2022 Q1 Form 10-Q Financial Statement

#000162828022013439 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $21.63M $914.0K
YoY Change 2265.97% 2946.67%
Cost Of Revenue $256.0K $48.00K
YoY Change 433.33%
Gross Profit $21.37M $866.0K
YoY Change 2367.55% 2786.67%
Gross Profit Margin 98.82% 94.75%
Selling, General & Admin $45.20M $39.28M
YoY Change 15.06% 255.49%
% of Gross Profit 211.51% 4536.03%
Research & Development $12.62M $9.833M
YoY Change 28.34% -28.93%
% of Gross Profit 59.06% 1135.45%
Depreciation & Amortization $687.0K $688.0K
YoY Change -0.15%
% of Gross Profit 3.21% 79.45%
Operating Expenses $12.62M $51.46M
YoY Change -75.47% 89.95%
Operating Profit -$37.88M -$50.54M
YoY Change -25.05% 86.78%
Interest Expense $262.0K $172.0K
YoY Change 52.33% -80.67%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$37.62M -$50.37M
YoY Change -25.31% 92.48%
Income Tax $10.00K $8.000K
% Of Pretax Income
Net Earnings -$37.63M -$50.38M
YoY Change -25.31% 94.27%
Net Earnings / Revenue -174.01% -5511.93%
Basic Earnings Per Share -$0.27 -$0.40
Diluted Earnings Per Share -$0.27 -$0.40
COMMON SHARES
Basic Shares Outstanding 141.7M shares 127.4M shares
Diluted Shares Outstanding 141.7M shares 127.4M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $418.8M $348.3M
YoY Change 20.24% 21.73%
Cash & Equivalents $131.6M $156.6M
Short-Term Investments $286.2M $191.7M
Other Short-Term Assets $3.966M $1.180M
YoY Change 236.1% -85.78%
Inventory $26.27M $15.94M
Prepaid Expenses $12.20M $6.864M
Receivables $20.40M $1.187M
Other Receivables $0.00 $0.00
Total Short-Term Assets $477.6M $372.2M
YoY Change 28.31% 24.96%
LONG-TERM ASSETS
Property, Plant & Equipment $4.332M $4.758M
YoY Change -8.95% -19.36%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.60M
YoY Change
Other Assets $11.84M $11.86M
YoY Change -0.15% 5828.0%
Total Long-Term Assets $29.28M $44.83M
YoY Change -34.68% 202.92%
TOTAL ASSETS
Total Short-Term Assets $477.6M $372.2M
Total Long-Term Assets $29.28M $44.83M
Total Assets $506.9M $417.1M
YoY Change 21.54% 33.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.267M $2.182M
YoY Change 49.73% -82.4%
Accrued Expenses $30.07M $16.59M
YoY Change 81.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.84M $21.15M
YoY Change 59.98% 45.87%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $17.40M $17.90M
YoY Change -2.79% -6.28%
Total Long-Term Liabilities $17.40M $17.90M
YoY Change -2.79% -6.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.84M $21.15M
Total Long-Term Liabilities $17.40M $17.90M
Total Liabilities $58.78M $46.85M
YoY Change 25.46% 39.02%
SHAREHOLDERS EQUITY
Retained Earnings -$793.8M -$625.5M
YoY Change 26.89%
Common Stock $64.69M $43.89M
YoY Change 47.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $448.1M $370.2M
YoY Change
Total Liabilities & Shareholders Equity $506.9M $417.1M
YoY Change 21.54% 33.38%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$37.63M -$50.38M
YoY Change -25.31% 94.27%
Depreciation, Depletion And Amortization $687.0K $688.0K
YoY Change -0.15%
Cash From Operating Activities -$46.75M -$53.54M
YoY Change -12.69% 136.82%
INVESTING ACTIVITIES
Capital Expenditures -$79.00K -$1.181M
YoY Change -93.31% -662.38%
Acquisitions
YoY Change
Other Investing Activities -$52.94M -$66.07M
YoY Change -19.87% 454.71%
Cash From Investing Activities -$53.02M -$67.25M
YoY Change -21.16% 454.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $405.0K $5.029M
YoY Change -91.95% 72.11%
NET CHANGE
Cash From Operating Activities -$46.75M -$53.54M
Cash From Investing Activities -$53.02M -$67.25M
Cash From Financing Activities $405.0K $5.029M
Net Change In Cash -$99.36M -$115.8M
YoY Change -14.17% 263.88%
FREE CASH FLOW
Cash From Operating Activities -$46.75M -$53.54M
Capital Expenditures -$79.00K -$1.181M
Free Cash Flow -$46.67M -$52.36M
YoY Change -10.87% 129.47%

