2021 Q4 Form 10-K Financial Statement

#000157322122000041 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $145.1M $467.7M $86.27M
YoY Change 68.22% 55.92% -6.28%
Cost Of Revenue $64.50M $194.2M $33.45M
YoY Change 92.82% 72.82% 7.28%
Gross Profit $80.63M $273.5M $52.82M
YoY Change 52.64% 45.8% -13.21%
Gross Profit Margin 55.56% 58.47% 61.23%
Selling, General & Admin $125.2M $176.4M $101.7M
YoY Change 23.08% 25.43% 19.11%
% of Gross Profit 155.29% 64.51% 192.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.691M $23.53M $5.180M
YoY Change 9.86% 24.87% 33.85%
% of Gross Profit 7.06% 8.6% 9.81%
Operating Expenses $125.2M $488.4M $101.7M
YoY Change 23.08% 35.52% 19.11%
Operating Profit -$44.58M -$214.9M -$48.91M
YoY Change -8.85% 24.36% 99.23%
Interest Expense -$6.041M $21.53M -$2.290M
YoY Change 163.8% 309.02% -240.49%
% of Operating Profit
Other Income/Expense, Net $1.000K $23.00K -$80.00K
YoY Change -101.25% -113.61%
Pretax Income -$52.22M -$236.1M -$51.28M
YoY Change 1.84% 34.33% 123.83%
Income Tax -$27.00K $56.00K $60.00K
% Of Pretax Income
Net Earnings -$52.20M -$236.1M -$51.34M
YoY Change 1.67% 34.28% 122.64%
Net Earnings / Revenue -35.97% -50.48% -59.51%
Basic Earnings Per Share -$2.58
Diluted Earnings Per Share -$563.3K -$2.58 -$578.0K
COMMON SHARES
Basic Shares Outstanding 92.39M shares 91.41M shares
Diluted Shares Outstanding 91.41M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $418.2M $418.2M $354.9M
YoY Change 17.84% 17.83% -2.31%
Cash & Equivalents $418.2M $139.4M $350.8M
Short-Term Investments $0.00 $0.00 $4.017M
Other Short-Term Assets $20.86M $20.86M $17.10M
YoY Change 21.98% 21.98% 23.91%
Inventory $71.02M $71.02M $42.32M
Prepaid Expenses
Receivables $7.767M $7.767M $7.213M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $517.8M $517.8M $421.5M
YoY Change 22.86% 22.85% 3.62%
LONG-TERM ASSETS
Property, Plant & Equipment $89.29M $234.6M $63.45M
YoY Change 40.71% 29.18% 13.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.535M $2.535M $2.050M
YoY Change 23.66% 20.71% -22.93%
Total Long-Term Assets $237.1M $237.1M $183.6M
YoY Change 29.13% 29.16% 213.96%
TOTAL ASSETS
Total Short-Term Assets $517.8M $517.8M $421.5M
Total Long-Term Assets $237.1M $237.1M $183.6M
Total Assets $754.9M $754.9M $605.1M
YoY Change 24.76% 24.76% 30.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.503M $4.503M $14.35M
YoY Change -68.61% -68.51% 28.56%
Accrued Expenses $71.04M $180.1M $57.05M
YoY Change 24.52% 36.13% 8.01%
Deferred Revenue $3.387M $1.617M
YoY Change 109.46% -66.08%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $188.0M $188.0M $148.3M
YoY Change 26.79% 26.76% 25.07%
LONG-TERM LIABILITIES
Long-Term Debt $348.4M $348.4M $149.2M
YoY Change 133.5% 133.5%
Other Long-Term Liabilities $2.291M $145.5M $1.284M
YoY Change 78.43% 24.96% -86.42%
Total Long-Term Liabilities $2.291M $493.8M $1.284M
YoY Change 78.43% 85.93% -86.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $188.0M $188.0M $148.3M
Total Long-Term Liabilities $2.291M $493.8M $1.284M
Total Liabilities $681.8M $681.8M $413.8M
YoY Change 64.76% 64.77% 223.29%
SHAREHOLDERS EQUITY
Retained Earnings -$768.1M -$532.0M
YoY Change 44.38% 49.36%
Common Stock $1.000K $1.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $73.13M $73.13M $191.3M
YoY Change
Total Liabilities & Shareholders Equity $754.9M $754.9M $605.1M
YoY Change 24.76% 24.76% 30.06%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$52.20M -$236.1M -$51.34M
YoY Change 1.67% 34.28% 122.64%
Depreciation, Depletion And Amortization $5.691M $23.53M $5.180M
YoY Change 9.86% 24.87% 33.85%
Cash From Operating Activities -$18.76M -$142.2M -$38.40M
YoY Change -51.14% 5.75% -1157.85%
INVESTING ACTIVITIES
Capital Expenditures -$9.679M $37.47M -$4.600M
YoY Change 110.41% 105.28% -59.11%
Acquisitions
YoY Change
Other Investing Activities $0.00 $4.000M $48.07M
YoY Change -100.0% -98.05% -123.66%
Cash From Investing Activities -$9.679M -$43.44M $43.46M
YoY Change -122.27% -124.4% -120.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.341M
YoY Change 140.84%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.805M $252.9M 2.700M
YoY Change -33.15% 65.5% 1073.91%
NET CHANGE
Cash From Operating Activities -18.76M -$142.2M -38.40M
Cash From Investing Activities -9.679M -$43.44M 43.46M
Cash From Financing Activities 1.805M $252.9M 2.700M
Net Change In Cash -26.64M $67.33M 7.760M
YoY Change -443.27% -65.72% -103.69%
FREE CASH FLOW
Cash From Operating Activities -$18.76M -$142.2M -$38.40M
Capital Expenditures -$9.679M $37.47M -$4.600M
Free Cash Flow -$9.085M -$179.6M -$33.80M
YoY Change -73.12% 17.65% -327.15%

Facts In Submission

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24322000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4000 USD
CY2020 us-gaap Net Income Loss
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CY2020Q4 us-gaap Stockholders Equity
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191293000 USD
CY2021 real Purchase Of Capped Calls
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33666000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 real Stock Issued During Period Value Common Stock Upon Vesting Of Restricted Stock Units Net Of Shares Withheld For Employee Taxes
StockIssuedDuringPeriodValueCommonStockUponVestingOfRestrictedStockUnitsNetOfSharesWithheldForEmployeeTaxes
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CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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2341000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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50246000 USD
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Net Income Loss
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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-175832000 USD
CY2019 us-gaap Profit Loss
