XML 67 R37.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Components of Loss Before Provision for Income Taxes | The components of loss before provision for income taxes for the periods presented are as follows (in thousands):
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Domestic |  | $ | (207,314 | ) |  | $ | (146,227 | ) |  | $ | (68,606 | )
Foreign |  |  | 16 |  |  |  | — |  |  |  | — |
Total loss before provision for income taxes |  | $ | (207,298 | ) |  | $ | (146,227 | ) |  | $ | (68,606 | )
Schedule of Components of Deferred Tax Assets and Liabilities | The significant components of our deferred tax assets and liabilities as of the dates presented are as follows (in thousands):
|  | December 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets |  |  |  |  |  |  |  |
Net operating losses |  | $ | 200,363 |  |  | $ | 105,433 |
Tax credit carryforward |  |  | 31,200 |  |  |  | 18,981 |
Nonqualifying stock options |  |  | 18,072 |  |  |  | 12,096 |
Deferred rent |  |  | — |  |  |  | — |
Operating lease liabilities |  |  | 30,401 |  |  |  | 31,052 |
Deferred revenue |  |  | 42,481 |  |  |  | 59,713 |
Other |  |  | 4,345 |  |  |  | 2,983 |
Total deferred tax assets |  |  | 326,862 |  |  |  | 230,258 |
Less: Valuation allowance |  |  | (297,020 | ) |  |  | (197,527 | )
Deferred tax assets, net of valuation allowance |  |  | 29,842 |  |  |  | 32,731 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Tangible and intangible assets |  |  | (7,310 | ) |  |  | (5,760 | )
ROU assets |  |  | (22,532 | ) |  |  | (26,971 | )
Net deferred taxes |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Effective Tax Rate of Provision for Income Taxes Differs from Federal Statutory Rate | The effective tax rate of our provision for income taxes differs from the federal statutory rate for the periods presented as follows:
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Statutory rate |  | 21.0% |  | 21.0% |  | 21.0%
State tax, net of federal tax benefit |  | 8.3 |  | 13.8 |  | 8.1
Stock compensation |  | 14.1 |  | 25.2 |  | 9.8
Permanent items |  | (0.1) |  | (0.1) |  | (1.0)
Credits |  | 4.7 |  | 5.7 |  | 6.1
Other |  | (0.3) |  | 0.5 |  | 0.3
Change in valuation allowance |  | (47.7) |  | (66.1) |  | (44.3)
Total |  | 0.0% |  | 0.0% |  | 0.0%
Schedule of Change in Unrecognized Tax Benefits | A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the dates presented are as follows (in thousands):
Balance at December 31, 2018 |  | $ | 1,260 |
Additions in 2019 |  |  | 792 |
Balance at December 31, 2019 |  |  | 2,052 |
Additions in 2020 |  |  | 1,437 |
Balance at December 31, 2020 |  |  | 3,489 |
Additions in 2021 |  |  | 3,426 |
Balance at December 31, 2021 |  | $ | 6,915 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32840-109319 + Details
Name: | us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration