2022 Q1 Form 10-Q Financial Statement
#000162828022012662 Filed on May 05, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
Revenue | $93.69M | $98.82M | $79.44M |
YoY Change | 17.94% | 15.26% | -14.81% |
Cost Of Revenue | $1.250M | $1.354M | $1.268M |
YoY Change | -1.42% | 8.32% | -32.48% |
Gross Profit | $92.44M | $97.47M | $78.17M |
YoY Change | 18.25% | 15.37% | -14.45% |
Gross Profit Margin | 98.67% | 98.63% | 98.4% |
Selling, General & Admin | $37.55M | $32.28M | $29.51M |
YoY Change | 27.25% | 25.62% | 7.17% |
% of Gross Profit | 40.62% | 33.12% | 37.75% |
Research & Development | $28.12M | $28.52M | $29.02M |
YoY Change | -3.11% | 0.85% | 11.1% |
% of Gross Profit | 30.42% | 29.26% | 37.13% |
Depreciation & Amortization | $288.0K | $289.0K | $254.0K |
YoY Change | 13.39% | 189.0% | 6.72% |
% of Gross Profit | 0.31% | 0.3% | 0.32% |
Operating Expenses | $65.67M | $60.80M | $58.53M |
YoY Change | 12.2% | 12.64% | 9.08% |
Operating Profit | $26.77M | $36.66M | $19.64M |
YoY Change | 36.31% | 20.21% | -47.93% |
Interest Expense | $80.00K | $72.00K | $280.0K |
YoY Change | -71.43% | -76.0% | -80.95% |
% of Operating Profit | 0.3% | 0.2% | 1.43% |
Other Income/Expense, Net | $80.00K | $275.0K | |
YoY Change | -70.91% | -81.31% | |
Pretax Income | $26.85M | $36.74M | $19.91M |
YoY Change | 34.83% | 19.23% | -49.18% |
Income Tax | $4.100M | $4.683M | -$3.600M |
% Of Pretax Income | 15.27% | 12.75% | -18.08% |
Net Earnings | $22.80M | $32.05M | $23.47M |
YoY Change | -2.85% | 23.31% | -21.95% |
Net Earnings / Revenue | 24.33% | 32.44% | 29.54% |
Basic Earnings Per Share | $0.22 | $0.20 | |
Diluted Earnings Per Share | $0.20 | $262.0K | $0.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 106.0M shares | 115.5M shares | 116.8M shares |
Diluted Shares Outstanding | 115.0M shares | 129.7M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $345.5M | $223.5M | $373.0M |
YoY Change | -7.37% | -49.28% | 21.38% |
Cash & Equivalents | $61.86M | $77.62M | $52.38M |
Short-Term Investments | $283.7M | $145.9M | $320.6M |
Other Short-Term Assets | $10.44M | $10.32M | $9.500M |
YoY Change | 9.85% | 53.96% | 66.67% |
Inventory | $5.079M | $4.988M | $4.948M |
Prepaid Expenses | |||
Receivables | $27.18M | $27.63M | $22.20M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $388.2M | $266.5M | $409.6M |
YoY Change | -5.23% | -44.31% | 18.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $726.0K | $1.002M | $1.481M |
YoY Change | -50.98% | -40.18% | 68.3% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $22.57M | $112.3M | $81.80M |
YoY Change | -72.41% | 210.16% | 96.16% |
Other Assets | $2.984M | $3.083M | $5.030M |
YoY Change | -40.68% | -38.34% | 46.18% |
Total Long-Term Assets | $79.90M | $157.3M | $142.8M |
YoY Change | -44.04% | 68.72% | 41.76% |
TOTAL ASSETS | |||
Total Short-Term Assets | $388.2M | $266.5M | $409.6M |
Total Long-Term Assets | $79.90M | $157.3M | $142.8M |
Total Assets | $468.1M | $423.8M | $552.4M |
YoY Change | -15.26% | -25.88% | 24.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.269M | $6.908M | $6.969M |
YoY Change | 33.0% | -34.55% | 40.05% |
Accrued Expenses | $32.66M | $27.67M | $18.00M |
YoY Change | 81.45% | 30.58% | -8.12% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $57.24M | $47.54M | $40.60M |
YoY Change | 40.99% | 0.1% | 19.15% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $3.068M | $409.0K | $1.000M |
YoY Change | 206.8% | -54.56% | -47.37% |
Total Long-Term Liabilities | $3.068M | $409.0K | $1.000M |
YoY Change | 206.8% | -54.56% | -47.37% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $57.24M | $47.54M | $40.60M |
Total Long-Term Liabilities | $3.068M | $409.0K | $1.000M |
Total Liabilities | $60.31M | $47.95M | $41.60M |
YoY Change | 44.99% | -0.92% | 15.53% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $217.8M | $195.0M | $105.9M |
YoY Change | 105.59% | 136.45% | 1527.05% |
Common Stock | $608.8M | $591.5M | $536.5M |
YoY Change | 13.49% | 14.57% | 15.21% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $407.8M | $375.8M | $510.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $468.1M | $423.8M | $552.4M |
YoY Change | -15.26% | -25.88% | 24.0% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $22.80M | $32.05M | $23.47M |
YoY Change | -2.85% | 23.31% | -21.95% |
Depreciation, Depletion And Amortization | $288.0K | $289.0K | $254.0K |
YoY Change | 13.39% | 189.0% | 6.72% |
Cash From Operating Activities | $35.25M | $49.43M | $25.42M |
YoY Change | 38.65% | 40.82% | -23.59% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $12.00K | -$65.00K | $126.0K |
YoY Change | -90.48% | -83.75% | 200.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$50.48M | $140.5M | -$3.200M |
YoY Change | 1477.63% | 1101.16% | -116.16% |
Cash From Investing Activities | -$50.50M | $140.5M | -$3.284M |
YoY Change | 1437.64% | 1154.21% | -116.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $33.54M | |
YoY Change | -100.0% | 12096.73% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$506.0K | -207.0M | -$45.95M |
YoY Change | -98.9% | 29467.0% | -22513.17% |
NET CHANGE | |||
Cash From Operating Activities | $35.25M | 49.43M | $25.42M |
Cash From Investing Activities | -$50.50M | 140.5M | -$3.284M |
Cash From Financing Activities | -$506.0K | -207.0M | -$45.95M |
Net Change In Cash | -$15.76M | -17.07M | -$23.81M |
YoY Change | -33.83% | -137.44% | -144.75% |
FREE CASH FLOW | |||
Cash From Operating Activities | $35.25M | $49.43M | $25.42M |
Capital Expenditures | $12.00K | -$65.00K | $126.0K |
Free Cash Flow | $35.24M | $49.49M | $25.30M |
YoY Change | 39.29% | 39.41% | -23.87% |
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|
10761000 | USD |
CY2022Q1 | cort |
Accretion Expense Income
AccretionExpenseIncome
|
1106000 | USD |
CY2021Q1 | cort |
Accretion Expense Income
AccretionExpenseIncome
|
1194000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
288000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
254000 | USD |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-9935000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-5360000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
514000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
489000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-447000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3998000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
163000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-866000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
9000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2850000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2256000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3493000 | USD |
CY2022Q1 | cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
609000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-484000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
25422000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
35247000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
126000 | USD |
CY2021Q1 | cort |
Increase Decrease In Accrued Clinical Expenses
IncreaseDecreaseInAccruedClinicalExpenses
|
-138000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
4995000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-3217000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
2107000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
597000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-526000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
42127000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
124230000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
92611000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
127388000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-50496000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3284000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
1382000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
4038000 | USD |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
33541000 | USD |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1888000 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
