2022 Q3 Form 10-Q Financial Statement
#000178553022000031 Filed on August 11, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $4.970M | $4.148M | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $4.439M | $5.233M | $4.421M |
YoY Change | 10.75% | 41.78% | 67.78% |
% of Gross Profit | |||
Research & Development | $13.07M | $13.89M | $10.95M |
YoY Change | 33.54% | 91.15% | 127.22% |
% of Gross Profit | |||
Depreciation & Amortization | $404.0K | $185.0K | $98.00K |
YoY Change | 502.99% | 198.39% | 151.28% |
% of Gross Profit | |||
Operating Expenses | $17.51M | $19.12M | $15.37M |
YoY Change | 26.92% | 74.52% | 106.2% |
Operating Profit | -$12.54M | -$14.97M | -$15.37M |
YoY Change | -9.1% | 36.66% | 106.2% |
Interest Expense | $593.0K | $97.00K | $23.00K |
YoY Change | 1502.7% | 90.2% | -30.3% |
% of Operating Profit | |||
Other Income/Expense, Net | $596.0K | $378.0K | $23.00K |
YoY Change | 1510.81% | 980.0% | 35.29% |
Pretax Income | -$11.94M | -$14.59M | -$15.34M |
YoY Change | -13.19% | 33.63% | 106.36% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$11.94M | -$14.59M | -$15.34M |
YoY Change | -13.19% | 33.63% | 106.36% |
Net Earnings / Revenue | -240.3% | -351.83% | |
Basic Earnings Per Share | -$0.40 | -$0.53 | -$0.56 |
Diluted Earnings Per Share | -$0.40 | -$0.53 | -$0.56 |
COMMON SHARES | |||
Basic Shares Outstanding | 29.53M shares | 27.52M shares | 27.39M shares |
Diluted Shares Outstanding | 29.76M shares | 27.52M shares | 27.39M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $140.5M | $145.7M | $143.7M |
YoY Change | -17.59% | -20.48% | 69.87% |
Cash & Equivalents | $140.5M | $145.7M | $143.7M |
Short-Term Investments | |||
Other Short-Term Assets | $6.837M | $6.233M | $1.725M |
YoY Change | 72.39% | 99.39% | 555.89% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | $4.300M | $2.220M | |
Total Short-Term Assets | $151.6M | $154.2M | $145.4M |
YoY Change | -13.08% | -17.28% | 71.37% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $9.169M | $9.031M | $6.141M |
YoY Change | 1062.1% | 1210.74% | 784.87% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.853M | $1.855M | $642.0K |
YoY Change | 52.01% | 50.2% | -59.16% |
Total Long-Term Assets | $20.84M | $21.16M | $19.20M |
YoY Change | 424.73% | 421.41% | 319.93% |
TOTAL ASSETS | |||
Total Short-Term Assets | $151.6M | $154.2M | $145.4M |
Total Long-Term Assets | $20.84M | $21.16M | $19.20M |
Total Assets | $172.4M | $175.3M | $164.6M |
YoY Change | -3.34% | -7.92% | 84.08% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.388M | $2.590M | $1.381M |
YoY Change | -4.74% | -18.89% | -23.28% |
Accrued Expenses | $13.93M | $14.09M | $8.189M |
YoY Change | 149.98% | 307.7% | 183.36% |
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 | $27.80M | $30.37M | $11.03M |
YoY Change | 257.56% | 312.05% | 103.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $191.0K | $191.0K | $14.29M |
YoY Change | |||
Total Long-Term Liabilities | $191.0K | $191.0K | $14.29M |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $27.80M | $30.37M | $11.03M |
Total Long-Term Liabilities | $191.0K | $191.0K | $14.29M |
Total Liabilities | $41.48M | $45.49M | $25.31M |
YoY Change | 357.2% | 413.29% | 256.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$294.8M | -$282.8M | -$268.2M |
YoY Change | 25.42% | 27.82% | 74.46% |
Common Stock | $3.000K | $2.000K | $2.000K |
YoY Change | 50.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $130.9M | $129.8M | $139.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $172.4M | $175.3M | $164.6M |
YoY Change | -3.34% | -7.92% | 84.08% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.94M | -$14.59M | -$15.34M |
YoY Change | -13.19% | 33.63% | 106.36% |
Depreciation, Depletion And Amortization | $404.0K | $185.0K | $98.00K |
YoY Change | 502.99% | 198.39% | 151.28% |
Cash From Operating Activities | -$14.47M | -$303.0K | -$13.95M |
YoY Change | 16.55% | -97.1% | 90.43% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.954M | -$1.111M | $28.00K |
YoY Change | 1815.69% | 900.9% | 115.38% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$1.954M | -$1.111M | -$28.00K |
YoY Change | 1815.69% | 900.9% | 115.38% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 11.08M | 3.415M | $159.0K |
YoY Change | -4113.04% | -96.9% | -129.55% |
NET CHANGE | |||
Cash From Operating Activities | -14.47M | -303.0K | -$13.95M |
Cash From Investing Activities | -1.954M | -1.111M | -$28.00K |
Cash From Financing Activities | 11.08M | 3.415M | $159.0K |
Net Change In Cash | -5.350M | 2.001M | -$13.82M |
YoY Change | -58.19% | -97.99% | 75.45% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$14.47M | -$303.0K | -$13.95M |
Capital Expenditures | -$1.954M | -$1.111M | $28.00K |
Free Cash Flow | -$12.52M | $808.0K | -$13.98M |
YoY Change | 1.65% | -107.81% | 90.48% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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0001785530 | ||
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Current Fiscal Year End Date
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--12-31 | ||
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2022 | ||
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Q2 | ||
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10-Q | ||
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2022-06-30 | ||
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001-40366 | ||
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WEREWOLF THERAPEUTICS, INC. | ||
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DE | ||
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82-3523180 | ||
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200 Talcott Ave | ||
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2nd Floor | ||
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Watertown | ||
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MA | ||
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952‑05551030 Massachusetts Avenue, Suite 210, Cambridge, Massachusetts 02138(Former name, former address and former fiscal year, if changed since last report) | ||
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Common Stock, $0.0001 par value per share | ||
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|
-29937000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-170298000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-170298000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.53 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.53 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.82 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.82 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.09 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.09 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-17.86 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-17.86 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
