2023 Q3 Form 10-Q Financial Statement
#000110450623000018 Filed on August 03, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| Revenue | $79.07M | $77.23M |
| YoY Change | 16.75% | 18.41% |
| Cost Of Revenue | $16.71M | $16.59M |
| YoY Change | 24.01% | 1.21% |
| Gross Profit | $62.37M | $60.64M |
| YoY Change | 14.94% | 24.19% |
| Gross Profit Margin | 78.87% | 78.51% |
| Selling, General & Admin | $90.63M | $84.43M |
| YoY Change | 19.91% | 40.78% |
| % of Gross Profit | 145.32% | 139.24% |
| Research & Development | $109.1M | $197.0M |
| YoY Change | 9.29% | 122.5% |
| % of Gross Profit | 175.01% | 324.84% |
| Depreciation & Amortization | $3.430M | $3.252M |
| YoY Change | 32.18% | 13.83% |
| % of Gross Profit | 5.5% | 5.36% |
| Operating Expenses | $109.1M | $282.7M |
| YoY Change | 9.29% | 219.3% |
| Operating Profit | -$147.7M | -$222.0M |
| YoY Change | 15.64% | 151.4% |
| Interest Expense | $20.29M | -$9.447M |
| YoY Change | 505.07% | -381.41% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $285.0K | $696.0K |
| YoY Change | -118.82% | -116.16% |
| Pretax Income | -$158.4M | -$244.3M |
| YoY Change | 21.12% | 156.75% |
| Income Tax | $500.0K | $530.0K |
| % Of Pretax Income | ||
| Net Earnings | -$158.9M | -$244.8M |
| YoY Change | 21.19% | 155.96% |
| Net Earnings / Revenue | -201.0% | -316.99% |
| Basic Earnings Per Share | -$1.11 | -$1.78 |
| Diluted Earnings Per Share | -$1.11 | -$1.78 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 143.8M shares | 136.4M shares |
| Diluted Shares Outstanding | 142.9M shares | 137.6M shares |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $785.9M | $917.8M |
| YoY Change | 53.11% | 65.39% |
| Cash & Equivalents | $487.1M | $612.9M |
| Short-Term Investments | $298.8M | $304.9M |
| Other Short-Term Assets | $27.10M | $26.36M |
| YoY Change | 7.57% | 12.84% |
| Inventory | $77.92M | $77.35M |
| Prepaid Expenses | ||
| Receivables | $35.58M | $30.95M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $926.6M | $1.052B |
| YoY Change | 46.57% | 55.98% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $64.63M | $100.9M |
| YoY Change | 20.39% | 87.09% |
| Goodwill | $136.1M | $136.1M |
| YoY Change | 0.0% | 0.0% |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $92.50M | $83.45M |
| YoY Change | 45.19% | 25.86% |
| Total Long-Term Assets | $398.3M | $386.7M |
| YoY Change | 9.83% | 2.14% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $926.6M | $1.052B |
| Total Long-Term Assets | $398.3M | $386.7M |
| Total Assets | $1.325B | $1.439B |
| YoY Change | 33.18% | 36.62% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $65.38M | $58.79M |
| YoY Change | 464.76% | 88.76% |
| Accrued Expenses | $125.7M | $143.0M |
| YoY Change | -0.03% | 143.36% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $2.500M | $2.445M |
| YoY Change | 641.84% | 1053.3% |
| Total Short-Term Liabilities | $196.7M | $204.3M |
| YoY Change | 42.91% | 79.46% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.148B | $1.168B |
| YoY Change | 46.22% | 49.01% |
| Other Long-Term Liabilities | $5.918M | $222.5M |
| YoY Change | -47.81% | 1446.52% |
| Total Long-Term Liabilities | $1.153B | $1.391B |
| YoY Change | 44.88% | 74.19% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $196.7M | $204.3M |
| Total Long-Term Liabilities | $1.153B | $1.391B |
| Total Liabilities | $1.614B | $1.595B |
| YoY Change | 57.52% | 58.05% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$3.260B | -$3.101B |
| YoY Change | 28.53% | 28.93% |
| Common Stock | $1.430M | $1.428M |
| YoY Change | 17.5% | 19.1% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$289.4M | -$155.7M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.325B | $1.439B |
| YoY Change | 33.18% | 36.62% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$158.9M | -$244.8M |
| YoY Change | 21.19% | 155.96% |
| Depreciation, Depletion And Amortization | $3.430M | $3.252M |
| YoY Change | 32.18% | 13.83% |
| Cash From Operating Activities | -$136.3M | -$122.8M |
| YoY Change | 51.77% | 20.03% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $2.860M | $4.883M |
| YoY Change | -591.41% | -268.15% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $10.00M | -$269.3M |
| YoY Change | -80.0% | |
| Cash From Investing Activities | $7.140M | -$274.2M |
| YoY Change | -85.55% | 9340.63% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.250M | 44.33M |
| YoY Change | -96.63% | 602.36% |
| NET CHANGE | ||
| Cash From Operating Activities | -136.3M | -122.8M |
| Cash From Investing Activities | 7.140M | -274.2M |
| Cash From Financing Activities | 1.250M | 44.33M |
| Net Change In Cash | -127.9M | -352.6M |
| YoY Change | 3784.03% | 256.57% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$136.3M | -$122.8M |
| Capital Expenditures | $2.860M | $4.883M |
| Free Cash Flow | -$139.2M | -$127.7M |
| YoY Change | 55.96% | 28.45% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
| us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
| us-gaap |
Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
|
http://fasb.org/us-gaap/2023#AccountingStandardsUpdate202006Member | ||
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.78 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.78 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.60 | ||
| CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
2000 | usd |
| CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14259000 | usd |
| CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44241000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-244809000 | usd |
| CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2334000 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
7283000 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
38014000 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
5000 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
72390000 | usd |
| us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
4000 | usd | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
27082000 | usd | |
| CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44241000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
87951000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-404573000 | usd | |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2007000 | usd | |
| us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8422000 | usd | |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
38014000 | usd | |
| us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
