2023 Q2 Form 10-Q Financial Statement
#000101247723000012 Filed on May 04, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $1.496M | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $36.00K | $0.00 | |
YoY Change | |||
Gross Profit | $1.460M | $0.00 | |
YoY Change | |||
Gross Profit Margin | 97.59% | ||
Selling, General & Admin | $46.78M | $24.47M | $21.64M |
YoY Change | 114.54% | 13.09% | 96.47% |
% of Gross Profit | 3203.97% | ||
Research & Development | $4.223M | $3.830M | $6.991M |
YoY Change | -7.0% | -45.22% | 81.49% |
% of Gross Profit | 289.25% | ||
Depreciation & Amortization | $601.0K | $588.0K | $259.0K |
YoY Change | 143.32% | 127.03% | 17.73% |
% of Gross Profit | 41.16% | ||
Operating Expenses | $51.00M | $28.30M | $28.63M |
YoY Change | 93.59% | -1.15% | 92.59% |
Operating Profit | -$49.54M | -$28.30M | -$28.63M |
YoY Change | 65.48% | -1.15% | 93.28% |
Interest Expense | -$2.295M | -$3.259M | -$2.017M |
YoY Change | -34.54% | 61.58% | 4.51% |
% of Operating Profit | |||
Other Income/Expense, Net | $623.0K | $193.0K | -$104.0K |
YoY Change | 224.48% | -285.58% | |
Pretax Income | -$64.34M | -$31.36M | -$30.75M |
YoY Change | 93.5% | 2.01% | 91.55% |
Income Tax | $90.00K | -$580.0K | -$4.323M |
% Of Pretax Income | |||
Net Earnings | -$64.43M | -$30.78M | -$26.42M |
YoY Change | 1.56% | 16.5% | 96.53% |
Net Earnings / Revenue | -4306.95% | ||
Basic Earnings Per Share | -$0.83 | -$0.48 | -$0.45 |
Diluted Earnings Per Share | -$0.83 | -$0.48 | -$0.45 |
COMMON SHARES | |||
Basic Shares Outstanding | 76.77M shares | 64.48M shares | 58.82M shares |
Diluted Shares Outstanding | 77.25M shares | 63.89M shares | 58.82M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $160.5M | $100.9M | $123.5M |
YoY Change | 54.16% | -18.27% | -40.2% |
Cash & Equivalents | $49.99M | $83.39M | $60.87M |
Short-Term Investments | $110.5M | $17.53M | $62.61M |
Other Short-Term Assets | $6.463M | $542.0K | $156.0K |
YoY Change | 3083.74% | 247.44% | 4.7% |
Inventory | $1.439M | ||
Prepaid Expenses | $5.716M | $5.384M | $5.317M |
Receivables | $1.775M | $269.0K | $278.0K |
Other Receivables | $1.043M | $2.352M | $31.51M |
Total Short-Term Assets | $171.2M | $109.5M | $160.7M |
YoY Change | 36.21% | -31.9% | -33.66% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.950M | $782.0K | $268.0K |
YoY Change | 673.81% | 191.79% | -22.09% |
Goodwill | $16.84M | $16.84M | $16.84M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.54M | $10.93M | $39.64M |
YoY Change | -10.45% | -72.42% | 43.0% |
Total Long-Term Assets | $29.75M | $31.27M | $60.39M |
YoY Change | -7.69% | -48.22% | 19.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $171.2M | $109.5M | $160.7M |
Total Long-Term Assets | $29.75M | $31.27M | $60.39M |
Total Assets | $201.0M | $140.7M | $221.1M |
YoY Change | 27.25% | -36.35% | -24.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $11.79M | $10.02M | $6.048M |
YoY Change | 61.05% | 65.72% | 114.16% |
Accrued Expenses | $18.59M | $7.683M | $9.432M |
YoY Change | 92.14% | -18.54% | 119.5% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $20.85M | $20.52M | $26.18M |
YoY Change | -20.54% | -21.65% | |
Total Short-Term Liabilities | $51.50M | $79.36M | $44.02M |
YoY Change | 11.44% | 80.27% | 382.71% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $93.14M | $116.5M |
YoY Change | -100.0% | -20.07% | -17.63% |
Other Long-Term Liabilities | $6.282M | $5.767M | $3.847M |
YoY Change | 9.9% | 49.91% | -7.05% |
Total Long-Term Liabilities | $6.282M | $98.91M | $120.4M |
YoY Change | -94.48% | -17.83% | -17.33% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $51.50M | $79.36M | $44.02M |
Total Long-Term Liabilities | $6.282M | $98.91M | $120.4M |
Total Liabilities | $57.78M | $178.9M | $165.9M |
YoY Change | -64.17% | 7.84% | 6.05% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$680.4M | -$616.0M | -$474.2M |
YoY Change | 26.56% | 29.91% | 23.53% |
Common Stock | $849.5M | $603.9M | $554.4M |
YoY Change | 51.53% | 8.91% | 2.17% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $143.2M | -$38.17M | $55.23M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $201.0M | $140.7M | $221.1M |
YoY Change | 27.25% | -36.35% | -24.51% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$64.43M | -$30.78M | -$26.42M |
YoY Change | 1.56% | 16.5% | 96.53% |
Depreciation, Depletion And Amortization | $601.0K | $588.0K | $259.0K |
YoY Change | 143.32% | 127.03% | 17.73% |
Cash From Operating Activities | -$32.02M | -$30.23M | -$34.05M |
YoY Change | 127.27% | -11.2% | 45.41% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$92.91M | $5.066M | $42.25M |
YoY Change | -871.15% | -88.01% | 276.57% |
Cash From Investing Activities | -$92.91M | $5.066M | $42.25M |
YoY Change | -871.15% | -88.01% | 277.54% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 91.54M | $34.44M | $2.009M |
YoY Change | -2005.98% | 1614.39% | 1248.32% |
NET CHANGE | |||
Cash From Operating Activities | -32.02M | -$30.23M | -$34.05M |
Cash From Investing Activities | -92.91M | $5.066M | $42.25M |
Cash From Financing Activities | 91.54M | $34.44M | $2.009M |
Net Change In Cash | -33.39M | $9.410M | $10.17M |
YoY Change | 387.76% | -7.43% | -181.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$32.02M | -$30.23M | -$34.05M |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$34.05M | ||
YoY Change | 45.25% |
Facts In Submission
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
64478000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
62878000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
62878000 | shares |
CY2023Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
644000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
628000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
603215000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
