2020 Q3 Form 10-Q Financial Statement
#000155837020009555 Filed on August 06, 2020
Income Statement
Concept | 2020 Q3 | 2020 Q2 | 2019 Q2 |
---|---|---|---|
Revenue | $1.193M | $502.0K | $157.0K |
YoY Change | 403.38% | 219.75% | -98.26% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $13.00M | $10.30M | $10.15M |
YoY Change | 21.04% | 1.48% | -10.1% |
% of Gross Profit | |||
Research & Development | $24.07M | $20.46M | $25.51M |
YoY Change | -18.74% | -19.8% | -4.18% |
% of Gross Profit | |||
Depreciation & Amortization | $1.830M | $2.150M | $1.970M |
YoY Change | -6.15% | 9.14% | 2.6% |
% of Gross Profit | |||
Operating Expenses | $24.07M | $20.46M | $25.51M |
YoY Change | -18.74% | -19.8% | -4.18% |
Operating Profit | -$35.88M | -$30.25M | -$35.50M |
YoY Change | -10.58% | -14.79% | 22.94% |
Interest Expense | $2.150M | $970.0K | -$5.530M |
YoY Change | 152.94% | -117.54% | -62.61% |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.689M | -$749.0K | -$6.277M |
YoY Change | -680.41% | -88.07% | -59.26% |
Pretax Income | -$35.42M | -$29.86M | -$41.02M |
YoY Change | -9.69% | -27.22% | -6.22% |
Income Tax | $15.00K | $25.00K | $65.00K |
% Of Pretax Income | |||
Net Earnings | -$35.43M | -$29.88M | -$41.09M |
YoY Change | -9.85% | -27.28% | -6.29% |
Net Earnings / Revenue | -2969.99% | -5952.19% | -26170.06% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$38.18K | -$36.32K | -$65.29K |
COMMON SHARES | |||
Basic Shares Outstanding | 928.0M | 780.6M | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q3 | 2020 Q2 | 2019 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $399.9M | $419.0M | $133.4M |
YoY Change | 288.79% | 214.07% | 3.42% |
Cash & Equivalents | $78.47M | $122.4M | $34.57M |
Short-Term Investments | $321.4M | $296.6M | $98.83M |
Other Short-Term Assets | $2.662M | $2.929M | $599.0K |
YoY Change | 465.18% | 388.98% | -98.16% |
Inventory | |||
Prepaid Expenses | $7.754M | $7.903M | $8.600M |
Receivables | $3.809M | ||
Other Receivables | $27.00M | ||
Total Short-Term Assets | $426.7M | $458.1M | $175.1M |
YoY Change | 190.35% | 161.57% | 8.31% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $26.94M | $27.02M | $33.72M |
YoY Change | -14.85% | -19.87% | -14.63% |
Goodwill | |||
YoY Change | |||
Intangibles | $1.970M | $2.134M | $2.066M |
YoY Change | -13.37% | 3.29% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $4.600M | $6.100M | $7.100M |
YoY Change | -32.35% | -14.08% | -21.11% |
Total Long-Term Assets | $52.29M | $54.11M | $64.39M |
YoY Change | -14.67% | -15.96% | 29.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $426.7M | $458.1M | $175.1M |
Total Long-Term Assets | $52.29M | $54.11M | $64.39M |
Total Assets | $479.0M | $512.2M | $239.5M |
YoY Change | 130.02% | 113.84% | 13.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.030M | $8.766M | $4.344M |
YoY Change | -27.19% | 101.8% | 5.95% |
Accrued Expenses | $24.62M | $23.84M | $18.60M |
YoY Change | -8.31% | 28.18% | -11.45% |
Deferred Revenue | $3.635M | $3.464M | $3.016M |
YoY Change | 35.48% | 14.85% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $34.90M | $38.56M | $28.29M |
YoY Change | -6.69% | 36.28% | -33.11% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $615.0K | $592.0K | $571.0K |
YoY Change | 8.27% | 3.68% | -85.36% |
Total Long-Term Liabilities | $615.0K | $592.0K | $571.0K |
YoY Change | 8.27% | 3.68% | -85.36% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $34.90M | $38.56M | $28.29M |
Total Long-Term Liabilities | $615.0K | $592.0K | $571.0K |
Total Liabilities | $102.8M | $104.6M | $52.53M |
YoY Change | 69.75% | 99.15% | 13.7% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$549.1M | -$513.7M | -$387.0M |
YoY Change | 28.81% | 32.74% | |
Common Stock | $1.325M | $1.324M | $943.0K |
YoY Change | 40.51% | 40.4% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $376.2M | $407.6M | $187.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $479.0M | $512.2M | $239.5M |
YoY Change | 130.02% | 113.84% | 13.36% |
Cashflow Statement
Concept | 2020 Q3 | 2020 Q2 | 2019 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$35.43M | -$29.88M | -$41.09M |
YoY Change | -9.85% | -27.28% | -6.29% |
Depreciation, Depletion And Amortization | $1.830M | $2.150M | $1.970M |
YoY Change | -6.15% | 9.14% | 2.6% |
Cash From Operating Activities | -$16.32M | -$24.92M | -$34.17M |
YoY Change | -44.88% | -27.07% | -3.37% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$800.0K | -$530.0K | -$1.010M |
YoY Change | 135.29% | -47.52% | -18.55% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$26.77M | -$186.5M | $19.57M |
YoY Change | -175.66% | -1052.94% | -9.44% |
Cash From Investing Activities | -$27.58M | -$187.0M | $18.56M |
YoY Change | -178.71% | -1107.54% | -8.89% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 470.0K | 248.0M | 330.0K |
YoY Change | 75057.58% | -62.92% | |
NET CHANGE | |||
Cash From Operating Activities | -16.32M | -24.92M | -34.17M |
Cash From Investing Activities | -27.58M | -187.0M | 18.56M |
Cash From Financing Activities | 470.0K | 248.0M | 330.0K |
Net Change In Cash | -43.43M | 36.10M | -15.28M |
YoY Change | -899.82% | -336.26% | 8.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$16.32M | -$24.92M | -$34.17M |
Capital Expenditures | -$800.0K | -$530.0K | -$1.010M |
Free Cash Flow | -$15.52M | -$24.39M | -$33.16M |
YoY Change | -46.98% | -26.45% | -2.81% |
Facts In Submission
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0 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
0 | |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
0 | ||
us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
0 | ||
CY2020Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1194000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
4842000 | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
19105000 | ||
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1299000 | ||
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | ||
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1108000 | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-20759000 | ||
CY2020Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | ||
CY2020Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
699000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
68000 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
113000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
278000 | ||
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
0 | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
0 | ||
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
13000 | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
13000 | ||
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-29095000 | |
CY2019Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-36190000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-59588000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-66935000 | ||
