2024 Q1 Form 10-K Financial Statement

#000162828024012350 Filed on March 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2024 2023
Revenue $155.8M $583.1M $475.9M
YoY Change 14.73% 22.54% 48.36%
Cost Of Revenue $26.97M $108.7M $86.97M
YoY Change 14.82% 24.99% 37.09%
Gross Profit $128.8M $474.4M $388.9M
YoY Change 14.7% 21.99% 51.14%
Gross Profit Margin 82.68% 81.36% 81.72%
Selling, General & Admin $123.1M $506.2M $490.8M
YoY Change -4.42% 3.13% 28.62%
% of Gross Profit 95.54% 106.69% 126.2%
Research & Development $54.05M $222.6M $195.4M
YoY Change 16.39% 13.91% 18.39%
% of Gross Profit 41.96% 46.91% 50.24%
Depreciation & Amortization $2.920M $9.506M $4.588M
YoY Change 107.09% 107.19% 83.67%
% of Gross Profit 2.27% 2.0% 1.18%
Operating Expenses $177.1M $728.7M $686.2M
YoY Change 1.1% 6.19% 25.53%
Operating Profit -$48.30M -$254.3M -$297.3M
YoY Change -23.19% -14.47% 2.76%
Interest Expense $17.11M $65.16M $26.37M
YoY Change 29.24% 147.12%
% of Operating Profit
Other Income/Expense, Net $126.0K -$510.0K -$2.365M
YoY Change -77.38% -78.44% -1559.88%
Pretax Income -$31.06M -$189.6M -$273.3M
YoY Change -36.72% -30.61% -5.49%
Income Tax $559.0K $1.039M $1.013M
% Of Pretax Income
Net Earnings -$31.62M -$190.7M -$274.3M
YoY Change -35.93% -30.49% -5.46%
Net Earnings / Revenue -20.3% -32.7% -57.64%
Basic Earnings Per Share -$0.98 -$1.47
Diluted Earnings Per Share -$0.16 -$0.98 -$1.47
COMMON SHARES
Basic Shares Outstanding 193.8M shares 186.0M shares
Diluted Shares Outstanding 193.8M shares 186.0M shares

Balance Sheet

Concept 2024 Q1 2024 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.279B $1.279B $1.286B
YoY Change -0.59% -0.59% -5.14%
Cash & Equivalents $763.4M $763.4M $1.286B
Short-Term Investments $515.2M $515.2M
Other Short-Term Assets $80.36M $80.36M $60.50M
YoY Change 32.84% 32.84% 21.11%
Inventory
Prepaid Expenses
Receivables $182.6M $182.6M $162.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.542B $1.542B $1.509B
YoY Change 2.16% 2.16% -1.54%
LONG-TERM ASSETS
Property, Plant & Equipment $45.44M $45.44M $37.15M
YoY Change 22.3% 22.3% 18.64%
Goodwill $12.20M
YoY Change
Intangibles $11.61M
YoY Change
Long-Term Investments
YoY Change
Other Assets $81.15M $81.15M $82.19M
YoY Change -1.27% -1.27% 37.51%
Total Long-Term Assets $150.4M $150.4M $119.3M
YoY Change 26.02% 26.02% 31.02%
TOTAL ASSETS
Total Short-Term Assets $1.542B $1.542B $1.509B
Total Long-Term Assets $150.4M $150.4M $119.3M
Total Assets $1.692B $1.692B $1.628B
YoY Change 3.91% 3.91% 0.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.081M $9.081M $12.45M
YoY Change -27.06% -27.06% -12.74%
Accrued Expenses $71.15M $71.15M $68.79M
YoY Change 3.43% 3.43% 7.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $440.8M $440.8M $380.8M
YoY Change 15.73% 15.73% 23.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $38.20M $38.20M $42.14M
YoY Change -9.35% -9.35% 28.84%
Total Long-Term Liabilities $38.20M $38.20M $42.14M
YoY Change -9.35% -9.35% 28.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $440.8M $440.8M $380.8M
Total Long-Term Liabilities $38.20M $38.20M $42.14M
Total Liabilities $479.0M $479.0M $423.0M
YoY Change 13.23% 13.23% 23.9%
SHAREHOLDERS EQUITY
Retained Earnings -$971.1M
YoY Change 24.43%
Common Stock $2.184B
YoY Change 10.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.213B $1.213B $1.205B
YoY Change
Total Liabilities & Shareholders Equity $1.692B $1.692B $1.628B
YoY Change 3.91% 3.91% 0.29%

Cashflow Statement

Concept 2024 Q1 2024 2023
OPERATING ACTIVITIES
Net Income -$31.62M -$190.7M -$274.3M
YoY Change -35.93% -30.49% -5.46%
Depreciation, Depletion And Amortization $2.920M $9.506M $4.588M
YoY Change 107.09% 107.19% 83.67%
Cash From Operating Activities $10.29M -$10.85M -$84.46M
YoY Change 551.84% -87.15% 50.25%
INVESTING ACTIVITIES
Capital Expenditures $3.003M $12.03M $8.998M
YoY Change 11.89% 33.7% 4104.67%
Acquisitions $20.86M $0.00
YoY Change
Other Investing Activities $15.91M -$523.1M $0.00
YoY Change
Cash From Investing Activities $12.90M -$535.2M -$8.998M
YoY Change -580.7% 5847.67% 36.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.43M $23.57M $22.23M
YoY Change -1.34% 6.03%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.40M 23.30M 21.98M
YoY Change -1.41% 6.0% -98.08%
NET CHANGE
Cash From Operating Activities 10.29M -10.85M -84.46M
Cash From Investing Activities 12.90M -535.2M -8.998M
Cash From Financing Activities 10.40M 23.30M 21.98M
Net Change In Cash 33.59M -522.7M -71.48M
YoY Change 255.69% 631.31% -106.59%
FREE CASH FLOW
Cash From Operating Activities $10.29M -$10.85M -$84.46M
Capital Expenditures $3.003M $12.03M $8.998M
Free Cash Flow $7.283M -$22.88M -$93.46M
YoY Change -758.5% -75.52% 65.62%

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ShareBasedCompensation
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
171161000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
200568000 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9506000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4588000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2498000 usd
CY2024 hcp Non Cash Operating Lease Costs
NonCashOperatingLeaseCosts
3054000 usd
CY2023 hcp Non Cash Operating Lease Costs
NonCashOperatingLeaseCosts
2860000 usd
CY2022 hcp Non Cash Operating Lease Costs
NonCashOperatingLeaseCosts
2382000 usd
CY2024 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
12738000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
CY2024 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-414000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 usd
CY2024 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-138000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-14000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20392000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
35556000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
33364000 usd
CY2024 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
6242000 usd
CY2023 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
34767000 usd
CY2022 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
39086000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12656000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
61000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13626000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3668000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1817000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8464000 usd
