2024 Q1 Form 10-K Financial Statement

#000170305724000019 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $9.954M $9.179M $38.03M
YoY Change -18.36% -57.4% -92.17%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $20.72M $19.07M $75.18M
YoY Change 9.58% 21.44% 12.62%
% of Gross Profit
Research & Development $39.29M $48.62M $175.7M
YoY Change -25.38% 72.14% 62.83%
% of Gross Profit
Depreciation & Amortization $3.200M $7.495M $12.80M
YoY Change 10.34% -45.64% 42.22%
% of Gross Profit
Operating Expenses $64.85M $75.23M $275.2M
YoY Change -15.85% 26.82% 2.35%
Operating Profit -$54.89M -$237.2M
YoY Change -15.38% -209.56%
Interest Expense $10.40M $10.97M $46.15M
YoY Change 6.58% -8.85% 283.47%
% of Operating Profit
Other Income/Expense, Net $12.15M $6.482M $63.18M
YoY Change -27.38% -214.36% 179.7%
Pretax Income -$42.75M -$48.60M -$174.0M
YoY Change -11.22% 54.72% -172.79%
Income Tax -$2.137M -$1.452M -$27.63M
% Of Pretax Income
Net Earnings -$40.61M -$47.15M -$146.4M
YoY Change 1.25% 57.73% -192.35%
Net Earnings / Revenue -407.98% -513.67% -385.0%
Basic Earnings Per Share -$0.14 -$0.51
Diluted Earnings Per Share -$0.14 -$0.16 -$0.51
COMMON SHARES
Basic Shares Outstanding 292.8M shares 290.2M shares 289.2M shares
Diluted Shares Outstanding 292.7M shares 289.2M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $698.0M $760.6M $760.6M
YoY Change 261.64% 39.58% 96.77%
Cash & Equivalents $123.6M 52.20M cads $133.3M
Short-Term Investments $574.5M $627.3M $627.3M
Other Short-Term Assets $56.51M $55.81M $45.91M
YoY Change -43.01% -25.99% 34.78%
Inventory $738.0K $1.107M $1.107M
Prepaid Expenses
Receivables $34.42M $30.59M $30.59M
Other Receivables $34.36M $33.79M $33.79M
Total Short-Term Assets $813.9M $872.0M $872.0M
YoY Change -13.47% -14.97% -14.97%
LONG-TERM ASSETS
Property, Plant & Equipment $306.1M $287.7M $287.7M
YoY Change 31.26% 32.42% 32.42%
Goodwill $47.81M $47.80M
YoY Change 0.0% -0.01%
Intangibles $118.7M $120.4M
YoY Change -7.85% -8.42%
Long-Term Investments $71.59M $65.94M $98.24M
YoY Change 24.33% -9.08% 35.46%
Other Assets $104.9M $94.24M $61.94M
YoY Change 16.79% 103.41% 33.7%
Total Long-Term Assets $649.1M $616.1M $616.1M
YoY Change 16.49% 19.54% 19.54%
TOTAL ASSETS
Total Short-Term Assets $813.9M $872.0M $872.0M
Total Long-Term Assets $649.1M $616.1M $616.1M
Total Assets $1.463B $1.488B $1.488B
YoY Change -2.32% -3.43% -3.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.91M $25.51M $25.51M
YoY Change 53.15% 72.03% 72.03%
Accrued Expenses $8.378M $13.87M $13.87M
YoY Change 42.77% 148.34%
Deferred Revenue $10.57M $18.96M
YoY Change -10.52% -12.28%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $104.9M $119.0M $119.0M
YoY Change 17.07% 0.59% 0.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.735M $5.906M $186.2M
YoY Change 93.62% 91.38% 19.23%
Total Long-Term Liabilities $228.3M $216.8M $186.2M
YoY Change 14.25% 14.5% 19.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.9M $119.0M $119.0M
Total Long-Term Liabilities $228.3M $216.8M $186.2M
Total Liabilities $333.2M $335.8M $335.8M
YoY Change 15.12% 9.15% 9.15%
SHAREHOLDERS EQUITY
Retained Earnings $239.2M $279.8M
YoY Change -38.05% -34.35%
Common Stock $892.6M $874.3M
YoY Change 8.26% 8.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.130B $1.152B $1.152B
YoY Change
Total Liabilities & Shareholders Equity $1.463B $1.488B $1.488B
YoY Change -2.32% -3.43% -3.43%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$40.61M -$47.15M -$146.4M
YoY Change 1.25% 57.73% -192.35%
Depreciation, Depletion And Amortization $3.200M $7.495M $12.80M
YoY Change 10.34% -45.64% 42.22%
Cash From Operating Activities -$41.71M -$19.58M -$43.88M
