2022 Form 10-K Financial Statement

#000146832722000047 Filed on April 14, 2022

View on sec.gov

Income Statement

Concept 2022 2021 Q1 2021
Revenue $203.3M $33.50M $157.5M
YoY Change 29.08% -54.61% -38.69%
Cost Of Revenue $61.90M $53.00M
YoY Change 16.79% -55.12%
Gross Profit $141.4M $104.5M
YoY Change 35.31% -24.71%
Gross Profit Margin 69.55% 66.35%
Selling, General & Admin $130.9M $18.90M $85.30M
YoY Change 53.46% -45.85% -29.97%
% of Gross Profit 92.57% 81.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.80M $19.00M $18.40M
YoY Change -19.57% -44.12% 11.52%
% of Gross Profit 10.47% 17.61%
Operating Expenses $130.9M $63.30M $85.30M
YoY Change 53.46% -44.28% -29.97%
Operating Profit -$125.9M -$130.5M
YoY Change -3.52% 0.38%
Interest Expense -$53.00M -$14.40M -$46.60M
YoY Change 13.73% 89.47% 94.17%
% of Operating Profit
Other Income/Expense, Net $3.900M $5.400M $6.200M
YoY Change -37.1% -6300.0%
Pretax Income -$212.1M -$38.80M -$171.1M
YoY Change 23.96% -18.14% 11.03%
Income Tax -$300.0K $0.00 $0.00
% Of Pretax Income
Net Earnings -$211.8M -$38.80M -$171.1M
YoY Change 23.79% -17.8% 11.18%
Net Earnings / Revenue -104.18% -115.82% -108.63%
Basic Earnings Per Share -$8.51 -$15.36
Diluted Earnings Per Share -$8.51 -$617.2K -$15.36
COMMON SHARES
Basic Shares Outstanding 24.87M shares 11.14M shares
Diluted Shares Outstanding 24.87M shares 11.14M shares

Balance Sheet

Concept 2022 2021 Q1 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $247.6M $95.30M
YoY Change 159.81% 203.5%
Cash & Equivalents $247.6M $95.30M $95.30M
Short-Term Investments
Other Short-Term Assets $17.10M $8.100M
YoY Change 111.11% -47.74%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $264.7M $103.4M $103.4M
YoY Change 156.0% 120.47%
LONG-TERM ASSETS
Property, Plant & Equipment $165.0M $64.70M $197.2M
YoY Change -16.33% -8.66%
Goodwill
YoY Change
Intangibles $7.800M
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.40M $1.800M $12.30M
YoY Change -7.32% 200.0%
Total Long-Term Assets $182.8M $217.3M $217.3M
YoY Change -15.88% -5.11%
TOTAL ASSETS
Total Short-Term Assets $264.7M $103.4M $103.4M
Total Long-Term Assets $182.8M $217.3M $217.3M
Total Assets $447.5M $320.7M $320.7M
YoY Change 39.54% 16.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.60M $7.200M $11.50M
YoY Change 96.52% -29.45%
Accrued Expenses $26.70M $13.90M
YoY Change 92.09% 7.75%
Deferred Revenue $700.0K
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $900.0K $900.0K
YoY Change -100.0%
Total Short-Term Liabilities $68.80M $40.60M $40.60M
YoY Change 69.46% -21.47%
LONG-TERM LIABILITIES
Long-Term Debt $260.8M $355.1M $355.1M
YoY Change -26.56% 65.09%
Other Long-Term Liabilities $46.80M $300.0K $63.60M
YoY Change -26.42% 48.25%
Total Long-Term Liabilities $307.6M $355.4M $418.7M
YoY Change -26.53% 62.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $68.80M $40.60M $40.60M
Total Long-Term Liabilities $307.6M $355.4M $418.7M
Total Liabilities $376.4M $459.3M $459.3M
YoY Change -18.05% 48.3%
SHAREHOLDERS EQUITY
Retained Earnings -$589.4M
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $71.10M -$526.7M -$138.6M
YoY Change
Total Liabilities & Shareholders Equity $447.5M $320.7M $320.7M
YoY Change 39.54% 16.24%

Cashflow Statement

Concept 2022 2021 Q1 2021
OPERATING ACTIVITIES
Net Income -$211.8M -$38.80M -$171.1M
YoY Change 23.79% -17.8% 11.18%
Depreciation, Depletion And Amortization $14.80M $19.00M $18.40M
YoY Change -19.57% -44.12% 11.52%
Cash From Operating Activities -$42.30M -$8.900M -$42.80M
YoY Change -1.17% 13.83%
INVESTING ACTIVITIES
Capital Expenditures -$41.10M -$10.10M -$78.70M
YoY Change -47.78% -51.27%
Acquisitions
YoY Change
Other Investing Activities $18.60M $5.000M $20.30M
YoY Change -8.37% -11.35%
Cash From Investing Activities -$22.50M -$5.100M -$58.40M
YoY Change -61.47% -57.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $135.0M $0.00
YoY Change
Cash From Financing Activities $215.2M 200.0K $168.5M
YoY Change 27.72% -5.28%
NET CHANGE
Cash From Operating Activities -$42.30M -8.900M -$42.80M
Cash From Investing Activities -$22.50M -5.100M -$58.40M
Cash From Financing Activities $215.2M 200.0K $168.5M
Net Change In Cash $150.4M -13.80M $67.30M
YoY Change 123.48% 3858.82%
FREE CASH FLOW
Cash From Operating Activities -$42.30M -$8.900M -$42.80M
Capital Expenditures -$41.10M -$10.10M -$78.70M
Free Cash Flow -$1.200M $1.200M $35.90M
YoY Change -103.34% -71.03%

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CY2021 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
500000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8200000 USD
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
409300000 USD
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
3300000 USD
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
327300000 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
6400000 USD
CY2022 wdq Adjustments To Additional Paid In Capital Warrant Exercised
AdjustmentsToAdditionalPaidInCapitalWarrantExercised
35500000 USD
CY2022 wdq Adjustments To Additional Paid In Capital Warrants Reclassified
AdjustmentsToAdditionalPaidInCapitalWarrantsReclassified
1200000 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
26600000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-211800000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
71100000 USD
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-211800000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-171100000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-153900000 USD
CY2022 wdq Depreciation Expense And Write Off Rental Product
DepreciationExpenseAndWriteOffRentalProduct
45600000 USD
CY2021 wdq Depreciation Expense And Write Off Rental Product
DepreciationExpenseAndWriteOffRentalProduct
55900000 USD
CY2020 wdq Depreciation Expense And Write Off Rental Product
DepreciationExpenseAndWriteOffRentalProduct
61600000 USD
CY2022 wdq Rental Product Write Off
RentalProductWriteOff
4700000 USD
CY2021 wdq Rental Product Write Off
RentalProductWriteOff
14000000.0 USD
CY2020 wdq Rental Product Write Off
RentalProductWriteOff
14000000.0 USD
CY2022 wdq Other Depreciation Amortization And Property Plant And Equipment Write Offs
OtherDepreciationAmortizationAndPropertyPlantAndEquipmentWriteOffs
19500000 USD
CY2021 wdq Other Depreciation Amortization And Property Plant And Equipment Write Offs
OtherDepreciationAmortizationAndPropertyPlantAndEquipmentWriteOffs
24100000 USD
CY2020 wdq Other Depreciation Amortization And Property Plant And Equipment Write Offs
OtherDepreciationAmortizationAndPropertyPlantAndEquipmentWriteOffs
21600000 USD
CY2022 wdq Proceeds From Sale Of Productive Assets Operating Activities
ProceedsFromSaleOfProductiveAssetsOperatingActivities
12900000 USD
CY2021 wdq Proceeds From Sale Of Productive Assets Operating Activities
ProceedsFromSaleOfProductiveAssetsOperatingActivities
17900000 USD
CY2020 wdq Proceeds From Sale Of Productive Assets Operating Activities
