2021 Q1 Form 10-Q Financial Statement

#000110450621000010 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $40.21M $36.86M
YoY Change 9.1% 68.3%
Cost Of Revenue $9.844M $8.438M
YoY Change 16.66% 103.33%
Gross Profit $30.37M $28.42M
YoY Change 6.85% 60.11%
Gross Profit Margin 75.52% 77.11%
Selling, General & Admin $51.55M $51.35M
YoY Change 0.39% -6.31%
% of Gross Profit 169.74% 180.67%
Research & Development $61.39M $36.18M
YoY Change 69.66% 15.96%
% of Gross Profit 202.14% 127.31%
Depreciation & Amortization $2.388M $2.266M
YoY Change 5.38% 111.97%
% of Gross Profit 7.86% 7.97%
Operating Expenses $61.39M $36.18M
YoY Change 69.66% 15.96%
Operating Profit -$83.83M -$60.36M
YoY Change 38.9% -13.17%
Interest Expense $7.559M $7.411M
YoY Change 2.0% 10.18%
% of Operating Profit
Other Income/Expense, Net -$43.00K $36.00K
YoY Change -219.44% -130.25%
Pretax Income -$91.40M -$66.33M
YoY Change 37.8% -10.29%
Income Tax $200.0K $0.00
% Of Pretax Income
Net Earnings -$91.64M -$66.36M
YoY Change 38.09% -10.5%
Net Earnings / Revenue -227.88% -180.04%
Basic Earnings Per Share -$0.89
Diluted Earnings Per Share -$0.89 -$739.1K
COMMON SHARES
Basic Shares Outstanding 103.0M shares 89.78M shares
Diluted Shares Outstanding 103.0M shares 89.78M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $409.8M $428.9M
YoY Change -4.45% 2.07%
Cash & Equivalents $409.8M $428.9M
Short-Term Investments
Other Short-Term Assets $21.60M $15.80M
YoY Change 36.71% 27.42%
Inventory $52.06M $30.65M
Prepaid Expenses
Receivables $17.63M $17.15M
Other Receivables $0.00 $0.00
Total Short-Term Assets $501.0M $492.5M
YoY Change 1.72% 8.33%
LONG-TERM ASSETS
Property, Plant & Equipment $52.68M $58.64M
YoY Change -10.15% 109.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $46.40M $21.90M
YoY Change 111.87% 93.81%
Total Long-Term Assets $191.4M $184.0M
YoY Change 4.01% 30.25%
TOTAL ASSETS
Total Short-Term Assets $501.0M $492.5M
Total Long-Term Assets $191.4M $184.0M
Total Assets $692.4M $676.5M
YoY Change 2.35% 13.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.42M $18.19M
YoY Change 23.28% -39.82%
Accrued Expenses $41.29M $32.69M
YoY Change 26.32% -14.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.100M $1.300M
YoY Change -15.38%
Total Short-Term Liabilities $81.40M $71.53M
YoY Change 13.79% -24.11%
LONG-TERM LIABILITIES
Long-Term Debt $361.6M $340.9M
YoY Change 6.05% 6.11%
Other Long-Term Liabilities $9.298M $10.96M
YoY Change -15.16% 2074.6%
Total Long-Term Liabilities $370.9M $351.9M
YoY Change 5.39% 9.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.40M $71.53M
Total Long-Term Liabilities $370.9M $351.9M
Total Liabilities $490.8M $469.8M
YoY Change 4.46% 3.99%
SHAREHOLDERS EQUITY
Retained Earnings -$1.922B -$1.603B
YoY Change 19.92% 18.18%
Common Stock $1.033M $899.0K
YoY Change 14.91% 15.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $201.6M $206.7M
YoY Change
Total Liabilities & Shareholders Equity $692.4M $676.5M
YoY Change 2.35% 13.53%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$91.64M -$66.36M
YoY Change 38.09% -10.5%
Depreciation, Depletion And Amortization $2.388M $2.266M
YoY Change 5.38% 111.97%
Cash From Operating Activities -$128.3M -$57.94M
YoY Change 121.42% -21.55%
INVESTING ACTIVITIES
Capital Expenditures $1.181M $2.679M
YoY Change -55.92% -33.49%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.181M -$2.679M
YoY Change -55.92% -33.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.703M $2.134M
YoY Change 214.1% -30.01%
NET CHANGE
Cash From Operating Activities -$128.3M -$57.94M
Cash From Investing Activities -$1.181M -$2.679M
Cash From Financing Activities $6.703M $2.134M
Net Change In Cash -$123.0M -$58.49M
YoY Change 110.31% -21.85%
FREE CASH FLOW
Cash From Operating Activities -$128.3M -$57.94M
Capital Expenditures $1.181M $2.679M
Free Cash Flow -$129.5M -$60.61M
YoY Change 113.58% -22.17%

