2022 Q1 Form 10-K Financial Statement

#000095017022002392 Filed on March 01, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $115.5M $130.8M $131.6M
YoY Change 8.37% 8.06% 9.15%
Cost Of Revenue $2.950M $2.561M $6.682M
YoY Change 35.01% -51.68% 39.21%
Gross Profit $112.5M $128.3M $127.9M
YoY Change 7.81% 8.28% 7.89%
Gross Profit Margin 97.45% 98.13% 97.2%
Selling, General & Admin $96.68M $105.9M $81.67M
YoY Change -13.42% -12.32% 0.08%
% of Gross Profit 85.92% 82.54% 63.84%
Research & Development $128.9M $66.94M $58.57M
YoY Change 126.17% 7.8% -51.24%
% of Gross Profit 114.52% 52.17% 45.78%
Depreciation & Amortization $516.0K $535.0K $985.0K
YoY Change -1.71% -36.31% 38.73%
% of Gross Profit 0.46% 0.42% 0.77%
Operating Expenses $225.5M $172.9M $140.2M
YoY Change 33.74% -5.49% -30.48%
Operating Profit -$113.0M -$44.54M -$12.31M
YoY Change 69.26% -30.84% -85.2%
Interest Expense $105.0K $129.0K $129.0K
YoY Change -47.5% -78.5% -89.25%
% of Operating Profit
Other Income/Expense, Net $340.0K $1.623M $383.0K
YoY Change -334.48% 441.0% -291.5%
Pretax Income -$112.6M -$42.91M -$14.79M
YoY Change 69.47% -35.29% -82.58%
Income Tax $485.0K $189.0K -$332.0K
% Of Pretax Income
Net Earnings -$113.1M -$43.09M -$14.46M
YoY Change 70.14% -35.45% -82.92%
Net Earnings / Revenue -97.91% -32.96% -10.98%
Basic Earnings Per Share -$0.70 -$0.27 -$0.09
Diluted Earnings Per Share -$701.2K -$264.3K -$89.98K
COMMON SHARES
Basic Shares Outstanding 161.2M 160.7K
Diluted Shares Outstanding 161.2M 160.7K

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $446.0M $520.7M $540.3M
YoY Change -22.81% -17.6% -16.16%
Cash & Equivalents $204.9M $147.4M $100.4M
Short-Term Investments $241.1M $373.3M $445.7M
Other Short-Term Assets $25.76M $23.89M $24.62M
YoY Change -9.63% -7.04% -17.93%
Inventory $13.21M $14.10M $14.34M
Prepaid Expenses $25.76M $23.89M
Receivables $62.71M $64.37M $60.70M
Other Receivables $769.0K $978.0K $972.0K
Total Short-Term Assets $542.2M $617.8M $640.9M
YoY Change -19.55% -13.91% -12.23%
LONG-TERM ASSETS
Property, Plant & Equipment $7.531M $8.047M $68.61M
YoY Change -89.67% -12.16% 21.01%
Goodwill
YoY Change
Intangibles $0.00
YoY Change -100.0%
Long-Term Investments
YoY Change
Other Assets $4.336M $3.997M $2.373M
YoY Change -42.95% 138.2% -67.49%
Total Long-Term Assets $82.03M $82.30M $76.76M
YoY Change 1.02% 26.61% 17.18%
TOTAL ASSETS
Total Short-Term Assets $542.2M $617.8M $640.9M
Total Long-Term Assets $82.03M $82.30M $76.76M
Total Assets $624.3M $700.1M $717.7M
YoY Change -17.34% -10.54% -9.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.77M $6.876M $7.722M
YoY Change 22.36% -19.04% 120.63%
Accrued Expenses $108.8M $89.19M $80.50M
YoY Change 8.27% -8.5% -8.93%
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 $119.6M $96.07M $88.22M
YoY Change 9.33% -9.34% -4.01%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.373M $7.034M $62.50M
YoY Change -93.19% 35.79% 27.81%
Total Long-Term Liabilities $4.373M $7.034M $62.50M
YoY Change -93.19% 35.79% 27.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $119.6M $96.07M $88.22M
Total Long-Term Liabilities $4.373M $7.034M $62.50M
Total Liabilities $179.5M $159.2M $150.7M
YoY Change 3.37% 2.33% 7.04%
SHAREHOLDERS EQUITY
Retained Earnings -$2.267B -$2.154B
YoY Change 8.45%
Common Stock $2.712B $2.695B
YoY Change 3.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $444.8M $540.9M $567.0M
YoY Change
Total Liabilities & Shareholders Equity $624.3M $700.1M $717.7M
YoY Change -17.34% -10.54% -9.81%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income -$113.1M -$43.09M -$14.46M
YoY Change 70.14% -35.45% -82.92%
Depreciation, Depletion And Amortization $516.0K $535.0K $985.0K
YoY Change -1.71% -36.31% 38.73%
Cash From Operating Activities -$76.33M -$23.12M -$17.06M
YoY Change 26.9% -15.9% -25.13%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$1.000K $0.00
YoY Change -100.0% -99.95% -100.0%
Acquisitions
YoY Change
Other Investing Activities $131.3M $71.55M -$156.3M
YoY Change 311.1% -162.24% -201.03%
Cash From Investing Activities $131.3M $71.55M -$156.3M
YoY Change 325.38% -161.17% -202.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.467M
YoY Change -68.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.467M 4.365M 1.066M
YoY Change -68.07% -75.92% -90.9%
NET CHANGE
Cash From Operating Activities -76.33M -23.12M -17.06M
Cash From Investing Activities 131.3M 71.55M -156.3M
Cash From Financing Activities 2.467M 4.365M 1.066M
Net Change In Cash 57.49M 52.79M -172.3M
YoY Change -366.86% -141.79% -221.42%
FREE CASH FLOW
Cash From Operating Activities -$76.33M -$23.12M -$17.06M
Capital Expenditures $0.00 -$1.000K $0.00
Free Cash Flow -$76.33M -$23.12M -$17.06M
YoY Change 24.67% -9.3% -19.01%

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CY2020 us-gaap Amortization Of Intangible Assets
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CY2019 us-gaap Amortization Of Intangible Assets
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CY2021 us-gaap Gain Loss On Investments
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CY2020 us-gaap Gain Loss On Investments
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CY2019 us-gaap Gain Loss On Investments
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CY2021 us-gaap Depreciation
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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CY2021 us-gaap Research And Development In Process
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CY2020 us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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12466000
CY2019 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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CY2020 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
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CY2019 us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
394000
CY2021 us-gaap Increase Decrease In Inventories
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4210000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3320000
CY2019 us-gaap Increase Decrease In Inventories
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1737000
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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7088000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-2121000
CY2021 acad Increase Decrease In Operating Lease Assets
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CY2020 acad Increase Decrease In Operating Lease Assets
IncreaseDecreaseInOperatingLeaseAssets
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CY2019 acad Increase Decrease In Operating Lease Assets
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CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2020 us-gaap Increase Decrease In Other Operating Assets