ProceedsFromSaleOfProductiveAssetsOperatingActivities
19300000 USD
CY2022 wdq Gain Loss On Liquidation Of Rental Product
GainLossOnLiquidationOfRentalProduct
600000 USD
CY2021 wdq Gain Loss On Liquidation Of Rental Product
GainLossOnLiquidationOfRentalProduct
-900000 USD
CY2020 wdq Gain Loss On Liquidation Of Rental Product
GainLossOnLiquidationOfRentalProduct
-500000 USD
CY2022 us-gaap Paid In Kind Interest
PaidInKindInterest
38800000 USD
CY2021 us-gaap Paid In Kind Interest
PaidInKindInterest
36900000 USD
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
19000000.0 USD
CY2022 wdq Paid In Kind Interest Settlement
PaidInKindInterestSettlement
-6300000 USD
CY2021 wdq Paid In Kind Interest Settlement
PaidInKindInterestSettlement
0 USD
CY2020 wdq Paid In Kind Interest Settlement
PaidInKindInterestSettlement
0 USD
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5900000 USD
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5000000.0 USD
CY2020 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4000000.0 USD
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-12200000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-600000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
26600000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
8200000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
6800000 USD
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
24900000 USD
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-400000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2022 wdq Increase Decrease In Prepaid Expense And Other Assets Current
IncreaseDecreaseInPrepaidExpenseAndOtherAssetsCurrent
-7000000.0 USD
CY2021 wdq Increase Decrease In Prepaid Expense And Other Assets Current
IncreaseDecreaseInPrepaidExpenseAndOtherAssetsCurrent
300000 USD
CY2020 wdq Increase Decrease In Prepaid Expense And Other Assets Current
IncreaseDecreaseInPrepaidExpenseAndOtherAssetsCurrent
-2400000 USD
CY2022 wdq Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-3400000 USD
CY2021 wdq Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
400000 USD
CY2020 wdq Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
34500000 USD
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
3000000.0 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1800000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1300000 USD
CY2022 wdq Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities Current
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesCurrent
18400000 USD
CY2021 wdq Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities Current
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesCurrent
-4500000 USD
CY2020 wdq Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities Current
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilitiesCurrent
6000000.0 USD
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4700000 USD
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-7300000 USD
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1500000 USD
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-6200000 USD
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
11400000 USD
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
46800000 USD
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
800000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-300000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-8000000.0 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-42300000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-42800000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-37600000 USD
CY2022 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
30800000 USD
CY2021 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
54900000 USD
CY2020 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
117700000 USD
CY2022 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
5700000 USD
CY2021 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
2400000 USD
CY2020 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
3600000 USD
CY2022 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
12900000 USD
CY2021 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
17900000 USD
CY2020 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
19300000 USD
CY2022 wdq Payments To Acquire Property Plant And Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndIntangibleAssets
10300000 USD
CY2021 wdq Payments To Acquire Property Plant And Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndIntangibleAssets
23800000 USD
CY2020 wdq Payments To Acquire Property Plant And Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndIntangibleAssets
43800000 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22500000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-58400000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
327300000 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2022 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
21200000 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
60400000 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
133800000 USD
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3300000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
500000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1800000 USD
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15000000.0 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
86000000.0 USD
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
59000000.0 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
92600000 USD
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
155000000.0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
50000000.0 USD
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
135000000.0 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
4700000 USD
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2020 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
5000000.0 USD
CY2021 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
CY2020 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1900000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3400000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1100000 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
215200000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
168500000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
177900000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
150400000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
67300000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1700000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41900000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40200000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259600000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41900000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
247600000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
