2020 Q1 Form 10-Q Financial Statement
#000162747520000018 Filed on May 06, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $83.20M | $68.48M |
YoY Change | 21.5% | 15.63% |
Cost Of Revenue | $23.49M | $21.13M |
YoY Change | 11.17% | 7.69% |
Gross Profit | $59.71M | $47.35M |
YoY Change | 26.1% | 19.57% |
Gross Profit Margin | 71.77% | 69.15% |
Selling, General & Admin | $48.50M | $36.18M |
YoY Change | 34.06% | 17.28% |
% of Gross Profit | 81.23% | 76.41% |
Research & Development | $19.35M | $15.80M |
YoY Change | 22.46% | 17.12% |
% of Gross Profit | 32.4% | 33.37% |
Depreciation & Amortization | $700.0K | $800.0K |
YoY Change | -12.5% | 100.0% |
% of Gross Profit | 1.17% | 1.69% |
Operating Expenses | $68.76M | $52.62M |
YoY Change | 30.69% | 15.36% |
Operating Profit | -$9.051M | -$5.265M |
YoY Change | 71.91% | -12.38% |
Interest Expense | $230.0K | $373.0K |
YoY Change | -38.34% | -29.49% |
% of Operating Profit | ||
Other Income/Expense, Net | -$731.0K | $479.0K |
YoY Change | -252.61% | -292.37% |
Pretax Income | -$10.01M | -$5.159M |
YoY Change | 94.07% | -23.99% |
Income Tax | $9.000K | $1.000K |
% Of Pretax Income | ||
Net Earnings | -$10.02M | -$5.160M |
YoY Change | 94.21% | -23.94% |
Net Earnings / Revenue | -12.05% | -7.54% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$87.64K | -$48.78K |
COMMON SHARES | ||
Basic Shares Outstanding | 113.9M shares | 106.7M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $145.3M | $121.2M |
YoY Change | 19.88% | |
Cash & Equivalents | $65.64M | $171.8M |
Short-Term Investments | $79.70M | $72.00M |
Other Short-Term Assets | $132.0M | $126.8M |
YoY Change | 4.1% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | $35.26M | $20.33M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $312.5M | $296.3M |
YoY Change | 5.5% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $24.99M | $12.60M |
YoY Change | 98.26% | |
Goodwill | $118.2M | $118.2M |
YoY Change | 0.0% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.040M | $1.389M |
YoY Change | -25.13% | |
Total Long-Term Assets | $169.5M | $137.5M |
YoY Change | 23.25% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $312.5M | $296.3M |
Total Long-Term Assets | $169.5M | $137.5M |
Total Assets | $482.1M | $433.8M |
YoY Change | 11.13% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.719M | $1.542M |
YoY Change | 11.48% | |
Accrued Expenses | $23.40M | $15.60M |
YoY Change | 50.0% | |
Deferred Revenue | $14.39M | $10.83M |
YoY Change | 32.79% | |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $22.59M | $32.57M |
YoY Change | -30.64% | |
Total Short-Term Liabilities | $185.6M | $170.7M |
YoY Change | 8.76% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $8.814M | $16.35M |
YoY Change | -46.1% | |
Other Long-Term Liabilities | $6.384M | $2.780M |
YoY Change | 129.64% | |
Total Long-Term Liabilities | $15.20M | $19.13M |
YoY Change | -20.57% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $185.6M | $170.7M |
Total Long-Term Liabilities | $15.20M | $19.13M |
Total Liabilities | $223.3M | $189.8M |
YoY Change | 17.65% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$182.0M | -$148.2M |
YoY Change | 22.77% | |
Common Stock | $440.7M | $392.2M |
YoY Change | 12.37% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $258.7M | $231.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $482.1M | $433.8M |
YoY Change | 11.13% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$10.02M | -$5.160M |
YoY Change | 94.21% | -23.94% |
Depreciation, Depletion And Amortization | $700.0K | $800.0K |
YoY Change | -12.5% | 100.0% |
Cash From Operating Activities | -$1.702M | -$29.40M |
YoY Change | -94.21% | -687.9% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.288M | $3.604M |
YoY Change | -64.26% | 680.09% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $6.210M | -$71.71M |
YoY Change | -108.66% | 71610.0% |
Cash From Investing Activities | $2.924M | -$76.53M |
YoY Change | -103.82% | 6336.25% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $31.11M | $47.66M |
YoY Change | -34.74% | 4417.82% |
NET CHANGE | ||
Cash From Operating Activities | -$1.702M | -$29.40M |
Cash From Investing Activities | $2.924M | -$76.53M |
Cash From Financing Activities | $31.11M | $47.66M |
Net Change In Cash | $32.33M | -$58.26M |
YoY Change | -155.49% | -1297.27% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$1.702M | -$29.40M |
Capital Expenditures | $1.288M | $3.604M |
Free Cash Flow | -$2.990M | -$33.00M |
YoY Change | -90.94% | -827.17% |
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AmortizationOfFinancingCosts
|
13000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
13000 | USD |
CY2020Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
174000 | USD |
CY2019Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
283000 | USD |
CY2020Q1 | upwk |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
969000 | USD |
CY2019Q1 | upwk |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
1072000 | USD |
CY2020Q1 | upwk |
Increase Decrease In Common Stock Warrant
IncreaseDecreaseInCommonStockWarrant
|
188000 | USD |
CY2019Q1 | upwk |
Increase Decrease In Common Stock Warrant
IncreaseDecreaseInCommonStockWarrant
|
252000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5537000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4295000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5891000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
26149000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
464000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