16444000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-506000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-45947000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-15755000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-23809000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77617000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
76190000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
61862000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
52381000 | USD |
CY2022Q1 | cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
5149000 | USD |
CY2021Q1 | cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
6045000 | USD |
CY2022Q1 | cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
2816000 | USD |
CY2021Q1 | cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
0 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
523338000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
10083000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
33540000 | USD |
CY2021Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
22520000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10142000 | USD |
CY2021Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-166000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23465000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
510802000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
375806000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6544000 | USD |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
7037000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10825000 | USD |
CY2022Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-1124000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22797000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
407811000 | USD |
CY2022Q1 | cort |
Number Of Series Of Selective Cortisol Modulators
NumberOfSeriesOfSelectiveCortisolModulators
|
4 | series |
CY2022Q1 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
12637000 | USD |
CY2021Q4 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
11450000 | USD |
CY2022Q1 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
5540000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
5079000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
4988000 | USD |
CY2021Q4 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6500000 | USD |
CY2022Q1 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
18177000 | USD |
CY2021Q4 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
17950000 | USD |
CY2022Q1 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
13098000 | USD |
CY2021Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
12962000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3939000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3927000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3213000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2925000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
726000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1002000 | USD |
CY2022Q1 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
12377000 | USD |
CY2021Q4 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
11174000 | USD |
CY2022Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
11523000 | USD |
CY2021Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
513000 | USD |
CY2022Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
4968000 | USD |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
13339000 | USD |
CY2022Q1 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
1802000 | USD |
CY2021Q4 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
842000 | USD |
CY2022Q1 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
861000 | USD |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1351000 | USD |
CY2022Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
652000 | USD |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
150000 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
477000 | USD |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
296000 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
32660000 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
27665000 | USD |
CY2022Q1 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
2800000 | USD |
CY2021Q4 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
2900000 | USD |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
330497000 | USD |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
303283000 | USD |
CY2022Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1400000 | USD |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
400000 | USD |
CY2022Q1 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1000000 | USD |
CY2021Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1400000 | USD |
CY2022Q1 | cort |
Marketable Securities Maximum Maturity Period
MarketableSecuritiesMaximumMaturityPeriod
|
P2Y | |
CY2022Q1 | cort |
Marketable Securities Weighted Average Maturity Period
MarketableSecuritiesWeightedAverageMaturityPeriod
|
P7M | |
CY2022Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2800000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2800000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
500000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
500000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
530000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
514000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2816000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P15M | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P12M | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.040 | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.048 | |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1735000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1157000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2892000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
76000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2816000 | USD |
CY2022Q1 | cort |
Number Of Stock Option Plans
NumberOfStockOptionPlans
|
1 | stockOptionPlan |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
600000 | shares |
CY2022Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
300000 | shares |
CY2021Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
800000 | shares |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1900000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1800000 | shares |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
16400000 | USD |
CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
21600000 | shares |
CY2021Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
21300000 | shares |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
64000 | USD |
CY2021Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
41000 | USD |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
10825000 | USD |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
10142000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22797000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23465000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
106012000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116818000 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
9025000 | shares |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
12850000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115037000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129668000 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
26800000 | shares |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4100000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3600000 | USD |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
400000 | USD |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
7700000 | USD |
CY2022Q1 | cort |
Unrecognized Tax Benefits That Would Be Offset By A Change In Valuation Allowance
UnrecognizedTaxBenefitsThatWouldBeOffsetByAChangeInValuationAllowance
|
1900000 | USD |
CY2022Q1 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
11500000 | USD |
CY2021Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
500000 | USD |