2021 Q1 Form 10-Q Financial Statement
#000144702821000027 Filed on May 05, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $2.113M | $1.491M |
YoY Change | 41.72% | 119.59% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $3.850M | $3.550M |
YoY Change | 8.45% | -19.5% |
% of Gross Profit | ||
Research & Development | $13.78M | $10.42M |
YoY Change | 32.32% | -29.2% |
% of Gross Profit | ||
Depreciation & Amortization | $443.0K | $500.0K |
YoY Change | -11.4% | -1.77% |
% of Gross Profit | ||
Operating Expenses | $17.79M | $14.64M |
YoY Change | 21.53% | -26.35% |
Operating Profit | -$15.68M | -$13.15M |
YoY Change | 19.24% | -31.51% |
Interest Expense | $772.0K | $1.041M |
YoY Change | -25.84% | 8575.0% |
% of Operating Profit | ||
Other Income/Expense, Net | -$705.0K | -$714.0K |
YoY Change | -1.26% | -82.39% |
Pretax Income | -$16.38M | -$13.86M |
YoY Change | 18.18% | -40.39% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$16.38M | -$13.86M |
YoY Change | 18.18% | -40.39% |
Net Earnings / Revenue | -775.25% | -929.64% |
Basic Earnings Per Share | -$0.21 | -$0.25 |
Diluted Earnings Per Share | -$0.21 | -$0.25 |
COMMON SHARES | ||
Basic Shares Outstanding | 93.43M shares | 67.68M shares |
Diluted Shares Outstanding | 93.43M shares | 67.68M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $132.0M | $84.90M |
YoY Change | 55.43% | -23.24% |
Cash & Equivalents | $79.42M | $26.42M |
Short-Term Investments | $52.54M | $58.50M |
Other Short-Term Assets | $4.100M | $2.400M |
YoY Change | 70.83% | 242.86% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $1.265M | $1.072M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $137.3M | $88.33M |
YoY Change | 55.48% | -21.47% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.584M | $8.176M |
YoY Change | -19.47% | -15.42% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $0.00 | $3.200M |
YoY Change | -100.0% | -81.9% |
Other Assets | $0.00 | $233.0K |
YoY Change | -100.0% | |
Total Long-Term Assets | $8.899M | $14.28M |
YoY Change | -37.69% | -85.24% |
TOTAL ASSETS | ||
Total Short-Term Assets | $137.3M | $88.33M |
Total Long-Term Assets | $8.899M | $14.28M |
Total Assets | $146.2M | $102.6M |
YoY Change | 42.51% | -50.95% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $400.0K | $3.600M |
YoY Change | -88.89% | 56.52% |
Accrued Expenses | $6.100M | $400.0K |
YoY Change | 1425.0% | -93.44% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $6.693M | $4.031M |
YoY Change | 66.04% | -54.31% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $25.40M | $25.30M |
YoY Change | 0.4% | 289.23% |
Total Long-Term Liabilities | $25.40M | $25.30M |
YoY Change | 0.4% | 289.23% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $6.693M | $4.031M |
Total Long-Term Liabilities | $25.40M | $25.30M |
Total Liabilities | $32.09M | $29.36M |
YoY Change | 9.31% | 4.82% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.066B | -$986.9M |
YoY Change | 7.97% | 18.74% |
Common Stock | $1.013B | $911.1M |
YoY Change | 11.2% | 3.28% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $114.1M | $73.26M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $146.2M | $102.6M |
YoY Change | 42.51% | -50.95% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$16.38M | -$13.86M |
YoY Change | 18.18% | -40.39% |
Depreciation, Depletion And Amortization | $443.0K | $500.0K |
YoY Change | -11.4% | -1.77% |
Cash From Operating Activities | -$17.88M | -$15.45M |
YoY Change | 15.71% | -6.8% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $99.00K | $0.00 |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $18.32M | -$2.400M |
YoY Change | -863.33% | -103.93% |
Cash From Investing Activities | $18.22M | -$2.401M |
YoY Change | -858.89% | -103.93% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $26.42M | $12.32M |
YoY Change | 114.53% | 447.82% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $26.87M | $12.48M |
YoY Change | 115.32% | 392.15% |
NET CHANGE | ||
Cash From Operating Activities | -$17.88M | -$15.45M |
Cash From Investing Activities | $18.22M | -$2.401M |
Cash From Financing Activities | $26.87M | $12.48M |
Net Change In Cash | $27.17M | -$5.383M |
YoY Change | -604.74% | -111.45% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$17.88M | -$15.45M |
Capital Expenditures | $99.00K | $0.00 |
Free Cash Flow | -$17.98M | -$15.45M |
YoY Change | 16.35% | -6.97% |
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OtherComprehensiveIncomeLossNetOfTax
|
3000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16381000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16381000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114149000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
114149000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72744000 | USD |
CY2020Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
0 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1460000 | USD |
CY2020Q1 | abus |
Adjustmentsto Additional Paidin Capital Certain Fair Value Adjustmentsto Liability Stock Option Awards
AdjustmentstoAdditionalPaidinCapitalCertainFairValueAdjustmentstoLiabilityStockOptionAwards
|
180000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12315000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
166000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
252000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13861000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
73256000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16381000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13861000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