CY2024 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
438000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2609000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-895000 usd
CY2024 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-2621000 usd
CY2023 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
1689000 usd
CY2022 us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
32379000 usd
CY2024 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3442000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3140000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2567000 usd
CY2024 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
59309000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
75992000 usd
CY2024 hcp Increase Decrease In Contract Refund Liability
IncreaseDecreaseInContractRefundLiability
-1072000 usd
CY2023 hcp Increase Decrease In Contract Refund Liability
IncreaseDecreaseInContractRefundLiability
3316000 usd
CY2022 hcp Increase Decrease In Contract Refund Liability
IncreaseDecreaseInContractRefundLiability
1164000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-84462000 usd
CY2024 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20860000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
214000 usd
CY2023 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
8746000 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
6382000 usd
CY2024 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
811838000 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
CY2024 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
26372000 usd
CY2023 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 usd
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 usd
CY2024 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
283185000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-535171000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8998000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6596000 usd
CY2024 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
1252974000 usd
CY2024 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
269000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
248000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
105642000 usd
CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6003000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5034000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5036000 usd
CY2024 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
17568000 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
17197000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 usd
CY2024 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4522000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23302000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21983000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1147846000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-522720000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-71477000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1085035000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1357611000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
272576000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1286134000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
763414000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1286134000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1357611000 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1430000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
999000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
739000 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
4047000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3781000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3291000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2002000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2036000 usd
CY2024 hcp Unpaid Deferred Offering Costs
UnpaidDeferredOfferingCosts
0 usd
CY2023 hcp Unpaid Deferred Offering Costs
UnpaidDeferredOfferingCosts
0 usd
CY2022 hcp Unpaid Deferred Offering Costs
UnpaidDeferredOfferingCosts
1527000 usd
CY2024 hcp Unpaid Taxes Related To Net Share Settlement Of Equity Awards
UnpaidTaxesRelatedToNetShareSettlementOfEquityAwards
0 usd
CY2023 hcp Unpaid Taxes Related To Net Share Settlement Of Equity Awards
UnpaidTaxesRelatedToNetShareSettlementOfEquityAwards
0 usd
CY2022 hcp Unpaid Taxes Related To Net Share Settlement Of Equity Awards
UnpaidTaxesRelatedToNetShareSettlementOfEquityAwards
5347000 usd
CY2024 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2023 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
349113000 usd
CY2024 hcp Noncash Or Part Noncash Acquisition Acquisition Hold Back
NoncashOrPartNoncashAcquisitionAcquisitionHoldBack
4100000 usd
CY2023 hcp Noncash Or Part Noncash Acquisition Acquisition Hold Back
NoncashOrPartNoncashAcquisitionAcquisitionHoldBack
0 usd
CY2022 hcp Noncash Or Part Noncash Acquisition Acquisition Hold Back
NoncashOrPartNoncashAcquisitionAcquisitionHoldBack
0 usd
CY2024 hcp Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
4784000 usd
CY2023 hcp Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
4207000 usd
CY2022 hcp Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
3562000 usd
CY2024 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:12pt;margin-top:12pt;text-align:justify;text-indent:24.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div>The Company’s fiscal year ends on January 31. References to fiscal 2024, for example, refer to the fiscal year ended January 31, 2024.
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:12pt;margin-top:12pt;text-align:justify;text-indent:24.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:24.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income and expense during the reporting period. Such management estimates include, but are not limited to, the determination of standalone selling prices of the Company’s performance obligations, the estimated period of benefit of deferred contract acquisition costs, the fair value of share-based awards, capitalization of software development costs, discount rates used to measure operating leases, valuation of acquired intangible assets and goodwill, and the valuation allowance on deferred tax assets </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and uncertain tax positions. These estimates are based on information available as of the date of the consolidated financial statements; therefore, actual results could differ from those estimates.</span></div>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