589783000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-616004000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-585220000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-26026000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-26341000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-38166000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21145000 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
140739000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
132785000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21145000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-30784000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
315000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
11913000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
16000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
0 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
29000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1522000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-38166000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
78244000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26424000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1102000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1906000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
0 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
103000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2505000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
55232000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-30784000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26424000 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
588000 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
259000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1873000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
312000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-4323000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1522000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2505000 | usd |
CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1000 | usd |
CY2022Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
669000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4131000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2058000 | usd |
CY2023Q1 | avdl |
Increase Decrease In Research And Development Tax Credit Receivable
IncreaseDecreaseInResearchAndDevelopmentTaxCreditReceivable
|
0 | usd |
CY2022Q1 | avdl |
Increase Decrease In Research And Development Tax Credit Receivable
IncreaseDecreaseInResearchAndDevelopmentTaxCreditReceivable
|
19000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
468000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-5613000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
348000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2314000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
116000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
1667000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30233000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-34045000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
15295000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
44341000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
10229000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
2090000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5066000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
42251000 | usd |
CY2023Q1 | avdl |
Proceeds Received In Advance Of Share Issuance
ProceedsReceivedInAdvanceOfShareIssuance
|
40000000 | usd |
CY2022Q1 | avdl |
Proceeds Received In Advance Of Share Issuance
ProceedsReceivedInAdvanceOfShareIssuance
|
0 | usd |
CY2023Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
17500000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
11913000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
29000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
2009000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
34442000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2009000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
135000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-50000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9410000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
10165000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
73981000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
50708000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83391000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
60873000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3050000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5531000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
83391000 | usd |
CY2023Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
17532000 | usd |
CY2023Q1 | avdl |
Royalty Financing Quarterly Net Revenue Target
RoyaltyFinancingQuarterlyNetRevenueTarget
|
25000000 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
11913000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
19281000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1749000 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
17532000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
24407000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1889000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
22518000 | usd |
CY2023Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
1000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
304000 | usd |
CY2023Q1 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
61000 | usd |
CY2022Q2 | avdl |
Debt Instrument Convertible Embedded Conversion Feature Increase Decrease
DebtInstrumentConvertibleEmbeddedConversionFeatureIncreaseDecrease
|
5508000 | usd |
CY2022Q2 | avdl |
Adjustments To Additional Paid In Capital Adjustments In Fair Value Of Convertible Debt Conversion Feature
