Redeemable Convertible Preferred Stock (Tables)

9 Months Ended

Sep. 30, 2019

Temporary Equity Disclosure [Abstract]

Schedule of Fair Value Assumptions

The fair value of the redeemable convertible preferred stock warrants was determined using the following assumptions:

	September 17, 2019		December 31, 2018
Remaining contractual life (in years)	1.6		2.3
Expected volatility	38.8	%	39.2	%
Risk-free interest rate	1.8	%	2.5	%
Expected dividend rate	—		—

In the three and nine months ended September 30, 2019, the warrants were exercised and such shares were settled via the net settlement method, resulting in the issuance of 174,347 shares of the Company's Class B common stock.