000
CY2019Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9787000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
26079000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
18934000
CY2020Q4 us-gaap Gross Profit
GrossProfit
40072000
CY2019Q4 us-gaap Gross Profit
GrossProfit
29293000
us-gaap Gross Profit
GrossProfit
74175000
us-gaap Gross Profit
GrossProfit
55326000
CY2020Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20486000
CY2019Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12992000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
38272000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24507000
CY2020Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
14174000
CY2019Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11491000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
27082000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21758000
CY2020Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19583000
CY2019Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12748000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36773000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23283000
CY2020Q4 us-gaap Operating Expenses
OperatingExpenses
54243000
CY2019Q4 us-gaap Operating Expenses
OperatingExpenses
37231000
us-gaap Operating Expenses
OperatingExpenses
102127000
us-gaap Operating Expenses
OperatingExpenses
69548000
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-14171000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7938000
us-gaap Operating Income Loss
OperatingIncomeLoss
-27952000
us-gaap Operating Income Loss
OperatingIncomeLoss
-14222000
CY2020Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3341000
CY2019Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
360000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2511000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
999000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17512000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7578000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30463000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13223000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-333000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-333000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15268000
CY2020Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-920000
CY2019Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-108000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2222000
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-18099000
CY2019Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7686000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-32352000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
225481000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
901000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-17179000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-7578000
us-gaap Net Income Loss
NetIncomeLoss
-30130000
us-gaap Net Income Loss
NetIncomeLoss
-13274000
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.37
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.87
CY2020Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81519000
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22306000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
80868000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-306000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-13580000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
718768000
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
245066000
CY2020Q4 bill Adjustment To Additional Paid In Capital Purchase Of Capped Calls
AdjustmentToAdditionalPaidInCapitalPurchaseOfCappedCalls
-87860000
CY2020Q4 bill Stock Issued During Period Value Stock Options Exercised And Release Of Restricted Stock Units
StockIssuedDuringPeriodValueStockOptionsExercisedAndReleaseOfRestrictedStockUnits
8184000
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10689000
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-920000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-17179000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
876748000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
710719000
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
245066000
bill Adjustment To Additional Paid In Capital Purchase Of Capped Calls
AdjustmentToAdditionalPaidInCapitalPurchaseOfCappedCalls
-87860000
bill Stock Issued During Period Value Stock Options Exercised And Release Of Restricted Stock Units
StockIssuedDuringPeriodValueStockOptionsExercisedAndReleaseOfRestrictedStockUnits
16265000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4327000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20583000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2222000
us-gaap Net Income Loss
NetIncomeLoss
-30130000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
876748000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
-105981000
CY2019Q4 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
276307000
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
1405000
CY2019Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
225481000
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
607000
CY2019Q4 bill Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
144000
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3075000
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-108000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-7578000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
393352000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-102657000
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
276307000
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
1405000
bill Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
144000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5351000
us-gaap Net Income Loss
NetIncomeLoss
-13274000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
393352000
us-gaap Profit Loss
ProfitLoss
-30130000
us-gaap Profit Loss
ProfitLoss
-13274000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1924000
bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
CY2019Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1100000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2100000
CY2020Q2 bill Accrued Sales And Use Tax
AccruedSalesAndUseTax
2976000
CY2020Q2 bill Accrued License Fees Current
AccruedLicenseFeesCurrent
473000
CY2020Q2 bill Non Sufficient Funds Reserve
NonSufficientFundsReserve
260000
CY2020Q2 bill Long Term Payable For Purchase Of Software Current
LongTermPayableForPurchaseOfSoftwareCurrent
613000
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3112000
