2019 Q4 Form 10-Q Financial Statement

#000117887919000065 Filed on November 12, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $55.29M $48.77M $20.60M
YoY Change 69.38% 136.78% 89.41%
Cost Of Revenue $6.950M $5.596M $4.310M
YoY Change 60.14% 29.84% 140.78%
Gross Profit $48.35M $43.17M $16.29M
YoY Change 70.85% 165.09% 79.28%
Gross Profit Margin 87.44% 88.53% 79.07%
Selling, General & Admin $43.30M $39.68M $31.87M
YoY Change 11.68% 24.52% 47.21%
% of Gross Profit 89.56% 91.91% 195.67%
Research & Development $91.91M $58.89M $138.2M
YoY Change 60.63% -57.39% 240.12%
% of Gross Profit 190.09% 136.41% 848.75%
Depreciation & Amortization $1.520M $1.116M $1.073M
YoY Change 26.67% 4.01% 26.09%
% of Gross Profit 3.14% 2.59% 6.59%
Operating Expenses $137.4M $100.5M $172.5M
YoY Change 40.47% -41.74% -39.34%
Operating Profit -$89.02M -$57.31M -$156.2M
YoY Change 28.1% -63.31% -43.25%
Interest Expense -$1.510M $4.026M $4.715M
YoY Change -72.79% -14.61% 8.37%
% of Operating Profit
Other Income/Expense, Net $650.0K -$3.481M -$1.039M
YoY Change -131.86% 235.03% -150.83%
Pretax Income -$89.89M -$62.06M -$159.2M
YoY Change 16.63% -61.02% -42.39%
Income Tax -$160.0K -$251.0K -$51.00K
% Of Pretax Income
Net Earnings -$89.73M -$61.81M -$159.2M
YoY Change 14.91% -61.17% 42.53%
Net Earnings / Revenue -162.28% -126.74% -772.79%
Basic Earnings Per Share
Diluted Earnings Per Share -$351.7K -$242.7K -$841.4K
COMMON SHARES
Basic Shares Outstanding 254.8M shares 254.6M shares 189.1M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $452.7M $514.2M $564.4M
YoY Change -10.21% -8.89% 37.16%
Cash & Equivalents $142.8M $166.3M $201.8M
Short-Term Investments $309.9M $347.9M $362.6M
Other Short-Term Assets $20.00M $19.60M $16.20M
YoY Change 20.48% 20.99% 161.29%
Inventory $14.04M $9.154M $6.311M
Prepaid Expenses
Receivables $33.28M $33.73M $14.19M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $520.1M $576.7M $601.0M
YoY Change -5.63% -4.06% 39.45%
LONG-TERM ASSETS
Property, Plant & Equipment $47.71M $34.67M $10.66M
YoY Change 319.38% 225.29% 11.03%
Goodwill $197.8M $197.8M $197.8M
YoY Change 0.0% 0.0% 0.0%
Intangibles $23.00M $23.00M $23.00M
YoY Change 0.0% 0.0%
Long-Term Investments
YoY Change
Other Assets $28.32M $14.35M $6.099M
YoY Change 323.72% 135.3% 45.21%
Total Long-Term Assets $330.1M $305.6M $237.6M
YoY Change 38.22% 28.66% -4.9%
TOTAL ASSETS
Total Short-Term Assets $520.1M $576.7M $601.0M
Total Long-Term Assets $330.1M $305.6M $237.6M
Total Assets $850.2M $882.3M $838.6M
YoY Change 7.63% 5.21% 23.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.72M $81.50M $54.30M
YoY Change 228.82% 50.09% 1.12%
Accrued Expenses $7.200M $6.400M
YoY Change
Deferred Revenue $4.000M
YoY Change -55.56%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $128.8M $93.08M $65.88M
YoY Change 49.56% 41.29% -3.4%
LONG-TERM LIABILITIES
Long-Term Debt $149.5M $149.3M $318.8M
YoY Change -53.53% -53.17% 97.28%
Other Long-Term Liabilities $5.296M $4.591M $3.029M
YoY Change 85.63% 51.57% -90.56%
Total Long-Term Liabilities $5.296M $4.591M $3.029M
YoY Change 85.63% 51.57% -98.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $128.8M $93.08M $65.88M
Total Long-Term Liabilities $5.296M $4.591M $3.029M
Total Liabilities $373.8M $334.0M $427.6M
YoY Change -16.39% -21.89% 57.74%
SHAREHOLDERS EQUITY
Retained Earnings -$1.769B -$1.700B -$1.334B
YoY Change 25.24% 27.42%
Common Stock $2.230B $2.213B $1.733B
YoY Change 28.0% 27.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $476.4M $548.3M $411.0M
YoY Change
Total Liabilities & Shareholders Equity $850.2M $882.3M $838.6M
YoY Change 7.63% 5.21% 23.18%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$89.73M -$61.81M -$159.2M
YoY Change 14.91% -61.17% 42.53%
Depreciation, Depletion And Amortization $1.520M $1.116M $1.073M
YoY Change 26.67% 4.01% 26.09%
Cash From Operating Activities -$57.84M -$55.55M -$132.8M
YoY Change -4.68% -58.16% 171.49%
INVESTING ACTIVITIES
Capital Expenditures -$10.92M -$3.980M -$2.690M
YoY Change 527.59% 47.96% 140.18%
Acquisitions
YoY Change
Other Investing Activities $37.89M $7.170M $117.2M
YoY Change -161.05% -93.88% -167.81%
Cash From Investing Activities $26.96M $3.190M $114.5M
YoY Change -142.26% -97.21% -165.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.190M 520.0K 146.8M
YoY Change 786.11% -99.65% -41.32%
NET CHANGE
Cash From Operating Activities -57.84M -55.55M -132.8M
Cash From Investing Activities 26.96M 3.190M 114.5M
Cash From Financing Activities 3.190M 520.0K 146.8M
Net Change In Cash -27.69M -51.84M 128.5M
YoY Change -77.69% -140.33% 369.6%
FREE CASH FLOW
Cash From Operating Activities -$57.84M -$55.55M -$132.8M
Capital Expenditures -$10.92M -$3.980M -$2.690M
Free Cash Flow -$46.92M -$51.57M -$130.1M
YoY Change -20.39% -60.35% 172.23%

Facts In Submission

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us-gaap Net Income Loss
NetIncomeLoss
-270914000 USD
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.24
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.84
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.13
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.47
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
254674422 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
189162841 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
235527540 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
184606790 shares
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-61809000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-159163000 USD
us-gaap Net Income Loss
NetIncomeLoss
-266659000 USD
us-gaap Net Income Loss
NetIncomeLoss
-270914000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
584000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
665000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
661000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1167000 USD
CY2019Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-11000 USD
CY2018Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
244000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
551000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
225000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
573000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
909000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1212000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1392000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-61236000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-158254000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-265447000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-269522000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-446000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2019Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-11000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
584000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-61809000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
342912000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7808000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
188994000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-3001000 USD
fold Stock Issued During Period Shares Contingent Consideration
StockIssuedDuringPeriodSharesContingentConsideration
771804 shares
fold Stock Issued During Period Value Contingent Consideration
StockIssuedDuringPeriodValueContingentConsideration
9316000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
31522000 USD
fold Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
101787 shares