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425000 USD
CY2022Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
281000 USD
CY2021Q1 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
63000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5804000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131636000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
156591000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
906000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132542000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156591000 USD
CY2022Q1 us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (U.S. GAAP) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments considered necessary for fair presentation in accordance with U.S. GAAP. The condensed consolidated balance sheet as of December 31, 2021 was derived from audited annual consolidated financial statements but does not include all annual disclosures required by U.S. GAAP. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The results of operations for the three months ended March 31, 2022 are not necessarily indicative of the results to be expected for the full year or any other future periods.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Aurinia Pharma U.S., Inc. (Delaware incorporated) and Aurinia Pharma Limited (UK incorporated). All intercompany balances and transactions have been eliminated in consolidation and operate in one segment.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These unaudited condensed consolidated financial statements are presented in U.S. dollars which is the Company's functional currency therefore there is no currency translation adjustment upon consolidation as the remeasurement of gains or losses are recorded in the condensed consolidated statements of operations. All assets and liabilities denominated in a foreign currency are remeasured into U.S. dollars at the exchange rate on the balance sheet date. Revenues and expenses are remeasured at the average exchange rate during the period. Foreign exchange gains and losses arising on translation or settlement of a foreign currency denominated monetary item are included in the condensed consolidated statements of operations.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is devoting the majority of our operational efforts and financial resources towards the commercialization and post approval commitments of our approved drug, LUPKYNIS. The Company is also expending efforts towards our newly acquired assets AUR200 and AUR300. Taking into consideration the Company's cash, cash equivalents, restricted cash and investments of $418.8 million as of March 31, 2022, the Company believes that it has sufficient resources to fund its operations for at least the next few years beyond the date that the unaudited condensed consolidated financial statements are issued.</span></div>
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q1 auph Cash Cash Equivalents And Debt Securities Current
CashCashEquivalentsAndDebtSecuritiesCurrent
418800000 USD
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
900000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
300000 USD
CY2022Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Major Customers:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company currently has two main customers for U.S. commercial sales of LUPKYNIS and one customer for sales of voclosporin in the European Union, Japan, as well as the United Kingdom, Russia, Switzerland, Norway, Belarus, Iceland, Liechtenstein and Ukraine. Revenues from two customers accounted for approximately 54% and 45% respectively of the Company's total revenues for the three months ended March 31, 2022. The Company monitors economic conditions, the creditworthiness of customers and government regulations and funding, both domestically and abroad. The Company regularly communicates with its customers regarding the status of receivable balances, including their payment plans and obtains positive confirmation of the validity of the receivables. Global economic conditions and customer specific factors may require the Company to periodically re-evaluate the collectability of its receivables and the Company could potentially incur credit losses.</span>
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
277400000 USD
CY2022Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
20400000 USD
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
15400000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
500000 USD
CY2022Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
286200000 USD
CY2021Q4 us-gaap Debt Securities Current
DebtSecuritiesCurrent
234200000 USD
CY2022Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
8800000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
215000000 USD
CY2021Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
19200000 USD
CY2022Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
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DebtSecuritiesCurrent
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CY2021Q4 us-gaap Interest Receivable
InterestReceivable
100000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
766000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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500000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
6000 USD
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2217000 USD
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InventoryRawMaterialsNetOfReserves
2217000 USD
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
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InventoryFinishedGoodsNetOfReserves
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CY2022Q1 us-gaap Inventory Net
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InventoryNet
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CY2022Q1 auph Prepaid Assets Current
PrepaidAssetsCurrent
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PrepaidAssetsCurrent
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PrepaidInsurance
682000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1632000 USD
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3966000 USD
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796000 USD
CY2022Q1 auph Prepaid Rent And Prepaid Continuing Studies
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1200000 USD
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4762000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
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CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
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19470000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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11588000 USD
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7882000 USD
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19470000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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11066000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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8404000 USD
CY2022Q1 us-gaap Amortization Of Intangible Assets
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500000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5331000 USD
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300000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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5254000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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999000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
836000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4332000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4418000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
300000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5232000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5383000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
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1009000 USD
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1059000 USD
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7562000 USD
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OperatingLeaseLiabilityNoncurrent
7680000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8571000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8739000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0520
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
863000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1061000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1085000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1110000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1135000 USD
CY2022Q1 auph Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5638000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10892000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2321000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8571000 USD
CY2021Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
21000000 CHF
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
11800000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
78000000 USD
CY2022Q1 auph Lessee Operating Lease Lease Not Yet Commenced Payments Prior To Commencement Of Lease
LesseeOperatingLeaseLeaseNotYetCommencedPaymentsPriorToCommencementOfLease
885000 USD
CY2022Q1 auph Lessee Operating Lease Lease Not Yet Commenced Liability To Be Paid
LesseeOperatingLeaseLeaseNotYetCommencedLiabilityToBePaid
120000 USD
CY2022Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
3267000 USD
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3879000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
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7289000 USD
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3428000 USD
CY2022Q1 auph Accrued Research Current
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5409000 USD
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AccruedResearchCurrent
4383000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9609000 USD
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EmployeeRelatedLiabilitiesCurrent
18242000 USD
CY2022Q1 auph Commercial Related Accruals Current
CommercialRelatedAccrualsCurrent
6753000 USD
CY2021Q4 auph Commercial Related Accruals Current
CommercialRelatedAccrualsCurrent
5015000 USD
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
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AccountsPayableAndAccruedLiabilitiesCurrent
34947000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17400000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16000000 USD
CY2022Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
286210000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8000 USD
CY2022Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
418752000 USD
CY2021Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
234178000 USD
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
466078000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-37630000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-50379000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141675000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141675000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127401000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127401000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16601000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15785000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.70
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.66
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0173
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0028
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2022Q1 auph Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
0.116
CY2021Q1 auph Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
0.089
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend
0.000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend
0.000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.02
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.72
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12074000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.84
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2800000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
12.00
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.57
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
171000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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16.27
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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14649000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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12.66
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
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7023000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
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7821000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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48300000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y7M6D
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000 USD

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