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8541000
CY2019Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3075000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20583000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5351000
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.50
bill Class Of Warrant Exercisable Period
ClassOfWarrantExercisablePeriod
P5Y
bill Class Of Warrant Exercisable Period Ends
ClassOfWarrantExercisablePeriodEnds
2023-09
bill Class Of Warrant Or Right Issued Or Issuable Number
ClassOfWarrantOrRightIssuedOrIssuableNumber
0
CY2020Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
589000
CY2019Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
933000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1454000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1891000
CY2020Q4 us-gaap Interest Expense
InterestExpense
3928000
CY2019Q4 us-gaap Interest Expense
InterestExpense
21000
us-gaap Interest Expense
InterestExpense
3958000
us-gaap Interest Expense
InterestExpense
175000
CY2020Q4 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
2000
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
7000
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
360000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2511000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
999000
us-gaap Operating Lease Cost
OperatingLeaseCost
3249000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
328000
us-gaap Variable Lease Cost
VariableLeaseCost
1319000
us-gaap Operating Lease Expense
OperatingLeaseExpense
4896000
us-gaap Operating Lease Payments
OperatingLeasePayments
700000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2105000
us-gaap Share Based Compensation
ShareBasedCompensation
20583000
us-gaap Share Based Compensation
ShareBasedCompensation
5351000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3905000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-723000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
2346000
bill Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
1677000
bill Revaluation Of Warrant Liabilities
RevaluationOfWarrantLiabilities
717000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-333000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2785000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
393000
bill Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
821000
bill Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
1114000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3947000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1608000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11267000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
581000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1366000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1146000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-13000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4551000
bill Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
6930000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
573000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
187000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
32000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1110000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11583000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4149000
bill Payment To Acquire Corporate And Customer Fund Short Term Investments
PaymentToAcquireCorporateAndCustomerFundShortTermInvestments
701442000
bill Payment To Acquire Corporate And Customer Fund Short Term Investments
PaymentToAcquireCorporateAndCustomerFundShortTermInvestments
414648000
bill Proceeds From Maturities Of Corporate And Customer Fund Short Term Investments
ProceedsFromMaturitiesOfCorporateAndCustomerFundShortTermInvestments
501159000
bill Proceeds From Maturities Of Corporate And Customer Fund Short Term Investments
ProceedsFromMaturitiesOfCorporateAndCustomerFundShortTermInvestments
407236000
bill Proceeds From Sale Of Corporate And Customer Fund Short Term Investments
ProceedsFromSaleOfCorporateAndCustomerFundShortTermInvestments
35286000
bill Proceeds From Sale Of Corporate And Customer Fund Short Term Investments
ProceedsFromSaleOfCorporateAndCustomerFundShortTermInvestments
22725000
bill Increase Decrease In Restricted Cash And Cash Equivalents And Other Receivables Included In Funds Held For Customers
IncreaseDecreaseInRestrictedCashAndCashEquivalentsAndOtherReceivablesIncludedInFundsHeldForCustomers
-19000
bill Increase Decrease In Restricted Cash And Cash Equivalents And Other Receivables Included In Funds Held For Customers
IncreaseDecreaseInRestrictedCashAndCashEquivalentsAndOtherReceivablesIncludedInFundsHeldForCustomers
4700000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13636000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2972000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
660000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
340000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-179274000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7301000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1129603000
bill Payments For Convertible Senior Notes Capped Call
PaymentsForConvertibleSeniorNotesCappedCall
87860000
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
226565000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
573430000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
162457000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17442000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
901000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4327000
bill Payments Of Offering Costs Related To Follow On Public Offering
PaymentsOfOfferingCostsRelatedToFollowOnPublicOffering
664000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
144000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
151000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1636278000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
389916000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1445421000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
393068000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1592377000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
983168000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3037798000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1376236000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1568684000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
314894000
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
119000
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
256000
CY2020Q4 bill Restricted Cash And Cash Equivalents Included In Funds Held For Customers