YoY Change -5.34% -163.33% -115.82%
INVESTING ACTIVITIES
Capital Expenditures $24.14M $14.41M $76.95M
YoY Change 61.11% 16.85% 8.9%
Acquisitions $0.00
YoY Change
Other Investing Activities $54.05M -$9.901M -$143.6M
YoY Change -140.15% 109.19% -48.71%
Cash From Investing Activities $29.91M -$24.31M -$221.1M
YoY Change -119.99% 42.46% -37.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.831M 3.756M $10.36M
YoY Change -718.12% 976.22% -736.12%
NET CHANGE
Cash From Operating Activities -$41.71M -19.58M -$43.88M
Cash From Investing Activities $29.91M -24.31M -$221.1M
Cash From Financing Activities $2.831M 3.756M $10.36M
Net Change In Cash -$9.748M -40.13M -$254.0M
YoY Change -94.98% -382.64% 193.72%
FREE CASH FLOW
Cash From Operating Activities -$41.71M -$19.58M -$43.88M
Capital Expenditures $24.14M $14.41M $76.95M
Free Cash Flow -$65.85M -$33.98M -$120.8M
YoY Change 11.52% -282.89% -158.45%

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CY2023 abcl Non Cash Or Part Non Cash Acquisition Property And Equipment Purchases In Accounts Payable
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NoncashOrPartNoncashAcquisitionRightOfUseAssetsObtainedInExchangeForOperatingLeaseObligation
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CY2023 abcl Noncash Or Part Noncash Acquisition Right Of Use Assets Obtained In Exchange For Operating Lease Obligation
NoncashOrPartNoncashAcquisitionRightOfUseAssetsObtainedInExchangeForOperatingLeaseObligation
1199000 usd
CY2023 us-gaap Nature Of Operations
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Nature of operations<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">AbCellera Biologics Inc.’s (the “Company”) mission is to bring better antibody drugs to patients faster, solve long-standing problems, and transform how antibody drugs are discovered. The Company aims to bring antibody therapeutics from target to clinic by combining expertise, technologies, and infrastructure to build an engine for antibody drug discovery and development. The Company uses the engine to both work with partners to build a large and diversified portfolio of royalty (and equivalent) stakes in future antibody drugs and to develop its own pipeline of future antibody drugs. The Company partners with companies of all sizes - from innovative biotechnology companies to leading pharmaceutical companies - propelling programs to the clinic, together</span>.
CY2021Q4 abcl Company Contributed Segregated Account Representing Loss
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CY2023 us-gaap Use Of Estimates
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<div style="margin-top:18pt;padding-left:18pt"><span style="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>The preparation of the consolidated financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Areas of significant estimates include, but are not limited to, revenue recognition including estimated timing of completion of performance obligations and determining whether an option for additional goods or services represents a material right, the fair value of acquired intangible assets, and contingent consideration payable, and the estimates of stock-based compensation awards. The Company bases its estimates on historical experience, known trends and other market-specific or other relevant factors that it believes to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates when there are changes in circumstances, facts and experience. Changes in estimates are recorded in the period in which they become known. Actual results could significantly differ from those estimates.