6000 | usd | |
| us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
81640000 | usd | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
34802000 | usd | |
| CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-155745000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-404573000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-190266000 | usd | |
| us-gaap |
Depreciation
Depreciation
|
2559000 | usd | |
| us-gaap |
Depreciation
Depreciation
|
2244000 | usd | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2526000 | usd | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2526000 | usd | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
34802000 | usd | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
27082000 | usd | |
| us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
3728000 | usd | |
| us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1643000 | usd | |
| us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
11201000 | usd | |
| us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd | |
| us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
3846000 | usd | |
| us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
0 | usd | |
| us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
1356000 | usd | |
| us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
1365000 | usd | |
| insm |
Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
|
7299000 | usd | |
| insm |
Noncash Operating Lease Expense
NoncashOperatingLeaseExpense
|
9765000 | usd | |
| us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
4000000 | usd | |
| us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-24240000 | usd | |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-349000 | usd | |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
0 | usd | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6784000 | usd | |
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
7458000 | usd | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
224000 | usd | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3558000 | usd | |
| us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5158000 | usd | |
| us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-16533000 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-269095000 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-207462000 | usd | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8281000 | usd | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4605000 | usd | |
| us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
292690000 | usd | |
| us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
99706000 | usd | |
| insm |
Proceeds From Cash Acquired In Asset Acquisition
ProceedsFromCashAcquiredInAssetAcquisition
|
-3417000 | usd | |
| insm |
Proceeds From Cash Acquired In Asset Acquisition
ProceedsFromCashAcquiredInAssetAcquisition
|
0 | usd | |
| us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
65000000 | usd | |
| us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-232554000 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-104311000 | usd | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8422000 | usd | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
13264000 | usd | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
38014000 | usd | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
| us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
1291000 | usd | |
| us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
494000 | usd | |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1218000 | usd | |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
43927000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12770000 | usd | |
| us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3432000 | usd | |
| us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1701000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-461154000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-300704000 | usd | |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1074036000 | usd |
| CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
716782000 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
612882000 | usd |
| CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
416078000 | usd |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
19491000 | usd | |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
5004000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1362000 | usd | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1194000 | usd | |
| CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
612900000 | usd |
| CY2023Q2 | us-gaap |
Marketable Securities
MarketableSecurities
|
304900000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-404600000 | usd | |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">- The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The Company bases its estimates and judgments on historical experience and on various other assumptions. The amounts of assets and liabilities reported in the Company's balance sheets and the amounts of revenues and expenses reported for each period presented are affected by estimates and assumptions, which are used for, but not limited to, the accounting for revenue allowances, stock-based compensation, income taxes, loss contingencies, acquisition related intangibles including in process research and development (IPR&D) and goodwill, fair value of contingent consideration, and accounting for research and development costs. Actual results could differ from those estimates.</span> | ||