95300000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31400000 USD
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
5400000 USD
CY2021Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
3400000 USD
CY2020Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
10500000 USD
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6600000 USD
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
10500000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259600000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41900000 USD
CY2022 us-gaap Interest Paid Net
InterestPaidNet
10200000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
3700000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1500000 USD
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 USD
CY2022 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
15800000 USD
CY2021 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
2600000 USD
CY2020 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
7000000.0 USD
CY2022 wdq Receipt Of Fixed Assets And Intangibles Prior Period
ReceiptOfFixedAssetsAndIntangiblesPriorPeriod
500000 USD
CY2021 wdq Receipt Of Fixed Assets And Intangibles Prior Period
ReceiptOfFixedAssetsAndIntangiblesPriorPeriod
2100000 USD
CY2020 wdq Receipt Of Fixed Assets And Intangibles Prior Period
ReceiptOfFixedAssetsAndIntangiblesPriorPeriod
9600000 USD
CY2022 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
3600000 USD
CY2021 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
3700000 USD
CY2020 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
4700000 USD
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 USD
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
900000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
100000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
40000000.0 USD
CY2022 wdq Right Of Use Asset Lease Liability Adjustment
RightOfUseAssetLeaseLiabilityAdjustment
300000 USD
CY2021 wdq Right Of Use Asset Lease Liability Adjustment
RightOfUseAssetLeaseLiabilityAdjustment
5200000 USD
CY2020 wdq Right Of Use Asset Lease Liability Adjustment
RightOfUseAssetLeaseLiabilityAdjustment
0 USD
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
800000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
500000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2100000 USD
CY2022 wdq Rental Product Expenditures Incurred But Not Yet Paid
RentalProductExpendituresIncurredButNotYetPaid
6500000 USD
CY2021 wdq Rental Product Expenditures Incurred But Not Yet Paid
RentalProductExpendituresIncurredButNotYetPaid
3600000 USD
CY2020 wdq Rental Product Expenditures Incurred But Not Yet Paid
RentalProductExpendituresIncurredButNotYetPaid
3600000 USD
CY2022Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2020 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
14800000 USD
CY2022 us-gaap Nature Of Operations
NatureOfOperations
Business<div style="margin-top:6pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Description of Business</span></div><div style="margin-top:6pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rent the Runway, Inc.’s (the “Company”) mission is to power women to feel their best every day. Launched in November 2009, the Company has built the world’s first and largest shared designer closet with over 19,000 styles by over </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">780</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> brand partners. The Company gives customers access to its “unlimited closet” through its Subscription offering or the ability to rent a-la-carte through its reserve offering (“Reserve”). The Company’s corporate headquarters is located in Brooklyn, New York and the operational facilities are located in Secaucus, New Jersey, and Arlington, Texas. Its wholly-owned subsidiary, Rent the Runway Limited (the “Subsidiary”), is located in Galway, Ireland, and is focused on software development and support activities. </span></div><div style="margin-top:12pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">All revenue is currently generated in the United States. Substantially all revenue is derived from rental subscription fees and a-la-carte rental fees, with a portion derived from the sale of apparel and accessories and other fees.</span></div>
CY2022Q1 wdq Number Of Styles
NumberOfStyles
19000 style
CY2022Q1 wdq Number Of Brand Partners
NumberOfBrandPartners
780 style
CY2022 us-gaap Fiscal Period
FiscalPeriod
Fiscal YearThe Company operates on a fiscal calendar ending January 31. All references to fiscal year 2019 reflect the results of the 12-month period ending January 31, 2020. All references to fiscal year 2020 reflect the results of the 12-month period ending January 31, 2021. All references to fiscal year 2021 reflect the results of the 12-month period ending January 31, 2022.
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:18pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience, market conditions, and on various other assumptions that are believed to be reasonable. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful life and salvage value of rental product, incremental borrowing rate (“IBR”) to determine lease liabilities, and the valuation of share-based compensation and warrants.</span></div><div style="margin-top:12pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of January 31, 2022, the effects of the ongoing COVID-19 pandemic on the Company’s business, results of operations, and financial condition continue to evolve. As a result, many of the Company’s estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, the Company’s estimates may change materially in future periods.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:18pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Credit Risks</span></div><div style="margin-top:6pt;padding-left:27pt"><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company places its cash investments with high credit quality financial institutions. The Company believes no significant credit risk exists with respect to these financial instruments.</span></div>
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
12000000.0 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
13900000 USD
CY2022Q1 wdq Assets Held For Sale Rental Product
AssetsHeldForSaleRentalProduct
2100000 USD
CY2021Q1 wdq Assets Held For Sale Rental Product
AssetsHeldForSaleRentalProduct
6400000 USD
CY2022 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
3900000 USD
CY2021 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
7700000 USD
CY2022 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
5700000 USD
CY2021 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
2400000 USD
CY2020 wdq Proceeds From Liquidation Of Rental Product
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3600000 USD
CY2022 us-gaap Proceeds From Sale Of Other Productive Assets
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12900000 USD
