2024 Q1 Form 10-K Financial Statement

#000144702824000035 Filed on March 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.532M $2.145M $18.14M
YoY Change -77.09% -65.65% -53.51%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.312M $5.101M $22.48M
YoY Change -4.32% 20.05% 26.02%
% of Gross Profit
Research & Development $15.40M $17.56M $73.70M
YoY Change -15.72% -23.47% -12.69%
% of Gross Profit
Depreciation & Amortization $355.0K $359.0K $1.400M
YoY Change 6.29% 16.94% 0.0%
% of Gross Profit
Operating Expenses $20.90M $22.89M $96.24M
YoY Change -13.3% -20.53% -7.88%
Operating Profit -$19.36M -$78.10M
YoY Change 11.2% 19.32%
Interest Expense $44.00K $1.435M $459.0K
YoY Change -77.78% 127.78% -73.41%
% of Operating Profit
Other Income/Expense, Net $1.488M $5.254M
YoY Change 38.55% 1083.33%
Pretax Income -$17.88M -$19.31M -$14.80M
YoY Change 9.4% -11.95% -48.43%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$17.88M -$19.31M -$72.85M
YoY Change 9.4% -11.95% 4.89%
Net Earnings / Revenue -1166.78% -900.33% -401.57%
Basic Earnings Per Share -$0.10 -$0.44
Diluted Earnings Per Share -$0.10 -$0.11 -$0.44
COMMON SHARES
Basic Shares Outstanding 179.5M shares 167.7M shares 166.0M shares
Diluted Shares Outstanding 175.6M shares 166.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $129.2M $126.0M $126.0M
YoY Change -11.92% -14.23% -14.23%
Cash & Equivalents $43.10M $26.29M $26.29M
Short-Term Investments $86.14M $99.72M $99.72M
Other Short-Term Assets $4.493M $4.248M $4.248M
YoY Change 29.78% 47.81% 47.81%
Inventory
Prepaid Expenses
Receivables $2.139M $1.776M $1.776M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $135.9M $132.0M $132.0M
YoY Change -11.11% -12.65% -12.65%
LONG-TERM ASSETS
Property, Plant & Equipment $4.414M $4.674M $6.090M
YoY Change -9.05% -7.81% -10.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $6.284M
YoY Change -83.18%
Other Assets $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets $14.42M $12.37M $12.37M
YoY Change -62.42% -72.06% -72.06%
TOTAL ASSETS
Total Short-Term Assets $135.9M $132.0M $132.0M
Total Long-Term Assets $14.42M $12.37M $12.37M
Total Assets $150.3M $144.4M $144.4M
YoY Change -21.41% -26.11% -26.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.743M $3.223M $3.223M
YoY Change 52.46% -8.44% -8.44%
Accrued Expenses $5.006M $7.473M $7.473M
YoY Change -34.51% -41.98% -41.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.30M $22.49M $22.49M
YoY Change -19.31% -31.56% -31.56%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $15.36M $15.90M $15.90M
YoY Change -30.68% -38.17% -38.17%
Total Long-Term Liabilities $15.36M $15.90M $15.90M
YoY Change -30.68% -38.17% -38.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.30M $22.49M $22.49M
Total Long-Term Liabilities $15.36M $15.90M $15.90M
Total Liabilities $35.65M $38.38M $38.38M
YoY Change -24.64% -34.46% -34.46%
SHAREHOLDERS EQUITY
Retained Earnings -$1.295B -$1.277B
YoY Change 6.1% 6.05%
Common Stock $1.377B $1.350B
YoY Change 2.83% 2.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $114.6M $106.0M $106.0M
YoY Change
Total Liabilities & Shareholders Equity $150.3M $144.4M $144.4M
YoY Change -21.41% -26.11% -26.11%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$17.88M -$19.31M -$72.85M
YoY Change 9.4% -11.95% 4.89%
Depreciation, Depletion And Amortization $355.0K $359.0K $1.400M
YoY Change 6.29% 16.94% 0.0%
Cash From Operating Activities -$19.30M -$17.29M -$85.94M
YoY Change -29.32% 1.78% 143.06%
INVESTING ACTIVITIES
Capital Expenditures $95.00K -$2.000K $1.008M
YoY Change -18.8% -101.49% 96.88%
Acquisitions
YoY Change
Other Investing Activities $11.79M $22.22M $51.78M
YoY Change -29.81% 73.42% -169.57%
Cash From Investing Activities $11.69M $22.23M $50.77M
YoY Change -29.88% 75.25% -167.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $24.43M 3.807M $30.65M
YoY Change 19.66% -65.65% -3.67%
NET CHANGE
Cash From Operating Activities -$19.30M -17.29M -$85.94M
Cash From Investing Activities $11.69M 22.23M $50.77M
Cash From Financing Activities $24.43M 3.807M $30.65M
Net Change In Cash $16.82M 8.740M -$4.491M
YoY Change 71.63% 28.98% -94.28%
FREE CASH FLOW
Cash From Operating Activities -$19.30M -$17.29M -$85.94M
Capital Expenditures $95.00K -$2.000K $1.008M
Free Cash Flow -$19.39M -$17.29M -$86.94M
YoY Change -29.28% 0.97% 142.4%

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CY2023 us-gaap Payments To Acquire Investments
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CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
130430000 usd
CY2023 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
132270000 usd
CY2022 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
56000000 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
20000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1008000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
512000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
50773000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 abus Proceeds From Issuance Of Common Stock Share Purchase Agreement
ProceedsFromIssuanceOfCommonStockSharePurchaseAgreement
0 usd
CY2022 abus Proceeds From Issuance Of Common Stock Share Purchase Agreement
ProceedsFromIssuanceOfCommonStockSharePurchaseAgreement
10973000 usd
CY2023 abus Proceeds From Issuance Of Common Stock Open Market Sale Agreement
ProceedsFromIssuanceOfCommonStockOpenMarketSaleAgreement
29852000 usd
CY2022 abus Proceeds From Issuance Of Common Stock Open Market Sale Agreement
ProceedsFromIssuanceOfCommonStockOpenMarketSaleAgreement
20324000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
260000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
122000 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
535000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
395000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30647000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31814000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-22000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4491000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-78506000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30776000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109282000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26285000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30776000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
