2022 Q3 Form 10-Q Financial Statement
#000162828022020731 Filed on August 04, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $101.7M | $103.4M | $93.69M |
YoY Change | 5.82% | 12.88% | 17.94% |
Cost Of Revenue | $1.339M | $1.316M | $1.250M |
YoY Change | 5.02% | -4.91% | -1.42% |
Gross Profit | $100.4M | $102.1M | $92.44M |
YoY Change | 5.83% | 13.15% | 18.25% |
Gross Profit Margin | 98.68% | 98.73% | 98.67% |
Selling, General & Admin | $35.16M | $37.81M | $37.55M |
YoY Change | 15.16% | 25.92% | 27.25% |
% of Gross Profit | 35.03% | 37.05% | 40.62% |
Research & Development | $33.29M | $32.83M | $28.12M |
YoY Change | 18.51% | 16.27% | -3.11% |
% of Gross Profit | 33.16% | 32.16% | 30.42% |
Depreciation & Amortization | $195.0K | $116.0K | $288.0K |
YoY Change | -27.51% | -45.79% | 13.39% |
% of Gross Profit | 0.19% | 0.11% | 0.31% |
Operating Expenses | $68.46M | $70.64M | $65.67M |
YoY Change | 16.77% | 21.24% | 12.2% |
Operating Profit | $31.93M | $31.43M | $26.77M |
YoY Change | -11.86% | -1.6% | 36.31% |
Interest Expense | $1.070M | $630.0K | $80.00K |
YoY Change | 1386.11% | 472.73% | -71.43% |
% of Operating Profit | 3.35% | 2.0% | 0.3% |
Other Income/Expense, Net | $1.070M | $630.0K | $80.00K |
YoY Change | 1386.11% | 472.73% | -70.91% |
Pretax Income | $33.00M | $32.06M | $26.85M |
YoY Change | -9.09% | 0.03% | 34.83% |
Income Tax | -$1.600M | $4.700M | $4.100M |
% Of Pretax Income | -4.85% | 14.66% | 15.27% |
Net Earnings | $34.61M | $27.41M | $22.80M |
YoY Change | 13.58% | 3.35% | -2.85% |
Net Earnings / Revenue | 34.02% | 26.51% | 24.33% |
Basic Earnings Per Share | $0.32 | $0.26 | $0.22 |
Diluted Earnings Per Share | $0.30 | $0.24 | $0.20 |
COMMON SHARES | |||
Basic Shares Outstanding | 107.1M shares | 106.3M shares | 106.0M shares |
Diluted Shares Outstanding | 116.6M shares | 115.4M shares | 115.0M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $396.3M | $370.1M | $345.5M |
YoY Change | 9.67% | 0.03% | -7.37% |
Cash & Equivalents | $50.24M | $35.35M | $61.86M |
Short-Term Investments | $346.0M | $334.7M | $283.7M |
Other Short-Term Assets | $20.68M | $15.36M | $10.44M |
YoY Change | 128.08% | 70.66% | 9.85% |
Inventory | $6.046M | $5.437M | $5.079M |
Prepaid Expenses | |||
Receivables | $29.41M | $28.16M | $27.18M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $452.4M | $419.0M | $388.2M |
YoY Change | 12.57% | 1.89% | -5.23% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $801.0K | $862.0K | $726.0K |
YoY Change | -34.67% | -39.04% | -50.98% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $4.895M | $11.89M | $22.57M |
YoY Change | -96.34% | -88.3% | -72.41% |
Other Assets | $5.081M | $1.834M | $2.984M |
YoY Change | 23.75% | -55.7% | -40.68% |
Total Long-Term Assets | $80.85M | $77.32M | $79.90M |
YoY Change | -55.94% | -50.82% | -44.04% |
TOTAL ASSETS | |||
Total Short-Term Assets | $452.4M | $419.0M | $388.2M |
Total Long-Term Assets | $80.85M | $77.32M | $79.90M |
Total Assets | $533.3M | $496.4M | $468.1M |
YoY Change | -8.91% | -12.69% | -15.26% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.178M | $8.246M | $9.269M |
YoY Change | 24.7% | -10.53% | 33.0% |
Accrued Expenses | $29.41M | $24.74M | $32.66M |
YoY Change | 20.99% | 15.01% | 81.45% |
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 | $53.07M | $49.06M | $57.24M |
YoY Change | 18.57% | 8.05% | 40.99% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $6.823M | $4.981M | $3.068M |
YoY Change | 1552.06% | 1135.98% | 206.8% |
Total Long-Term Liabilities | $6.823M | $4.981M | $3.068M |
YoY Change | 1552.06% | 1135.98% | 206.8% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $53.07M | $49.06M | $57.24M |
Total Long-Term Liabilities | $6.823M | $4.981M | $3.068M |
Total Liabilities | $59.89M | $54.04M | $60.31M |
YoY Change | 32.59% | 17.97% | 44.99% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $279.8M | $245.2M | $217.8M |
YoY Change | 71.74% | 85.12% | 105.59% |
Common Stock | $649.0M | $626.1M | $608.8M |
YoY Change | 13.55% | 12.96% | 13.49% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $473.4M | $442.3M | $407.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $533.3M | $496.4M | $468.1M |
YoY Change | -8.91% | -12.69% | -15.26% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $34.61M | $27.41M | $22.80M |
YoY Change | 13.58% | 3.35% | -2.85% |
Depreciation, Depletion And Amortization | $195.0K | $116.0K | $288.0K |
YoY Change | -27.51% | -45.79% | 13.39% |
Cash From Operating Activities | $33.65M | $18.04M | $35.25M |
YoY Change | -30.91% | -59.33% | 38.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$351.0K | -$19.00K | $12.00K |
YoY Change | 120.75% | -86.9% | -90.48% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$4.439M | -$41.78M | -$50.48M |
YoY Change | -82.69% | -267.77% | 1477.63% |
Cash From Investing Activities | -$4.790M | -$41.80M | -$50.50M |
YoY Change | -81.44% | -268.83% | 1437.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -13.96M | -2.756M | -$506.0K |
YoY Change | -40.95% | -89.43% | -98.9% |
NET CHANGE | |||
Cash From Operating Activities | 33.65M | 18.04M | $35.25M |
Cash From Investing Activities | -4.790M | -41.80M | -$50.50M |
Cash From Financing Activities | -13.96M | -2.756M | -$506.0K |
Net Change In Cash | 14.90M | -26.52M | -$15.76M |
YoY Change | -2107.68% | -161.61% | -33.83% |
FREE CASH FLOW | |||
Cash From Operating Activities | $33.65M | $18.04M | $35.25M |
Capital Expenditures | -$351.0K | -$19.00K | $12.00K |
Free Cash Flow | $34.00M | $18.06M | $35.24M |
YoY Change | -30.42% | -59.42% | 39.29% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Local Phone Number
LocalPhoneNumber
|
327-3270 | ||
dei |
Security12b Title
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Common Stock, $0.001 par value | ||
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false | ||
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2022 | ||
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Q2 | ||
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0001088856 | ||
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Current Fiscal Year End Date
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--12-31 | ||
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10-Q | ||
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true | ||
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2022-06-30 | ||
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000-50679 | ||
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CORCEPT THERAPEUTICS INC | ||
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DE | ||
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77-0487658 | ||
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149 Commonwealth Drive | ||
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Menlo Park | ||
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CA | ||
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94025 | ||
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NetIncomeLossAvailableToCommonStockholdersBasic
|
26523000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
50196000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
50196000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
49988000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49988000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
106289000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116294000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
106151000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116555000 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115399000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126680000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115222000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128204000 | shares | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27412000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26523000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
50209000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
49988000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
149000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
16000 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
472000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
77000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-470000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-50000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1489000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-242000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-320000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
16000 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-425000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
42000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
26622000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
26489000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
48295000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
49788000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
50209000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
49988000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21367000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21169000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1870000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2471000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
404000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
514000 | usd | |
cort |
Accretion Expense Income
AccretionExpenseIncome
|
-20565000 | usd | |
cort |
Accretion Expense Income
AccretionExpenseIncome
|
-2061000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1066000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
985000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
539000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1422000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-655000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1858000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5043000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2047000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1249000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-860000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
680000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1304000 | usd | |
cort |
Increase Decrease In Accrued Research And Development Expenses
IncreaseDecreaseInAccruedResearchAndDevelopmentExpenses
|
1361000 | usd | |
cort |
Increase Decrease In Accrued Research And Development Expenses
IncreaseDecreaseInAccruedResearchAndDevelopmentExpenses
|
-591000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-2921000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
328000 | usd | |
CY2022Q2 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1700000 | usd |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
4572000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
5000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1078000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-992000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
53287000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
69761000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
245000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
87306000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
244971000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
179571000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
223268000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-92296000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
21458000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
1932000 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
8786000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
62711000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5194000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
18054000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3262000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-71979000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-42271000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19240000 | 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 |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35346000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
95430000 | usd |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
11209000 | usd | |
cort |
Shares Repurchased In Net Settlement Of Cashless Option Exercise
SharesRepurchasedInNetSettlementOfCashlessOptionExercise
|
7704000 | usd | |
cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
2816000 | usd | |
cort |
Non Cash Transaction Recognition Of Right Of Use Asset And Lease Liability
NonCashTransactionRecognitionOfRightOfUseAssetAndLeaseLiability
|
0 | usd | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
523338000 | usd |
cort |
Marketable Securities Maximum Maturity Period
MarketableSecuritiesMaximumMaturityPeriod
|
P2Y | ||
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 |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6661000 | usd |
CY2021Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
29170000 | usd |
CY2021Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
3238000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11131000 | usd |
CY2021Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-34000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26523000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
522675000 | 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 |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6597000 | usd |
CY2022Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
9366000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10662000 | usd |
CY2022Q2 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-790000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27412000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