443000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
500000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1635000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1445000 | USD |
CY2021Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-44000 | USD |
CY2020Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-10000 | USD |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
129000 | USD |
CY2020Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
112000 | USD |
CY2021Q1 | abus |
Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
|
959000 | USD |
CY2020Q1 | abus |
Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
|
656000 | USD |
CY2021Q1 | abus |
Non Cash Interest Expense Related To Sale Of Future Royalties
NonCashInterestExpenseRelatedToSaleOfFutureRoyalties
|
771000 | USD |
CY2020Q1 | abus |
Non Cash Interest Expense Related To Sale Of Future Royalties
NonCashInterestExpenseRelatedToSaleOfFutureRoyalties
|
1039000 | USD |
CY2021Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-159000 | USD |
CY2020Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-47000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-132000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
857000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
439000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2796000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3602000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-116000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-131000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17881000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-15453000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2030000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
24369000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
20350000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
21968000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
99000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
18221000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2401000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
26419000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12315000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
208000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
166000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
247000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
0 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
26874000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12481000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-44000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-10000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
27170000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-5383000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
52251000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
31799000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
79421000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26416000 | USD |
CY2021Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
3212000 | USD |
CY2020Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
2978000 | USD |
CY2021Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Nature of business and future operations<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">Description of the Business</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Arbutus Biopharma Corporation (the “Company” or “Arbutus”) is a clinical-stage, biopharmaceutical company primarily focused on developing a cure for people with chronic hepatitis B virus (“HBV”) infection. The Company is advancing multiple product candidates with distinct mechanisms of action that it believes have the potential to provide a new curative regimen for chronic HBV infection. The Company has also initiated a drug discovery and development effort for treating coronaviruses, including COVID-19.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company’s two lead product candidates are AB-729, the Company’s proprietary subcutaneously-delivered RNA interference (“RNAi”) product candidate that suppresses HBsAg expression, and AB-836, the Company’s proprietary next-generation oral capsid inhibitor that suppresses HBV DNA replication. AB-729 is currently in an ongoing Phase 1a/1b clinical trial and a Phase 2 clinical trial in collaboration with Assembly Biosciences, Inc. (“Assembly”). The Company initiated a Phase 1a/1b clinical trial for AB-836 in the first quarter of 2021 with initial data expected in the second half of 2021.</span></div><div style="text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Liquidity</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2021, the Company had an aggregate of $132.0 million in cash, cash equivalents and investments in marketable securities. The Company believes that these cash resources will be sufficient to fund its operations through the third quarter of 2022. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The success of the Company is dependent on obtaining the necessary regulatory approvals to bring its products to market and achieve profitable operations. The Company’s research and development activities and the commercialization of its products are dependent on its ability to successfully complete these activities and to obtain adequate financing through a combination of financing activities and operations. It is not possible to predict either the outcome of the Company’s existing or future research and development programs or the Company’s ability to continue to fund these programs in the future.