2023 Q2 Form 10-Q Financial Statement
#000162828023015212 Filed on May 03, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $22.33M | $11.37M |
YoY Change | 784.13% | 2329.27% |
Cost Of Revenue | $3.489M | $1.537M |
YoY Change | 2428.26% | 1708.24% |
Gross Profit | $18.84M | $9.832M |
YoY Change | 689.11% | 2467.1% |
Gross Profit Margin | 84.38% | 86.48% |
Selling, General & Admin | $27.19M | $26.80M |
YoY Change | 44.13% | 38.6% |
% of Gross Profit | 144.27% | 272.61% |
Research & Development | $8.282M | $9.093M |
YoY Change | -14.98% | 2.73% |
% of Gross Profit | 43.95% | 92.48% |
Depreciation & Amortization | $639.0K | -$3.000K |
YoY Change | 265.14% | -101.29% |
% of Gross Profit | 3.39% | -0.03% |
Operating Expenses | $35.47M | $35.90M |
YoY Change | 24.0% | 27.34% |
Operating Profit | -$16.62M | -$26.06M |
YoY Change | -36.59% | -6.27% |
Interest Expense | -$1.075M | $1.028M |
YoY Change | -236.59% | 37.8% |
% of Operating Profit | ||
Other Income/Expense, Net | $578.0K | $1.302M |
YoY Change | 725.71% | 169.01% |
Pretax Income | -$17.12M | -$26.76M |
YoY Change | -36.43% | -4.67% |
Income Tax | $0.00 | $14.00K |
% Of Pretax Income | ||
Net Earnings | -$17.12M | -$26.77M |
YoY Change | -36.44% | -4.62% |
Net Earnings / Revenue | -76.66% | -235.49% |
Basic Earnings Per Share | -$0.08 | -$0.13 |
Diluted Earnings Per Share | -$0.08 | -$0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 214.5M shares | 206.5M shares |
Diluted Shares Outstanding | 215.0M shares | 207.0M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $127.6M | $130.4M |
YoY Change | 57.48% | 45.34% |
Cash & Equivalents | $28.66M | $92.49M |
Short-Term Investments | $97.52M | $37.89M |
Other Short-Term Assets | $17.81M | $19.73M |
YoY Change | -22.36% | 18.58% |
Inventory | $7.617M | $44.95M |
Prepaid Expenses | ||
Receivables | $9.109M | $12.12M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $162.1M | $167.0M |
YoY Change | 42.08% | 46.24% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $8.117M | $1.102M |
YoY Change | 426.74% | -46.11% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $40.97M | $774.0K |
YoY Change | 734.72% | -36.97% |
Total Long-Term Assets | $49.09M | $49.97M |
YoY Change | 180.44% | 229.13% |
TOTAL ASSETS | ||
Total Short-Term Assets | $162.1M | $167.0M |
Total Long-Term Assets | $49.09M | $49.97M |
Total Assets | $211.2M | $217.0M |
YoY Change | 60.48% | 67.7% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.294M | $10.51M |
YoY Change | 23.29% | 109.01% |
Accrued Expenses | $23.38M | $20.13M |
YoY Change | 29.68% | 20.7% |
Deferred Revenue | $5.959M | $5.545M |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $27.05M | $26.88M |
YoY Change | 2.57% | 2.83% |
Total Short-Term Liabilities | $61.69M | $63.06M |
YoY Change | 26.67% | 31.81% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $26.35M | $28.54M |
YoY Change | -11.77% | 64.23% |
Total Long-Term Liabilities | $26.35M | $28.54M |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $61.69M | $63.06M |
Total Long-Term Liabilities | $26.35M | $28.54M |
Total Liabilities | $88.04M | $91.60M |
YoY Change | 12.06% | 40.45% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$824.0M | -$806.9M |
YoY Change | 7.31% | 8.89% |
Common Stock | $947.4M | $932.4M |
YoY Change | 15.38% | 15.78% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $123.2M | $125.4M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $211.2M | $217.0M |
YoY Change | 60.48% | 67.7% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$17.12M | -$26.77M |
YoY Change | -36.44% | -4.62% |
Depreciation, Depletion And Amortization | $639.0K | -$3.000K |
YoY Change | 265.14% | -101.29% |
Cash From Operating Activities | -$14.74M | -$44.80M |
YoY Change | -52.89% | 62.18% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $93.00K | $14.00K |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$59.11M | -$9.763M |
YoY Change | -482.02% | -518.65% |
Cash From Investing Activities | -$59.21M | -$9.777M |
YoY Change | -482.62% | -519.25% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 11.52M | $50.92M |
YoY Change | -47.99% | -80923.81% |
NET CHANGE | ||
Cash From Operating Activities | -14.74M | -$44.80M |
Cash From Investing Activities | -59.21M | -$9.777M |
Cash From Financing Activities | 11.52M | $50.92M |
Net Change In Cash | -62.43M | -$3.653M |
YoY Change | -1086.08% | -85.59% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$14.74M | -$44.80M |
Capital Expenditures | $93.00K | $14.00K |
Free Cash Flow | -$14.83M | -$44.81M |
YoY Change | -52.59% | 62.23% |
Facts In Submission
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34000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-82000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-26739000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-28153000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
98329000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
138000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
62000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50719000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2912000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
34000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26773000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
125421000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
82617000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
83000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5921000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3722000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-82000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28071000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
64190000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26773000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28071000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
-3000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
463000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
902000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
842000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2912000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3722000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
70000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
15000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
-102000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
710000 | usd |
CY2023Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
429000 | usd |
CY2022Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
0 | usd |
CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1044000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
109000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4387000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3892000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
16601000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3487000 | usd |
CY2023Q1 | ardx |
Increase Decrease In Prepaid Commercial Manufacturing Expense
IncreaseDecreaseInPrepaidCommercialManufacturingExpense
|
268000 | usd |
CY2022Q1 | ardx |
Increase Decrease In Prepaid Commercial Manufacturing Expense
IncreaseDecreaseInPrepaidCommercialManufacturingExpense
|
9393000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
774000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9086000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-346000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
753000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-2474000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
882000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-937000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-836000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1396000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1041000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
3807000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
3836000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-44795000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-27620000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
11000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
27300000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
20763000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
25763000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
795000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9777000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2332000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
26971000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
33038000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
50719000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5921000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
200000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
83000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