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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
487429000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
409751000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
428942000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
4271000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
4381000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
672000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
414000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
409800000 USD
CY2021Q1 us-gaap Net Income Loss
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-91600000 USD
CY2020Q1 insm Fair Value Level1 Level2 Level3 Transfers Amount
FairValueLevel1Level2Level3TransfersAmount
0 USD
CY2021Q1 insm Fair Value Level1 Level2 Level3 Transfers Amount
FairValueLevel1Level2Level3TransfersAmount
0 USD
CY2021Q1 insm Availableforsale Securities Gross Unrealized Gain Loss Numberof Securities
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0 security
CY2020Q4 insm Availableforsale Securities Gross Unrealized Gain Loss Numberof Securities
AvailableforsaleSecuritiesGrossUnrealizedGainLossNumberofSecurities
0 security
CY2021Q1 us-gaap Net Income Loss
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CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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103040000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89779000 shares
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0 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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CY2021Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company places its cash equivalents with high credit-quality financial institutions and may invest its short-term investments in US treasury securities, mutual funds and government agency bonds. The Company has established guidelines relative to credit ratings and maturities that seek to maintain safety and liquidity.</span><div style="margin-bottom:8pt;margin-top:8pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is exposed to risks associated with extending credit to customers related to the sale of products. The Company does not require collateral to secure amounts due from its customers. The Company uses an expected loss methodology to calculate allowances for trade receivables. The Company's measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. The Company does not currently have a material allowance for collectible trade receivables. The following table presents the percentage of total gross product revenue represented by the Company's three largest customers as of the three months ended March 31, 2021 and 2020.</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:67.836%"><tr><td style="width:1.0%"/><td style="width:37.908%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.994%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:2.601%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:27.997%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:0 1pt"/><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer A</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer B</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer C</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="text-indent:42.75pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company relies on third-party manufacturers and suppliers for manufacturing and supply of its products. The inability of the suppliers or manufacturers to fulfill supply requirements of the Company could materially impact future operating results. A change in the relationship with the suppliers or manufacturers, or an adverse change in their business, could materially impact future operating results.</span></div>
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
23052000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
21601000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18901000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18754000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10107000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
9237000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
52060000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
49592000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
49300000 USD
CY2021Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P12Y
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
49261000 USD
CY2021Q1 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
0 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1263000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47998000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
83422000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
82303000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30738000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28350000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52684000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
53953000 USD
CY2021Q1 insm Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
12117000 USD
CY2020Q4 insm Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
6733000 USD
CY2021Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
9804000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
8594000 USD
CY2021Q1 insm Accrued Technical Operation Expenses
AccruedTechnicalOperationExpenses
6308000 USD
CY2020Q4 insm Accrued Technical Operation Expenses
AccruedTechnicalOperationExpenses
9164000 USD
CY2021Q1 insm Accrued Royalties And Milestone Payments Current
AccruedRoyaltiesAndMilestonePaymentsCurrent
3385000 USD
CY2020Q4 insm Accrued Royalties And Milestone Payments Current
AccruedRoyaltiesAndMilestonePaymentsCurrent
3423000 USD
CY2021Q1 us-gaap Interest Payable Current
InterestPayableCurrent
1663000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
3631000 USD
CY2021Q1 insm Accrued Sales Allowancesand Related Costs
AccruedSalesAllowancesandRelatedCosts
7476000 USD
CY2020Q4 insm Accrued Sales Allowancesand Related Costs
AccruedSalesAllowancesandRelatedCosts
5051000 USD
CY2021Q1 insm Accrued Construction Liabilities Current
AccruedConstructionLiabilitiesCurrent
140000 USD
CY2020Q4 insm Accrued Construction Liabilities Current
AccruedConstructionLiabilitiesCurrent
364000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
396000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
847000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
41289000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
37807000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
100000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6541000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
22000 USD
CY2021Q1 insm Lessee Operating Lease Lease Notyet Commenced Amount
LesseeOperatingLeaseLeaseNotyetCommencedAmount
26800000 USD
CY2021Q1 us-gaap Secured Debt
SecuredDebt
450000000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
450000000 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5297000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5646000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
83128000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
88036000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
361575000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
356318000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
450000000 USD
CY2021Q1 us-gaap Long Term Debt
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450000000 USD
CY2021Q1 us-gaap Interest Expense Debt
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1969000 USD
CY2020Q1 us-gaap Interest Expense Debt
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1973000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
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350000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
349000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4907000 USD
CY2020Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4650000 USD
CY2021Q1 insm Convertible Debt Interest Expense Total
ConvertibleDebtInterestExpenseTotal
7226000 USD
CY2020Q1 insm Convertible Debt Interest Expense Total
ConvertibleDebtInterestExpenseTotal
6972000 USD
CY2021Q1 us-gaap Finance Lease Interest Expense
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333000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
439000 USD
CY2021Q1 us-gaap Interest Expense
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7559000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
7411000 USD
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
103278670 shares
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
103278670 shares
CY2020Q2 us-gaap Sale Of Stock Price Per Share
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23.25
CY2020Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
13500000 USD
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 insm Share Based Compensation Arrangement By Share Based Payment Award Inducement Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardInducementOptionsGrantsInPeriodGross
87790 shares
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0.0 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1200000 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 USD

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