2019 Q4 Form 10-K Financial Statement

#000168285220000006 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q1 2019
Revenue $14.06M $16.03M $60.00M
YoY Change -60.32% -44.82% -55.58%
Cost Of Revenue $0.00
YoY Change
Gross Profit $60.00M
YoY Change -55.58%
Gross Profit Margin 100.0%
Selling, General & Admin $25.60M $27.30M $109.6M
YoY Change -32.63% 67.48% 16.22%
% of Gross Profit 182.67%
Research & Development $117.5M $130.4M $496.0M
YoY Change -21.88% 44.7% 9.23%
% of Gross Profit 826.67%
Depreciation & Amortization $9.000M $7.300M $31.00M
YoY Change 21.62% 40.38% 24.5%
% of Gross Profit 51.67%
Operating Expenses $144.6M $157.7M $605.9M
YoY Change -23.26% 48.13% 10.5%
Operating Profit -$130.6M -$141.6M -$546.0M
YoY Change -14.69% 82.99% 32.12%
Interest Expense $6.200M $9.400M $32.20M
YoY Change 3.33% 80.77% 34.17%
% of Operating Profit
Other Income/Expense, Net -$400.0K -$1.931M -$8.000M
YoY Change -107.02% 955.19% -535.97%
Pretax Income -$123.3M -$132.6M -$515.0M
YoY Change -12.74% 83.21% 35.36%
Income Tax -$200.0K -$24.00K -$1.000M
% Of Pretax Income
Net Earnings -$123.1M -$132.6M -$514.0M
YoY Change -12.94% 83.18% 33.6%
Net Earnings / Revenue -875.84% -827.31% -856.67%
Basic Earnings Per Share -$1.55
Diluted Earnings Per Share -$368.1K -$403.3K -$1.55
COMMON SHARES
Basic Shares Outstanding 333.3M shares 329.0M shares 331.0M shares
Diluted Shares Outstanding 331.0M shares

Balance Sheet

Concept 2019 Q4 2019 Q1 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.103B $1.109B $1.103B
YoY Change -27.49% -27.5%
Cash & Equivalents $236.0M $502.9M $235.9M
Short-Term Investments $867.1M $606.0M $867.1M
Other Short-Term Assets $9.000M $8.000M $9.500M
YoY Change -18.18% -13.64%
Inventory $0.00
Prepaid Expenses $8.475M $7.895M
Receivables $5.369M $8.948M $5.400M
Other Receivables $11.00M $17.00M $10.90M
Total Short-Term Assets $1.129B $1.141B $1.129B
YoY Change -27.78% -27.78%
LONG-TERM ASSETS
Property, Plant & Equipment $288.0M $209.5M $287.9M
YoY Change 35.86% 35.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $160.0M $438.0M $160.0M
YoY Change -7.51% -7.51%
Other Assets $1.931M $2.438M $12.70M
YoY Change -26.97% -10.56%
Total Long-Term Assets $460.6M $879.1M $460.6M
YoY Change 15.4% 15.41%
TOTAL ASSETS
Total Short-Term Assets $1.129B $1.141B $1.129B
Total Long-Term Assets $460.6M $879.1M $460.6M
Total Assets $1.589B $2.020B $1.589B
YoY Change -19.0% -18.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.090M $38.51M $7.100M
YoY Change -77.28% -77.24%
Accrued Expenses $67.65M $42.18M $71.20M
YoY Change -14.44% -9.99%
Deferred Revenue $63.31M $81.78M
YoY Change -41.95%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $143.1M $159.2M $143.1M
YoY Change -35.77% -35.77%
LONG-TERM LIABILITIES
Long-Term Debt $39.00M $33.00M $38.70M
YoY Change 18.18% 15.52%
Other Long-Term Liabilities $138.0K $213.0K $232.8M
YoY Change -46.51% 32.57%
Total Long-Term Liabilities $138.0K $213.0K $271.5M
YoY Change -46.51% 29.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $143.1M $159.2M $143.1M
Total Long-Term Liabilities $138.0K $213.0K $271.5M
Total Liabilities $414.6M $360.2M $414.6M
YoY Change -4.0% -4.01%
SHAREHOLDERS EQUITY
Retained Earnings -$1.496B -$982.4M
YoY Change 48.66%
Common Stock $34.00K $33.00K
YoY Change 3.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.175B $1.442B $1.175B
YoY Change
Total Liabilities & Shareholders Equity $1.589B $2.020B $1.589B
YoY Change -19.0% -18.99%

Cashflow Statement

Concept 2019 Q4 2019 Q1 2019
OPERATING ACTIVITIES
Net Income -$123.1M -$132.6M -$514.0M
YoY Change -12.94% 83.18% 33.6%
Depreciation, Depletion And Amortization $9.000M $7.300M $31.00M
YoY Change 21.62% 40.38% 24.5%
Cash From Operating Activities -$99.10M -$144.3M -$459.0M
YoY Change 8.78% 29.52% 38.73%
INVESTING ACTIVITIES
Capital Expenditures -$6.700M $7.595M $32.00M
YoY Change -51.09% -76.2% -69.74%
Acquisitions
YoY Change
Other Investing Activities $137.0M -$4.200M $16.60M
YoY Change 591.92% -99.07% -106.21%
Cash From Investing Activities $130.4M -$11.76M -$15.00M
YoY Change 2003.23% -97.57% -95.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.80M $293.0K $52.00M
YoY Change -94.65% -99.95% -95.76%
NET CHANGE
Cash From Operating Activities -99.10M -$144.3M -$459.0M
Cash From Investing Activities 130.4M -$11.76M -$15.00M
Cash From Financing Activities 30.80M $293.0K $52.00M
Net Change In Cash 62.10M -$155.7M -$422.0M
YoY Change -87.35% 245.35% -180.71%
FREE CASH FLOW
Cash From Operating Activities -$99.10M -$144.3M -$459.0M
Capital Expenditures -$6.700M $7.595M $32.00M
Free Cash Flow -$92.40M -$151.9M -$491.0M
YoY Change 19.38% 5.98% 12.45%

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505000 USD
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161911000 USD
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CY2019Q4 us-gaap Common Stock Shares Outstanding
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CY2018Q4 us-gaap Common Stock Value
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33000 USD
CY2019Q4 us-gaap Common Stock Value
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34000 USD
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CY2018 us-gaap Comprehensive Income Net Of Tax
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-384897000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
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-510897000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
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4612000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
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1972000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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240924000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
199528000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
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109056000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
63310000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
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81775000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
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165352000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
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138995000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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172000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
352000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
505000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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82800000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
400000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
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25 security
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
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0 security
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1200000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1200000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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15228000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
36515000 USD
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
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10006000 USD
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71209000 USD
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
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53475000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
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323501000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
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507268000 USD
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0 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
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0 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
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15228000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
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36515000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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114932000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
268173000 USD
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2870000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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11000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
53617000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
77222000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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33138000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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43978000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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16443000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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7377000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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308273000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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470753000 USD
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15228000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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8959000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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2100000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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2100000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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4200000 USD
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.5
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0.06
CY2017 us-gaap Depreciation Depletion And Amortization
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20537000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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20500000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24900000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24862000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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31000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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31021000 USD
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-4.18
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-1.32
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-1.14
CY2018 us-gaap Earnings Per Share Basic And Diluted
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-4.95
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-0.40
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-0.41
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-0.37
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-0.37
CY2019 us-gaap Earnings Per Share Basic And Diluted
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-1.55
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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0.000
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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-0.001
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.204
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.285
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.330
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-0.250
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.002
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.013
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.016
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0.005
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.002
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.085
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.079
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.048
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.025
CY2018Q4 us-gaap Employee Related Liabilities Current
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23406000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
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27428000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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194800000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P3Y1M
CY2019 us-gaap Finance Lease Interest Expense
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6557000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
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5585000 USD
CY2019Q4 us-gaap Finance Lease Liability
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38689000 USD
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38689000 USD
CY2019Q1 us-gaap Finance Lease Liability Noncurrent
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37718000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
294448000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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264156000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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5738000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
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6387000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
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6219000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
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6054000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
5894000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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255759000 USD
CY2019 us-gaap Finance Lease Principal Payments
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971000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
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9544000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9853000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
309000 USD
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.172
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P33Y0M
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-891000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-316000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-514716000 USD
CY2017 us-gaap General And Administrative Expense
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64722000 USD
CY2018 us-gaap General And Administrative Expense
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94252000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-6121000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-255996000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-384408000 USD
CY2019 us-gaap General And Administrative Expense
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109620000 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-247784000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-380473000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-508595000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-8212000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3935000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
326000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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398000 USD
CY2018 us-gaap Income Taxes Paid Net
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294000 USD
CY2019 us-gaap Income Taxes Paid Net
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416000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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-12766000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
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15017000 USD
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-23964000 USD
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-1476000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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-195000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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-6654000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable Related Parties
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1370000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable Related Parties
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-637000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-562000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
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34369000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities
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8787000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
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-3362000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
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-162321000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
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-65260000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
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-44119000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
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-145000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
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910000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
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-6169000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-579000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5289000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-9751000 USD
CY2017 us-gaap Interest Paid Net
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0 USD
CY2018 us-gaap Interest Paid Net
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2998000 USD
CY2019 us-gaap Interest Paid Net
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0 USD
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7909000 USD
CY2019Q4 us-gaap Interest Receivable Current
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6835000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
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1589422000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
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2019962000 USD
CY2018Q4 us-gaap Liabilities Current
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222803000 USD
CY2019Q4 us-gaap Liabilities Current
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143115000 USD
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168000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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1226842000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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51121000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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417364000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-14945000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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-331484000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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-330865000 USD
CY2017 us-gaap Investment Income Interest
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15235000 USD
CY2018 us-gaap Investment Income Interest
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27023000 USD
CY2019 us-gaap Investment Income Interest
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38530000 USD
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-1086000 USD
CY2018 us-gaap Investment Income Net Amortization Of Discount And Premium
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1866000 USD
CY2019 us-gaap Investment Income Net Amortization Of Discount And Premium
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3742000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
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173009000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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103439000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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12563000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
14708000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14365000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14120000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13814000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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75750000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
431908000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
414612000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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1962149000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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-458968000 USD
CY2017 us-gaap Net Income Loss
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-255916000 USD
CY2017 us-gaap Net Income Loss
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-255900000 USD
CY2018 us-gaap Net Income Loss
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CY2018 us-gaap Net Income Loss
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-384700000 USD
CY2019 us-gaap Net Income Loss
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-514021000 USD
CY2019 us-gaap Net Income Loss
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-514000000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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-269841000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
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-401857000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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-514021000 USD
CY2019 us-gaap Number Of Operating Segments
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1 segment
CY2017 us-gaap Operating Expenses
OperatingExpenses
475181000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
106441000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
125866000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
127575000 USD
CY2018Q4 us-gaap Operating Expenses
OperatingExpenses
188452000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
548334000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
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CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
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CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
146861000 USD
CY2019Q4 us-gaap Operating Expenses
OperatingExpenses
144611000 USD
CY2019 us-gaap Operating Expenses
OperatingExpenses
605929000 USD
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-269356000 USD
CY2018Q1 us-gaap Operating Income Loss
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-77402000 USD
CY2018Q2 us-gaap Operating Income Loss
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-97015000 USD
CY2018Q3 us-gaap Operating Income Loss
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-85818000 USD
CY2018Q4 us-gaap Operating Income Loss
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-153031000 USD
CY2018 us-gaap Operating Income Loss
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CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-141640000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-143709000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-129815000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-130556000 USD
CY2019 us-gaap Operating Income Loss
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-545720000 USD
CY2019 us-gaap Operating Lease Cost
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17015000 USD
CY2019Q4 us-gaap Operating Lease Liability
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97259000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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3584000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
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6455000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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93675000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
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64250000 USD
CY2019 us-gaap Operating Lease Payments
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16121000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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86414000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
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63334000 USD
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0.097
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P12Y0M
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211769000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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17235000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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20208000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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20937000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
20404000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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112958000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
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20027000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
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18600000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
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19100000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
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2644000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
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1931000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-754000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-163000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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3124000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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412000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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31000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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323000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-342000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-132000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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3447000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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0 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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1148000 USD
CY2018Q4 us-gaap Other Liabilities Current
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3464000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5063000 USD
CY2019Q1 us-gaap Other Liabilities Current
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9331000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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258000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
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138000 USD
CY2017 us-gaap Other Nonoperating Income Expense
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-1875000 USD
CY2018 us-gaap Other Nonoperating Income Expense
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1835000 USD
CY2019 us-gaap Other Nonoperating Income Expense
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-7526000 USD
CY2017 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
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0 USD
CY2018 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
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0 USD
CY2019 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
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0 USD
CY2017 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
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0 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
8182000 USD
CY2019 us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
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0 USD
CY2017 us-gaap Payments Of Capital Distribution
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1483000 USD
CY2018 us-gaap Payments Of Capital Distribution
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0 USD
CY2019 us-gaap Payments Of Capital Distribution
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0 USD
CY2018 us-gaap Payments Of Stock Issuance Costs
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41322000 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities Debt
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727203000 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
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1227709000 USD
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1145226000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58401000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
105766000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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31554000 USD
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0.0001
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
CY2017 us-gaap Preferred Stock Redemption Premium
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0 USD
CY2018 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
4127000 USD
CY2019 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
162000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
162000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
162000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Preferred Stock Value
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0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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28399000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19403000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
28099000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10401000 USD
CY2019Q4 us-gaap Prepaid Expense Current
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8475000 USD
CY2017 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
563026000 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
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0 USD
CY2017 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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661111000 USD
CY2019 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
0 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
800438000 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
783373000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
993181000 USD
CY2017 us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
0 USD
CY2018 us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
0 USD
CY2019 us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
2891000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
402530000 USD
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
177008000 USD
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
168654000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47200000 USD
CY2017 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
212000 USD
CY2018 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1427000 USD
CY2019 us-gaap Proceeds From Stock Plans
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47259000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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276433000 USD
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211977000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
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209494000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
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2 campus
CY2017 us-gaap Provision For Doubtful Accounts
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0 USD
CY2018 us-gaap Provision For Doubtful Accounts
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0 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2018 us-gaap Reclassifications Of Temporary To Permanent Equity
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1833561000 USD
CY2017 us-gaap Redeemable Preferred Stock Dividends
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13925000 USD
CY2018 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
12996000 USD
CY2019 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
410459000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
454082000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
496309000 USD
CY2018Q4 us-gaap Restricted Cash Current
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595000 USD
CY2019Q4 us-gaap Restricted Cash Current
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1032000 USD
CY2018Q4 us-gaap Restricted Cash Noncurrent
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11532000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
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10791000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1500000000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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60209000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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249500000 USD
CY2017 us-gaap Revenues
Revenues
205825000 USD
CY2018Q1 us-gaap Revenues
Revenues
29039000 USD
CY2018Q2 us-gaap Revenues
Revenues
28851000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q3 us-gaap Revenues
Revenues
41757000 USD
CY2018Q4 us-gaap Revenues
Revenues
35421000 USD
CY2018 us-gaap Revenues
Revenues
135068000 USD
CY2019Q1 us-gaap Revenues
Revenues
16025000 USD
CY2019Q2 us-gaap Revenues
Revenues
13083000 USD
CY2019Q3 us-gaap Revenues
Revenues
17046000 USD
CY2019Q4 us-gaap Revenues
Revenues
14055000 USD
CY2019 us-gaap Revenues
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60209000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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34014000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
40055000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
72565000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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22872221 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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10.13
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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100000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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5300000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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75600000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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5693179 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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11.35
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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220434000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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286310000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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50821132 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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45536915 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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12.16
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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13.82
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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70069000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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22664694 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
17.54
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.86
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.17
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.58
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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216241000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y11M
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y1M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y7M
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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2891000 USD
CY2018 us-gaap Stock Issued During Period Value New Issues
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563026000 USD
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212000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1427000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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47259000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1530241000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1174810000 USD
CY2018 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
0 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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1176661000 USD
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
1833561000 USD
CY2017Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
1209940000 USD
CY2018Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
1903887000 USD
CY2017Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
448686791 shares
CY2018Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
509352795 shares
CY2018Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
509352795 shares
CY2017Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
448686791 shares
CY2018Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2019Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2018Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
508539515 shares
CY2017Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
448686791 shares
CY2018Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2018Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
508539515 shares
CY2017Q4 us-gaap Unrecognized Tax Benefits
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940000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
141000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
141000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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799000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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162500000 USD
CY2019 us-gaap Variable Lease Cost
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4399000 USD
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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64497544 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81114183 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
330802136 shares
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that subject us to significant concentrations of credit risk consist primarily of cash, cash equivalents, restricted cash, marketable securities, and accounts receivable. Our investment portfolio comprises money market funds, marketable debt securities, including U.S. Treasury securities, debt securities of U.S. government agencies and corporate entities and commercial paper. Our cash management and investment policy limits investment instruments to investment-grade securities with the objective to preserve capital and to maintain liquidity until the funds can be used in business operations. Bank accounts in the United States are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. Our primary operating accounts significantly exceed the FDIC limits.</font></div></div>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have made estimates and judgments affecting the amounts reported in our consolidated financial statements and the accompanying notes. On an ongoing basis, we evaluate our estimates, including critical accounting policies or estimates related to revenue recognition, research and development expenses, income tax provisions, stock-based compensation, leases, and useful lives of long-lived assets. We base our estimates on historical experience and various relevant assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The actual results that we experience may differ materially from our estimates. Significant estimates relied upon in preparing these financial statements include, among others, those related to fair value of equity awards, revenue recognition, research and development expenses, leases, fair value of financial instruments, useful lives of property and equipment, income taxes, and our valuation allowance on our deferred tax assets.</font></div></div>

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