2023 Q1 Form 10-K Financial Statement

#000165575923000010 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $32.50M $45.60M $131.4M
YoY Change 34.3% 73.18% 181.37%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $24.90M $15.10M $79.60M
YoY Change 23.27% -19.93% 29.22%
% of Gross Profit
Research & Development $95.30M $98.30M $315.0M
YoY Change 48.91% 58.76% 74.61%
% of Gross Profit
Depreciation & Amortization $1.200M $1.700M $6.300M
YoY Change -20.0% 31.99% 31.25%
% of Gross Profit
Operating Expenses $120.2M $113.4M $394.6M
YoY Change 42.76% 40.39% 63.06%
Operating Profit -$87.70M -$263.2M
YoY Change 46.17% 34.77%
Interest Expense $0.00 $5.700M $12.00M
YoY Change -100.0% 772.35% 11900.0%
% of Operating Profit
Other Income/Expense, Net $6.500M $600.0K $12.20M
YoY Change 490.91% -24.67% 183.72%
Pretax Income -$81.20M -$61.50M -$251.0M
YoY Change 37.86% 16.04% 31.41%
Income Tax -$400.0K $10.80M $20.90M
% Of Pretax Income
Net Earnings -$81.90M -$82.90M -$282.5M
YoY Change 29.18% 56.42% 47.91%
Net Earnings / Revenue -252.0% -181.8% -214.99%
Basic Earnings Per Share -$1.54 -$5.31
Diluted Earnings Per Share -$1.54 -$1.55 -$5.31
COMMON SHARES
Basic Shares Outstanding 53.27M shares 53.23M shares 53.20M shares
Diluted Shares Outstanding 53.30M shares 53.20M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.124B $1.205B $1.205B
YoY Change -21.35% -19.79% -19.79%
Cash & Equivalents $130.2M $81.30M $81.30M
Short-Term Investments $993.3M $1.124B $1.124B
Other Short-Term Assets $20.00M $26.90M $26.90M
YoY Change -8.68% 11.16% 11.16%
Inventory
Prepaid Expenses
Receivables $0.00 $1.000M $1.000M
Other Receivables $4.700M $7.000M $7.000M
Total Short-Term Assets $1.148B $1.240B $1.240B
YoY Change -21.19% -20.12% -20.12%
LONG-TERM ASSETS
Property, Plant & Equipment $13.40M $13.40M $17.80M
YoY Change 0.0% 5.51% 7.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $10.30M $10.80M $10.80M
YoY Change -14.88% -13.6% -13.6%
Total Long-Term Assets $27.60M $28.60M $28.60M
YoY Change -11.82% -1.72% -1.72%
TOTAL ASSETS
Total Short-Term Assets $1.148B $1.240B $1.240B
Total Long-Term Assets $27.60M $28.60M $28.60M
Total Assets $1.176B $1.269B $1.269B
YoY Change -21.0% -19.78% -19.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.30M $5.700M $5.700M
YoY Change 43.02% -81.79% -81.79%
Accrued Expenses $45.50M $60.50M $60.50M
YoY Change 50.66% 161.9% 150.0%
Deferred Revenue $214.9M $218.6M
YoY Change 8.81% 6.01%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $0.00
YoY Change
Total Short-Term Liabilities $282.9M $295.1M $295.1M
YoY Change 18.87% 12.76% 12.76%
LONG-TERM LIABILITIES
Long-Term Debt $900.0K $1.000M $1.000M
YoY Change -10.0% 0.0% 0.0%
Other Long-Term Liabilities $381.0M $407.8M $407.8M
YoY Change -27.57% -24.09% -24.09%
Total Long-Term Liabilities $900.0K $1.000M $408.8M
YoY Change -10.0% 0.0% -24.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $282.9M $295.1M $295.1M
Total Long-Term Liabilities $900.0K $1.000M $408.8M
Total Liabilities $664.8M $703.9M $703.9M
YoY Change -13.1% -12.0% -12.0%
SHAREHOLDERS EQUITY
Retained Earnings -$1.047B -$965.4M
YoY Change 40.33% 41.37%
Common Stock $100.0K $100.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $511.0M $564.9M $564.9M
YoY Change
Total Liabilities & Shareholders Equity $1.176B $1.269B $1.269B
YoY Change -21.0% -19.78% -19.78%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$81.90M -$82.90M -$282.5M
YoY Change 29.18% 56.42% 47.91%
Depreciation, Depletion And Amortization $1.200M $1.700M $6.300M
YoY Change -20.0% 31.99% 31.25%
Cash From Operating Activities -$91.20M -$71.20M -$273.5M
YoY Change 59.72% 99.13% -148.89%
INVESTING ACTIVITIES
Capital Expenditures $1.100M $1.100M $6.800M
YoY Change -47.62% -158.05% 44.68%
Acquisitions
YoY Change
Other Investing Activities $139.7M $20.50M $249.6M
YoY Change 1205.61% -118.02% -119.07%
Cash From Investing Activities $138.6M $19.40M $242.8M
YoY Change 1511.63% -116.78% -118.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities $1.500M 500.0K $4.700M
YoY Change -40.0% -87.5% -98.31%
NET CHANGE
Cash From Operating Activities -$91.20M -71.20M -$273.5M
Cash From Investing Activities $138.6M 19.40M $242.8M
Cash From Financing Activities $1.500M 500.0K $4.700M
Net Change In Cash $48.90M -51.30M -$26.00M
YoY Change -206.3% -65.19% -94.53%
FREE CASH FLOW
Cash From Operating Activities -$91.20M -$71.20M -$273.5M
Capital Expenditures $1.100M $1.100M $6.800M
Free Cash Flow -$92.30M -$72.30M -$280.3M
YoY Change 55.91% 113.53% -150.53%

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-119300000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6300000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4800000 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3200000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-5700000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-9400000 usd
CY2020 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1700000 usd
CY2022 arvn Debt Instrument Loan Forgiveness
DebtInstrumentLoanForgiveness
0 usd
CY2021 arvn Debt Instrument Loan Forgiveness
DebtInstrumentLoanForgiveness
1000000.0 usd
CY2020 arvn Debt Instrument Loan Forgiveness
DebtInstrumentLoanForgiveness
0 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-400000 usd
CY2021 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-200000 usd
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
400000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1900000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1200000 usd
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
900000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1800000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000 usd