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
123638000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28167000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
894000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
90550000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
17911000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-19651000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-586000 | |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1448000 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
186037000 | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-29880000 | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4181000 | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
243838000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1194000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1108000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
699000 | |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2624000 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
407585000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
246885000 | |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-27412000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
36000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-3543000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
210000 | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8058000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-70371000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
460000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1202000 | ||
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3479000 | |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
219655000 | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-41087000 | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
330000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
4842000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
68000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
13000 | |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3196000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
186991000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-58047000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-68499000 | ||
us-gaap |
Depreciation
Depreciation
|
3583000 | ||
us-gaap |
Depreciation
Depreciation
|
3642000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
464000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
333000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4072000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6675000 | ||
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
2004000 | ||
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-1048000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
718000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-166000 | ||
adap |
Increase Decrease In Current Assets
IncreaseDecreaseInCurrentAssets
|
10104000 | ||
adap |
Increase Decrease In Current Assets
IncreaseDecreaseInCurrentAssets
|
16851000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-615000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1263000 | ||
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
3571000 | ||
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-876000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
49074000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
3060000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
407000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
922000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
39931000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
54324000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
298016000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
15983000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-258952000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
36217000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
334388000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5075000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
366000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
339463000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
366000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-678000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
289000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
71775000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-33499000 | ||
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
54908000 | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72476000 | |
CY2020Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-513700000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
126683000 | |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38977000 | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">Note 1 </b><b style="font-weight:bold;">—</b><b style="font-weight:bold;"> General</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">Adaptimmune Therapeutics plc is registered in England and Wales. Its registered office is 60 Jubilee Avenue, Milton Park, Abingdon, Oxfordshire, OX14 4RX, United Kingdom. Adaptimmune Therapeutics plc and its subsidiaries (collectively “Adaptimmune” or the “Company”) is a clinical-stage biopharmaceutical company primarily focused on providing novel cell therapies to people with cancer. We are a leader in the development of T-cell therapies for solid tumors. The Company’s proprietary SPEAR (Specific Peptide Enhanced Affinity Receptor) T-cell platform enables it to identify cancer targets, find and genetically engineer T-cell receptors (“TCRs”) against those targets, and produce therapeutic candidates (“SPEAR T-cells”) for administration to patients.</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="white-space:pre-wrap;">The Company is subject to a number of risks similar to other biopharmaceutical companies in the early stage of clinical development including, but not limited to, the need to obtain adequate additional funding, possible failure of preclinical programs or clinical programs, the need to obtain marketing approval for its SPEAR T-cells, competitors developing new technological innovations, the need to successfully commercialize and gain market acceptance of the Company’s SPEAR T-cells, the need to develop a reliable commercial manufacturing process, the need to commercialize any T-cell therapies that may be approved for marketing, and protection of proprietary technology. If the Company does not successfully commercialize any of its SPEAR T-cells, it will be unable to generate product revenue or achieve profitability. The Company had an accumulated deficit of </span>$513.7 million as of June 30, 2020.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">(b) Use of estimates in interim financial statements</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The preparation of interim financial statements, in conformity with U.S. GAAP and SEC regulations, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the interim financial statements and reported amounts of revenues and expenses during the reporting period. Estimates and assumptions are primarily made in relation to the valuation of share options, valuation allowances relating to deferred tax assets, revenue recognition, estimation of the incremental borrowing rate for operating leases, estimating clinical trial expenses and estimating R&D tax and expenditure credits. If actual results differ from the Company’s estimates, or to the extent these estimates are adjusted in future periods, the Company’s results of operations could either benefit from, or be adversely affected by, any such change in estimate.</p> | ||