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CY2019 us-gaap Increase Decrease In Other Operating Assets
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-39000
CY2021 us-gaap Increase Decrease In Accounts Payable
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-1617000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1271000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4055000
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-8455000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
27569000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6458000
CY2021 acad Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-5433000
CY2020 acad Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1769000
CY2019 acad Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-2518000
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1854000
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2319000
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1497000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
339908000
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
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CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
540004000
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
413927000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1122000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7587000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1129000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
192509000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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18162000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
371847000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18162000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
80996000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
371847000
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-8000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-178593000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
137331000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54883000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
331798000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
194467000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
139584000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
153205000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
331798000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
194467000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1038000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1113000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1597000
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
130000
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
34000
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0
CY2020 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
44280000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
479079000
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
271452000
CY2019 acad Stock Issued During Period Value Stock Options Exercised And Restricted Stock Units Releases
StockIssuedDuringPeriodValueStockOptionsExercisedAndRestrictedStockUnitsReleases
95984000
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4411000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-235259000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
82799000
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
669000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
699135000
CY2020 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
44280000
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
73834000
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7162000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-281584000
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
5312000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-167870000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
540894000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
627009000
CY2021 acad Stock Issued During Period Value Stock Options Exercised And Restricted Stock Units Releases
StockIssuedDuringPeriodValueStockOptionsExercisedAndRestrictedStockUnitsReleases
12850000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
84443000
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-261000
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.1020833333333333;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.1020833333333333;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</span></p>
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
326028000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
147435000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
189680000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
326028000
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5770000
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5770000
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4787000
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5770000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
331798000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
153205000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
194467000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
331798000
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
1300000
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
400000
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
1100000
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2016Q2 acad Regulatory Milestone Payment
RegulatoryMilestonePayment
8000000.0
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8000000.0
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
41800000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
51100000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
38300000
CY2021Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
0
CY2020Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
0