| us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-bottom:6pt;margin-top:6pt;text-indent:36pt"><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><div style="margin-bottom:6pt;margin-top:6pt;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 uncollectible trade receivables. The following table presents the percentage of gross product revenue represented by the Company's three largest customers as of the six months ended June 30, 2023 and their respective percentages for the six months ended June 30, 2022.</span></div><div style="margin-bottom:8pt;margin-top:8pt;padding-left:36pt;padding-right:36pt;text-align:center;text-indent:36pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:55.116%"><tr><td style="width:1.0%"></td><td style="width:33.913%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.934%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.717%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.936%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="background-color:#ffffff;padding:0 1pt"></td><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%">June 30,</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">2023</span></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"></td><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%">2022</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">36%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></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%">36%</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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="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:400;line-height:100%">35%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" 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:400;line-height:100%">32%</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></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%">17%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></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%">19%</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;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> | ||
| us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | reportingunit | |
| us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | reportingunit | |
| CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
| CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-244809000 | usd |
| CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-95645000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-404573000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-190266000 | usd | |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
137553000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119602000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
136957000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119267000 | shares | |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137553000 | shares |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119602000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
136957000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119267000 | shares | |
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.78 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.78 | |
| CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.80 | |
| CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.80 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.95 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.95 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.60 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.60 | ||
| CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
304900000 | usd |
| us-gaap |
Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
300000 | usd | |
| CY2023Q2 | insm |
Business Combination Deferred Liability
BusinessCombinationDeferredLiability
|
7800000 | usd |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
77229000 | usd |
| CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
65221000 | usd |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
142443000 | usd | |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
118328000 | usd | |
| CY2023Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
26900000 | usd |
| CY2022Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
27245000 | usd |
| CY2023Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
30331000 | usd |
| CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
22460000 | usd |
| CY2023Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
20118000 | usd |
| CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
20217000 | usd |
| CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
77349000 | usd |
| CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
69922000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P12Y | |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
5100000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
5100000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
5100000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
5100000 | usd |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
5100000 | usd |
| CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
68756000 | usd |
| us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
0 | usd | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2526000 | usd | |
| CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
66230000 | usd |
| CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
73809000 | usd |
| us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
0 | usd | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2526000 | usd | |
| CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
71283000 | usd |
| CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
136100000 | usd |
| CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
136100000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
103995000 | usd |
| CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
95936000 | usd |
| CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
41882000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
39445000 | usd |
| CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
62113000 | usd |
| CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
56491000 | usd |
| CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
55699000 | usd |
| CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
50461000 | usd |
| CY2023Q2 | insm |
Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
|
33599000 | usd |
| CY2022Q4 | insm |
Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
|
36456000 | usd |
| CY2023Q2 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
19053000 | usd |
| CY2022Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
14403000 | usd |
| CY2023Q2 | insm |
Accrued Technical Operation Expenses
AccruedTechnicalOperationExpenses
|
7099000 | usd |
| CY2022Q4 | insm |
Accrued Technical Operation Expenses
AccruedTechnicalOperationExpenses
|
3345000 | usd |
| CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
25151000 | usd |
| CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
32040000 | usd |
| CY2023Q2 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
6231000 | usd |
| CY2022Q4 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
4710000 | usd |
| CY2023Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
2176000 | usd |
| CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
6340000 | usd |