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
0 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
75500000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
57100000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
30200000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14000000.0 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14000000.0 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1000000.0 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-3700000 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
3300000 usd
CY2020 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1200000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1800000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13600000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2400000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
12900000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
20200000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
27900000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12800000 usd
CY2022 arvn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1900000 usd
CY2021 arvn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-1300000 usd
CY2020 arvn Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-900000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-116800000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
695500000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-13300000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-273500000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
559400000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-89700000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
886400000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1744600000 usd
CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
41200000 usd
CY2022 arvn Proceeds From Maturities Of Marketable Securities
ProceedsFromMaturitiesOfMarketableSecurities
1076900000 usd
CY2021 arvn Proceeds From Maturities Of Marketable Securities
ProceedsFromMaturitiesOfMarketableSecurities
428500000 usd
CY2020 arvn Proceeds From Maturities Of Marketable Securities
ProceedsFromMaturitiesOfMarketableSecurities
174100000 usd
CY2022 arvn Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
59100000 usd
CY2021 arvn Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
7200000 usd
CY2020 arvn Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
37800000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6800000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4700000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6400000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
242800000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1313600000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
164300000 usd
CY2022 arvn Proceeds From Issuance Of Common Stock In A Public Offering
ProceedsFromIssuanceOfCommonStockInAPublicOffering
0 usd
CY2021 arvn Proceeds From Issuance Of Common Stock In A Public Offering
ProceedsFromIssuanceOfCommonStockInAPublicOffering
264600000 usd
CY2020 arvn Proceeds From Issuance Of Common Stock In A Public Offering
ProceedsFromIssuanceOfCommonStockInAPublicOffering
460000000.0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4600000 usd
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
27700000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4700000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18600000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8300000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4700000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
278600000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
504600000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-26000000.0 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-475600000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
579200000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112800000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
588400000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112800000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
588400000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
100000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
500000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
500000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
100000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
100000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11100000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022 arvn Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
4 subsidiary
CY2022Q4 arvn Cash Cash Equivalents Restricted Cash And Marketable Securities
CashCashEquivalentsRestrictedCashAndMarketableSecurities
1200000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
81300000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
108300000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
588400000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
5500000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
4500000 usd
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112800000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
588400000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit Risk The Company maintains its cash in financial institution accounts that may at times exceed federally insured limits. The cash balances in the financial institutions are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. Cash may also be maintained at commercial institutions that are not insured by the FDIC.
