$BILL
BILL Holdings, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021025543 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q2 2020 Q1
Revenue $59.74M $42.11M $41.23M
YoY Change 44.89% 32.91% 45.98%
Cost Of Revenue $15.43M $10.10M $10.11M
YoY Change 52.66% 18.99% 27.75%
Gross Profit $44.30M $32.01M $31.12M
YoY Change 42.37% 38.0% 53.07%
Gross Profit Margin 74.16% 76.02% 75.48%
Selling, General & Admin $37.31M $27.34M $26.87M
YoY Change 38.89% 44.65% 75.95%
% of Gross Profit 84.22% 85.42% 86.33%
Research & Development $22.29M $14.93M $13.97M
YoY Change 59.54% 58.03% 76.85%
% of Gross Profit 50.3% 46.64% 44.89%
Depreciation & Amortization $1.530M $1.050M $1.100M
YoY Change 39.09% -33.54%
% of Gross Profit 3.45% 3.28% 3.53%
Operating Expenses $59.60M $42.27M $40.84M
YoY Change 45.95% 49.11% 76.26%
Operating Profit -$15.30M -$10.26M -$9.715M
YoY Change 57.45% 99.13% 242.32%
Interest Expense -$11.43M $750.0K $23.00K
YoY Change -49795.65% -83.8%
% of Operating Profit
Other Income/Expense, Net -$11.43M $764.0K $1.397M
YoY Change -918.32% 28.19% 90.33%
Pretax Income -$26.73M -$9.497M -$8.318M
YoY Change 221.33% 108.4% 295.34%
Income Tax $0.00 $1.000K $1.000K
% Of Pretax Income
Net Earnings -$26.73M -$9.498M -$8.319M
YoY Change 221.29% 111.16% 309.0%
Net Earnings / Revenue -44.74% -22.56% -20.18%
Basic Earnings Per Share
Diluted Earnings Per Share -$323.5K -$333.7K -$114.6K
COMMON SHARES
Basic Shares Outstanding 72.58M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.736B $697.6M $382.4M
YoY Change 354.01% 329.9%
Cash & Equivalents $1.224B $573.6M $228.6M
Short-Term Investments $512.5M $124.0M $153.8M
Other Short-Term Assets $1.948B $1.671B $1.379B
YoY Change 41.3%
Inventory
Prepaid Expenses
Receivables $17.40M $4.252M $3.440M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.702B $2.379B $1.771B
YoY Change 109.06% 57.26%
LONG-TERM ASSETS
Property, Plant & Equipment $31.74M $13.87M $12.32M
YoY Change 157.69% 111.47%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $22.50M $10.70M $6.819M
YoY Change 229.96% 61.12%
Total Long-Term Assets $98.40M $24.57M $19.14M
YoY Change 414.21% 86.13%
TOTAL ASSETS
Total Short-Term Assets $3.702B $2.379B $1.771B
Total Long-Term Assets $98.40M $24.57M $19.14M
Total Assets $3.800B $2.404B $1.790B
YoY Change 112.32% 57.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.300M $3.478M $6.477M
YoY Change -33.61% -31.31%
Accrued Expenses $19.20M $10.84M $10.89M
YoY Change 76.24% 65.36%
Deferred Revenue $5.891M $6.100M
YoY Change 69.82%
Short-Term Debt $0.00 $2.300M $2.300M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.970B $1.677B $1.386B
YoY Change 42.12% 24.26%
LONG-TERM LIABILITIES
Long-Term Debt $897.9M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $60.20M $13.83M $11.75M
YoY Change 412.56% 855.56%
Total Long-Term Liabilities $958.1M $13.83M $11.75M
YoY Change 8057.51% 855.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.970B $1.677B $1.386B
Total Long-Term Liabilities $958.1M $13.83M $11.75M
Total Liabilities $2.930B $1.693B $1.400B
YoY Change 109.28% 25.18%
SHAREHOLDERS EQUITY
Retained Earnings -$148.7M -$139.2M
YoY Change 26.43%
Common Stock $2.000K $2.000K
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $870.5M $710.7M $389.9M
YoY Change
Total Liabilities & Shareholders Equity $3.800B $2.404B $1.790B
YoY Change 112.32% 57.51%

Cashflow Statement

Concept 2021 Q1 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$26.73M -$9.498M -$8.319M
YoY Change 221.29% 111.16% 309.0%
Depreciation, Depletion And Amortization $1.530M $1.050M $1.100M
YoY Change 39.09% -33.54%
Cash From Operating Activities -$1.580M -$1.100M $820.0K
YoY Change -292.68% -37.85%
INVESTING ACTIVITIES
Capital Expenditures -$3.800M -$5.850M -$2.920M
YoY Change 30.14% 207.89%
Acquisitions
YoY Change
Other Investing Activities -$380.1M -$21.76M -$226.3M
YoY Change 68.0% -80.86%
Cash From Investing Activities -$383.9M -$27.62M -$229.2M
YoY Change 67.53% -76.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -280.2M 609.3M -136.1M
YoY Change 105.92% 393.32%
NET CHANGE
Cash From Operating Activities -1.580M -1.100M 820.0K
Cash From Investing Activities -383.9M -27.62M -229.2M
Cash From Financing Activities -280.2M 609.3M -136.1M
Net Change In Cash -665.7M 580.6M -364.4M
YoY Change 82.67% 9309.72%
FREE CASH FLOW
Cash From Operating Activities -$1.580M -$1.100M $820.0K
Capital Expenditures -$3.800M -$5.850M -$2.920M
Free Cash Flow $2.220M $4.750M $3.740M
YoY Change -40.64% 3553.85%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1100000
bill Strategic Partnership Agreement Period
StrategicPartnershipAgreementPeriod
P10Y
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q1 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2020Q1 us-gaap Restricted Cash Current Asset Statement Of Financial Position Extensible List
RestrictedCashCurrentAssetStatementOfFinancialPositionExtensibleList
us-gaap:OtherAssetsCurrent
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6388000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53644000
CY2021Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
897871000
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1832000
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13827000
CY2020Q2 us-gaap Liabilities
Liabilities
1693296000
CY2020Q2 us-gaap Common Stock Value
CommonStockValue
2000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59738000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
41230000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159992000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
115490000
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
15434000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10110000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
41513000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29044000
CY2021Q1 us-gaap Gross Profit
GrossProfit
44304000
CY2020Q1 us-gaap Gross Profit
GrossProfit
31120000
us-gaap Gross Profit
GrossProfit
118479000
us-gaap Gross Profit
GrossProfit
86446000
CY2021Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22286000
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13969000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