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-98429000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23531000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18845000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13408000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
48802000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
24322000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
7711000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets
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-546000 USD
CY2019 real Reduction Of Operating Lease Right Of Use Assets
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0 USD
CY2021 us-gaap Provision For Doubtful Accounts
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1034000 USD
CY2020 us-gaap Provision For Doubtful Accounts
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903000 USD
CY2019 real Accrued Interest On Convertible Notes
AccruedInterestOnConvertibleNotes
0 USD
CY2021 real Reduction Of Operating Lease Right Of Use Assets
ReductionOfOperatingLeaseRightOfUseAssets
19439000 USD
CY2020 real Reduction Of Operating Lease Right Of Use Assets
ReductionOfOperatingLeaseRightOfUseAssets
16062000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1371000 USD
CY2021 real Compensation Expense Related To Stock Sales By Current And Former Employees
CompensationExpenseRelatedToStockSalesByCurrentAndFormerEmployees
0 USD
CY2020 real Compensation Expense Related To Stock Sales By Current And Former Employees
CompensationExpenseRelatedToStockSalesByCurrentAndFormerEmployees
0 USD
CY2019 real Compensation Expense Related To Stock Sales By Current And Former Employees
CompensationExpenseRelatedToStockSalesByCurrentAndFormerEmployees
819000 USD
CY2021 real Change In Fair Value Of Convertible Preferred Stock Warrant Liability
ChangeInFairValueOfConvertiblePreferredStockWarrantLiability
0 USD
CY2020 real Change In Fair Value Of Convertible Preferred Stock Warrant Liability
ChangeInFairValueOfConvertiblePreferredStockWarrantLiability
0 USD
CY2019 real Change In Fair Value Of Convertible Preferred Stock Warrant Liability
ChangeInFairValueOfConvertiblePreferredStockWarrantLiability
2100000 USD
CY2021 real Accrued Interest On Convertible Notes
AccruedInterestOnConvertibleNotes
950000 USD
CY2020 real Accrued Interest On Convertible Notes
AccruedInterestOnConvertibleNotes
216000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4108000 USD
CY2021 real Accretion Of Debt Discounts And Issuance Costs
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13989000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets
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-280000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2020 real Accretion Of Debt Discounts And Issuance Costs
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2399000 USD
CY2019 real Accretion Of Debt Discounts And Issuance Costs
AccretionOfDebtDiscountsAndIssuanceCosts
11000 USD
CY2021 real Amortization Of Premiums Discounts On Short Term Investments
AmortizationOfPremiumsDiscountsOnShortTermInvestments
-10000 USD
CY2020 real Amortization Of Premiums Discounts On Short Term Investments
AmortizationOfPremiumsDiscountsOnShortTermInvestments
86000 USD
CY2019 real Amortization Of Premiums Discounts On Short Term Investments
AmortizationOfPremiumsDiscountsOnShortTermInvestments
226000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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1588000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
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337000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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1579000 USD
CY2021 us-gaap Increase Decrease In Inventories
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28694000 USD
CY2020 us-gaap Increase Decrease In Inventories
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20405000 USD
CY2019 us-gaap Increase Decrease In Inventories
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11561000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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4009000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3443000 USD
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638000 USD
CY2020 us-gaap Increase Decrease In Other Current Assets
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CY2019 us-gaap Increase Decrease In Other Current Assets
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1026000 USD
CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2020 us-gaap Increase Decrease In Operating Lease Liability
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-12752000 USD
CY2019 us-gaap Increase Decrease In Operating Lease Liability
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0 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
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-9989000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
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2800000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6010000 USD
CY2021 real Increase Decrease In Accrued Consignor Payable
IncreaseDecreaseInAccruedConsignorPayable
13989000 USD
CY2020 real Increase Decrease In Accrued Consignor Payable
IncreaseDecreaseInAccruedConsignorPayable
4233000 USD
CY2019 real Increase Decrease In Accrued Consignor Payable
IncreaseDecreaseInAccruedConsignorPayable
17561000 USD
CY2021 us-gaap Increase Decrease In Other Accrued Liabilities
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30922000 USD
CY2020 us-gaap Increase Decrease In Other Accrued Liabilities
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7994000 USD
CY2019 us-gaap Increase Decrease In Other Accrued Liabilities
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10686000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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947000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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2762000 USD