442326000 | usd |
cort |
Number Of Series Of Selective Cortisol Modulators
NumberOfSeriesOfSelectiveCortisolModulators
|
4 | series | |
CY2021Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
1400000 | usd |
CY2022Q2 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
11374000 | usd |
CY2021Q4 | cort |
Inventory Work In Process Current And Noncurrent
InventoryWorkInProcessCurrentAndNoncurrent
|
11450000 | usd |
CY2022Q2 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6041000 | usd |
CY2021Q4 | cort |
Inventory Finished Goods Current And Noncurrent
InventoryFinishedGoodsCurrentAndNoncurrent
|
6500000 | usd |
CY2022Q2 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
17415000 | usd |
CY2021Q4 | cort |
Inventory Current Noncurrent
InventoryCurrentNoncurrent
|
17950000 | usd |
CY2022Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
11978000 | usd |
CY2021Q4 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
12962000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
5437000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
4988000 | usd |
CY2022Q2 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
1351000 | usd |
CY2021Q4 | cort |
Accrued Legal Fees Current
AccruedLegalFeesCurrent
|
842000 | usd |
CY2022Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1138000 | usd |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
1351000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4191000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3927000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3329000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2925000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
862000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1002000 | usd |
CY2022Q2 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
12015000 | usd |
CY2021Q4 | cort |
Accrued Government Rebate Current
AccruedGovernmentRebateCurrent
|
11174000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
8873000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
13339000 | usd |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
744000 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
150000 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
623000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
809000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
24744000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
27665000 | usd |
CY2022Q2 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
1700000 | usd |
CY2021Q4 | cort |
Deposits For Clinical Trials
DepositsForClinicalTrials
|
2900000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
361869000 | usd |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
303283000 | usd |
cort |
Marketable Securities Weighted Average Maturity Period
MarketableSecuritiesWeightedAverageMaturityPeriod
|
P6M | ||
CY2021Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
530000 | usd |
CY2022Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | usd |
us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
0 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
600000 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1100000 | usd | |
CY2021Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
500000 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1000000 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
578000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1108000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1044000 | usd | |
CY2022Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2021Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2816000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P12M | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9M | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.040 | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.048 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1157000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1157000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2314000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
50000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2264000 | usd |
cort |
Number Of Stock Option Plans
NumberOfStockOptionPlans
|
1 | stockoptionplan | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
0 | shares | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
0 | shares |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
56000 | usd |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
63000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
120000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
104000 | usd | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
10662000 | usd |
CY2021Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
11131000 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
21487000 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
21273000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
27398000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
27398000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
26523000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
26523000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
50196000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
50196000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
49988000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
49988000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
106289000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116294000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
106151000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116555000 | shares | |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
9110000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
10386000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
9071000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
11649000 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115399000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126680000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115222000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128204000 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.47 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | ||
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
26000000 | shares |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4700000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8700000 | usd | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5500000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000000 | usd | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
600000 | usd |
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
1000000 | usd | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
8100000 | usd |
CY2022Q2 | cort |
Unrecognized Tax Benefits That Would Be Offset By A Change In Valuation Allowance
UnrecognizedTaxBenefitsThatWouldBeOffsetByAChangeInValuationAllowance
|
2100000 | usd |