XML 23 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Beginning balance (shares) at Dec. 31, 2019 31,557,107        
Beginning balance at Dec. 31, 2019 $ 480.2        
Ending balance (shares) at Mar. 31, 2020 31,557,107        
Ending balance at Mar. 31, 2020 $ 480.2        
Beginning balance (shares) at Dec. 31, 2019   11,271,228      
Beginning balance at Dec. 31, 2019 (182.5) $ 0.0 $ 15.7 $ (198.3) $ 0.1
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares)   54,374      
Stock-based compensation 2.2   2.2    
Contribution to the Lemonade Foundation (shares)   500,000      
Contribution to the Lemonade Foundation 12.2   12.2    
Net loss (36.5)     (36.5)  
Ending balance (shares) at Mar. 31, 2020   11,825,602      
Ending balance at Mar. 31, 2020 $ (204.6) $ 0.0 30.1 (234.8) 0.1
Beginning balance (shares) at Dec. 31, 2019 31,557,107        
Beginning balance at Dec. 31, 2019 $ 480.2        
Ending balance (shares) at Jun. 30, 2020 31,557,107        
Ending balance at Jun. 30, 2020 $ 480.2        
Beginning balance (shares) at Dec. 31, 2019   11,271,228      
Beginning balance at Dec. 31, 2019 (182.5) $ 0.0 15.7 (198.3) 0.1
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Net loss (57.5)        
Ending balance (shares) at Jun. 30, 2020   12,369,701      
Ending balance at Jun. 30, 2020 $ (221.6) $ 0.0 33.9 (255.8) 0.3
Beginning balance (shares) at Mar. 31, 2020 31,557,107        
Beginning balance at Mar. 31, 2020 $ 480.2        
Ending balance (shares) at Jun. 30, 2020 31,557,107        
Ending balance at Jun. 30, 2020 $ 480.2        
Beginning balance (shares) at Mar. 31, 2020   11,825,602      
Beginning balance at Mar. 31, 2020 (204.6) $ 0.0 30.1 (234.8) 0.1
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options 0.1   0.1    
Exercise of stock options (shares)   30,562      
Stock-based compensation $ 2.4   2.4    
Release of shares upon repayment (shares) 513,537        
Release of shares upon repayment $ 1.3   1.3    
Net loss (21.0)     (21.0)  
Other comprehensive income 0.2       0.2
Ending balance (shares) at Jun. 30, 2020   12,369,701      
Ending balance at Jun. 30, 2020 $ (221.6) $ 0.0 33.9 (255.8) 0.3
Beginning balance (shares) at Dec. 31, 2020 0        
Beginning balance at Dec. 31, 2020 $ 0.0        
Ending balance (shares) at Mar. 31, 2021 0        
Ending balance at Mar. 31, 2021 $ 0.0        
Beginning balance (shares) at Dec. 31, 2020 56,774,294 56,774,294      
Beginning balance at Dec. 31, 2020 $ 541.0 $ 0.0 859.8 (320.6) 1.8
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Issuance of common stock upon closing of Follow-On Offering (shares)   4,018,647      
Issuance of common stock upon closing of Follow-on Offering, net of underwriting discounts and commissions and offering costs of $22.8 million 640.3   640.3    
Exercise of stock options 6.1   6.1    
Exercise of stock options (shares)   577,162      
Stock-based compensation 6.1   6.1    
Net loss (49.0)     (49.0)  
Other comprehensive income (0.8)       (0.8)
Ending balance (shares) at Mar. 31, 2021   61,370,103      
Ending balance at Mar. 31, 2021 $ 1,143.7 $ 0.0 1,512.3 (369.6) 1.0
Beginning balance (shares) at Dec. 31, 2020 0        
Beginning balance at Dec. 31, 2020 $ 0.0        
Ending balance (shares) at Jun. 30, 2021 0        
Ending balance at Jun. 30, 2021 $ 0.0        
Beginning balance (shares) at Dec. 31, 2020 56,774,294 56,774,294      
Beginning balance at Dec. 31, 2020 $ 541.0 $ 0.0 859.8 (320.6) 1.8
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 739,186        
Net loss $ (104.6)        
Ending balance (shares) at Jun. 30, 2021 61,532,127 61,532,127      
Ending balance at Jun. 30, 2021 $ 1,101.6 $ 0.0 1,525.9 (425.2) 0.9
Beginning balance (shares) at Mar. 31, 2021 0        
Beginning balance at Mar. 31, 2021 $ 0.0        
Ending balance (shares) at Jun. 30, 2021 0        
Ending balance at Jun. 30, 2021 $ 0.0        
Beginning balance (shares) at Mar. 31, 2021   61,370,103      
Beginning balance at Mar. 31, 2021 1,143.7 $ 0.0 1,512.3 (369.6) 1.0
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options 1.7   1.7    
Exercise of stock options (shares)   162,024      
Stock-based compensation 11.9   11.9    
Net loss (55.6)     (55.6)  
Other comprehensive income $ (0.1)       (0.1)
Ending balance (shares) at Jun. 30, 2021 61,532,127 61,532,127      
Ending balance at Jun. 30, 2021 $ 1,101.6 $ 0.0 $ 1,525.9 $ (425.2) $ 0.9