fold Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
812000 USD
us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
215476000 USD
fold Adjustments To Additional Paid In Capital Premiums Paid From Termination Of Capped Call Confirmations
AdjustmentsToAdditionalPaidInCapitalPremiumsPaidFromTerminationOfCappedCallConfirmations
19875000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
551000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
661000 USD
us-gaap Net Income Loss
NetIncomeLoss
-266659000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
548267000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
561895000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
911000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-654000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7054000 USD
CY2018Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
244000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
665000 USD
CY2018Q3 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
0 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7868000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-159163000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
410951000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3261000 USD
fold Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
3617000 USD
fold Adjustments To Additional Paid In Capital Change In Fair Value Of Derivatives
AdjustmentsToAdditionalPaidInCapitalChangeInFairValueOfDerivatives
2739000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3015000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
352850000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-2681000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
20873000 USD
us-gaap Profit Loss
ProfitLoss
-270914000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2290000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
8491000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
294584000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
225000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1167000 USD
us-gaap Net Income Loss
NetIncomeLoss
-270914000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
410951000 USD
us-gaap Profit Loss
ProfitLoss
-266659000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
31522000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
20873000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-40624000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-2739000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2652000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2700000 USD
fold Foreign Currency Remeasurement Gain Loss Before Tax
ForeignCurrencyRemeasurementGainLossBeforeTax
-2665000 USD
fold Foreign Currency Remeasurement Gain Loss Before Tax
ForeignCurrencyRemeasurementGainLossBeforeTax
-775000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
136000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12644000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5182000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2016000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2049000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3321000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2633000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8714000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3684000 USD
fold Increase Decrease In Noncurrent Operating Liabilities
IncreaseDecreaseInNoncurrentOperatingLiabilities
1964000 USD
fold Increase Decrease In Noncurrent Operating Liabilities
IncreaseDecreaseInNoncurrentOperatingLiabilities
-420000 USD
fold Increase Decrease In Deferred Reimbursements
IncreaseDecreaseInDeferredReimbursements
-1500000 USD
fold Increase Decrease In Deferred Reimbursements
IncreaseDecreaseInDeferredReimbursements
-5000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-192584000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-239278000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
389242000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
388135000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
311965000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
440963000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9087000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4571000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
68190000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-57399000 USD
fold Payments For Repurchase Of Restricted Stock Units
PaymentsForRepurchaseOfRestrictedStockUnits
3001000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
450416000 USD
fold Payments For Repurchase Of Restricted Stock Units
PaymentsForRepurchaseOfRestrictedStockUnits
2681000 USD
fold Proceeds From Capped Call Confirmations Exchange Of Convertible Debt
ProceedsFromCappedCallConfirmationsExchangeOfConvertibleDebt
19875000 USD
fold Proceeds From Capped Call Confirmations Exchange Of Convertible Debt
ProceedsFromCappedCallConfirmationsExchangeOfConvertibleDebt
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
188994000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7808000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8492000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
812000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
3617000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
214311000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
294584000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
146622000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
177000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
218000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2591000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1146000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
87326000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
152593000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82375000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51237000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169701000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
203830000 USD
us-gaap Interest Paid Net
InterestPaidNet
13145000 USD
us-gaap Interest Paid Net
InterestPaidNet
3787000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2802000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
538000 USD
fold Payment Of Contingent Consideration
PaymentOfContingentConsideration
9316000 USD
fold Payment Of Contingent Consideration
PaymentOfContingentConsideration
0 USD
CY2019Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
18700000 shares
CY2019Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
189000000.0 USD
CY2019Q3 fold Debt Instrument Convertible Debt Exchange Agreement Aggregate Principal Amount
DebtInstrumentConvertibleDebtExchangeAgreementAggregatePrincipalAmount
247200000 USD
CY2019Q3 fold Debt Instrument Convertible Debt Exchange Agreement Shares Authorized For Issuance
DebtInstrumentConvertibleDebtExchangeAgreementSharesAuthorizedForIssuance
44000000.0 shares