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-134419000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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0 USD
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73280000 USD
CY2019 us-gaap Payments To Acquire Short Term Investments
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220609000 USD
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
4000000 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
278215000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
39281000 USD
CY2021 us-gaap Payments For Software
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9967000 USD
CY2020 us-gaap Payments For Software
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8678000 USD
CY2019 us-gaap Payments For Software
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9267000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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37470000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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18253000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24761000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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178004000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-215356000 USD
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0 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
315541000 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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0 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
43492000 USD
CY2021 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
CY2020 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
26283000 USD
CY2021 real Proceeds From Stock Options Exercised And Common Stock Warrants
ProceedsFromStockOptionsExercisedAndCommonStockWarrants
6009000 USD
CY2020 real Proceeds From Stock Options Exercised And Common Stock Warrants
ProceedsFromStockOptionsExercisedAndCommonStockWarrants
8859000 USD
CY2019 real Proceeds From Stock Options Exercised And Common Stock Warrants
ProceedsFromStockOptionsExercisedAndCommonStockWarrants
2729000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2341000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
972000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252913000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2021 real Payments Related To Tax Withholding For Restricted Stock Vesting
PaymentsRelatedToTaxWithholdingForRestrictedStockVesting
5000 USD
CY2020 real Payments Related To Tax Withholding For Restricted Stock Vesting
PaymentsRelatedToTaxWithholdingForRestrictedStockVesting
748000 USD
CY2019 real Payments Related To Tax Withholding For Restricted Stock Vesting
PaymentsRelatedToTaxWithholdingForRestrictedStockVesting
130000 USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
9250000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
152815000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
378665000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
67325000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
196400000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
108819000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
350846000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
154446000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
45627000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
6584000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
11000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
553000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
94000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
90000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
418171000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
350846000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
154446000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
102000 USD
CY2021 real Accretion Of Redeemable Convertible Preferred Stock To Redemption Value
AccretionOfRedeemableConvertiblePreferredStockToRedemptionValue
0 USD
CY2020 real Accretion Of Redeemable Convertible Preferred Stock To Redemption Value
AccretionOfRedeemableConvertiblePreferredStockToRedemptionValue
0 USD
CY2019 real Accretion Of Redeemable Convertible Preferred Stock To Redemption Value
AccretionOfRedeemableConvertiblePreferredStockToRedemptionValue
3355000 USD
CY2021 real Purchase Of Property And Equipment Included In Accounts Payable And Other Accrued And Current Liabilities
PurchaseOfPropertyAndEquipmentIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
1922000 USD
CY2020 real Purchase Of Property And Equipment Included In Accounts Payable And Other Accrued And Current Liabilities
PurchaseOfPropertyAndEquipmentIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
2638000 USD
CY2019 real Purchase Of Property And Equipment Included In Accounts Payable And Other Accrued And Current Liabilities
PurchaseOfPropertyAndEquipmentIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
4878000 USD
CY2021 real Purchases Of Capitalized Proprietary Software Development Costs Included In Accounts Payable And Other Accrued And Current Liabilities
PurchasesOfCapitalizedProprietarySoftwareDevelopmentCostsIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
1647000 USD
CY2020 real Purchases Of Capitalized Proprietary Software Development Costs Included In Accounts Payable And Other Accrued And Current Liabilities
PurchasesOfCapitalizedProprietarySoftwareDevelopmentCostsIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
338000 USD
CY2019 real Purchases Of Capitalized Proprietary Software Development Costs Included In Accounts Payable And Other Accrued And Current Liabilities
PurchasesOfCapitalizedProprietarySoftwareDevelopmentCostsIncludedInAccountsPayableAndOtherAccruedAndCurrentLiabilities
0 USD