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Earnings Per Share Diluted
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CY2023 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q4 us-gaap Income Taxes Receivable
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CY2023Q4 abcl Prepaid Expense And Other Current
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CY2023Q4 abcl Materials And Supplies Current
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1107000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
75413000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
55810000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
80838000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73141000 usd
CY2022Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsBeforeAccumulatedDepreciationAndAmortization
235730000 usd
CY2023Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsBeforeAccumulatedDepreciationAndAmortization
318304000 usd
CY2022Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsAccumulatedDepreciationAndAmortization
18475000 usd
CY2023Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsAccumulatedDepreciationAndAmortization
30608000 usd
CY2022Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsAfterAccumulatedDepreciationAndAmortization
217255000 usd
CY2023Q4 abcl Property Plant And Equipment And Operating Lease Right Of Use Assets After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetsAfterAccumulatedDepreciationAndAmortization
287696000 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
91000000 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
0 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
13700000 usd
CY2021 us-gaap Depreciation
Depreciation
4400000 usd
CY2022 us-gaap Depreciation
Depreciation
9000000 usd
CY2023 us-gaap Depreciation
Depreciation
12800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
154583000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23081000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
131502000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
155143000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34718000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
120425000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10500000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11600000 usd
CY2022 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
8400000 usd
CY2022 abcl Impairment Of Intangible Assets Finite Lived Net Of Deferred Income Tax
ImpairmentOfIntangibleAssetsFiniteLivedNetOfDeferredIncomeTax
6300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4912000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4297000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4297000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4297000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4297000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22100000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
47800000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023 abcl Number Of Joint Ventures
NumberOfJointVentures
2 jointventure
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
900000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1800000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
14828000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
25509000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5583000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6158000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6454000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7707000 usd
CY2022Q4 abcl Deferred Grant Funding Current
DeferredGrantFundingCurrent
6285000 usd
CY2023Q4 abcl Deferred Grant Funding Current
DeferredGrantFundingCurrent
7112000 usd
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
19347000 usd
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
3094000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
52497000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
49580000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2022 us-gaap Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
Unlimited
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
286851595 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
286851595 shares
CY2023 us-gaap Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
Unlimited
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
290824970 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
290824970 shares
CY2023 us-gaap Dividends Cash
DividendsCash
0 usd
CY2021Q1 abcl Conversion Of Liability Classified Options To Equity
ConversionOfLiabilityClassifiedOptionsToEquity
5700000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30646000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
49481000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
64184000 usd
CY2023 us-gaap Dividends
Dividends
0 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
41128000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27153000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4700000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11500000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17000000 usd
CY2022 abcl Government Assistance Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
GovernmentAssistanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
Government Contribution 1
CY2022 abcl Government Assistance Accounts Receivable Current
GovernmentAssistanceAccountsReceivableCurrent
6927000 usd
CY2022 abcl Government Assistance Non Repayable Current
GovernmentAssistanceNonRepayableCurrent
5100000 usd
CY2022 abcl Government Assistance Conditionally Repayable Current
GovernmentAssistanceConditionallyRepayableCurrent
1185000 usd
CY2022 abcl Government Assistance Repayable Current
GovernmentAssistanceRepayableCurrent
0 usd
CY2022 abcl Government Assistance Amount Current
GovernmentAssistanceAmountCurrent
6285000 usd
CY2022 abcl Government Assistance Accounts Receivable Long Term
GovernmentAssistanceAccountsReceivableLongTerm
0 usd
CY2022 abcl Government Assistance Non Repayable Long Term
GovernmentAssistanceNonRepayableLongTerm
9764000 usd
CY2022 abcl Government Assistance Conditionally Repayable Long Term
GovernmentAssistanceConditionallyRepayableLongTerm
31037000 usd
CY2022 abcl Government Assistance Repayable Long Term
GovernmentAssistanceRepayableLongTerm
0 usd
CY2022 abcl Government Assistance Amount Noncurrent
GovernmentAssistanceAmountNoncurrent
40801000 usd
CY2022 abcl Government Assistance Weighted Average Life
GovernmentAssistanceWeightedAverageLife
P8Y
CY2023 abcl Government Assistance Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
GovernmentAssistanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
Government Contribution 1
CY2023 abcl Government Assistance Accounts Receivable
GovernmentAssistanceAccountsReceivable
36051000 usd
CY2023 abcl Government Assistance Non Repayable
GovernmentAssistanceNonRepayable
14811000 usd
CY2023 abcl Government Assistance Conditionally Repayable
GovernmentAssistanceConditionallyRepayable
71796000 usd
CY2023 abcl Government Assistance Repayable
GovernmentAssistanceRepayable
16420000 usd
CY2023 us-gaap Government Assistance Amount
GovernmentAssistanceAmount
103027000 usd
CY2023 abcl Government Assistance Accounts Receivable Current
GovernmentAssistanceAccountsReceivableCurrent
26945000 usd
CY2023 abcl Government Assistance Non Repayable Current
GovernmentAssistanceNonRepayableCurrent
4450000 usd
CY2023 abcl Government Assistance Conditionally Repayable Current
GovernmentAssistanceConditionallyRepayableCurrent
2662000 usd
CY2023 abcl Government Assistance Repayable Current
GovernmentAssistanceRepayableCurrent
0 usd
CY2023 abcl Government Assistance Amount Current
GovernmentAssistanceAmountCurrent
7112000 usd
CY2023 abcl Government Assistance Accounts Receivable Long Term
GovernmentAssistanceAccountsReceivableLongTerm
9106000 usd
CY2023 abcl Government Assistance Non Repayable Long Term
GovernmentAssistanceNonRepayableLongTerm
10361000 usd
CY2023 abcl Government Assistance Conditionally Repayable Long Term
GovernmentAssistanceConditionallyRepayableLongTerm
69134000 usd
CY2023 abcl Government Assistance Repayable Long Term
GovernmentAssistanceRepayableLongTerm
16420000 usd
CY2023 abcl Government Assistance Amount Noncurrent
GovernmentAssistanceAmountNoncurrent
95915000 usd
CY2022 abcl Government Assistance Weighted Average Life
GovernmentAssistanceWeightedAverageLife
P8Y
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-27707000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
219149000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
239099000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-174029000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
211471000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
279771000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-146322000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7678000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-40672000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
60498000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
81392000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-29591000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7248000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1300000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
67746000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
82692000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-29591000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1342000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2322000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4526000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-719000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2021 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
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CY2022 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
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CY2023 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
1960000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65685000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80580000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
67746000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
82692000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
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CY2022 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
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CY2023 abcl Deferred And Other Income Tax Expense Benefit
DeferredAndOtherIncomeTaxExpenseBenefit
1960000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65685000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80580000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
219149000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
239099000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-174029000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.27
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.27
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.27
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
59170000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
64557000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-46988000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
7007000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
11710000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
17081000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5007000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8318000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11485000 usd
CY2021 abcl Income Tax Reconciliation Change In Tax Rate Differential
IncomeTaxReconciliationChangeInTaxRateDifferential
0 usd
CY2022 abcl Income Tax Reconciliation Change In Tax Rate Differential
IncomeTaxReconciliationChangeInTaxRateDifferential
1911000 usd
CY2023 abcl Income Tax Reconciliation Change In Tax Rate Differential
IncomeTaxReconciliationChangeInTaxRateDifferential
1042000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
1000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
3529000 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-344000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4809000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
5908000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
