2022 Q2 Form 10-Q Financial Statement
#000184176122000015 Filed on August 12, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
Revenue | $79.28M | $0.00 | $0.00 |
YoY Change | -19.94% | ||
Cost Of Revenue | $40.32M | $47.74M | $195.2M |
YoY Change | -19.29% | -4.57% | |
Gross Profit | $38.96M | $42.74M | $188.5M |
YoY Change | -20.6% | -18.12% | |
Gross Profit Margin | 49.14% | ||
Selling, General & Admin | $57.90M | $83.76M | $294.0M |
YoY Change | 23.26% | 0.71% | |
% of Gross Profit | 148.61% | 196.0% | 155.94% |
Research & Development | $5.922M | $6.240M | $23.41M |
YoY Change | 4.11% | 20.88% | |
% of Gross Profit | 15.2% | 14.6% | 12.42% |
Depreciation & Amortization | $1.454M | $1.410M | $4.992M |
YoY Change | 20.26% | 25.0% | |
% of Gross Profit | 3.73% | 3.3% | 2.65% |
Operating Expenses | $63.82M | $1.008M | $2.087M |
YoY Change | 21.19% | 3584.39% | |
Operating Profit | -$42.76M | $41.73M | $186.4M |
YoY Change | 63.77% | -152640.39% | |
Interest Expense | $2.285M | -$22.54M | $325.1K |
YoY Change | 108.49% | 10772.51% | |
% of Operating Profit | -54.03% | 0.17% | |
Other Income/Expense, Net | $7.450M | $0.00 | $0.00 |
YoY Change | -411.59% | -100.0% | |
Pretax Income | -$35.31M | -$23.55M | -$1.762M |
YoY Change | 23.89% | 3116.02% | |
Income Tax | $2.000K | $23.00K | $52.00K |
% Of Pretax Income | |||
Net Earnings | -$35.31M | -$23.55M | -$1.762M |
YoY Change | 23.83% | 3116.02% | |
Net Earnings / Revenue | -44.54% | ||
Basic Earnings Per Share | -$1.06 | -$5.05 | |
Diluted Earnings Per Share | -$1.06 | -$468.1K | -$33.92K |
COMMON SHARES | |||
Basic Shares Outstanding | 33.38M shares | 9.387M shares | |
Diluted Shares Outstanding | 33.38M shares | 9.387M shares |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $132.4M | $79.82K | $507.2K |
YoY Change | 111266.92% | -94.4% | |
Cash & Equivalents | $132.4M | $74.43M | $78.38M |
Short-Term Investments | |||
Other Short-Term Assets | $7.491M | $615.3K | $629.1K |
YoY Change | 588.78% | -50.55% | |
Inventory | $53.49M | $50.56M | $54.45M |
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $193.4M | $695.1K | $140.9M |
YoY Change | 15928.68% | -73.95% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $15.83M | $36.57M | $15.93M |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.249M | $402.6M | $4.394M |
YoY Change | -99.69% | 15.02% | |
Total Long-Term Assets | $36.66M | $402.6M | $41.54M |
YoY Change | -90.89% | 15.43% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $193.4M | $695.1K | $140.9M |
Total Long-Term Assets | $36.66M | $402.6M | $41.54M |
Total Assets | $230.0M | $403.3M | $182.5M |
YoY Change | -43.02% | 14.75% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $17.71M | $31.82M | $21.35M |
YoY Change | |||
Accrued Expenses | $40.83M | $2.815M | $20.65M |
YoY Change | 75567.16% | 122.2% | |
Deferred Revenue | $12.58M | $11.27M | |
YoY Change | |||
Short-Term Debt | $0.00 | $1.000M | $1.000M |
YoY Change | |||
Long-Term Debt Due | $22.71M | $16.72M | $10.75M |
YoY Change | |||
Total Short-Term Liabilities | $98.47M | $3.847M | $69.21M |
YoY Change | 182385.17% | 203.64% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $43.69M | $0.00 | $56.18M |
YoY Change | |||
Other Long-Term Liabilities | $1.562M | $50.01M | $5.408M |
YoY Change | -95.46% | 65.4% | |
Total Long-Term Liabilities | $45.26M | $50.01M | $61.59M |
YoY Change | 31.55% | 65.4% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $98.47M | $3.847M | $69.21M |
Total Long-Term Liabilities | $45.26M | $50.01M | $61.59M |
Total Liabilities | $238.5M | $53.85M | $150.8M |
YoY Change | 592.26% | 79.24% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$572.8M | -$490.1M | |
YoY Change | |||
Common Stock | $16.00K | $1.000K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$8.478M | -$498.9M | -$456.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $230.0M | $403.3M | $182.5M |
YoY Change | -43.02% | 14.75% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$35.31M | -$23.55M | -$1.762M |
YoY Change | 23.83% | 3116.02% | |
Depreciation, Depletion And Amortization | $1.454M | $1.410M | $4.992M |
YoY Change | 20.26% | 25.0% | |
Cash From Operating Activities | -$36.64M | -$427.4K | -$551.6K |
YoY Change | 2705.99% | 8448.2% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.258M | -$1.352M | -$5.768M |
YoY Change | -20.53% | 7.13% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$1.258M | $0.00 | $0.00 |
YoY Change | -97.6% | -100.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $275.0K | ||
YoY Change | |||
Cash From Financing Activities | 95.86M | 0.000 | 1.000M |
YoY Change | 82.59% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -36.64M | -427.4K | -551.6K |
Cash From Investing Activities | -1.258M | 0.000 | 0.000 |
Cash From Financing Activities | 95.86M | 0.000 | 1.000M |
Net Change In Cash | 57.96M | -427.4K | 448.4K |
YoY Change | -4539.72% | -130.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$36.64M | -$427.4K | -$551.6K |
Capital Expenditures | -$1.258M | -$1.352M | -$5.768M |
Free Cash Flow | -$35.38M | $924.6K | $5.216M |
YoY Change | -12853.06% | -26.44% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Entity Tax Identification Number
EntityTaxIdentificationNumber
|
88-2840659 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
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1301 Sansome Street | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
San Francisco | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
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0001841761 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Document Fiscal Year Focus
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2022 | ||
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Document Fiscal Period Focus
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Q2 | ||
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false | ||
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Document Type
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10-Q | ||
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Document Quarterly Report
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true | ||
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2022-06-30 | ||
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001-40263 | ||