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Concentration Risk</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Financial instruments, which potentially subject the Company to concentrations of credit risk, principally consist of cash, cash equivalents, investment securities, accounts receivable, and restricted cash. The Company invests its excess cash primarily in money market funds, U.S. treasury notes, and high quality, marketable debt instruments of corporations and government sponsored enterprises in accordance with the Company’s investment policy. The Company’s investment policy defines allowable investments and establishes guidelines relating to credit quality, diversification, and maturities of its investments to preserve principal and maintain liquidity. </span><span style="background-color:rgba(255,255,255,1);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">All investment securities have a credit rating of at least Aa3/AA- or better, or P-1/A-1 or better, as determined by Moody’s Investors Service or Standard &amp; Poor’s</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">. Further, the Company specifies credit quality standards for its customers that are designed to limit the Company’s credit exposure to any single party.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company does not currently have any of its own manufacturing facilities, and therefore it depends on an outsourced manufacturing strategy for the production of NUPLAZID for commercial use and for the production of its product candidates for clinical trials. The Company has contracts in place with two third-party manufacturers of commercial drug product and one third-party manufacturer of drug substance that is approved for the production of NUPLAZID active pharmaceutical ingredient (API). Although there are potential sources of supply other than the Company’s existing suppliers, any new supplier would be required to qualify under applicable regulatory requirements.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The Company has entered into distribution agreements with a limited number of SPs and SDs, and all of the Company’s product sales are to these customers. For the year ended December 31, 2021</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">, the Company’s </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> largest customers represented approximately </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">74</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s product revenue and </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">77</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s accounts receivable balance at </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">December 31, 2021. For the year ended December 31, 2020</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">, the Company’s </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> largest customers represented approximately </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">74</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s product revenue and </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">75</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s accounts receivable balance at </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">December 31, 2020. For the year ended December 31, 2019</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">, the Company’s </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> largest customers represented approximately </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">77</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s product revenue and </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">75</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% of the Company’s accounts receivable balance at December 31, </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">2019</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">.</span></p>
CY2021 acad Number Of Large Customers
NumberOfLargeCustomers
4
CY2020 acad Number Of Large Customers
NumberOfLargeCustomers
4
CY2019 acad Number Of Large Customers
NumberOfLargeCustomers
4
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82265000
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IncreaseDecreaseInDeferredCompensation
6800000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
63615000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
84422000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17535000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19331000
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19516000
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
169353000
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
43000
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
169353000
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DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
43000
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
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EquitySecuritiesFvNiCost
373475000
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EquitySecuritiesFvNiUnrealizedGains
9000
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EquitySecuritiesFvNiUnrealizedLosses
213000
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
373271000
CY2020Q4 acad Debt Securities And Equity Securities Fv Ni Amortized Cost
DebtSecuritiesAndEquitySecuritiesFvNiAmortizedCost
305899000
CY2020Q4 acad Debt Securities And Equity Securities Fv Ni Unrealized Gains
DebtSecuritiesAndEquitySecuritiesFvNiUnrealizedGains
74000
CY2020Q4 acad Debt Securities And Equity Securities Fv Ni Unrealized Losses
DebtSecuritiesAndEquitySecuritiesFvNiUnrealizedLosses
43000
CY2020Q4 acad Debt Securities And Equity Securities Fv Ni
DebtSecuritiesAndEquitySecuritiesFvNi
305930000
CY2021 acad Available For Sale Investment Securities Contractual Maturity Dates
AvailableForSaleInvestmentSecuritiesContractualMaturityDates
less than one year
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DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
39
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
24
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
290997000
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
213000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
290997000
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
213000
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
499785000
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
632576000
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InventoryFinishedGoodsNetOfReserves
1114000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1453000
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6767000
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6367000
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6217000
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1862000
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InventoryNet
14098000
CY2020Q4 us-gaap Inventory Net
InventoryNet
9682000
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ShortTermInventory
7881000
CY2020Q4 acad Short Term Inventory
ShortTermInventory
9682000
CY2021Q4 us-gaap Inventory For Long Term Contracts Or Programs
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6217000
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14098000
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9682000
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14231000
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PropertyPlantAndEquipmentGross
13109000