| CY2023Q2 | insm |
Royalty Revenue Payable
RoyaltyRevenuePayable
|
3089000 | usd |
| CY2022Q4 | insm |
Royalty Revenue Payable
RoyaltyRevenuePayable
|
2149000 | usd |
| CY2023Q2 | insm |
Accrued Sales Allowancesand Related Costs
AccruedSalesAllowancesandRelatedCosts
|
11077000 | usd |
| CY2022Q4 | insm |
Accrued Sales Allowancesand Related Costs
AccruedSalesAllowancesandRelatedCosts
|
6974000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
12895000 | usd |
| CY2022Q4 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
12943000 | usd |
| CY2023Q2 | insm |
Business Combination Deferred Payments Current
BusinessCombinationDeferredPaymentsCurrent
|
19200000 | usd |
| CY2022Q4 | insm |
Business Combination Deferred Payments Current
BusinessCombinationDeferredPaymentsCurrent
|
10700000 | usd |
| CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2384000 | usd |
| CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1596000 | usd |
| CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
197653000 | usd |
| CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
182117000 | usd |
| CY2023Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
4100000 | usd |
| CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1500000 | usd |
| us-gaap |
Variable Lease Cost
VariableLeaseCost
|
4200000 | usd | |
| us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1600000 | usd | |
| CY2023Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | usd |
| CY2022Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | usd |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | usd | |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
9287000 | usd | |
| CY2023Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
130000 | usd |
| CY2022Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
166000 | usd |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1881000 | usd | |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
507000 | usd | |
| insm |
Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
|
44500000 | usd | |
| CY2022 | insm |
Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
|
40700000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1139805000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1125250000 | usd |
| us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
11200000 | usd | |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
225000000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
182683000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
182683000 | usd |
| CY2023Q2 | insm |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
575000000 | usd |
| CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1165366000 | usd |
| CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2004000 | usd |
| CY2022Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
821000 | usd |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3728000 | usd | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1643000 | usd | |
| CY2023Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
354000 | usd |
| CY2022Q2 | us-gaap |
Interest Income Other
InterestIncomeOther
|
0 | usd |
| us-gaap |
Interest Income Other
InterestIncomeOther
|
427000 | usd | |
| us-gaap |
Interest Income Other
InterestIncomeOther
|
0 | usd | |
| CY2023Q2 | insm |
Interest Expense Excluding Finance Lease Interest Expense
InterestExpenseExcludingFinanceLeaseInterestExpense
|
20007000 | usd |
| CY2022Q2 | insm |
Interest Expense Excluding Finance Lease Interest Expense
InterestExpenseExcludingFinanceLeaseInterestExpense
|
2883000 | usd |
| insm |
Interest Expense Excluding Finance Lease Interest Expense
InterestExpenseExcludingFinanceLeaseInterestExpense
|
39396000 | usd | |
| insm |
Interest Expense Excluding Finance Lease Interest Expense
InterestExpenseExcludingFinanceLeaseInterestExpense
|
5768000 | usd | |
| CY2023Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
612000 | usd |
| CY2022Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
474000 | usd |
| us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1226000 | usd | |
| us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
880000 | usd | |
| CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
20619000 | usd |
| CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
3357000 | usd |
| us-gaap |
Interest Expense
InterestExpense
|
40622000 | usd | |
| us-gaap |
Interest Expense
InterestExpense
|
6648000 | usd | |
| CY2023Q2 | us-gaap |
Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
|
152020000 | usd |
| CY2022Q4 | us-gaap |
Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
|
148015000 | usd |
| CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
142750463 | shares |
| CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
142750463 | shares |
| CY2022Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
20.00 | |
| CY2022Q4 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
16200000 | usd |
| CY2021Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
25.00 | |
| CY2021Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
17500000 | usd |
| CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
200000000 | shares |
| CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| insm |
Share Based Compensation Arrangement By Share Based Payment Award Inducement Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardInducementOptionsGrantsInPeriodGross
|
1299040 | shares | |
| CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
500000 | usd |
| CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
500000 | usd |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1000000 | usd | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
900000 | usd | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd | |
| CY2023Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
2100000 | usd |
| CY2022Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1900000 | usd |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4300000 | usd | |
| us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
3900000 | usd | |
| CY2023Q2 | us-gaap |
Share Price
SharePrice
|
21.10 | |
| CY2023Q1 | us-gaap |
Share Price
SharePrice
|
18.50 | |
| CY2021Q2 | insm |
Business Acquisition Consecutive Trading Day Period
BusinessAcquisitionConsecutiveTradingDayPeriod
|
45 | days |
| ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
| ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
| ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
| ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |