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Grove Collaborative Holdings, Inc. | ||
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Entity Incorporation State Country Code
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DE | ||
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Entity Address State Or Province
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CA | ||
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800 | ||
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OtherNonoperatingIncomeExpense
|
-4783000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1044000 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7450000 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2391000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7355000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4130000 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-35308000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-28500000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-82669000 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-9.13 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-66383000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000 | usd |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.97 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.86 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25000 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.86 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35310000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28516000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-82694000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-66411000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.06 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.06 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.97 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-9.13 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
33384292 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33384292 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7182025 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7182025 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21419222 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21419222 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7277677 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7277677 | shares | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-498866000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
2182000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
516380000 | usd |
CY2022Q2 | grov |
Reverse Recapitalization Transaction Costs Net
ReverseRecapitalizationTransactionCostsNet
|
17100000 | usd |
CY2022Q2 | grov |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
79981000 | usd |
CY2022Q2 | grov |
Adjustment To Additional Paid In Capital Earn Out Liability Upon Reverse Recapitalization
AdjustmentToAdditionalPaidInCapitalEarnOutLiabilityUponReverseRecapitalization
|
-93196000 | usd |
CY2022Q2 | grov |
Stock Issued During Period Value Earn Out Shares
StockIssuedDuringPeriodValueEarnOutShares
|
1000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
96000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
162000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
20284000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35310000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8478000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-372739000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
49000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
227000 | usd |
CY2021Q2 | grov |
Stock Vesting Of Early Exercise During Period Shares
StockVestingOfEarlyExerciseDuringPeriodShares
|
221000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
1622000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3861000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28516000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-395275000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-456279000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
2182000 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
516380000 | usd | |
grov |
Reverse Recapitalization Transaction Costs Net
ReverseRecapitalizationTransactionCostsNet
|
17100000 | usd | |
grov |
Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
|
79981000 | usd | |
grov |
Adjustment To Additional Paid In Capital Earn Out Liability Upon Reverse Recapitalization
AdjustmentToAdditionalPaidInCapitalEarnOutLiabilityUponReverseRecapitalization
|
-93196000 | usd | |
grov |
Stock Issued During Period Value Earn Out Shares
StockIssuedDuringPeriodValueEarnOutShares
|
1000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
96000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
333000 | usd | |
grov |
Stock Vesting Of Early Exercise During Period Shares
StockVestingOfEarlyExerciseDuringPeriodShares
|
125000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
24785000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-82694000 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8478000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-339641000 | usd |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
49000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
517000 | usd | |
grov |
Stock Vesting Of Early Exercise During Period Shares
StockVestingOfEarlyExerciseDuringPeriodShares
|
1245000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
1622000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7344000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-66411000 | usd | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-395275000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-82694000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-66411000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
grov |
Adjustment Of Convertible Preferred Stock Warrant Liability
AdjustmentOfConvertiblePreferredStockWarrantLiability
|
-1616000 | usd | |
grov |
Adjustment Of Convertible Preferred Stock Warrant Liability
AdjustmentOfConvertiblePreferredStockWarrantLiability
|
1308000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
24534000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7269000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2864000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2337000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-16510000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd | |
grov |
Transaction Costs Allocated To Derivative Liabilities Upon Business Combination
TransactionCostsAllocatedToDerivativeLiabilitiesUponBusinessCombination
|
6673000 | usd | |
grov |
Transaction Costs Allocated To Derivative Liabilities Upon Business Combination
TransactionCostsAllocatedToDerivativeLiabilitiesUponBusinessCombination
|
0 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
312000 | usd | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
313000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1693000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1719000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1027000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
139000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
387000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
734000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
11320000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-613000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3059000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3495000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3426000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
525000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
7327000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1308000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1788000 | usd | |
grov |
Increase Decrease In Operating Right Of Use Asset
IncreaseDecreaseInOperatingRightOfUseAsset
|
52000 | usd | |
grov |
Increase Decrease In Operating Right Of Use Asset
IncreaseDecreaseInOperatingRightOfUseAsset
|
-45000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
302000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-1103000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-66138000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-61799000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2610000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2845000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2610000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2845000 | usd | |
grov |
Proceed From Issuance Of Common Stock Reverse Recapitalization
ProceedFromIssuanceOfCommonStockReverseRecapitalization
|
97100000 | usd | |
grov |
Proceed From Issuance Of Common Stock Reverse Recapitalization
ProceedFromIssuanceOfCommonStockReverseRecapitalization
|
0 | usd | |
grov |
Proceeds From Issuance Of Redeemable Convertible Common Stock
ProceedsFromIssuanceOfRedeemableConvertibleCommonStock
|
27500000 | usd | |
grov |
Proceeds From Issuance Of Redeemable Convertible Common Stock
ProceedsFromIssuanceOfRedeemableConvertibleCommonStock
|
0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1267000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
340000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
25000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
562000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
21165000 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
2499000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
211000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
375000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
237000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
525000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
32000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
297000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
122765000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
849000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
54017000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-63795000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
78376000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
176523000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
132393000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
112728000 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
61000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
52000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
3052000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
1299000 | usd | |
grov |
Transaction Costs Incurred But Not Yet Paid
TransactionCostsIncurredButNotYetPaid
|
21435000 | usd | |
grov |
Transaction Costs Incurred But Not Yet Paid
TransactionCostsIncurredButNotYetPaid
|
291000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
122000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
139000 | usd | |
grov |
Initial Measurement Of Common Stock Warrants Recorded As Debt Fees
InitialMeasurementOfCommonStockWarrantsRecordedAsDebtFees
|
0 | usd | |
grov |
Initial Measurement Of Common Stock Warrants Recorded As Debt Fees
InitialMeasurementOfCommonStockWarrantsRecordedAsDebtFees
|
1622000 | usd | |
grov |
Warrants Exercised Preferred Stock
WarrantsExercisedPreferredStock
|
989000 | usd | |
grov |
Warrants Exercised Preferred Stock
WarrantsExercisedPreferredStock
|
0 | usd | |
grov |
Conversion Of Redeemable Convertible Preferred Stock To Common Stock
ConversionOfRedeemableConvertiblePreferredStockToCommonStock
|
516365000 | usd | |
grov |
Conversion Of Redeemable Convertible Preferred Stock To Common Stock
ConversionOfRedeemableConvertiblePreferredStockToCommonStock
|
0 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
93196000 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
0 | usd | |
grov |
Reclassification Of Preferred Stock Warrant Liability To Equity
ReclassificationOfPreferredStockWarrantLiabilityToEquity
|
2182000 | usd | |
grov |
Reclassification Of Preferred Stock Warrant Liability To Equity
ReclassificationOfPreferredStockWarrantLiabilityToEquity
|
0 | usd | |
grov |
Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
|
125000 | usd | |
grov |
Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
|
1245000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