50919000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-63000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3653000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-25351000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96140000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72428000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
92487000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47077000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
860000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
741000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000 | usd |
CY2023Q1 | ardx |
Derivative Issued
DerivativeIssued
|
0 | usd |
CY2022Q1 | ardx |
Derivative Issued
DerivativeIssued
|
375000 | usd |
CY2023Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the amounts reported in the financial statements and accompanying notes thereto. On an ongoing basis, management evaluates its estimates, including those related to recognition of revenue, clinical trial accruals, contract manufacturing accruals, utilization of inventory, fair value of assets and liabilities, income taxes and stock-based compensation. Management bases its estimates on historical experience and on various other market-specific and relevant assumptions that management believes to be reasonable under the circumstances. Actual results could materially differ from those estimates.</span></div> | |
CY2023Q1 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
130400000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-806900000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
92487000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
92487000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
37906000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
11000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
31000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
37886000 | usd |
CY2023Q1 | ardx |
Investments And Cash Amortized Cost
InvestmentsAndCashAmortizedCost
|
130393000 | usd |
CY2023Q1 | ardx |
Cash Cash Equivalents And Investments Gross Unrealized Gains
CashCashEquivalentsAndInvestmentsGrossUnrealizedGains
|
11000 | usd |
CY2023Q1 | ardx |
Cash Cash Equivalents And Investments Gross Unrealized Losses
CashCashEquivalentsAndInvestmentsGrossUnrealizedLosses
|
31000 | usd |
CY2023Q1 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
130373000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96140000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96140000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
27823000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
6000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
60000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
27769000 | usd |
CY2022Q4 | ardx |
Investments And Cash Amortized Cost
InvestmentsAndCashAmortizedCost
|
123963000 | usd |
CY2022Q4 | ardx |
Cash Cash Equivalents And Investments Gross Unrealized Gains
CashCashEquivalentsAndInvestmentsGrossUnrealizedGains
|
6000 | usd |
CY2022Q4 | ardx |
Cash Cash Equivalents And Investments Gross Unrealized Losses
CashCashEquivalentsAndInvestmentsGrossUnrealizedLosses
|
60000 | usd |
CY2022Q4 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
123909000 | usd |
CY2023Q1 | ardx |
Available For Sale Securities Debt Securities Current Contractual Maturities Maximum
AvailableForSaleSecuritiesDebtSecuritiesCurrentContractualMaturitiesMaximum
|
P1Y | |
CY2022 | ardx |
Available For Sale Securities Debt Securities Current Contractual Maturities Maximum
AvailableForSaleSecuritiesDebtSecuritiesCurrentContractualMaturitiesMaximum
|
P1Y | |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
0 | investment |
CY2023Q1 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
0 | investment |
CY2023Q1 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
21702000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
22299000 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
22566000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
5324000 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
679000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
723000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
44947000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
28346000 | usd |
CY2023Q1 | us-gaap |
Inventory Gross
InventoryGross
|
4823000 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
3282000 | usd |
CY2023Q1 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
40124000 | usd |
CY2022Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
25064000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
44947000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
28346000 | usd |
CY2023Q1 | ardx |
Prepaid Commercial Manufacturing Current
PrepaidCommercialManufacturingCurrent
|
13800000 | usd |
CY2022Q4 | ardx |
Prepaid Commercial Manufacturing Current
PrepaidCommercialManufacturingCurrent
|
13600000 | usd |
CY2022Q4 | ardx |
Contract With Customer Gross To Net Sales Accruals
ContractWithCustomerGrossToNetSalesAccruals
|
2844000 | usd |
CY2023Q1 | ardx |
Contract With Customer Gross To Net Sales Provisions
ContractWithCustomerGrossToNetSalesProvisions
|
5760000 | usd |
CY2023Q1 | ardx |
Contract With Customer Gross To Credits Or Deductions Issued
ContractWithCustomerGrossToCreditsOrDeductionsIssued
|
-4320000 | usd |
CY2023Q1 | ardx |
Contract With Customer Gross To Net Sales Accruals
ContractWithCustomerGrossToNetSalesAccruals
|
4284000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Advance Royalty
AmortizationOfAdvanceRoyalty
|
1000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
0 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
28861000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
1282000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Fee Amount
DebtInstrumentFeeAmount
|
699000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
26880000 | usd |
CY2023Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
26880000 | usd |
CY2023Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
0 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
7972000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
9295000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3998000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3894000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4814000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
5855000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
8812000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9749000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y2M12D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y4M24D | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.068 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.068 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1064000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1064000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1098000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1058000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3343000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4589000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1321000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
252000 | usd |
CY2023Q1 | ardx |
Lessee Operating Lease Liability To Be Paid After Year Three
LesseeOperatingLeaseLiabilityToBePaidAfterYearThree
|
0 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
9505000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
693000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
8812000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3998000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4814000 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2912000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3722000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
13963000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.83 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
6472000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.78 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
36000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.65 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
56000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
5.84 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
20343000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.18 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
9185000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.97 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26773000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28071000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
207023000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
207023000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
130935000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
130935000 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
22991000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17832000 | shares |
CY2023Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | usd |