CY2021 us-gaap Proceeds From Sale Of Other Productive Assets
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17900000 USD
CY2020 us-gaap Proceeds From Sale Of Other Productive Assets
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19300000 USD
CY2022 wdq Contract With Customer Liability Revenue Recognized Including Opening Balance
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1900000 USD
CY2022Q1 wdq Operating Lease Lessor Time For Order Placement
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P4M
CY2022 us-gaap Advertising Expense
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20600000 USD
CY2021 us-gaap Advertising Expense
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4200000 USD
CY2020 us-gaap Advertising Expense
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18100000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2020Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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0.01
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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0.01
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
247600000 USD
CY2022 us-gaap Insurance Recoveries
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4000000 USD
CY2021 us-gaap Insurance Recoveries
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5000000 USD
CY2022 wdq Operating Lease Liability Adjustment For Lease Modification
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5100000 USD
CY2021 wdq Operating Lease Right Of Use Asset Adjustment For Lease Modification
OperatingLeaseRightOfUseAssetAdjustmentForLeaseModification
5100000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y11M4D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y5M4D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.1682
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.1677
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M28D
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.1177
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.1424
CY2021 us-gaap Operating Lease Cost
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13100000 USD
CY2021 us-gaap Variable Lease Cost
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19800000 USD
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
12900000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
11700000 USD
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
100000 USD
CY2021 us-gaap Short Term Lease Cost
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2400000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
900000 USD
CY2022 wdq Fixed Lease Costs
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13000000.0 USD
CY2021 wdq Fixed Lease Costs
FixedLeaseCosts
15500000 USD
CY2020 wdq Fixed Lease Costs
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12600000 USD
CY2022 us-gaap Variable Lease Cost
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22700000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
11900000 USD
CY2022 us-gaap Lease Cost
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35700000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
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0.0 USD
CY2021 wdq Depreciation Expense And Write Off Rental Product And Rental Product Sold
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69900000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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10400000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
100000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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9100000 USD
CY2021 us-gaap Lease Cost
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35300000 USD
CY2020 us-gaap Lease Cost
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24500000 USD
CY2022 us-gaap Sublease Income
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4000000.0 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
1800000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2022 wdq Lease Cost Net
LeaseCostNet
31700000 USD
CY2021 wdq Lease Cost Net
LeaseCostNet
33500000 USD
CY2020 wdq Lease Cost Net
LeaseCostNet
24500000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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13600000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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400000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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11600000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
300000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0.0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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102500000 USD
CY2022Q1 us-gaap Operating Lease Liability
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52000000.0 USD
CY2022Q1 wdq Rental Product Gross
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171200000 USD
CY2021Q1 wdq Rental Product Gross
RentalProductGross
192700000 USD
CY2022Q1 us-gaap Finance Lease Liability
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700000 USD
CY2022Q1 wdq Accumulated Depreciation Depletion And Amortization Rental Product
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94900000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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9100000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0.0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
48700000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
800000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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50500000 USD
CY2022Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
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100000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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200000 USD
CY2021Q1 wdq Accumulated Depreciation Depletion And Amortization Rental Product
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95100000 USD
CY2022Q1 wdq Rental Product Net
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76300000 USD
CY2021Q1 wdq Rental Product Net
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97600000 USD
CY2022 wdq Depreciation Expense And Write Off Rental Product And Rental Product Sold
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50300000 USD
CY2020 wdq Depreciation Expense And Write Off Rental Product And Rental Product Sold
DepreciationExpenseAndWriteOffRentalProductAndRentalProductSold
75700000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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1400000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
700000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
120500000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
116200000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