20000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
36000 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
14000 usd
CY2024 hcp Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
13000 usd
CY2023 hcp Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
7000 usd
CY2022 hcp Accounts Receivable Allowance For Credit Loss Writeoff Net Of Recoveries
AccountsReceivableAllowanceForCreditLossWriteoffNetOfRecoveries
30000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
20000 usd
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:12pt;margin-top:12pt;text-align:justify;text-indent:24.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk and Significant Customers</span></div>Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, and trade accounts receivable. Although the Company deposits its cash with multiple financial institutions, the deposits, at times, may exceed federally insured limits. The Company invests its excess cash in highly-rated money market funds. The Company extends credit to customers in the normal course of business. The Company monitors for uncollectible accounts on an ongoing basis.
CY2024Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
3800000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
4900000 usd
CY2024 hcp Sales Commissions Amortization Period
SalesCommissionsAmortizationPeriod
P5Y
CY2024 us-gaap Advertising Expense
AdvertisingExpense
15400000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
11100000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
6300000 usd
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 usd
CY2023Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
224000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
12200000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
0 usd
CY2023Q1 us-gaap Goodwill
Goodwill
0 usd
CY2024 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
12265000 usd
CY2024 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-68000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
12197000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2833000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2833000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2612000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2500000 usd
CY2024Q1 hcp Finite Lived Intangible Asset Expected Amortization Year Five And Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndThereafter
833000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11611000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
583137000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
475889000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320769000 usd
CY2024 us-gaap Revenues
Revenues
583137000 usd
CY2023 us-gaap Revenues
Revenues
475889000 usd
CY2022 us-gaap Revenues
Revenues
320769000 usd
CY2023Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
302244000 usd
CY2022Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
223289000 usd
CY2021Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
147297000 usd
CY2024 hcp Contract With Customer Liability Billings And Reclassifications
ContractWithCustomerLiabilityBillingsAndReclassifications
643541000 usd
CY2023 hcp Contract With Customer Liability Billings And Reclassifications
ContractWithCustomerLiabilityBillingsAndReclassifications
552799000 usd
CY2022 hcp Contract With Customer Liability Billings And Reclassifications
ContractWithCustomerLiabilityBillingsAndReclassifications
395153000 usd
CY2024 hcp Contract With Customer Liability Revenue Recognized Net Of Change In Unbilled Accounts Receivable
ContractWithCustomerLiabilityRevenueRecognizedNetOfChangeInUnbilledAccountsReceivable
584232000 usd
CY2023 hcp Contract With Customer Liability Revenue Recognized Net Of Change In Unbilled Accounts Receivable
ContractWithCustomerLiabilityRevenueRecognizedNetOfChangeInUnbilledAccountsReceivable
473844000 usd
CY2022 hcp Contract With Customer Liability Revenue Recognized Net Of Change In Unbilled Accounts Receivable
ContractWithCustomerLiabilityRevenueRecognizedNetOfChangeInUnbilledAccountsReceivable
319161000 usd
CY2024Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
361553000 usd
CY2023Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
302244000 usd
CY2022Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
223289000 usd
CY2024 hcp Contract With Customer Liability Revenue Recognized1
ContractWithCustomerLiabilityRevenueRecognized1
584232000 usd
CY2023 hcp Contract With Customer Liability Revenue Recognized1
ContractWithCustomerLiabilityRevenueRecognized1
473844000 usd
CY2022 hcp Contract With Customer Liability Revenue Recognized1
ContractWithCustomerLiabilityRevenueRecognized1
319161000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1095000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
2045000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1608000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
583137000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
475889000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320769000 usd
CY2024 hcp Unbilled Accounts Receivable Balance
UnbilledAccountsReceivableBalance
P1Y
CY2024Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
3800000 usd
CY2023Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
4900000 usd
CY2024Q1 hcp Revenue Remaining Performance Obligation Amount1
RevenueRemainingPerformanceObligationAmount1
775800000 usd
CY2023Q1 hcp Revenue Remaining Performance Obligation Amount1
RevenueRemainingPerformanceObligationAmount1
647100000 usd
CY2024Q1 hcp Revenue Remaining Performance Obligation Percentage1
RevenueRemainingPerformanceObligationPercentage1
0.59
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1081000 usd
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
518000 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
0 usd
CY2024Q1 hcp Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
11118000 usd
CY2023Q1 hcp Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
6783000 usd
CY2023Q1 hcp Revenue Remaining Performance Obligation Percentage1
RevenueRemainingPerformanceObligationPercentage1
0.58
CY2024Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2024Q1 hcp Contract With Customer Deposits Within The Next12 Months
ContractWithCustomerDepositsWithinTheNext12Months
22882000 usd
CY2023Q1 hcp Contract With Customer Deposits Within The Next12 Months
ContractWithCustomerDepositsWithinTheNext12Months
22657000 usd
CY2024Q1 hcp Contract With Customer Deposits After The Next12 Months
ContractWithCustomerDepositsAfterTheNext12Months
2745000 usd
CY2023Q1 hcp Contract With Customer Deposits After The Next12 Months
ContractWithCustomerDepositsAfterTheNext12Months
4042000 usd
CY2024Q1 hcp Contract With Customer Deposits
ContractWithCustomerDeposits
25627000 usd
CY2023Q1 hcp Contract With Customer Deposits
ContractWithCustomerDeposits
26699000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
447001000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
446902000 usd
CY2024Q1 hcp Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date Year One Through Three
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateYearOneThroughThree
68055000 usd
CY2024Q1 hcp Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date Year One Through Three
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateYearOneThroughThree
68261000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
515056000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
515163000 usd
CY2024Q1 hcp Fair Value Asset Level1 To Level2 Transfers Amount
FairValueAssetLevel1ToLevel2TransfersAmount
0 usd
CY2023Q1 hcp Fair Value Asset Level1 To Level2 Transfers Amount
FairValueAssetLevel1ToLevel2TransfersAmount
0 usd
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
18000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
518000 usd
CY2024Q1 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
-300000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49737000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
32875000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15804000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8281000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33933000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24594000 usd
CY2024 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7600000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4500000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2500000 usd
CY2024 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
16100000 usd
CY2023 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
13000000 usd
CY2024 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
6400000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3400000 usd
CY2024Q1 hcp Business Combination Liabilities Incurred Current
BusinessCombinationLiabilitiesIncurredCurrent
3554000 usd
CY2023Q1 hcp Business Combination Liabilities Incurred Current
BusinessCombinationLiabilitiesIncurredCurrent
0 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1969000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3552000 usd
CY2024Q1 hcp Customer Overpayment Current
CustomerOverpaymentCurrent
2058000 usd
CY2023Q1 hcp Customer Overpayment Current
CustomerOverpaymentCurrent
670000 usd
CY2024Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1841000 usd
CY2023Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1480000 usd
CY2024Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1178000 usd
CY2022 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2023 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2024Q1 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
15366000 usd
CY2023Q1 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
16932000 usd
CY2024Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
4028000 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
3220000 usd
CY2024Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
21446000 usd
CY2023Q1 us-gaap Accrued Vacation Current
AccruedVacationCurrent
20614000 usd
CY2024Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
8911000 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
11574000 usd
CY2024Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
3293000 usd
CY2023Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
4247000 usd
CY2024Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2963000 usd
CY2023Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2041000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
56007000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58628000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
124098000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
89331000 usd
CY2021Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
50245000 usd
CY2024 hcp Capitalization Of Contract Acquisition Costs
CapitalizationOfContractAcquisitionCosts
60754000 usd
CY2023 hcp Capitalization Of Contract Acquisition Costs
CapitalizationOfContractAcquisitionCosts
78146000 usd
CY2022 hcp Capitalization Of Contract Acquisition Costs
CapitalizationOfContractAcquisitionCosts
64834000 usd
CY2024 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
54512000 usd
CY2023 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
43379000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
25748000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
130340000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
124098000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
89331000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
50285000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
42812000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
32205000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
80055000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
81286000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
57126000 usd
CY2024Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
130340000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
124098000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
89331000 usd
CY2024 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
654000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
320000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
333000 usd
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
3647000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
3512000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
3106000 usd
CY2024 us-gaap Lease Cost
LeaseCost
4301000 usd
CY2023 us-gaap Lease Cost
LeaseCost
3832000 usd
CY2022 us-gaap Lease Cost
LeaseCost
3439000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4646000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4256000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4285000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1852000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
447000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
15486000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1453000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
14033000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4025000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10008000 usd
CY2024 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2024Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1800000 usd
CY2024Q1 hcp Hosting Infrastructure Commitments To Be Paid Year One
HostingInfrastructureCommitmentsToBePaidYearOne
7093000 usd
CY2024Q1 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
10496000 usd
CY2024Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
17589000 usd
CY2024Q1 hcp Hosting Infrastructure Commitments To Be Paid Year Two
HostingInfrastructureCommitmentsToBePaidYearTwo
2907000 usd
CY2024Q1 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
1329000 usd
CY2024Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
4236000 usd
CY2024Q1 hcp Hosting Infrastructure Commitments Payment Due Year Three
HostingInfrastructureCommitmentsPaymentDueYearThree
0 usd
CY2024Q1 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
231000 usd
CY2024Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
231000 usd
CY2024Q1 hcp Hosting Infrastructure Commitments Payments Due
HostingInfrastructureCommitmentsPaymentsDue
10000000 usd
CY2024Q1 us-gaap Other Commitment
OtherCommitment
12056000 usd
CY2024Q1 us-gaap Purchase Obligation
PurchaseObligation
22056000 usd
CY2024Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
47489000 shares
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
45377000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
6350960 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.46
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1100000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4600000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6500000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
67600000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
94100000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
168300000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
170617000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
171161000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
200568000 usd
CY2024 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4785000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4207000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3562000 usd
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
175402000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
175368000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
204130000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
200000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1300000 usd
CY2024 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y2M12D
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-190668000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-274298000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-290138000 usd
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
193825000 shares
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193825000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
186029000 shares
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.48
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.48
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19868000 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22664000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23497000 shares
CY2023Q2 hcp Restructuring And Related Cost Expected Number Of Positions Eliminated Percent
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminatedPercent
0.08
CY2024 us-gaap Restructuring Charges
RestructuringCharges
7300000 usd
CY2024 us-gaap Restructuring Charges
RestructuringCharges
7300000 usd
CY2024 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2100000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-198734000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-279675000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-294299000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
9105000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6390000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5147000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-189629000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-273285000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-289152000 usd
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
22000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
163000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
54000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
48000 usd
CY2024 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1326000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1118000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1125000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1511000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1172000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1173000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-415000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2024 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-57000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-159000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-187000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-472000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-159000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-187000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1039000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1013000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
986000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.051
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.045
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.082
CY2024 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.006
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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