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 operating_segment
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
12500000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2200000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1300000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
900000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15000000.0 usd
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1000000.0 usd
CY2022 arvn Accounts Receivable After Allowance For Credit Loss Current Additions
AccountsReceivableAfterAllowanceForCreditLossCurrentAdditions
6400000 usd
CY2021 arvn Accounts Receivable After Allowance For Credit Loss Current Additions
AccountsReceivableAfterAllowanceForCreditLossCurrentAdditions
19900000 usd
CY2022 arvn Accounts Receivable After Allowance For Credit Loss Current Payments Received
AccountsReceivableAfterAllowanceForCreditLossCurrentPaymentsReceived
20400000 usd
CY2021 arvn Accounts Receivable After Allowance For Credit Loss Current Payments Received
AccountsReceivableAfterAllowanceForCreditLossCurrentPaymentsReceived
5900000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1000000.0 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15000000.0 usd
CY2021Q4 arvn Accounts Payable Contract Balances Current
AccountsPayableContractBalancesCurrent
0 usd
CY2020Q4 arvn Accounts Payable Contract Balances Current
AccountsPayableContractBalancesCurrent
0 usd
CY2022 arvn Accounts Payable Contract Balances Current Additions
AccountsPayableContractBalancesCurrentAdditions
5000000.0 usd
CY2021 arvn Accounts Payable Contract Balances Current Additions
AccountsPayableContractBalancesCurrentAdditions
0 usd
CY2022 arvn Accounts Payable Contract Balances Current Payments
AccountsPayableContractBalancesCurrentPayments
0 usd
CY2021 arvn Accounts Payable Contract Balances Current Payments
AccountsPayableContractBalancesCurrentPayments
0 usd
CY2022Q4 arvn Accounts Payable Contract Balances Current
AccountsPayableContractBalancesCurrent
5000000.0 usd
CY2021Q4 arvn Accounts Payable Contract Balances Current
AccountsPayableContractBalancesCurrent
0 usd
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022 arvn Contract With Customer Assets Increase Decrease For Additions To Collaboration Agreements
ContractWithCustomerAssetsIncreaseDecreaseForAdditionsToCollaborationAgreements
0 usd
CY2021 arvn Contract With Customer Assets Increase Decrease For Additions To Collaboration Agreements
ContractWithCustomerAssetsIncreaseDecreaseForAdditionsToCollaborationAgreements
12900000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1800000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
10700000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
12500000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
740500000 usd
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45100000 usd
CY2022 arvn Contract With Customer Liability Increase Decrease For Additions To Collaboration Agreements
ContractWithCustomerLiabilityIncreaseDecreaseForAdditionsToCollaborationAgreements
4000000.0 usd
CY2021 arvn Contract With Customer Liability Increase Decrease For Additions To Collaboration Agreements
ContractWithCustomerLiabilityIncreaseDecreaseForAdditionsToCollaborationAgreements
742100000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-120000000.0 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-18600000 usd
CY2022 arvn Contract With Customer Liability Revenue Recognized Not Included In Previous Balance
ContractWithCustomerLiabilityRevenueRecognizedNotIncludedInPreviousBalance
-800000 usd
CY2021 arvn Contract With Customer Liability Revenue Recognized Not Included In Previous Balance
ContractWithCustomerLiabilityRevenueRecognizedNotIncludedInPreviousBalance
-28100000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
623700000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
740500000 usd
CY2022 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
700000 usd
CY2021 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
-800000 usd
CY2020 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
-400000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
623700000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
218600000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
193900000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
90200000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
55300000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
34700000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
31000000.0 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
623700000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
30000000.0 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23400000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16600000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10700000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13400000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12700000 usd
CY2022 us-gaap Depreciation
Depreciation
6300000 usd
CY2021 us-gaap Depreciation
Depreciation
4800000 usd
CY2020 us-gaap Depreciation
Depreciation
3200000 usd
CY2021Q2 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
160000 sqft
CY2021Q2 arvn Base Lease Rent Period
BaseLeaseRentPeriod
P10Y
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2100000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1400000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
1000000.0 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1900000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1200000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
900000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2400000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3200000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2000000.0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2200000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
500000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4700000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
200000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4500000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5700000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
31300000 usd
CY2022Q4 arvn Accrued Research And Development Expense Current
AccruedResearchAndDevelopmentExpenseCurrent
35900000 usd
CY2021Q4 arvn Accrued Research And Development Expense Current
AccruedResearchAndDevelopmentExpenseCurrent
9500000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18700000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12400000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10300000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
4100000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1200000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
74700000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
54400000 usd
CY2018Q2 arvn Percentage Of Maximum Funding On Project Costs
PercentageOfMaximumFundingOnProjectCosts
0.50
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
200000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
200000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1000000.0 usd
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
100000 usd
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 arvn Number Of Votes Per Common Stock Share Held
NumberOfVotesPerCommonStockShareHeld
1 vote
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
75500000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
57100000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30200000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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67300000 usd
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