63300000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
51500000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
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7800000 USD
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
57200000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
64700000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16800000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12400000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
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6400000 USD
CY2022 us-gaap Depreciation
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14800000 USD
CY2021 us-gaap Depreciation
Depreciation
18400000 USD
CY2020 us-gaap Depreciation
Depreciation
16500000 USD
CY2022 us-gaap Amortization Of Intangible Assets
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4700000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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5700000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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5100000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3300000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1200000 USD
CY2022Q1 wdq Finite Lived Intangible Asset Expected Amortization After Year Three
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearThree
0 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4700000 USD
CY2022Q1 us-gaap Long Term Debt
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260800000 USD
CY2021Q1 us-gaap Long Term Debt
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356000000.0 USD
CY2022Q1 us-gaap Long Term Debt Current
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0 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
900000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
260800000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
355100000 USD
CY2022Q1 wdq Debt Instrument Covenant Terms Minimum Liquidity Maintenance
DebtInstrumentCovenantTermsMinimumLiquidityMaintenance
50000000.0 USD
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-212600000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-171400000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-154100000 USD
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
500000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
300000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0.0 USD
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-212100000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-171100000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-154100000 USD
CY2022 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-300000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-200000 USD
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-300000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-200000 USD
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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149700000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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122600000 USD
CY2022Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1900000 USD
CY2021Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2100000 USD
CY2022Q1 us-gaap Deferred Tax Asset Interest Carryforward
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40500000 USD
CY2021Q1 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
22000000.0 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
4200000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
3300000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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3300000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3500000 USD
CY2022Q1 wdq Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
14400000 USD
CY2021Q1 wdq Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
16500000 USD
CY2022Q1 us-gaap Deferred Tax Assets Other
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400000 USD
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
400000 USD
CY2022Q1 us-gaap Deferred Tax Assets Gross
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214400000 USD
CY2021Q1 us-gaap Deferred Tax Assets Gross
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170400000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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4200000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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900000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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8900000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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10300000 USD
CY2022Q1 us-gaap Deferred Income Tax Liabilities
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13100000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
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11200000 USD
CY2022Q1 wdq Deferred Tax Assets Net Of Deferred Tax Liabilities Gross
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201300000 USD
CY2021Q1 wdq Deferred Tax Assets Net Of Deferred Tax Liabilities Gross
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159200000 USD
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
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201000000.0 USD
CY2021Q1 us-gaap Deferred Tax Assets Valuation Allowance
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159000000.0 USD
CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
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300000 USD
CY2021Q1 us-gaap Deferred Tax Assets Liabilities Net
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200000 USD
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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42000000.0 USD
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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49100000 USD
CY2022Q1 wdq Operating Loss Carryforwards Subject To Expiration
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152100000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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408400000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.0001
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.0001
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.0001
CY2022 wdq Effective Income Tax Rate Reconciliation Change In Valuation Of Warrants Percent
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-0.0247
CY2021 wdq Effective Income Tax Rate Reconciliation Change In Valuation Of Warrants Percent
EffectiveIncomeTaxRateReconciliationChangeInValuationOfWarrantsPercent
0
CY2020 wdq Effective Income Tax Rate Reconciliation Change In Valuation Of Warrants Percent
EffectiveIncomeTaxRateReconciliationChangeInValuationOfWarrantsPercent
0
CY2022 wdq Effective Income Tax Rate Reconciliation Nondeductible Expense Transaction Costs Percent