Description of Business<div style="padding-left:18pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Grove Collaborative Holdings, Inc., a public benefit corporation, (formerly known as Virgin Group Acquisition Corp. II) and its wholly owned subsidiaries (collectively, the “Company” or “Grove”) is a digital-first, sustainability-oriented consumer products innovator specializing in the development and sale of household, personal care, beauty and other consumer products with an environmental focus and headquartered in San Francisco, California. In the United States, the Company sells its products through two channels: a direct-to-consumer (“DTC”) platform at www.grove.co and the Company’s mobile applications, where the Company sells products from Grove-owned brands (“Grove Brands”) and third-parties, and the retail channel into which the Company sell products from Grove-owned brands at wholesale. The Company develops and sells natural products that are free from the harmful chemicals identified in the Company’s “anti-ingredient” list and designs form factors and product packaging that reduces plastic waste and improves the environmental impact of the categories in which the Company operates. The Company also purchases environmental offsets that have made it the first plastic neutral retailer in the world, and we plan to become 100% plastic-free by 2025. Grove Collaborative, Inc. (herein referred to as “Legacy Grove”), the Company’s accounting predecessor, was incorporated in Delaware in 2016. </span></div><div style="padding-left:18pt;text-indent:27pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On June 16, 2022 (the “Closing Date”), the Company consummated the previously-announced transactions contemplated by the Agreement and Plan of Merger, dated December 7, 2021, amended and restated on March 31, 2022 (the “Merger Agreement”), among Virgin Group Acquisition Corp. II, a blank check company incorporated as a Cayman Islands exempt company in 2020 (“VGAC II”), Treehouse Merger Sub, Inc. (“VGAC II Merger Sub I”), Treehouse Merger Sub II, LLC (“VGAC II Merger Sub II”), and Legacy Grove (“the Merger”). In connection with the Merger, VGAC II changed its jurisdiction of incorporation from the Cayman Islands to the State of Delaware and changed its name to Grove Collaborative Holdings, Inc (the “Domestication”), a public benefit corporation. On the Closing Date, VGAC Merger Sub II merged with and into Legacy Grove with Legacy Grove being the surviving corporation and a wholly-owned subsidiary of the Company (the “Initial Merger”), and, immediately following the Initial Merger, and as part of the same overall transaction as the Initial Merger, Legacy Grove merged with and into VGAC Merger Sub II, the separate corporate existence of Legacy Grove ceased, and Merger Sub II continued as the surviving company and a wholly-owned subsidiary of the Company and changed its name to Grove Collaborative, Inc.(together with the Merger and the Domestication, the “Business Combination”).</span></div><div style="padding-left:18pt;text-align:justify;text-indent:36pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Business Combination is accounted for as a reverse recapitalization with Legacy Grove being the accounting acquirer and VGAC II as the acquired company for accounting purposes. Accordingly, all historical financial information presented in the unaudited condensed consolidated financial statements represents the accounts of Legacy Grove. The shares and net loss per common share prior to the Closing have been retroactively restated as shares reflecting the exchange ratio established in the Closing. </span></div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to the Business Combination, VGAC II’s public shares, and public warrants were listed on the New York Stock Exchange (“NYSE”) under the symbols “VGII” and “VGII.WS,” respectively. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 17, 2022, the Company's Class A common stock and public warrants began trading on (“NYSE”), under the symbols “GROV” and “GROV.WS,” respectively. See Note 3, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Recapitalization</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span>for additional details. | ||
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-572800000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
132400000 | usd |
grov |
Reverse Recapitalization Proceeds Received Net Of Transaction Costs
ReverseRecapitalizationProceedsReceivedNetOfTransactionCosts
|
80000000 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. These estimates made by management include the determination of reserves amounts for the Company’s inventories on hand, useful life of intangible assets, sales returns and allowances and certain assumptions used in the valuation of equity awards, the estimated fair value of common stock liability classified Public and Private Placement warrants, the fair value of Earn-Out liabilities, and Additional Shares related to the Backstop Subscription Agreement and stock-based compensation expense. Actual </span></div><div style="padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">results could differ from those estimates, and such estimates could be material to the Company’s financial position and the results of operations.</span></div><div style="margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The novel coronavirus (“COVID-19”) pandemic has created significant global economic uncertainty and resulted in the slowdown of economic activity. As of the date of issuance of these condensed consolidated financial statements, the extent to which COVID-19 may impact the future financial condition or results of operations is still uncertain. The Company is not aware of any specific event or circumstance that would require revisions to estimates, updates to judgments, or adjustments to the carrying value of assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and will be recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the condensed consolidated financial statements.</span></div> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Concentration of Risks Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents. The Company maintains the majority of its cash and cash equivalents in accounts with one financial institution within the United States, generally in the form of demand accounts. Deposits in this institution may exceed federally insured limits. Management believes minimal credit risk exists with respect to this financial institution and the Company has not experienced any losses on such amounts. | ||