RestrictedCashAndCashEquivalentsIncludedInFundsHeldForCustomers
1468995000
CY2019Q4 bill Restricted Cash And Cash Equivalents Included In Funds Held For Customers
RestrictedCashAndCashEquivalentsIncludedInFundsHeldForCustomers
1061086000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3037798000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1376236000
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates<span style="font-weight:normal;"> </span></p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make various estimates and assumptions that affect the amounts reported and disclosed in the condensed consolidated financial statements and the accompanying notes. Management regularly assesses these estimates, including those related to stock-based compensation, useful lives of property and equipment, incremental borrowing rate for right-of-use operating lease assets and operating lease liabilities, the estimate of credit losses on </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">accounts receivable and </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">financial assets</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">fair value of convertible notes, </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the attribution method used to recognize revenue on annual contracts</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">variable consideration used in revenue recognition for certain financial institutions, </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">benefit periods used to amortize deferred commissions,</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">reserve for sales tax obligations, reserve for losses on funds held for customers, and income taxes</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">. </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company evaluates these estimates and assumptions and adjust</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">s</span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> those estimates and assumptions accordingly. </span><span style="font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Actual results could differ from those estimates, and such differences may be material to the condensed consolidated financial statements.</span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Concentrations of Credit Risk </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, short-term investments, and accounts receivable. The Company maintains its cash and cash equivalents and short-term investments with major financial institutions that may at times exceed federally insured limits. Management believes that these financial institutions are financially sound with minimal credit risk. The Company has not experienced any material credit losses relating to cash equivalents, short-term investments, and accounts receivable. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company performs credit evaluations to verify the credit quality of its financial assets and determine any at-risk receivables. An allowance for potential credit losses on financial assets and customer accounts is recognized if material. As of December 31, 2020, the allowance for potential credit losses was not material.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">There were no customers that exceeded 10% of the Company’s total revenue during the three and six months ended December 31, 2020 and 2019.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:9pt;"> </p>
CY2019Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1300000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2600000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4149000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7301000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
389916000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
393068000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
983168000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1376236000
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
148700000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
17800000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
130900000
CY2020Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2100000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4400000
CY2020Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
123974000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
590000
CY2020Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2020Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
CY2020Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2020Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2020Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2020Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2020Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2020Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
165430000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
183000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
165588000
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
123395000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
128500000
CY2020Q4 bill Available For Sale Securities Debt Maturities After One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearFairValue
37100000
CY2020Q4 bill Percentage Of Debt Securities Available For Sale Maturing Within One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingWithinOneYear
0.78
CY2020Q4 bill Percentage Of Debt Securities Available For Sale Maturing After One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingAfterOneYear
0.22
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
102900000
CY2020Q2 bill Available For Sale Securities Debt Maturities After One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearFairValue
21100000
CY2020Q2 bill Percentage Of Debt Securities Available For Sale Maturing Within One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingWithinOneYear
0.83
CY2020Q2 bill Percentage Of Debt Securities Available For Sale Maturing After One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingAfterOneYear
0.17
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
35921000
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
25000
CY2020Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
12056000
CY2020Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
11000
CY2020Q4 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2019Q4 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2020Q4 bill Funds Held For Clients Gross
FundsHeldForClientsGross
2219075000
CY2020Q2 bill Funds Held For Clients Gross
FundsHeldForClientsGross
1649386000
CY2020Q4 us-gaap Funds Held For Clients