60558000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
38476000
CY2021Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15190000
CY2020Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11802000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
42272000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
33560000
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22124000
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15064000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
58897000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38347000
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
59600000
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
40835000
us-gaap Operating Expenses
OperatingExpenses
161727000
us-gaap Operating Expenses
OperatingExpenses
110383000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-15296000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-9715000
us-gaap Operating Income Loss
OperatingIncomeLoss
-43248000
us-gaap Operating Income Loss
OperatingIncomeLoss
-23937000
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11432000
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1397000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-13943000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2396000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-26728000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8318000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-57191000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21541000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-333000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-26728000
us-gaap Net Income Loss
NetIncomeLoss
-56858000
us-gaap Net Income Loss
NetIncomeLoss
-21593000
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.32
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.70
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.63
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
82627000
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
72379000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81446000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
34167000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-26728000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-8319000
us-gaap Net Income Loss
NetIncomeLoss
-56858000
us-gaap Net Income Loss
NetIncomeLoss
-21593000
CY2021Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-389000
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1014000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2611000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1320000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-27117000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9333000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-59469000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22913000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
876748000
CY2021Q1 bill Stock Issued During Period Value Stock Options Exercised And Release Of Restricted Stock Units
StockIssuedDuringPeriodValueStockOptionsExercisedAndReleaseOfRestrictedStockUnits
5613000
CY2021Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4537000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10680000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-389000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-26728000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
870461000
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
21878000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
8864000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
31263000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2611000
us-gaap Net Income Loss
NetIncomeLoss
-56858000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
870461000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
845000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5085000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1014000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-8319000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
389949000
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
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
225481000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1746000
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
10436000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1320000
us-gaap Net Income Loss
NetIncomeLoss
-21593000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
389949000
us-gaap Profit Loss
ProfitLoss
-56858000
us-gaap Profit Loss
ProfitLoss
-21593000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3449000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3205000
us-gaap Share Based Compensation
ShareBasedCompensation
31263000
us-gaap Share Based Compensation
ShareBasedCompensation
10436000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
15724000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1970000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
2855000
bill Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
2635000
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
5332000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-958000
bill Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
1316000
bill Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
1356000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4833000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10843000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11799000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1047000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
927000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1475000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
58000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
6893000
bill Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
7782000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
576000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
10689000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2924000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2944000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13163000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3327000