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1700000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification</span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified for comparative purposes. The reclassifications did not affect results of operations, net assets, or cash flows.</span></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company's financial instruments that are exposed to concentration of credit risk consist primarily of cash, cash equivalents, and marketable securities. The Company maintains its cash and cash equivalents in bank accounts, which, at times, exceed federally insured limits. The Company invests its marketable securities in high-quality commercial financial instruments. The Company has not recognized any losses from credit risks on such accounts during any of the periods presented. The Company believes it is not exposed to significant credit risk on cash and cash equivalents or its marketable securities.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><span style="font-family:inherit;font-size:10pt;">The Company is subject to credit risk from its accounts receivable related to its product sales of Galafold</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></span><span style="font-family:inherit;font-size:10pt;">. The Company's accounts receivable at </span><span style="font-family:inherit;font-size:10pt;">September 30, 2019</span> have arisen from product sales primarily in the E.U. and U.S. The Company will periodically assess the financial strength of its customers to establish allowances for anticipated losses, if any. For accounts receivable that have arisen from named patient sales, the payment terms are predetermined and the Company evaluates the creditworthiness of each customer on a regular basis.
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
200000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Fair Value Disclosure
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesFairValueDisclosure
514194000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
48768000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
20596000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
126944000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
58601000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166300000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
347900000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166319000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
166319000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities
CashCashEquivalentsAndAvailableforsaleDebtSecurities
513873000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
346000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166319000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
166319000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
347554000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
346000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
347875000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities
CashCashEquivalentsAndAvailableforsaleDebtSecurities
513873000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
346000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
25000 USD
CY2019Q3 fold Cash Cash Equivalents And Availableforsale Debt Securities Fair Value Disclosure
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesFairValueDisclosure
514194000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
27500000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79749000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
79749000 USD
CY2018Q4 fold Cash Cash Equivalents And Availableforsale Debt Securities
CashCashEquivalentsAndAvailableforsaleDebtSecurities
504579000 USD
CY2018Q4 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
11000 USD
CY2018Q4 fold Cash Cash Equivalents And Availableforsale Debt Securities Accumulated Gross Unrealized Loss Before Tax
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
438000 USD
CY2018Q4 fold Cash Cash Equivalents And Availableforsale Debt Securities Fair Value Disclosure
CashCashEquivalentsAndAvailableforsaleDebtSecuritiesFairValueDisclosure
504152000 USD
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1300000 USD
CY2019Q3 fold Gain Loss On Extinguishment Of Debt Additional Paid In Capital
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us-gaap Gains Losses On Extinguishment Of Debt
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fold Proceeds From Capped Call Confirmations Exchange Of Convertible Debt
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19900000 USD
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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CY2019Q3 us-gaap Assets Fair Value Disclosure
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CY2019Q3 us-gaap Liabilities Fair Value Disclosure
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2732000 USD
CY2018Q4 us-gaap Liabilities Fair Value Disclosure
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22432000 USD
fold Milestone Payment Stock Issued As Consideration
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9000000.0 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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26800000 USD
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CY2018Q3 fold Payment Of Contingent Consideration
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fold Payment Of Contingent Consideration
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fold Payment Of Contingent Consideration
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CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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CY2019Q3 us-gaap Operating Lease Expense
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us-gaap Operating Lease Expense
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7800000 USD
us-gaap Operating Lease Cost
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3500000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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600000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
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CY2019Q3 us-gaap Operating Lease Liability Current
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CY2019Q3 us-gaap Operating Lease Liability
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56042000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P17Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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10380000 USD
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10751000 USD
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
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28939000 USD
CY2019Q3 fold Lessee Operating Lease Liability Tenant Incentives
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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4063000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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3560000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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3371000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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3611000 USD
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10038000 USD
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30887000 USD
CY2019Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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254674422 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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189162841 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
235527540 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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184606790 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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26579000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
63014000 shares

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