CY2021Q4 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
100000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
100000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
79279000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
99023000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
169758000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
201243000 | usd | |
CY2022Q2 | grov |
Contract With Customer Referral Credit Current
ContractWithCustomerReferralCreditCurrent
|
100000 | usd |
CY2021Q4 | grov |
Contract With Customer Referral Credit Current
ContractWithCustomerReferralCreditCurrent
|
100000 | usd |
grov |
Fulfillment Costs
FulfillmentCosts
|
20300000 | usd | |
CY2021Q2 | grov |
Fulfillment Costs
FulfillmentCosts
|
23600000 | usd |
CY2022Q2 | grov |
Fulfillment Costs
FulfillmentCosts
|
44700000 | usd |
grov |
Fulfillment Costs
FulfillmentCosts
|
48800000 | usd | |
CY2022Q2 | grov |
Reverse Recapitalization Percentage Of Voting Interests Acquired
ReverseRecapitalizationPercentageOfVotingInterestsAcquired
|
1 | |
CY2022Q2 | grov |
Proceed From Issuance Of Common Stock Reverse Recapitalization
ProceedFromIssuanceOfCommonStockReverseRecapitalization
|
97100000 | usd |
CY2022Q2 | grov |
Reverse Recapitalization Proceeds Received Net Of Transaction Costs
ReverseRecapitalizationProceedsReceivedNetOfTransactionCosts
|
23800000 | usd |
CY2022Q2 | grov |
Reverse Recapitalization Contingent Consideration Earnout Period
ReverseRecapitalizationContingentConsiderationEarnoutPeriod
|
P10Y | |
CY2022Q2 | grov |
Inventory Purchases Current
InventoryPurchasesCurrent
|
3468000 | usd |
CY2021Q4 | grov |
Inventory Purchases Current
InventoryPurchasesCurrent
|
4659000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1744000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2072000 | usd |
CY2022Q2 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
3527000 | usd |
CY2021Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
2363000 | usd |
CY2022Q2 | grov |
Accrued Fulfillment Costs Current
AccruedFulfillmentCostsCurrent
|
1147000 | usd |
CY2021Q4 | grov |
Accrued Fulfillment Costs Current
AccruedFulfillmentCostsCurrent
|
1120000 | usd |
CY2022Q2 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
1537000 | usd |
CY2021Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
1812000 | usd |
CY2022Q2 | grov |
Transaction Costs Current
TransactionCostsCurrent
|
21399000 | usd |
CY2021Q4 | grov |
Transaction Costs Current
TransactionCostsCurrent
|
1846000 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
8008000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
6779000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
40830000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
20651000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
66402000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
66933000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
22708000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
10750000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
43694000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
56183000 | usd |
CY2022Q2 | us-gaap |
Purchase Obligation
PurchaseObligation
|
27000000 | usd |
CY2021Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
36100000 | usd |
CY2021Q4 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
115527580 | shares |
CY2021Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
114795034 | shares |
CY2021Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
487918000 | usd |
CY2021Q4 | us-gaap |
Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
|
495411000 | usd |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
CY2022Q2 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
100000000 | shares |
CY2022Q2 | grov |
Number Of Shares Converted
NumberOfSharesConverted
|
1 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
76700000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
27882520 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.59 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y11M26D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
125429000 | usd |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
205337 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.60 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
3041496 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
3.44 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
24635687 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.53 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y5M1D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
54818000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
15742548 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
1.81 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P6Y10M13D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
44349000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.41 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
7800000 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
6000000 | usd | |
CY2022Q2 | grov |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableAggregateIntrinsicValue
|
1100000 | usd |
CY2021Q2 | grov |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableAggregateIntrinsicValue
|
2300000 | usd |
grov |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Of Shares Subject To Repurchase Obligation
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueOfSharesSubjectToRepurchaseObligation
|
0 | usd | |
CY2021 | grov |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Of Shares Subject To Repurchase Obligation
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueOfSharesSubjectToRepurchaseObligation
|
200000 | usd |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
20100000 | usd |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3800000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
24500000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7300000 | usd | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
47400000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y7M6D | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
59416899 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
144964182 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
59416899 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
144964182 | shares |