bill Proceeds From Sale Of Corporate And Customer Fund Short Term Investments
ProceedsFromSaleOfCorporateAndCustomerFundShortTermInvestments
119072000
bill Increase Decrease In Restricted Cash And Cash Equivalents And Other Receivables Included In Funds Held For Customers
IncreaseDecreaseInRestrictedCashAndCashEquivalentsAndOtherReceivablesIncludedInFundsHeldForCustomers
9072000
bill Increase Decrease In Restricted Cash And Cash Equivalents And Other Receivables Included In Funds Held For Customers
IncreaseDecreaseInRestrictedCashAndCashEquivalentsAndOtherReceivablesIncludedInFundsHeldForCustomers
6601000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17062000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5736000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1038000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
489000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-221872000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1129379000
bill Payments For Convertible Senior Notes Capped Call
PaymentsForConvertibleSeniorNotesCappedCall
87860000
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
225544000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2300000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2300000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23034000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1746000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8864000
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
1356043000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
253829000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
779688000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
28630000
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
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2372065000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1011798000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1223724000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
228585000
CY2021Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
35000
CY2020Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
256000
CY2021Q1 bill Restricted Cash And Cash Equivalents Included In Funds Held For Customers
RestrictedCashAndCashEquivalentsIncludedInFundsHeldForCustomers
1148306000
CY2020Q1 bill Restricted Cash And Cash Equivalents Included In Funds Held For Customers
RestrictedCashAndCashEquivalentsIncludedInFundsHeldForCustomers
782957000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3327000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-221872000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
253829000
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
CY2021Q1 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
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
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;">, 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 March 31, 2021, 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 nine months ended March 31, 2021 and 2020.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:9pt;"> </p>
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 Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
28630000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
983168000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1011798000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
147500000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
26200000
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.18
CY2021Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Explanation
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionExplanation
Once the services for the Company’s significant contracts have launched, the Company expects the amount of revenue to be recognized for the remaining transaction price will be materially consistent over the next two to five years
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2600000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1700000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4400000
CY2021Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2021Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2021Q1 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
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
512580000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
97000
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
157000
CY2021Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
512520000
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
123395000
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
590000
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11000
CY2020Q2 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
123974000
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
284400000
CY2021Q1 bill Available For Sale Securities Debt Maturities After One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneYearFairValue
228100000
CY2021Q1 bill Percentage Of Debt Securities Available For Sale Maturing Within One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingWithinOneYear
0.55
CY2021Q1 bill Percentage Of Debt Securities Available For Sale Maturing After One Year
PercentageOfDebtSecuritiesAvailableForSaleMaturingAfterOneYear
0.45
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
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
276326000
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
157000
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
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0
CY2021Q1 bill Funds Held For Clients Gross
FundsHeldForClientsGross
1930544000
CY2020Q2 bill Funds Held For Clients Gross
FundsHeldForClientsGross
1649386000
CY2021Q1 us-gaap Funds Held For Clients
FundsHeldForClients
1929840000
CY2020Q2 us-gaap Funds Held For Clients
FundsHeldForClients
1644250000
CY2021Q1 bill Funds Held For Customers Debt Securities Amortized Cost
FundsHeldForCustomersDebtSecuritiesAmortizedCost
771220000
CY2021Q1 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Gain Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
142000