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6184000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3948000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8047000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9161000
CY2021 us-gaap Depreciation
Depreciation
2200000
CY2020 us-gaap Depreciation
Depreciation
1500000
CY2019 us-gaap Depreciation
Depreciation
1300000
CY2021 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
0
CY2020 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
3100000
CY2019 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
200000
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AccruedClinicalDevelopmentServicesCurrent
27270000
CY2020Q4 acad Accrued Clinical Development Services Current
AccruedClinicalDevelopmentServicesCurrent
28380000
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EmployeeRelatedLiabilitiesCurrent
25896000
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EmployeeRelatedLiabilitiesCurrent
25811000
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AccruedSalesAllowancesCurrent
15717000
CY2020Q4 acad Accrued Sales Allowances Current
AccruedSalesAllowancesCurrent
14115000
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9319000
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
18969000
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OperatingLeaseLiabilityCurrent
8304000
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OperatingLeaseLiabilityCurrent
5087000
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OtherAccruedLiabilitiesCurrent
2686000
CY2020Q4 us-gaap Other Accrued Liabilities Current
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5112000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
89192000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
97474000
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271500000
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7187500
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16441994
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.40
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1879092
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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43.62
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.25
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2657318
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
34.83
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15086141
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.58
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16416000
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11003784
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageExercisePrice
30.09
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P5Y1M6D
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedIntrinsicValue1
12879000
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4082357
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedOutstandingWeightedAverageExercisePrice
35.60
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P7Y8M12D
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3537000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8000000.0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
55500000
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56600000
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ProceedsFromStockOptionsExercised
73800000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.07
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.97
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99100000
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P2Y3M18D
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ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
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ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
PSUs for which the number of shares issuable at the end of performance period can reach up to 200% of the shares approved in the award based on the achievement of certain pre-defined Acadia-specific performance criteria and continued employment through the vesting period
CY2021Q4 us-gaap Banking Regulation Maximum Payout Amount
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15100000
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4400000
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14600000
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5600000
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
600000
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DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.60
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1
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.05
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DefinedContributionPlanEmployerDiscretionaryContributionAmount
5800000
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5100000
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
4300000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-138913000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-238885000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-123411000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-28606000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-42088000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-110972000
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IncomeLossFromEquityMethodInvestments
-167519000
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IncomeLossFromEquityMethodInvestments
-280973000
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IncomeLossFromEquityMethodInvestments
-234383000
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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400000
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
400000
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
900000
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
200000
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
100000
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FederalResearchAndDevelopmentCreditCarryforwards
65800000
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DeferredTaxAssetsOperatingLossCarryforwards
229476000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
218905000
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
74702000
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
63886000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
51170000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
47547000
CY2021Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
41355000
CY2020Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
28470000
CY2021Q4 acad Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
15550000
CY2020Q4 acad Deferred Tax Assets Lease Obligations
DeferredTaxAssetsLeaseObligations
11675000
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
6741000