Organization<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:120%">Arbutus Biopharma Corporation (“Arbutus” or the “Company”) is a clinical-stage biopharmaceutical company leveraging its extensive virology expertise to identify and develop novel therapeutics with distinct mechanisms of action, which can potentially be combined to provide a functional cure for patients with chronic hepatitis B virus (cHBV) infection. The Company believes the key to success in developing a functional cure involves suppressing HBV DNA, reducing surface antigen and boosting HBV-specific immune responses. The Company’s pipeline of internally developed, proprietary compounds includes an RNAi therapeutic, imdusiran (AB-729), and an oral PD-L1 inhibitor, AB-101. Imdusiran has generated meaningful clinical data demonstrating an impact on both surface antigen reduction and reawakening of the HBV-specific immune response. Imdusiran is currently in two Phase 2a combination clinical trials. AB-101 is currently being evaluated in a Phase 1a/1b clinical trial. </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:115%">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 December 31, 2023, the Company had an aggregate of $132.3 million in cash, cash equivalents and investments in marketable securities. The Company had no outstanding debt as of December 31, 2023. The Company believes it has sufficient cash, cash equivalents and investments in marketable securities to fund its operations for at least the next 12 months. </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>
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
132300000 usd
CY2023Q4 us-gaap Long Term Debt
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0 usd
CY2023Q4 abus Number Of Wholly Owned Subsidiaries
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1 subsidiary
CY2023 us-gaap Use Of Estimates
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<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:120%">Use of estimates</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 preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions about future events that affect the reported amounts of assets, liabilities, revenue, expenses and contingent liabilities as of the end or during the reporting period. Actual results could significantly differ from those estimates. Significant estimates in the accompanying consolidated financial statements impact contingent consideration, stock-based compensation, clinical trial accruals and the sale of future royalties liability.</span></div>
CY2023Q4 us-gaap Equity Method Investments
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0 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Number Of Operating Segments
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1 segment
CY2023 us-gaap Concentration Risk Credit Risk
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<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:120%">Concentrations of Credit Risk</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%">Financial instruments which potentially subject the Company to credit risk consist primarily of cash, cash equivalents and marketable securities. The Company holds these investments in highly rated financial institutions, and, by policy, limits the amounts of credit exposure to any one financial institution. These amounts at times may exceed federally insured limits. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to any significant credit risk on these funds. The Company has no off-balance sheet concentrations of credit risk, such as foreign currency exchange contracts, option contracts or other hedging arrangements.</span></div>
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
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CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
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2233000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Noncurrent
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CY2023Q4 us-gaap Debt Securities Noncurrent
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6300000 usd
CY2022Q4 us-gaap Debt Securities Noncurrent
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37400000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
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37 numberofsegments
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
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53 numberofsegments
CY2022Q4 us-gaap Accrued Investment Income Receivable
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CY2023 us-gaap Debt Securities Realized Gain Loss
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100000 usd
CY2022 us-gaap Debt Securities Realized Gain Loss
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P5Y
CY2023 us-gaap Operating Lease Cost
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600000 usd
CY2022 us-gaap Operating Lease Cost
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CY2023 abus Fixed Lease Cost
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500000 usd
CY2022 abus Fixed Lease Cost
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CY2023 us-gaap Variable Lease Cost
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P3Y3M18D
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CY2022 us-gaap Operating Lease Payments
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635000 usd
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134000 usd
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LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2039000 usd
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
271000 usd
CY2023Q4 us-gaap Operating Lease Liability
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1768000 usd
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16574000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11900000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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4674000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
15871000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10801000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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5070000 usd
CY2023 us-gaap Depreciation
Depreciation
1400000 usd
CY2022 us-gaap Depreciation
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1400000 usd
CY2023Q4 us-gaap Accounts Payable Trade Current
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3223000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