CY2020Q2 | adap |
Number Of Customers
NumberOfCustomers
|
2 | |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
502000 | |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
157000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1263000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
157000 | ||
CY2020Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
46000000.0 | |
CY2020Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2100000 | |
CY2020Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
48100000 | |
CY2020Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
400000 | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1200000 | ||
CY2020Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-182000 | |
CY2019Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-6403000 | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
907000 | ||
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1013000 | ||
CY2020Q2 | adap |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
-567000 | |
CY2019Q2 | adap |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
126000 | |
adap |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
-719000 | ||
adap |
Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
|
166000 | ||
CY2020Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-749000 | |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-6277000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
188000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-847000 | ||
CY2020Q2 | adap |
Clinical Materials Current
ClinicalMaterialsCurrent
|
1521000 | |
CY2019Q4 | adap |
Clinical Materials Current
ClinicalMaterialsCurrent
|
1459000 | |
CY2020Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
2929000 | |
CY2019Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1809000 | |
CY2020Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
39099000 | |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
168200000 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
2000000.0 | |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
26 | |
CY2019Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
1 | |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
0 | |
CY2020Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
26746000 | |
CY2019Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
19284000 | |
CY2020Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
7903000 | |
CY2019Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
8395000 | |
CY2019Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
30947000 | |
CY2020Q2 | adap |
Accrued Liabilities For Purchases Current
AccruedLiabilitiesForPurchasesCurrent
|
9219000 | |
CY2019Q4 | adap |
Accrued Liabilities For Purchases Current
AccruedLiabilitiesForPurchasesCurrent
|
8782000 | |
CY2020Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
9892000 | |
CY2019Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6863000 | |
CY2020Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2057000 | |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2662000 | |
CY2020Q2 | us-gaap |
Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
|
2500000 | |
CY2019Q4 | us-gaap |
Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
|
5000000 | |
CY2020Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
168000 | |
CY2019Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
56000 | |
CY2020Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23836000 | |
CY2019Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23363000 | |
us-gaap |
Longterm Purchase Commitment Period
LongtermPurchaseCommitmentPeriod
|
P5Y | ||
CY2020Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2624000 | |
CY2019Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3196000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4072000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6675000 | ||
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2738936 | |
CY2019Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
936696 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
12968216 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
11743896 | ||
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.30 | |
CY2019Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.39 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.47 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.54 | ||
CY2020Q2 | adap |
Share Based Compensation Arrangement By Share Based Payment Award Options With Nominal Exercise Price Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWithNominalExercisePriceGrantsInPeriodGross
|
778120 | |
CY2019Q2 | adap |
Share Based Compensation Arrangement By Share Based Payment Award Options With Nominal Exercise Price Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWithNominalExercisePriceGrantsInPeriodGross
|
459240 | |
adap |
Share Based Compensation Arrangement By Share Based Payment Award Options With Nominal Exercise Price Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWithNominalExercisePriceGrantsInPeriodGross
|
6838816 | ||
adap |
Share Based Compensation Arrangement By Share Based Payment Award Options With Nominal Exercise Price Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWithNominalExercisePriceGrantsInPeriodGross
|
6957366 | ||
CY2020Q2 | adap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value With Nominal Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueWithNominalExercisePrice
|
0.43 | |
CY2019Q2 | adap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value With Nominal Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueWithNominalExercisePrice
|
0.70 | |
adap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value With Nominal Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueWithNominalExercisePrice
|
0.71 | ||
adap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value With Nominal Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueWithNominalExercisePrice
|
0.93 |