CY2021 real Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
0 USD
CY2020 real Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
0 USD
CY2019 real Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
5333000 USD
CY2021 real Conversion Of Convertible Preferred Stock Warrants In Connection With Initial Public Offering
ConversionOfConvertiblePreferredStockWarrantsInConnectionWithInitialPublicOffering
0 USD
CY2020 real Conversion Of Convertible Preferred Stock Warrants In Connection With Initial Public Offering
ConversionOfConvertiblePreferredStockWarrantsInConnectionWithInitialPublicOffering
0 USD
CY2019 real Conversion Of Convertible Preferred Stock Warrants In Connection With Initial Public Offering
ConversionOfConvertiblePreferredStockWarrantsInConnectionWithInitialPublicOffering
2710000 USD
CY2021 real Issuance Costs Associated With Issuance Of Convertible Senior Notes Included In Other Accrued And Current Liabilities
IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities
0 USD
CY2020 real Issuance Costs Associated With Issuance Of Convertible Senior Notes Included In Other Accrued And Current Liabilities
IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities
469000 USD
CY2019 real Issuance Costs Associated With Issuance Of Convertible Senior Notes Included In Other Accrued And Current Liabilities
IssuanceCostsAssociatedWithIssuanceOfConvertibleSeniorNotesIncludedInOtherAccruedAndCurrentLiabilities
0 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1444000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2021 real Tax Withholding Liability For Restricted Stock
TaxWithholdingLiabilityForRestrictedStock
3000 USD
CY2020 real Tax Withholding Liability For Restricted Stock
TaxWithholdingLiabilityForRestrictedStock
0 USD
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019 real Tax Withholding Liability For Restricted Stock
TaxWithholdingLiabilityForRestrictedStock
0 USD
CY2019Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
315500000 USD
CY2019Q3 real Sale Of Stock Underwriting Discounts And Commissions
SaleOfStockUnderwritingDiscountsAndCommissions
24100000 USD
CY2019Q3 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
5300000 USD
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q3 real Temporary Equity Conversion To Common Stock
TemporaryEquityConversionToCommonStock
114960357 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
58363606 shares
CY2019Q3 real Common Stock Warrants Issued In Conversion
CommonStockWarrantsIssuedInConversion
103563 shares
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of expenses during the reporting period. Significant items subject to such estimates and assumptions include those related to revenue recognition, including the returns reserve, valuation of inventory, software development costs, stock-based compensation, incremental borrowing rates related to lease liability, fair value of the liability component of convertible senior notes, valuation of deferred taxes, and other contingencies. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could differ from those estimates.</span></div>
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 us-gaap Advertising Expense
AdvertisingExpense
46200000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
45800000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
40500000 USD
CY2021Q4 real Rights To Recover Products From Customers
RightsToRecoverProductsFromCustomers
9100000 USD
CY2020Q4 real Rights To Recover Products From Customers
RightsToRecoverProductsFromCustomers
7400000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
5300000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18800000 USD
CY2019Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
300000 USD
CY2019Q4 real Deferred Offering Cost Offset Against Proceeds From Initial Public Offering
DeferredOfferingCostOffsetAgainstProceedsFromInitialPublicOffering
5300000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risks</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents, restricted cash, accounts receivable, and investments. At times, such amount may exceed federally-insured limits. The Company reduces credit risk by placing its cash and cash equivalents, restricted cash, and investments with major financial institutions within the United States.</span></div>As of December 31, 2021 and December 31, 2020, there were no customers that represented 10% or more of the Company’s accounts receivable balance and there were no customers that individually exceeded 10% of the Company’s total revenue for each of the years ended December 31, 2021, 2020, and 2019.
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
418171000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
418171000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
350846000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
350846000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4006000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
11000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
0 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
300000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
4017000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
139634000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
105401000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
50348000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
41947000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
89286000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
63454000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23500000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13400000 USD
CY2021Q4 real Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
23577000 USD
CY2020Q4 real Accrued Returns Reserve Current
AccruedReturnsReserveCurrent
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CY2021Q4 us-gaap Accrued Salaries Current
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