CY2021Q1 bill Funds Held For Customers Debt Securities Accumulated Gross Unrealized Loss Before Tax
FundsHeldForCustomersDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
99000
CY2021Q1 bill Funds Held For Customers Debt Securities Current
FundsHeldForCustomersDebtSecuritiesCurrent
771263000
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
CY2021Q1 bill Funds Held For Customers Debt Securities Percentage Mature Within One Year
FundsHeldForCustomersDebtSecuritiesPercentageMatureWithinOneYear
0.99
CY2021Q1 bill Funds Held For Customers Debt Securities Mature Within One Year
FundsHeldForCustomersDebtSecuritiesMatureWithinOneYear
762000000.0
CY2021Q1 bill Funds Held For Customers Debt Securities Percentage Mature Thereafter
FundsHeldForCustomersDebtSecuritiesPercentageMatureThereafter
0.01
CY2021Q1 bill Funds Held For Customers Debt Securities Mature Thereafter
FundsHeldForCustomersDebtSecuritiesMatureThereafter
9300000
CY2020Q2 bill Funds Held For Customers Debt Securities Percentage Mature Within One Year
FundsHeldForCustomersDebtSecuritiesPercentageMatureWithinOneYear
1
CY2021Q1 bill Funds Held For Customers Debt Securities Fair Value
FundsHeldForCustomersDebtSecuritiesFairValue
277557000
CY2021Q1 bill Funds Held For Customers Debt Securities Unrealized Losses
FundsHeldForCustomersDebtSecuritiesUnrealizedLosses
99000
CY2020Q2 bill Funds Held For Customers Debt Securities Fair Value
FundsHeldForCustomersDebtSecuritiesFairValue
66781000
CY2020Q2 bill Funds Held For Customers Debt Securities Unrealized Losses
FundsHeldForCustomersDebtSecuritiesUnrealizedLosses
11000
CY2020Q1 bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
bill Funds Held For Customers For Sale Realized Gain Loss
FundsHeldForCustomersForSaleRealizedGainLoss
0
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
48759000
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27661000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17019000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13795000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
31740000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13866000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3200000
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 Deferred Rent Credit Current
DeferredRentCreditCurrent
1107000
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3112000
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8541000
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
24500000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M24D
CY2021Q1 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
4000
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
-4000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2396000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y9M18D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
502000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8139000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8298000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7936000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7705000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7416000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
40525000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
80521000
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
18901000
CY2021Q1 bill Lessee Operating Lease Tenant Improvement Allowance Receivable
LesseeOperatingLeaseTenantImprovementAllowanceReceivable
1588000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
60032000
us-gaap Operating Lease Expense
OperatingLeaseExpense
3300000
us-gaap Operating Lease Cost
OperatingLeaseCost
5016000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
381000
us-gaap Variable Lease Cost
VariableLeaseCost
1917000
us-gaap Operating Lease Expense
OperatingLeaseExpense
7314000
us-gaap Operating Lease Payments
OperatingLeasePayments
1200000
bill Multi Year Agreements Expiration Year
MultiYearAgreementsExpirationYear
2025
bill Online Bill Payment Products Expiration Month And Year
OnlineBillPaymentProductsExpirationMonthAndYear
2027-06
CY2021Q1 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
1883000
CY2021Q1 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
8885000
CY2021Q1 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
9336000
CY2021Q1 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
5496000
CY2021Q1 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
2000000
CY2021Q1 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
1750000
CY2021Q1 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
1750000
CY2021Q1 us-gaap Other Commitment
OtherCommitment
31100000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26728000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8319000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-56858000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21593000
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
82627000
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
72379000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81446000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
34167000
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.32
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.70
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.63
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7072000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11960000

Files In Submission

Name View Source Status
0001564590-21-025543-index-headers.html Edgar Link pending
0001564590-21-025543-index.html Edgar Link pending
0001564590-21-025543.txt Edgar Link pending
0001564590-21-025543-xbrl.zip Edgar Link pending
bill-10q_20210331.htm Edgar Link pending
bill-10q_20210331_htm.xml Edgar Link completed
bill-20210331.xsd Edgar Link pending
bill-20210331_cal.xml Edgar Link unprocessable
bill-20210331_def.xml Edgar Link unprocessable
bill-20210331_lab.xml Edgar Link unprocessable
bill-20210331_pre.xml Edgar Link unprocessable
bill-ex311_6.htm Edgar Link pending
bill-ex312_9.htm Edgar Link pending
bill-ex321_8.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
R65.htm Edgar Link pending
R66.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