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:115%">COVID-19 Impact </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, an outbreak of a novel strain of coronavirus (COVID-19) was identified in Wuhan, China. This virus continues to spread globally, has been declared a pandemic by the World Health Organization and has spread to nearly every country in the world. The impact of this pandemic has been, and will likely continue to be, extensive in many aspects of society. The pandemic has resulted in and will likely continue to result in significant disruptions to businesses. A number of countries and other jurisdictions around the world have implemented extreme measures to try and slow the spread of the virus. These measures include the closing of businesses and requiring people to stay in their homes, the latter of which raises uncertainty regarding the ability to travel to hospitals in order to participate in clinical trials. Additional measures that have had, and will likely continue to have, a major impact on clinical development, at least in the near-term, include shortages and delays in the supply chain, as well as prohibitions in certain countries on enrolling subjects in new clinical trials. Future disruptions related to the COVID-19 pandemic could negatively impact the Company’s plans and timelines for the remainder of 2021 and beyond, including enrolling and monitoring subjects in its clinical trials.</span></div> | |
CY2021Q1 | abus |
Number Of Products
NumberOfProducts
|
2 | product |
CY2021Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
132000000.0 | USD |
CY2021Q1 | abus |
Wholly Owned Subsidiaries Includedin Financial Statements
WhollyOwnedSubsidiariesIncludedinFinancialStatements
|
1 | subsidiary |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
35000000.0 | shares |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
30400000 | shares |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
3600000 | USD |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
100000 | USD |
CY2020Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
3426000 | USD |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
129000 | USD |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
3555000 | USD |
CY2019Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
2953000 | USD |
CY2020Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
112000 | USD |
CY2020Q1 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
3065000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
52523000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
17000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
52540000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
71003000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
15000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
71017000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
52500000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
71000000.0 | USD |
CY2021Q1 | us-gaap |
Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
|
0 | USD |
CY2020Q1 | us-gaap |
Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
|
0 | USD |
CY2021Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
355000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
2994000 | USD |
CY2021Q1 | abus |
Accrued Research And Development
AccruedResearchAndDevelopment
|
4112000 | USD |
CY2020Q4 | abus |
Accrued Research And Development
AccruedResearchAndDevelopment
|
1653000 | USD |
CY2021Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
690000 | USD |
CY2020Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
679000 | USD |
CY2021Q1 | abus |
Accrued Payroll Current
AccruedPayrollCurrent
|
896000 | USD |
CY2020Q4 | abus |
Accrued Payroll Current
AccruedPayrollCurrent
|
3566000 | USD |
CY2021Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
10000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
9000 | USD |
CY2021Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
6063000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
8901000 | USD |
CY2020Q4 | abus |
Liability Related To Sale Of Future Royalties Noncurrent
LiabilityRelatedToSaleOfFutureRoyaltiesNoncurrent
|
19554000 | USD |
CY2019Q4 | abus |
Liability Related To Sale Of Future Royalties Noncurrent
LiabilityRelatedToSaleOfFutureRoyaltiesNoncurrent
|
18992000 | USD |
CY2021Q1 | abus |
Liability From Sale Of Future Royalties Non Cash Royalty Income
LiabilityFromSaleOfFutureRoyaltiesNonCashRoyaltyIncome
|
959000 | USD |
CY2020Q1 | abus |
Liability From Sale Of Future Royalties Non Cash Royalty Income
LiabilityFromSaleOfFutureRoyaltiesNonCashRoyaltyIncome
|
656000 | USD |
CY2021Q1 | abus |
Liability From Sale Of Future Royalties Non Cash Expense
LiabilityFromSaleOfFutureRoyaltiesNonCashExpense
|
771000 | USD |
CY2020Q1 | abus |
Liability From Sale Of Future Royalties Non Cash Expense
LiabilityFromSaleOfFutureRoyaltiesNonCashExpense
|
1039000 | USD |
CY2021Q1 | abus |
Liability Related To Sale Of Future Royalties Noncurrent
LiabilityRelatedToSaleOfFutureRoyaltiesNoncurrent
|
19366000 | USD |
CY2020Q1 | abus |
Liability Related To Sale Of Future Royalties Noncurrent
LiabilityRelatedToSaleOfFutureRoyaltiesNoncurrent
|
19375000 | USD |
CY2021Q1 | abus |
Royalty Entitlements
RoyaltyEntitlements
|
2 | product |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
2113000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
1491000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.33 | |
CY2020Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.35 | |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1635000 | USD |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1445000 | USD |