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
7109000
CY2020Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
6073000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
11700000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
9390000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
430694000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
393055000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
416630000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
380533000
CY2021Q4 acad Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
14063000
CY2020Q4 acad Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
11142000
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CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2021 acad Income Tax Reconciliation Limitation On Executive Compensation
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CY2020 acad Income Tax Reconciliation Limitation On Executive Compensation
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CY2019 acad Income Tax Reconciliation Limitation On Executive Compensation
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CY2020 acad Income Tax Reconciliation Deferred Rate Adjustment
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 acad Unrecognized Tax Benefits Increases Resulting From Current And Prior Period Tax Positions
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CY2020 acad Unrecognized Tax Benefits Increases Resulting From Current And Prior Period Tax Positions
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CY2019 acad Unrecognized Tax Benefits Increases Resulting From Current And Prior Period Tax Positions
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CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2021 us-gaap Income Tax Examination Penalties Expense
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6945000
CY2021 acad Lease Expiration Month And Year
LeaseExpirationMonthAndYear
2031-02
CY2021 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The Company leases facilities and certain equipment under noncancelable operating leases with remaining lease terms of 2.0 year to 9.4 years, some of which include options to extend the lease for up to two five-year terms.
CY2021 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
some of which include options to extend the lease for up to two five-year terms.
CY2021 us-gaap Operating Lease Cost
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CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
6917000
CY2019 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Payments
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5303000
CY2020 us-gaap Operating Lease Payments
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4480000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Revenues
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2020Q4 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
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CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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CY2021Q4 us-gaap Operating Lease Liability
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CY2020Q4 us-gaap Operating Lease Liability
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49547000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8520000
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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13385000
CY2021Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P9Y
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P9Y4M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.043
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2020Q3 acad Capitalization Of Lease Liability
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CY2021Q1 acad Capitalization Of Lease Liability
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CY2021Q1 us-gaap Revenues
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CY2021Q2 us-gaap Revenues
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CY2021Q3 us-gaap Revenues
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CY2021Q4 us-gaap Revenues
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CY2021Q1 us-gaap Gross Profit
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CY2021Q2 us-gaap Gross Profit
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CY2021Q3 us-gaap Gross Profit
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CY2021Q4 us-gaap Gross Profit
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CY2021 us-gaap Gross Profit
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CY2021Q1 us-gaap Net Income Loss
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CY2021Q2 us-gaap Net Income Loss
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CY2021Q3 us-gaap Net Income Loss
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CY2021Q4 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
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CY2021Q3 us-gaap Earnings Per Share Basic And Diluted
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CY2021Q4 us-gaap Earnings Per Share Basic And Diluted
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CY2021 us-gaap Earnings Per Share Basic And Diluted
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CY2020Q1 us-gaap Revenues
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CY2020Q2 us-gaap Revenues
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CY2020Q3 us-gaap Revenues
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CY2020Q4 us-gaap Revenues
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CY2020 us-gaap Revenues
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CY2020Q1 us-gaap Gross Profit
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CY2020Q2 us-gaap Gross Profit
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CY2020Q3 us-gaap Gross Profit
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CY2020Q4 us-gaap Gross Profit
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CY2020 us-gaap Gross Profit
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CY2020Q1 us-gaap Net Income Loss
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CY2020Q2 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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CY2020Q4 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
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CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
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CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
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CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
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CY2020 us-gaap Earnings Per Share Basic And Diluted
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