886000 | USD |
CY2020Q1 | upwk |
Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
|
-459000 | USD |
CY2019Q1 | upwk |
Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
|
-378000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
994000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-596000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
3881000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-4125000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
|
-650000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
|
-603000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1702000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29395000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
26789000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
71713000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
33000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | USD |
CY2019Q1 | upwk |
Proceeds From Exercises Of Stock Options And Common Stock Warrant
ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant
|
764000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
15000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
25000000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1893000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1288000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3604000 | USD |
CY2020Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
1999000 | USD |
CY2019Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
1210000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2924000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-76527000 | USD |
CY2020Q1 | upwk |
Changes In Escrow Funds Payable
ChangesInEscrowFundsPayable
|
14834000 | USD |
CY2019Q1 | upwk |
Changes In Escrow Funds Payable
ChangesInEscrowFundsPayable
|
21899000 | USD |
CY2020Q1 | upwk |
Proceeds From Exercises Of Stock Options And Common Stock Warrant
ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant
|
3165000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
0 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
31106000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
47663000 | USD |
CY2020Q1 | upwk |
Number Of Operating Platforms Consolidated
NumberOfOperatingPlatformsConsolidated
|
2 | segment |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
32328000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-58259000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
159603000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
230067000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
191931000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
171808000 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
239000 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
357000 | USD |
CY2020Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2435000 | USD |
CY2019Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1190000 | USD |
CY2020Q1 | us-gaap |
Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
|
40000 | USD |
CY2019Q1 | us-gaap |
Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
|
20000 | USD |
CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="text-align:justify;margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);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="text-align:justify;margin-bottom:6pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods presented. Such estimates include, but are not limited to: the useful lives of assets; assessment of the recoverability of long-lived assets; goodwill impairment; standalone selling price of material rights and the period of time over which to defer and recognize the consideration allocated to the material rights; allowance for doubtful accounts; liabilities relating to transaction losses; the valuation of warrants; stock-based compensation; and accounting for income taxes. Management bases its estimates on historical experience and on various other assumptions that management believes to be reasonable under the circumstances. The Company evaluates its estimates, assumptions, and judgments on an ongoing basis using historical experience and other factors and revises them when facts and circumstances dictate.</span></div> | |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
68476000 | USD |
CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15661000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5160000 | USD |
CY2019Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-5160000 | USD |
CY2019Q1 | upwk |
Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
|
1072000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
26149000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
886000 | USD |
CY2019Q1 | upwk |
Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
|
-378000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-4125000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
|
-603000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2019Q1 | upwk |
Escrow Funds Payable Adjustment
EscrowFundsPayableAdjustment
|
0 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-58259000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
230067000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
171808000 | USD |
CY2020Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
17600000 | USD |
CY2020Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
14400000 | USD |
CY2020Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12M | |
CY2020Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