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3520000 usd
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3349000 usd
CY2022Q4 abus Accrued Payroll Current
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3730000 usd
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2884000 usd
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8261000 usd
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10271000 usd
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16029000 usd
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0.24
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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5260000 usd
CY2023 us-gaap Restructuring Charges
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1100000 usd
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200000 usd
CY2023 abus Liability From Sale Of Future Royalties Non Cash Expense
LiabilityFromSaleOfFutureRoyaltiesNonCashExpense
455000 usd
CY2022 abus Liability From Sale Of Future Royalties Non Cash Expense
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1722000 usd
CY2023Q4 us-gaap Contract With Customer Liability
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11791000 usd
CY2023Q4 abus Alnylam Entitlements
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2 product
CY2023 us-gaap Revenues
Revenues
18141000 usd
CY2022 us-gaap Revenues
Revenues
39019000 usd
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1164000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1231450 shares
CY2023Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
1500000 shares
CY2023Q4 abus Common Stock Discount On Shares Percentage
CommonStockDiscountOnSharesPercentage
0.15
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
290438 shares
CY2022 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
171224 shares
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
842001 shares
CY2023 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
200000 usd
CY2022 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
200000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
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9301000 usd
CY2023 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 Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-19668000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2023 abus Effective Income Tax Rate Reconciliation Tax Withholding
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CY2022 abus Effective Income Tax Rate Reconciliation Tax Withholding
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CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
761000 usd
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IncomeTaxReconciliationOtherReconcilingItems
198000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
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869000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1741000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2023 us-gaap Income Tax Reconciliation Tax Credits Foreign
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CY2022 us-gaap Income Tax Reconciliation Tax Credits Foreign
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4444000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
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CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
324000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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18425000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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14563000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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5625000 usd
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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11700000 usd
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CY2023Q4 abus Deferred Tax Asset Book Amortization In Excess Of Tax
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CY2022Q4 abus Deferred Tax Asset Book Amortization In Excess Of Tax
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CY2022Q4 abus Deferred Tax Asset Revenue Recognized For Tax Purposes In Excess Of Revenue Recognized For Accounting Purposes
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93000 usd
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3375000 usd
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3375000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q4 abus Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Stock Options
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CY2022Q4 abus Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Stock Options
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3681000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
27265000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
16471000 usd
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
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1722000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
1507000 usd
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DeferredTaxAssetsTaxDeferredExpenseOther
322000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
387000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
114000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
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153000 usd
CY2023Q4 abus Deferred Tax Assets Liabilities Gross
DeferredTaxAssetsLiabilitiesGross
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CY2022Q4 abus Deferred Tax Assets Liabilities Gross
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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145287000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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0 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
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false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
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abus-20231231.htm Edgar Link pending
abus-20231231.xsd Edgar Link pending
abus-20231231_g1.jpg Edgar Link pending
exhibit1015estoppelcerti.htm Edgar Link pending
exhibit1015estoppelcerti001.jpg Edgar Link pending
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abus-20231231_pre.xml Edgar Link unprocessable
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