7428000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-691000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
285000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-395000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65685000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80580000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-27631000 usd
CY2022Q4 abcl Deferred Tax Assets Government Contributions
DeferredTaxAssetsGovernmentContributions
7695000 usd
CY2023Q4 abcl Deferred Tax Assets Government Contributions
DeferredTaxAssetsGovernmentContributions
4389000 usd
CY2022Q4 abcl Deferred Tax Assets Financing Fee
DeferredTaxAssetsFinancingFee
4827000 usd
CY2023Q4 abcl Deferred Tax Assets Financing Fee
DeferredTaxAssetsFinancingFee
3092000 usd
CY2022Q4 abcl Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
17355000 usd
CY2023Q4 abcl Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
17211000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
6042000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
21241000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5054000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
7256000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1807000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
24303000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4696000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3725000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
47476000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
81217000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8450000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
17303000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
32682000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
30117000 usd
CY2022Q4 abcl Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
16687000 usd
CY2023Q4 abcl Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
16569000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4094000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
13186000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
61913000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
77175000 usd
CY2022Q4 abcl Deferred Tax Liabilities Net Of Deferred Tax Assets Gross
DeferredTaxLiabilitiesNetOfDeferredTaxAssetsGross
14437000 usd
CY2023Q4 abcl Deferred Tax Liabilities Net Of Deferred Tax Assets Gross
DeferredTaxLiabilitiesNetOfDeferredTaxAssetsGross
-4042000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13411000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
33840000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
27848000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
29798000 usd
CY2022Q4 abcl Deferred Tax Assets Net Of Valuation Allowance By Legal Entity
DeferredTaxAssetsNetOfValuationAllowanceByLegalEntity
5330000 usd
CY2023Q4 abcl Deferred Tax Assets Net Of Valuation Allowance By Legal Entity
DeferredTaxAssetsNetOfValuationAllowanceByLegalEntity
814000 usd
CY2022Q4 abcl Deferred Tax Liability Goss By Legal Entity
DeferredTaxLiabilityGossByLegalEntity
33178000 usd
CY2023Q4 abcl Deferred Tax Liability Goss By Legal Entity
DeferredTaxLiabilityGossByLegalEntity
30612000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
27848000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
29798000 usd
CY2023Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
10200000 usd
CY2023 abcl Non Capital Loss And Investment Tax Credits Backup Period
NonCapitalLossAndInvestmentTaxCreditsBackupPeriod
P3Y
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
18200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
19400000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
19400000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
100000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5583000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6158000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76675000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
71222000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
82258000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
77380000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9807000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9694000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9280000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8248000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8270000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
58818000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y6M
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
3700000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
7100000 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
9500000 usd
CY2021 us-gaap Variable Lease Payment
VariableLeasePayment
400000 usd
CY2022 us-gaap Variable Lease Payment
VariableLeasePayment
1800000 usd
CY2023 us-gaap Variable Lease Payment
VariableLeasePayment
1100000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Term
DebtSecuritiesAvailableForSaleTerm
P0Y4M24D
CY2021 us-gaap Royalty Expense
RoyaltyExpense
45500000 usd
CY2022 us-gaap Royalty Expense
RoyaltyExpense
66400000 usd
CY2023 us-gaap Royalty Expense
RoyaltyExpense
0 usd
CY2023Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.10
CY2023Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
3200000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
2000000 usd
CY2022Q4 abcl Accounts And Accrued Royalty Receivable Amounts Due Number Of Customers
AccountsAndAccruedRoyaltyReceivableAmountsDueNumberOfCustomers
21 customer
CY2023Q4 abcl Accounts And Accrued Royalty Receivable Amounts Due Number Of Customers
AccountsAndAccruedRoyaltyReceivableAmountsDueNumberOfCustomers
10 customer
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133300000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
27300000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
627300000 usd
CY2023Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.0100
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44900000 cad
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52200000 cad
CY2023Q4 abcl Business Acquisitions Purchase Price Allocation Adjustments
BusinessAcquisitionsPurchasePriceAllocationAdjustments
0 usd

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