14386000 | USD |
CY2019Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
13799000 | USD |
CY2020Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
3215000 | USD |
CY2019Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
3153000 | USD |
CY2020Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
5100000 | USD |
CY2019Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
3500000 | USD |
CY2020Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
139172000 | USD |
CY2019Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
120767000 | USD |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
65635000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
48392000 | USD |
CY2020Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
2740000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2490000 | USD |
CY2020Q1 | upwk |
Funds Held In Escrow Including Funds In Transit
FundsHeldInEscrowIncludingFundsInTransit
|
123556000 | USD |
CY2019Q4 | upwk |
Funds Held In Escrow Including Funds In Transit
FundsHeldInEscrowIncludingFundsInTransit
|
108721000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
191931000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
159603000 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
34538000 | USD |
CY2019Q1 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
1100000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
29369000 | USD |
CY2020Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9549000 | USD |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7915000 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
24989000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
21454000 | USD |
CY2020Q1 | us-gaap |
Depreciation
Depreciation
|
700000 | USD |
CY2019Q1 | us-gaap |
Depreciation
Depreciation
|
800000 | USD |
CY2020Q1 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
1600000 | USD |
CY2020Q1 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
900000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | USD |
CY2020Q1 | upwk |
Accrued Compensation And Related Benefits Current
AccruedCompensationAndRelatedBenefitsCurrent
|
6089000 | USD |
CY2019Q4 | upwk |
Accrued Compensation And Related Benefits Current
AccruedCompensationAndRelatedBenefitsCurrent
|
5344000 | USD |
CY2020Q1 | upwk |
Accrued Freelancer Costs Current
AccruedFreelancerCostsCurrent
|
1665000 | USD |
CY2019Q4 | upwk |
Accrued Freelancer Costs Current
AccruedFreelancerCostsCurrent
|
622000 | USD |
CY2020Q1 | upwk |
Accrued Indirect Taxes Current
AccruedIndirectTaxesCurrent
|
1746000 | USD |
CY2019Q4 | upwk |
Accrued Indirect Taxes Current
AccruedIndirectTaxesCurrent
|
2401000 | USD |
CY2020Q1 | upwk |
Accrued Vendor Expenses Current
AccruedVendorExpensesCurrent
|
9499000 | USD |
CY2019Q4 | upwk |
Accrued Vendor Expenses Current
AccruedVendorExpensesCurrent
|
5485000 | USD |
CY2020Q1 | upwk |
Accrued Payment Processing Fees Current
AccruedPaymentProcessingFeesCurrent
|
870000 | USD |
CY2019Q4 | upwk |
Accrued Payment Processing Fees Current
AccruedPaymentProcessingFeesCurrent
|
832000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3134000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3214000 | USD |
CY2020Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
391000 | USD |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
444000 | USD |
CY2020Q1 | upwk |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
23394000 | USD |
CY2019Q4 | upwk |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
18342000 | USD |
CY2019Q4 | upwk |
Letters Of Credit Held
LettersOfCreditHeld
|
3 | letter |
CY2020Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
1000000.0 | USD |
CY2019Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
800000 | USD |
CY2020Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
31428000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
18321000 | USD |
CY2020Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
25000 | USD |
CY2019Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
38000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
31403000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
18283000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
22589000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
7584000 | USD |
CY2020Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
8814000 | USD |
CY2019Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
10699000 | USD |
CY2020Q1 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0431 | |
CY2019Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0693 | |
CY2020Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
49000000.0 | USD |
CY2019Q1 | upwk |
Adjusted Liquidity Ratio
AdjustedLiquidityRatio
|
1.75 | |
CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
15000000.0 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10021000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5160000 | USD |
CY2020Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
114118958 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
106639079 | shares |
CY2020Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
21218487 | shares |
CY2019Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
25290921 | shares |
CY2020Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2020Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
83196000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
68476000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
83196000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
68476000 | USD |