27517000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27517000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17750000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17750000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27455000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
27455000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9535000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9535000 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
152787000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1745000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
129000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
2379000 | usd |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
1206000 | usd | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15343000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
139318000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
314000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3339000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1777000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14594000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
129841000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-51863000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
|
-95016000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
539000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
21000 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7435000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-153754000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
|
56926000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
293024000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
181556000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-29937000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18356000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2691000 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
2220000 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
0 | usd | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
109221000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
781000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
131000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10921000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3522000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1320000 | usd | |
us-gaap |
Depreciation
Depreciation
|
283000 | usd | |
us-gaap |
Depreciation
Depreciation
|
101000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
961000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
336000 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
262000 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
0 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2726000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3653000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
132000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
1864000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
3528000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
13071000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
0 | usd | |
howl |
Increase Decrease In Operating Lease Liability And Right Of Use Asset
IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset
|
-115000 | usd | |
howl |
Increase Decrease In Operating Lease Liability And Right Of Use Asset
IncreaseDecreaseInOperatingLeaseLiabilityAndRightOfUseAsset
|
-328000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
191000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-31000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14254000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17786000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1139000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
124000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1139000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-124000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
109665000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-11819000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
111600000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
239000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2087000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
160000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
152000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3574000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
91755000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
158830000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
92777000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
147011000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
184532000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1881000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
15000 | usd | |
howl |
Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
|
75000 | usd | |
howl |
Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
|
318000 | usd | |
howl |
Stock Option Exercise Receivables In Prepaid Expenses And Other Current Assets
StockOptionExerciseReceivablesInPrepaidExpensesAndOtherCurrentAssets
|
-30000 | usd | |
howl |
Stock Option Exercise Receivables In Prepaid Expenses And Other Current Assets
StockOptionExerciseReceivablesInPrepaidExpensesAndOtherCurrentAssets
|
0 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
0 | usd | |
us-gaap |
Accretion Expense
AccretionExpense
|
151942000 | usd | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
145700000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. On an ongoing basis, the Company’s management evaluates its estimates which include, but are not limited to, the fair values of common stock and the fair value of the success payment liability. Actual results could differ from those estimates.</span></div> | ||
us-gaap |
Revenue From Collaborative Arrangement Excluding Revenue From Contract With Customer
RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer
|
4100000 | usd | |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
11800000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
1300000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
674000 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | usd |
us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
15000000 | usd | |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1929000 | usd | |
CY2022Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
13071000 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | usd |
us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
15000000 | usd | |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1929000 | usd | |
CY2022Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
13071000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
1300000 | usd |
CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
100000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9705000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3304000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
391000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9031000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2913000 | usd |
us-gaap |
Depreciation
Depreciation
|
300000 | usd | |
us-gaap |
Depreciation
Depreciation
|
100000 | usd | |
CY2022Q2 | howl |
Accrued Manufacturing Current
AccruedManufacturingCurrent
|
5452000 | usd |
CY2021Q4 | howl |
Accrued Manufacturing Current
AccruedManufacturingCurrent
|
3427000 | usd |
CY2022Q2 | howl |
Accrued Contract Research Current
AccruedContractResearchCurrent
|
2258000 | usd |
CY2021Q4 | howl |
Accrued Contract Research Current
AccruedContractResearchCurrent
|
2542000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1938000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2200000 | usd |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1855000 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
433000 | usd |
CY2022Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
1295000 | usd |
CY2021Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
0 | usd |
CY2022Q2 | howl |
Success Payment Liability
SuccessPaymentLiability
|
863000 | usd |
CY2021Q4 | howl |
Success Payment Liability
SuccessPaymentLiability
|
0 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
429000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
163000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
14090000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
8765000 | usd |
CY2019Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
9949 | sqft |
CY2021Q1 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
7500 | sqft |
CY2021Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
25778 | sqft |
CY2021Q2 | howl |
Leasehold Improvements Landlord Allowance
LeaseholdImprovementsLandlordAllowance
|
5700000 | usd |
CY2021Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
1000000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
633000 | usd |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
219000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1316000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
438000 | usd | |
CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
183000 | usd |
CY2021Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
99000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
281000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
199000 | usd | |
CY2022Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
91000 | usd |
CY2021Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
137000 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
228000 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
137000 | usd | |
CY2022Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
68000 | usd |
CY2021Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
68000 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
0 | usd | |
CY2022Q2 | us-gaap |
Lease Cost
LeaseCost
|
839000 | usd |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
455000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
1757000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
774000 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y4M24D | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y7M6D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.081 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.081 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1453000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3133000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2505000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2337000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2403000 | usd |
CY2022Q2 | howl |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
8730000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
20561000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
5015000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
15546000 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.045 | |
CY2022Q2 | howl |
Debt Instrument Conditional Fee Liability
DebtInstrumentConditionalFeeLiability
|
900000 | usd |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | usd |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
8.15 | ||
CY2022Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
6597000 | shares |
CY2021Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
5264000 | shares |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1777000 | usd |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
781000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3522000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1320000 | usd | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.48 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
10.80 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.25 | ||
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3266000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.24 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y7D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1247000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
9.37 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
47000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.81 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
83000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
7.25 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4383000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.64 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y9M10D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1165000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
7.40 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P8Y3M14D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
100000 | usd |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
200000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
300000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
300000 | usd | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
18800000 | usd |
CY2022Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
100000 | usd |
CY2022Q2 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
200000 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4856000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3379000 | shares |