2024 Q1 Form 10-K Financial Statement

#000146832724000114 Filed on April 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2024
Revenue $75.80M $298.2M
YoY Change 0.53% 0.61%
Cost Of Revenue $86.00M
YoY Change -6.72%
Gross Profit $212.2M
YoY Change 3.92%
Gross Profit Margin 71.16%
Selling, General & Admin $32.30M $138.3M
YoY Change -5.56% -4.02%
% of Gross Profit 65.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.80M $58.70M
YoY Change 12.06% 362.2%
% of Gross Profit 27.66%
Operating Expenses $92.00M $375.1M
YoY Change 0.77% 160.31%
Operating Profit -$80.00M
YoY Change -22.78%
Interest Expense -$5.400M -$33.70M
YoY Change -37.21% -8.42%
% of Operating Profit
Other Income/Expense, Net $400.0K $700.0K
YoY Change 300.0% -53.33%
Pretax Income -$24.30M -$113.0M
YoY Change -7.6% -18.65%
Income Tax $500.0K $200.0K
% Of Pretax Income
Net Earnings -$24.80M -$113.2M
YoY Change -5.34% -18.39%
Net Earnings / Revenue -32.72% -37.96%
Basic Earnings Per Share -$33.12
Diluted Earnings Per Share -$7.02 -$33.12
COMMON SHARES
Basic Shares Outstanding 3.418M shares
Diluted Shares Outstanding 3.418M shares

Balance Sheet

Concept 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $84.00M $84.00M
YoY Change -45.63% -45.63%
Cash & Equivalents $84.00M $84.00M
Short-Term Investments
Other Short-Term Assets $18.20M $16.90M
YoY Change 3.41% -3.98%
Inventory
Prepaid Expenses
Receivables $1.300M
Other Receivables $0.00
Total Short-Term Assets $102.2M $102.2M
YoY Change -40.62% -40.62%
LONG-TERM ASSETS
Property, Plant & Equipment $163.6M $163.6M
YoY Change 266.0% 8.99%
Goodwill
YoY Change
Intangibles $3.400M
YoY Change -17.07%
Long-Term Investments
YoY Change
Other Assets $9.300M $9.300M
YoY Change 138.46% -6.06%
Total Long-Term Assets $176.3M $176.3M
YoY Change 7.43% 7.43%
TOTAL ASSETS
Total Short-Term Assets $102.2M $102.2M
Total Long-Term Assets $176.3M $176.3M
Total Assets $278.5M $278.5M
YoY Change -17.16% -17.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.80M $11.80M
YoY Change -4.84% -33.33%
Accrued Expenses $16.70M $16.70M
YoY Change -17.33% -17.33%
Deferred Revenue $500.0K
YoY Change -16.67%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $48.10M $48.10M
YoY Change -19.83% -19.83%
LONG-TERM LIABILITIES
Long-Term Debt $306.7M $306.7M
YoY Change 12.55% 12.55%
Other Long-Term Liabilities $46.00M $46.00M
YoY Change 6471.43% 17.95%
Total Long-Term Liabilities $352.7M $352.7M
YoY Change 29.1% 13.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.10M $48.10M
Total Long-Term Liabilities $352.7M $352.7M
Total Liabilities $400.8M $400.8M
YoY Change 7.89% 7.89%
SHAREHOLDERS EQUITY
Retained Earnings -$1.053B
YoY Change 12.04%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$122.3M -$122.3M
YoY Change
Total Liabilities & Shareholders Equity $278.5M $278.5M
YoY Change -17.16% -17.16%

Cashflow Statement

Concept 2024 Q1 2024
OPERATING ACTIVITIES
Net Income -$24.80M -$113.2M
YoY Change -5.34% -18.39%
Depreciation, Depletion And Amortization $15.80M $58.70M
YoY Change 12.06% 362.2%
Cash From Operating Activities -$8.000M -$15.70M
YoY Change -3.61% -67.09%
INVESTING ACTIVITIES
Capital Expenditures $23.00M $82.50M
YoY Change 21.69% 16.2%
Acquisitions
YoY Change
Other Investing Activities $8.000M $27.90M
YoY Change 56.86% 4.49%
Cash From Investing Activities -$15.00M -$54.60M
YoY Change 8.7% 23.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities 1.100M 700.0K
YoY Change -650.0% -117.5%
NET CHANGE
Cash From Operating Activities -8.000M -15.70M
Cash From Investing Activities -15.00M -54.60M
Cash From Financing Activities 1.100M 700.0K
Net Change In Cash -21.90M -69.60M
YoY Change -1.79% -27.5%
FREE CASH FLOW
Cash From Operating Activities -$8.000M -$15.70M
Capital Expenditures $23.00M $82.50M
Free Cash Flow -$31.00M -$98.20M
YoY Change 13.97% -17.27%

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CY2023 wdq Gain Loss On Lease Termination And Disposition Of Property Plant Equipment And Intangible Assets
GainLossOnLeaseTerminationAndDispositionOfPropertyPlantEquipmentAndIntangibleAssets
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CY2024 wdq Proceeds From Sale Of Productive Assets Operating Activities
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23300000 usd
CY2023 wdq Proceeds From Sale Of Productive Assets Operating Activities
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17900000 usd
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12900000 usd
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GainLossOnLiquidationOfRentalProduct
1000000.0 usd
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GainLossOnLiquidationOfRentalProduct
2700000 usd
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CY2024 us-gaap Paid In Kind Interest
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22500000 usd
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CY2022 us-gaap Paid In Kind Interest
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38800000 usd
CY2024 wdq Paid In Kind Interest Settlement
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4300000 usd
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CY2024 us-gaap Share Based Compensation
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7200000 usd
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4700000 usd
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CY2023 wdq Proceeds From Liquidation Of Rental Product
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8800000 usd
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5700000 usd
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17900000 usd
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12900000 usd
CY2024 wdq Payments To Acquire Property Plant And Equipment And Intangible Assets
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4600000 usd
CY2023 wdq Payments To Acquire Property Plant And Equipment And Intangible Assets
PaymentsToAcquirePropertyPlantAndEquipmentAndIntangibleAssets
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CY2024 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
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3300000 usd
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CY2022 us-gaap Repayments Of Long Term Debt
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135000000.0 usd
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4700000 usd
CY2024 us-gaap Proceeds From Other Short Term Debt
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1600000 usd
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CY2022 us-gaap Proceeds From Other Short Term Debt
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5000000.0 usd
CY2024 us-gaap Proceeds From Payments For Other Financing Activities
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CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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700000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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215200000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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150400000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
163600000 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
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
163600000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259600000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84000000.0 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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154500000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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247600000 usd
CY2024Q1 us-gaap Restricted Cash Current
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5200000 usd
CY2023Q1 us-gaap Restricted Cash Current
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3100000 usd
CY2022Q1 us-gaap Restricted Cash Current
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5400000 usd
CY2024Q1 us-gaap Restricted Cash Noncurrent
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4800000 usd
CY2023Q1 us-gaap Restricted Cash Noncurrent
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6000000.0 usd
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6600000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94000000.0 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
163600000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
259600000 usd
CY2024 us-gaap Interest Paid Net
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9600000 usd
CY2023 us-gaap Interest Paid Net
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19800000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
10200000 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
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200000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 usd
CY2024 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
11100000 usd
CY2023 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
13500000 usd
CY2022 wdq Operating Lease Payments Reimbursements
OperatingLeasePaymentsReimbursements
15800000 usd
CY2024 wdq Receipt Of Fixed Assets And Intangibles Prior Period
ReceiptOfFixedAssetsAndIntangiblesPriorPeriod
100000 usd
CY2023 wdq Receipt Of Fixed Assets And Intangibles Prior Period
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800000 usd
