XML 114 R67.htm IDEA: XBRL DOCUMENT v3.20.4
Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - Additional Information (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Oct. 12, 2018
Oct. 31, 2018
May 31, 2018
Dec. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Class Of Stock [Line Items]            
Preferred stock, shares issued       0 0 0
Issuance costs         $ 4,937,000  
Cumulative preferential dividends entitlement as percentage of annual rate of original issue price of each share of preferred stock         10.00%  
Cumulative preferred dividends paid in arrears   $ 6,400,000 $ 18,600,000      
Offering price per share       $ 5.94 $ 5.94  
Charitable stock donation       $ 41,700,000 $ 41,721,000  
Percentage of discount rate       13.00%    
Redeemable Convertible Preferred Stock            
Class Of Stock [Line Items]            
Preferred stock, shares issued 126,045,531          
Gross proceeds from issuance of stock $ 748,800,000          
Issuance costs $ 11,800,000          
Temporary equity into common stock, conversion rate         1  
Temporary equity, liquidation preference       $ 0 $ 0  
Minimum net proceeds required under qualified initial public offering         $ 200,000,000  
Temporary equity, conversion description         Each share of preferred stock was convertible, at the option of the holder, into shares of common stock by dividing the original issue price by the conversion price, subject to adjustments for certain events as defined by the Amended Certificate of Incorporation. Each redeemable convertible preferred share would automatically be converted into common stock upon the election by the majority of investors provided in writing to the Company at the rate of 1:1. The number of shares of common stock issuable upon conversion of each share of redeemable convertible preferred stock shall be appropriately adjusted to reflect any stock dividend, stock split or other similar event affecting the number of outstanding shares of common stock. Each share of preferred stock would automatically be converted into common stock, (i) immediately prior to the closing of a Qualified IPO, (ii) upon the election of the preferred majority provided in writing to the Company, which notice may be provided at any time, or (iii) immediately at such time as the liquidation preference had been reduced to zero. A Qualified IPO was defined as a sale of any class of shares of the Company, resulting in at least $200 million of net proceeds to the Company, in which the per share price of the shares of Common Stock being offered in such public offering was at least (i) prior to October 12, 2022, 1.25x the original issue price and (ii) on or following October 12, 2022, one times the original issue price. In addition, the Company shall not redeem any portion of the preferred stock, without majority written consent of the preferred stockholders.  
Temporary equity, dividends accrued or payable         $ 0  
Redeemable Convertible Preferred Stock | Prior To October 12, 2022            
Class Of Stock [Line Items]            
Offering price per share required under qualified initial public offering as percentage of original issue price         125.00%  
Redeemable Convertible Preferred Stock | On or Following October 12, 2022            
Class Of Stock [Line Items]            
Offering price per share required under qualified initial public offering as percentage of original issue price         100.00%  
Preferred and Common Stockholders            
Class Of Stock [Line Items]            
Payments of special dividend   $ 1,167,100,000 $ 154,400,000      
Common Class A            
Class Of Stock [Line Items]            
Charitable stock donation, Shares       1,075,000