FundsHeldForClients
2217680000
CY2020Q2 us-gaap Funds Held For Clients
FundsHeldForClients
1644250000
CY2020Q4 bill Funds Held For Customers Debt Securities Amortized Cost
FundsHeldForCustomersDebtSecuritiesAmortizedCost
747971000
CY2020Q4 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Gain Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
266000
CY2020Q4 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Loss Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
42000
CY2020Q4 bill Funds Held For Customers Debt Securities Current
FundsHeldForCustomersDebtSecuritiesCurrent
748195000
CY2020Q2 bill Funds Held For Customers Debt Securities Amortized Cost
FundsHeldForCustomersDebtSecuritiesAmortizedCost
626740000
CY2020Q2 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Gain Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2055000
CY2020Q2 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Loss Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11000
CY2020Q2 bill Funds Held For Customers Debt Securities Current
FundsHeldForCustomersDebtSecuritiesCurrent
628784000
CY2020Q2 bill Funds Held For Customers Debt Securities Percentage Mature Within One Year
FundsHeldForCustomersDebtSecuritiesPercentageMatureWithinOneYear
1
CY2020Q4 bill Funds Held For Customers Debt Securities Percentage Mature Within One Year
FundsHeldForCustomersDebtSecuritiesPercentageMatureWithinOneYear
1
CY2020Q4 bill Funds Held For Customers Debt Securities Fair Value
FundsHeldForCustomersDebtSecuritiesFairValue
182611000
CY2020Q4 bill Funds Held For Customers Debt Securities Unrealized Losses
FundsHeldForCustomersDebtSecuritiesUnrealizedLosses
42000
CY2020Q2 bill Funds Held For Customers Debt Securities Fair Value
FundsHeldForCustomersDebtSecuritiesFairValue
66781000
CY2020Q2 bill Funds Held For Customers Debt Securities Unrealized Losses
FundsHeldForCustomersDebtSecuritiesUnrealizedLosses
11000
CY2020Q4 bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
CY2019Q4 bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
46291000
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27661000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15719000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13795000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30572000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13866000
CY2020Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1000000.0
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1900000
CY2020Q4 bill Accrued Sales And Use Tax
AccruedSalesAndUseTax
985000
CY2020Q4 bill Accrued License Fees Current
AccruedLicenseFeesCurrent
472000
CY2020Q4 bill Non Sufficient Funds Reserve
NonSufficientFundsReserve
24000
CY2020Q4 bill Long Term Payable For Purchase Of Software Current
LongTermPayableForPurchaseOfSoftwareCurrent
1598000
CY2020Q2 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
1107000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3521000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6600000
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
28000000.0
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7M2D
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10689000
CY2019Q4 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
552000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
717000
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3341000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
1731000
CY2020Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
157000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
925000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7978000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8203000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7936000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7705000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7416000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
40525000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
80688000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
19701000
CY2020Q4 bill Lessee Operating Lease Tenant Improvement Allowance Receivable
LesseeOperatingLeaseTenantImprovementAllowanceReceivable
2119000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
58868000
CY2019Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
900000
us-gaap Operating Lease Expense
OperatingLeaseExpense
1600000
CY2020Q4 us-gaap Variable Lease Cost
VariableLeaseCost
651000
CY2020Q4 us-gaap Operating Lease Expense
OperatingLeaseExpense
2539000
CY2020Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
400000
bill Online Bill Payment Products Expiration Month And Year
OnlineBillPaymentProductsExpirationMonthAndYear
2027-06
CY2020Q4 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
5432000
CY2020Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
8117000
CY2020Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
8503000
CY2020Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
5010000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-30130000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13274000
CY2020Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81519000
CY2020Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
2000000
CY2020Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
1750000
CY2020Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
1750000
CY2020Q4 us-gaap Other Commitment
OtherCommitment
32562000
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-17179000
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7578000
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.37
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.87
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15268000
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22306000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
80868000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15113000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12188000

Files In Submission

Name View Source Status
0001564590-21-004505-index-headers.html Edgar Link pending
0001564590-21-004505-index.html Edgar Link pending
0001564590-21-004505.txt Edgar Link pending
0001564590-21-004505-xbrl.zip Edgar Link pending
bill-10q_20201231.htm Edgar Link pending
bill-10q_20201231_htm.xml Edgar Link completed
bill-20201231.xsd Edgar Link pending
bill-20201231_cal.xml Edgar Link unprocessable
bill-20201231_def.xml Edgar Link unprocessable
bill-20201231_lab.xml Edgar Link unprocessable
bill-20201231_pre.xml Edgar Link unprocessable
bill-ex311_6.htm Edgar Link pending
bill-ex312_10.htm Edgar Link pending
bill-ex321_9.htm Edgar Link pending
bill-ex322_7.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending