2019 Q4 Form 10-Q Financial Statement

#000138282119000152 Filed on November 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $233.2M $238.7M $140.3M
YoY Change 87.91% 70.18% 28.11%
Cost Of Revenue $193.6M $185.3M $97.95M
YoY Change 97.75% 89.18% 39.6%
Gross Profit $39.60M $53.38M $42.31M
YoY Change 51.15% 26.17% 7.61%
Gross Profit Margin 16.98% 22.36% 30.16%
Selling, General & Admin $46.40M $27.14M $24.71M
YoY Change 19.9% 9.85% 40.51%
% of Gross Profit 117.17% 50.85% 58.4%
Research & Development $18.80M $14.31M
YoY Change 31.38% 24.62%
% of Gross Profit 35.22% 33.83%
Depreciation & Amortization $2.860M $2.453M $2.099M
YoY Change 21.7% 16.87% 26.07%
% of Gross Profit 7.22% 4.6% 4.96%
Operating Expenses $46.40M $45.94M $39.02M
YoY Change 19.9% 17.75% 34.23%
Operating Profit -$6.800M $7.436M $3.289M
YoY Change -45.6% 126.09% -67.9%
Interest Expense -$1.000M $2.274M $1.610M
YoY Change -433.33% 41.24%
% of Operating Profit 30.58% 48.95%
Other Income/Expense, Net $100.0K $44.00K $0.00
YoY Change -100.0%
Pretax Income -$7.800M $6.800M $3.500M
YoY Change -36.07% 94.29% -66.98%
Income Tax
% Of Pretax Income
Net Earnings -$7.800M $6.782M $3.475M
YoY Change -36.07% 95.17% -67.09%
Net Earnings / Revenue -3.34% 2.84% 2.48%
Basic Earnings Per Share $0.07 $0.04
Diluted Earnings Per Share -$84.32K $0.07 $0.04
COMMON SHARES
Basic Shares Outstanding 92.26M shares 91.99M shares 87.74M shares
Diluted Shares Outstanding 97.17M shares 94.64M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $304.7M $271.3M $449.0M
YoY Change -29.56% -39.58% 110.11%
Cash & Equivalents $234.7M $209.2M $449.0M
Short-Term Investments $70.03M $62.10M
Other Short-Term Assets $3.496M $5.763M $989.0K
YoY Change 51.54% 482.71% -82.41%
Inventory $74.59M $105.5M $25.16M
Prepaid Expenses $14.82M $8.391M $5.933M
Receivables $19.22M $24.43M $13.25M
Other Receivables $22.00M $22.30M $5.900M
Total Short-Term Assets $451.6M $447.6M $512.2M
YoY Change -9.0% -12.62% 106.57%
LONG-TERM ASSETS
Property, Plant & Equipment $39.58M $37.56M $23.36M
YoY Change 57.13% 60.78% 8.15%
Goodwill $9.186M $9.186M
YoY Change 0.0% 0.0%
Intangibles $11.50M $2.928M
YoY Change -4.07% -14.29%
Long-Term Investments $31.00M $38.50M
YoY Change
Other Assets $10.56M $11.24M $7.248M
YoY Change 12.37% 55.08% 4.57%
Total Long-Term Assets $144.6M $144.4M $42.72M
YoY Change 210.52% 238.04% 3.87%
TOTAL ASSETS
Total Short-Term Assets $451.6M $447.6M $512.2M
Total Long-Term Assets $144.6M $144.4M $42.72M
Total Assets $596.2M $592.0M $554.9M
YoY Change 9.84% 6.68% 91.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.122M $3.173M $2.601M
YoY Change -15.66% 21.99% -22.2%
Accrued Expenses $38.02M $50.87M $37.53M
YoY Change 23.3% 35.53% 24.27%
Deferred Revenue $7.109M
YoY Change 14.18%
Short-Term Debt $25.70M $22.00M $5.800M
YoY Change 446.81% 279.31% 728.57%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $85.18M $93.05M $59.78M
YoY Change 84.3% 55.65% 32.22%
LONG-TERM LIABILITIES
Long-Term Debt $119.7M $118.2M $112.1M
YoY Change 5.37% 5.44%
Other Long-Term Liabilities $59.90M $53.10M $10.30M
YoY Change 439.64% 415.53% -0.96%
Total Long-Term Liabilities $179.6M $171.3M $122.4M
YoY Change 44.03% 39.95% 1076.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $85.18M $93.05M $59.78M
Total Long-Term Liabilities $179.6M $171.3M $122.4M
Total Liabilities $264.8M $264.3M $182.2M
YoY Change 54.94% 45.07% 227.78%
SHAREHOLDERS EQUITY
Retained Earnings -$251.8M -$244.0M -$158.8M
YoY Change 47.26% 53.69% 24.81%
Common Stock $93.00K $92.00K $89.00K
YoY Change 3.33% 3.37% 9.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $331.4M $327.7M $372.7M
YoY Change
Total Liabilities & Shareholders Equity $596.2M $592.0M $554.9M
YoY Change 9.84% 6.68% 91.96%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$7.800M $6.782M $3.475M
YoY Change -36.07% 95.17% -67.09%
Depreciation, Depletion And Amortization $2.860M $2.453M $2.099M
YoY Change 21.7% 16.87% 26.07%
Cash From Operating Activities $25.03M $10.97M $5.430M
YoY Change -257.52% 102.03% -50.27%
INVESTING ACTIVITIES
Capital Expenditures -$2.710M -$3.320M -$1.480M
YoY Change -2.17% 124.32% 39.62%
Acquisitions
YoY Change
Other Investing Activities -$220.0K -$29.95M $0.00
YoY Change -89.0% -100.0%
Cash From Investing Activities -$2.930M -$33.26M -$1.480M
YoY Change -38.57% 2147.3% 80.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.130M -17.72M 245.3M
YoY Change -606.61% -107.22% 67.6%
NET CHANGE
Cash From Operating Activities 25.03M 10.97M 5.430M
Cash From Investing Activities -2.930M -33.26M -1.480M
Cash From Financing Activities 6.130M -17.72M 245.3M
Net Change In Cash 28.23M -40.01M 249.3M
YoY Change -229.08% -116.05% 59.31%
FREE CASH FLOW
Cash From Operating Activities $25.03M $10.97M $5.430M
Capital Expenditures -$2.710M -$3.320M -$1.480M
Free Cash Flow $27.74M $14.29M $6.910M
YoY Change -311.43% 106.8% -42.32%

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6123000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19792000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14472000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4674000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1128000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
4727000 USD
rdfn Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
0 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-401000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9071000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-80000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
82766000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21779000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
82000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1808000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
579000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
702000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
18994000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
11357000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-5207000 USD
rdfn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
0 USD
rdfn Increase Decreasein Deferred Lease Liability
IncreaseDecreaseinDeferredLeaseLiability
112000 USD
rdfn Increase Decreasein Deferred Lease Liability
IncreaseDecreaseinDeferredLeaseLiability
-913000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
285182000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
56157000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
267850000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
52127000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-132638000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-20808000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12821000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5528000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
106063000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1005000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4900000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-112979000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5528000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10869000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
17314000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2856000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
705000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
280129000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
54806000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
262875000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
51031000 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
637000 USD
rdfn Proceeds From Customer Escrow Deposits
ProceedsFromCustomerEscrowDeposits
7684000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
138953000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
107593000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
152000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25752000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
274614000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-219837000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
248278000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
439055000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212658000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219218000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
460936000 USD
us-gaap Interest Paid Net
InterestPaidNet
2460000 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
931000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
363000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
404000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
4298000 USD
rdfn Leasehold Improvements Paid Directly By Lessor
LeaseholdImprovementsPaidDirectlyByLessor
926000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
225613000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2976000 USD
CY2018Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
478000 USD
CY2018Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4836336 shares
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2018Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
107593000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
27951000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
5617000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
3475000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
372748000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
312245000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1897000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1064000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
7880000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
327721000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
235430000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3672000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13728000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
705000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
107593000 USD
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
27951000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
14835000 USD
us-gaap Net Income Loss
NetIncomeLoss
-29756000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
372748000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
371938000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3246000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7667000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2856000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
20723000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
327721000 USD
rdfn Number Of Types Of Investments
NumberOfTypesOfInvestments
2 investment_type
us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:125%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;color:#231f20;font-weight:bold;">Use of Estimates</span><span style="font-family:Arial;font-size:10pt;color:#231f20;">—</span><span style="font-family:Arial;font-size:10pt;">The preparation of consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and results of operations during the respective periods. The Company evaluates its estimates on an ongoing basis. During the </span><span style="font-family:Arial;font-size:10pt;">nine months ended</span><span style="font-family:Arial;font-size:10pt;"> </span><span style="font-family:Arial;font-size:10pt;color:#231f20;">September 30, 2019</span><span style="font-family:Arial;font-size:10pt;">, the estimated useful life of capitalized software for internal use was updated from </span><span style="font-family:Arial;font-size:10pt;">one</span><span style="font-family:Arial;font-size:10pt;"> to </span><span style="font-family:Arial;font-size:10pt;"><span>two years</span></span><span style="font-family:Arial;font-size:10pt;">. This change in estimate was not material. In addition, with the adoption of Accounting Standards Codification Topic 842, </span><span style="font-family:Arial;font-size:10pt;font-style:italic;">Leases</span><span style="font-family:Arial;font-size:10pt;">, the Company estimated its incremental borrowing rate for the determination of the present value of lease payments. Further description of the impact of this pronouncement is included in Note 6. The amounts ultimately realized from the affected assets or liabilities will depend on, among other factors, general business conditions and could differ materially in the near term from the carrying amounts reflected in the consolidated financial statements.</span></div><div style="line-height:125%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div>
CY2018Q4 rdfn Paymentsto Acquire Equity Securities Fvni
PaymentstoAcquireEquitySecuritiesFVNI
2000000 USD
CY2019Q3 us-gaap Advertising Expense
AdvertisingExpense
5279000 USD
CY2018Q3 us-gaap Advertising Expense
AdvertisingExpense
5936000 USD
us-gaap Advertising Expense
AdvertisingExpense
59357000 USD
us-gaap Advertising Expense
AdvertisingExpense
29167000 USD
CY2019Q3 rdfn Advertising Production Costs
AdvertisingProductionCosts
17000 USD
CY2018Q3 rdfn Advertising Production Costs
AdvertisingProductionCosts
7000 USD
rdfn Advertising Production Costs
AdvertisingProductionCosts
166000 USD
rdfn Advertising Production Costs
AdvertisingProductionCosts
20000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
238683000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
140255000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
546605000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
362791000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
185306000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
97950000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
442127000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
269576000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
53377000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
42305000 USD
us-gaap Gross Profit
GrossProfit
104478000 USD
us-gaap Gross Profit
GrossProfit
93215000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
45941000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
39016000 USD
us-gaap Operating Expenses
OperatingExpenses
176913000 USD
us-gaap Operating Expenses
OperatingExpenses
124643000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1576000 USD
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1775000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5804000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
3082000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
2274000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
1610000 USD
us-gaap Interest Expense
InterestExpense
6564000 USD
us-gaap Interest Expense
InterestExpense
1610000 USD
CY2019Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
44000 USD
CY2018Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
21000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
172000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
3475000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
us-gaap Net Income Loss
NetIncomeLoss
-29756000 USD
CY2019Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
24703000 USD
CY2018Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
13411000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
269000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
157000 USD
CY2019Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
24434000 USD
CY2018Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
13254000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
166000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
160000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
128000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
25000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
26000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
269000 USD
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
157000 USD
CY2019Q3 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
62911000 USD
CY2018Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
12649000 USD
CY2019Q3 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
6653000 USD
CY2018Q4 rdfn Inventory Real Estate Not Available For Sale
InventoryRealEstateNotAvailableForSale
2328000 USD
CY2019Q3 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
35896000 USD
CY2018Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
7717000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
105460000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
22694000 USD
CY2019Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
272000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
190000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
22694000 USD
rdfn Inventory Net Additions
InventoryNetAdditions
213813000 USD
rdfn Inventory Net Transferred To Cost Of Revenue
InventoryNetTransferredToCostOfRevenue
130965000 USD
us-gaap Inventory Write Down
InventoryWriteDown
82000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
105460000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
64287000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
46717000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26727000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21530000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
37560000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25187000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
2453000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
2099000 USD
us-gaap Depreciation
Depreciation
6018000 USD
us-gaap Depreciation
Depreciation
5757000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2894000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
8389000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
399000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1889000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2013000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14437000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14111000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13409000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12533000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
27757000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
84260000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21470000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
62790000 USD
rdfn Operating Lease Capitalized Interest Expense
OperatingLeaseCapitalizedInterestExpense
9050000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
us-gaap Operating Lease Payments
OperatingLeasePayments
7040000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
50263000 USD
CY2019Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
26796000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14437000 USD
CY2019Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
3726000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2013000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14111000 USD
CY2019Q3 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
1173000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13409000 USD
CY2019Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
1138000 USD
CY2019Q3 rdfn Lessee Operating Lease Liability Payments Due Year Fiveand Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveandThereafter
40290000 USD
CY2019Q3 rdfn Other Commitment Duein Fifth Yearand Thereafter
OtherCommitmentDueinFifthYearandThereafter
0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
84260000 USD
CY2019Q3 us-gaap Other Commitment
OtherCommitment
32833000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4880000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2440000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2440000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4880000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2074000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2806000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
366000 USD
CY2019Q3 rdfn Finite Lived Intangible Assets Amortization Expense Next Five Years
FiniteLivedIntangibleAssetsAmortizationExpenseNextFiveYears
2440000 USD
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
40234000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22862000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10633000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7975000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
50867000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
30837000 USD
CY2019Q3 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
6863000 USD
CY2018Q4 us-gaap Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
6226000 USD
CY2019Q3 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
294000 USD
CY2018Q4 rdfn Miscellaneous Other Payables Current
MiscellaneousOtherPayablesCurrent
318000 USD
CY2019Q3 rdfn Other Payables Current
OtherPayablesCurrent
7157000 USD
CY2018Q4 rdfn Other Payables Current
OtherPayablesCurrent
6544000 USD
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
9435349 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.48
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y21D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
74669 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
150000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
27.50
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1397074 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
81826 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.16
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
4278 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.22
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8102171 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.01
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y7M2D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
81204 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7100240 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.30
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M25D
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
74839 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
4092000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7510000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5498000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19792000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14473000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
6782000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
3475000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73023000 USD
us-gaap Net Income Loss
NetIncomeLoss
-29756000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91994731 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87743223 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91279086 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84327266 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5176539 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6899240 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.35
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97171270 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94642463 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91279086 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84327266 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.35
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1744366 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
238668 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12922524 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12466311 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2017Q1 rdfn Operating Loss Carryforwards Limitations On Use Value
OperatingLossCarryforwardsLimitationsOnUseValue
1538000 USD

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