AdjustmentsToAdditionalPaidInCapitalAdjustmentsInFairValueOfConvertibleDebtConversionFeature
|
5508000 | usd |
CY2022Q2 | avdl |
Debt Instrument Convertible Embedded Conversion Feature Increase Decrease
DebtInstrumentConvertibleEmbeddedConversionFeatureIncreaseDecrease
|
5508000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
790000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
672000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
1019000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
20515000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
37668000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
93139000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
91614000 | usd |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
3259000 | usd |
CY2022Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
2017000 | usd |
CY2023Q1 | avdl |
Coupon Interest Expense
CouponInterestExpense
|
1386000 | usd |
CY2022Q1 | avdl |
Coupon Interest Expense
CouponInterestExpense
|
1617000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1873000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
312000 | usd |
CY2018Q1 | avdl |
American Depository Shares Conversion Ratio
AmericanDepositorySharesConversionRatio
|
92.6956 | rate |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | avdl |
Royalty Financing Quarterly Net Revenue Target
RoyaltyFinancingQuarterlyNetRevenueTarget
|
25000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-580000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.018 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4323000 | usd |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.141 | |
CY2023Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
5384000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1523000 | usd |
CY2023Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
542000 | usd |
CY2023Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10931000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
11322000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
228000 | usd |
CY2023Q1 | avdl |
Guarantee Current
GuaranteeCurrent
|
269000 | usd |
CY2022Q4 | avdl |
Guarantee Current
GuaranteeCurrent
|
276000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
69000 | usd |
CY2022Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
69000 | usd |
CY2023Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6264000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2096000 | usd |
CY2023Q1 | avdl |
Operating Lease Right Of Use Asset Contract Manufacturing Noncurrent
OperatingLeaseRightOfUseAssetContractManufacturingNoncurrent
|
10392000 | usd |
CY2022Q4 | avdl |
Operating Lease Right Of Use Asset Contract Manufacturing Noncurrent
OperatingLeaseRightOfUseAssetContractManufacturingNoncurrent
|
10686000 | usd |
CY2023Q1 | avdl |
Guarantee Noncurrent
GuaranteeNoncurrent
|
433000 | usd |
CY2022Q4 | avdl |
Guarantee Noncurrent
GuaranteeNoncurrent
|
495000 | usd |
CY2023Q1 | avdl |
Other Noncurrent Receivables
OtherNoncurrentReceivables
|
106000 | usd |
CY2022Q4 | avdl |
Other Noncurrent Receivables
OtherNoncurrentReceivables
|
141000 | usd |
CY2023Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
5709000 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
4040000 | usd |
CY2023Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1581000 | usd |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1613000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
246000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
473000 | usd |
CY2023Q1 | avdl |
Accrued Outsource Contract Costs
AccruedOutsourceContractCosts
|
147000 | usd |
CY2022Q4 | avdl |
Accrued Outsource Contract Costs
AccruedOutsourceContractCosts
|
1208000 | usd |
CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
7683000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
7334000 | usd |
CY2023Q1 | avdl |
Other Guarantor Obligations Current Carrying Value
OtherGuarantorObligationsCurrentCarryingValue
|
269000 | usd |
CY2022Q4 | avdl |
Other Guarantor Obligations Current Carrying Value
OtherGuarantorObligationsCurrentCarryingValue
|
277000 | usd |
CY2023Q1 | avdl |
Other Liabilities Miscellaneous Current
OtherLiabilitiesMiscellaneousCurrent
|
0 | usd |
CY2022Q4 | avdl |
Other Liabilities Miscellaneous Current
OtherLiabilitiesMiscellaneousCurrent
|
15000 | usd |
CY2023Q1 | avdl |
Accrued Interest Current
AccruedInterestCurrent
|
0 | usd |
CY2022Q4 | avdl |
Accrued Interest Current
AccruedInterestCurrent
|
1649000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
269000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1941000 | usd |
CY2023Q1 | avdl |
Tax Liabilities And Other Noncurrent Liabilities
TaxLiabilitiesAndOtherNoncurrentLiabilities
|
5333000 | usd |
CY2022Q4 | avdl |
Tax Liabilities And Other Noncurrent Liabilities
TaxLiabilitiesAndOtherNoncurrentLiabilities
|
5246000 | usd |
CY2023Q1 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
434000 | usd |
CY2022Q4 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
497000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5767000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5743000 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-30784000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26424000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
63886000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
58824000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
63886000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
58824000 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.45 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.48 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.45 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12463000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17696000 | shares |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-330000 | usd |