CY2022 wdq Receipt Of Fixed Assets And Intangibles Prior Period
ReceiptOfFixedAssetsAndIntangiblesPriorPeriod
500000 usd
CY2024 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
5400000 usd
CY2023 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
6500000 usd
CY2022 wdq Receipt Of Rental Product Prior Period
ReceiptOfRentalProductPriorPeriod
3600000 usd
CY2024 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
600000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
500000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1200000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
900000 usd
CY2024 wdq Right Of Use Asset And Lease Liability Adjustment
RightOfUseAssetAndLeaseLiabilityAdjustment
10300000 usd
CY2023 wdq Right Of Use Asset And Lease Liability Adjustment
RightOfUseAssetAndLeaseLiabilityAdjustment
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CY2022 wdq Right Of Use Asset And Lease Liability Adjustment
RightOfUseAssetAndLeaseLiabilityAdjustment
300000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
800000 usd
CY2024 us-gaap Nature Of Operations
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<span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:18.67pt">Business</span><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 empower 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 </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">thousands of styles by hundreds of brand partners</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The Company gives customers access to its “unlimited closet” through its subscription offering (“Subscription”) 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 its 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>
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024 us-gaap Fiscal Period
FiscalPeriod
<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%">Fiscal Year</span></div><div style="margin-top:6pt;padding-left:27pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s fiscal year ends on January 31 of the next calendar year. For example, references to “fiscal year 2024” refer to the fiscal year ending January 31, 2025 and references to “fiscal year 2023” refer to the fiscal year ending January 31, 2024.</span></div>
CY2024 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2024 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, valuation of share-based compensation and warrants, and</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> recoverability of long-lived assets</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</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, 2024, the effects of the macroeconomic environment 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>
CY2024 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>
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
10000000.0 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
9100000 usd
CY2024Q1 wdq Assets Held For Sale Rental Product
AssetsHeldForSaleRentalProduct
3000000 usd
CY2023Q1 wdq Assets Held For Sale Rental Product
AssetsHeldForSaleRentalProduct
3000000 usd
CY2024 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
4900000 usd
CY2023 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
6900000 usd
CY2022 wdq Accelerated Depreciation Rental Product Held For Sale
AcceleratedDepreciationRentalProductHeldForSale
3900000 usd
CY2024 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
4600000 usd
CY2023 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
8800000 usd
CY2022 wdq Proceeds From Liquidation Of Rental Product
ProceedsFromLiquidationOfRentalProduct
5700000 usd
CY2024 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
23300000 usd
CY2023 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
17900000 usd
CY2022 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
12900000 usd
CY2024 wdq Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
1500000 usd
CY2024Q1 wdq Operating Lease Lessor Time For Order Placement
OperatingLeaseLessorTimeForOrderPlacement
P2M
CY2023Q3 wdq Operating Lease Lessor Time For Order Placement
OperatingLeaseLessorTimeForOrderPlacement
P4M
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
1300000 usd
CY2023Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
4000000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023Q1 wdq Number Of Third Party Partners Responsible For The Majority Of Accounts Receivable Balance
NumberOfThirdPartyPartnersResponsibleForTheMajorityOfAccountsReceivableBalance
1 partner
CY2024 us-gaap Advertising Expense
AdvertisingExpense
28500000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
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CY2022 us-gaap Advertising Expense
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CY2023 wdq Number Of Floors Terminated From Lease
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CY2023 wdq Operating Lease Liabilities Adjustment For Lease Modification
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CY2023 wdq Operating Lease Right Of Use Asset Adjustment For Lease Modification
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CY2023 us-gaap Operating Lease Cost
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CY2022 us-gaap Operating Lease Cost
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CY2023 wdq Depreciation Expense And Write Off Rental Product And Rental Product Sold
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79600000 usd
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CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2023 us-gaap Depreciation
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CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q1 us-gaap Long Term Debt Current
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CY2023Q1 us-gaap Long Term Debt Noncurrent
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CY2023Q4 wdq Debt Instrument Covenant Terms Minimum Liquidity Maintenance
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2024 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2024 us-gaap Current Foreign Tax Expense Benefit
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200000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2024 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2024Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
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CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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