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-0.0044
CY2021 wdq Effective Income Tax Rate Reconciliation Nondeductible Expense Transaction Costs Percent
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0
CY2020 wdq Effective Income Tax Rate Reconciliation Nondeductible Expense Transaction Costs Percent
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0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.0038
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.0040
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.2155
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.2091
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0048
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0094
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0043
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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0.0014
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0011
CY2021Q1 us-gaap Unrecognized Tax Benefits
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600000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
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0 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
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0 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
100000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
200000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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0 USD
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
400000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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0 USD
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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0 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
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700000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
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600000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
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0 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
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700000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
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600000 USD
CY2021Q1 wdq Revenue Share Payable
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4300000 USD
CY2022Q1 wdq Accrued Operating And General Liabilities Current
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13600000 USD
CY2022Q1 wdq Revenue Share Payable
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6700000 USD
CY2021Q1 wdq Accrued Operating And General Liabilities Current
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3800000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
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4000000.0 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
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3400000 USD
CY2022Q1 us-gaap Accrued Insurance Current
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3500000 USD
CY2021Q1 us-gaap Accrued Insurance Current
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0 USD
CY2022Q1 us-gaap Taxes Payable Current
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1600000 USD
CY2021Q1 us-gaap Taxes Payable Current
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1000000.0 USD
CY2022Q1 us-gaap Long Term Debt Current
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0 USD
CY2021Q1 us-gaap Long Term Debt Current
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900000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
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600000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
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700000 USD
CY2022Q1 wdq Accrued Liabilities And Other Liabilities Current
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30000000.0 USD
CY2021Q1 wdq Accrued Liabilities And Other Liabilities Current
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14100000 USD
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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P5Y1M28D
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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2100000 USD
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11138851 shares
CY2020 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
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133800000 USD
CY2021 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
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57600000 USD
CY2022 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
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21200000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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6.76
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P6Y5M12D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3700000 USD
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.04
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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6.34
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7.61
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7.33
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P7Y2M1D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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2100000 USD
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6.68
CY2022 us-gaap Allocated Share Based Compensation Expense
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26600000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8200000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6800000 USD
CY2022 us-gaap Net Income Loss
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-211800000 USD
CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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24874061 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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11138851 shares
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10964634 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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10964634 shares
CY2022 us-gaap Earnings Per Share Basic
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-8.51
CY2022 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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13260327 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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39893596 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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34998799 shares
CY2022Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD

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