2022 Q3 Form 10-Q Financial Statement
#000171127922000047 Filed on August 08, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $19.94M | $17.86M | $15.91M |
YoY Change | 108.26% | 82.29% | 95.19% |
% of Gross Profit | |||
Research & Development | $11.52M | $10.89M | $9.314M |
YoY Change | 89.41% | 65.15% | 50.2% |
% of Gross Profit | |||
Depreciation & Amortization | $669.0K | $494.0K | $462.0K |
YoY Change | 41.14% | 4.0% | 5.48% |
% of Gross Profit | |||
Operating Expenses | $31.45M | $28.75M | $50.22M |
YoY Change | 100.94% | 75.4% | 249.91% |
Operating Profit | -$31.45M | -$28.75M | -$50.22M |
YoY Change | 100.94% | 75.4% | 249.91% |
Interest Expense | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$29.85M | -$28.11M | -$49.97M |
YoY Change | 91.48% | 71.78% | 216.03% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$29.85M | -$28.11M | -$49.97M |
YoY Change | 91.48% | 71.78% | 215.99% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$1.17 | -$1.10 | -$1.99 |
Diluted Earnings Per Share | -$1.17 | -$1.10 | -$1.99 |
COMMON SHARES | |||
Basic Shares Outstanding | 25.66M shares | 25.55M shares | 25.11M shares |
Diluted Shares Outstanding | 25.62M shares | 25.55M shares | 25.11M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $394.4M | $425.6M | $434.6M |
YoY Change | 14.96% | 15.73% | 7.74% |
Cash & Equivalents | $186.4M | $218.7M | $269.3M |
Short-Term Investments | $208.0M | $206.8M | $165.3M |
Other Short-Term Assets | $3.158M | $3.205M | $3.366M |
YoY Change | 16.15% | 45.88% | 40.25% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $397.6M | $428.8M | $438.0M |
YoY Change | 14.97% | 15.91% | 7.93% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $157.8M | $151.2M | $136.9M |
YoY Change | 100.64% | 236.24% | 304.12% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $12.56M | $12.90M | $33.34M |
YoY Change | -34.72% | -39.74% | |
Other Assets | $205.0K | $159.0K | $157.0K |
YoY Change | 230.65% | 44.55% | 44.04% |
Total Long-Term Assets | $178.8M | $172.6M | $178.9M |
YoY Change | 69.83% | 134.36% | 380.95% |
TOTAL ASSETS | |||
Total Short-Term Assets | $397.6M | $428.8M | $438.0M |
Total Long-Term Assets | $178.8M | $172.6M | $178.9M |
Total Assets | $576.4M | $601.3M | $616.9M |
YoY Change | 27.77% | 35.57% | 39.24% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.761M | $9.229M | $8.209M |
YoY Change | 21.11% | 629.57% | 345.17% |
Accrued Expenses | $21.68M | $24.88M | $51.94M |
YoY Change | -30.01% | 50.76% | 631.51% |
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 | $28.03M | $34.43M | $60.44M |
YoY Change | -21.65% | 90.0% | 560.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $7.575M | $7.716M | $7.883M |
YoY Change | 7.01% | 11.87% | 146.34% |
Total Long-Term Liabilities | $7.575M | $7.716M | $7.883M |
YoY Change | 7.01% | 11.87% | 146.34% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $28.03M | $34.43M | $60.44M |
Total Long-Term Liabilities | $7.575M | $7.716M | $7.883M |
Total Liabilities | $35.61M | $42.14M | $68.32M |
YoY Change | -16.92% | 68.46% | 452.48% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$248.7M | -$218.9M | -$190.7M |
YoY Change | 108.99% | 111.7% | 119.2% |
Common Stock | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $540.8M | $559.2M | $548.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $576.4M | $601.3M | $616.9M |
YoY Change | 27.77% | 35.57% | 39.24% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$29.85M | -$28.11M | -$49.97M |
YoY Change | 91.48% | 71.78% | 215.99% |
Depreciation, Depletion And Amortization | $669.0K | $494.0K | $462.0K |
YoY Change | 41.14% | 4.0% | 5.48% |
Cash From Operating Activities | -$19.69M | -$43.06M | -$15.49M |
YoY Change | 171.37% | 324.94% | 60.48% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$14.06M | -$16.52M | $17.19M |
YoY Change | -33.04% | 313.7% | 595.15% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$687.0K | -$21.71M | -$38.72M |
YoY Change | -95.75% | -62.78% | -2337.98% |
Cash From Investing Activities | -$14.74M | -$38.22M | -$55.91M |
YoY Change | -60.33% | -38.66% | 7384.34% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $107.0K | ||
YoY Change | -99.93% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.120M | 30.70M | -$542.0K |
YoY Change | 40.58% | -15843.59% | -100.38% |
NET CHANGE | |||
Cash From Operating Activities | -19.69M | -43.06M | -$15.49M |
Cash From Investing Activities | -14.74M | -38.22M | -$55.91M |
Cash From Financing Activities | 2.120M | 30.70M | -$542.0K |
Net Change In Cash | -32.31M | -50.58M | -$71.94M |
YoY Change | -24.71% | -30.37% | -153.73% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$19.69M | -$43.06M | -$15.49M |
Capital Expenditures | -$14.06M | -$16.52M | $17.19M |
Free Cash Flow | -$5.632M | -$26.54M | -$32.68M |
YoY Change | -141.0% | 332.24% | 169.51% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Entity Registrant Name
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|
Krystal Biotech, Inc. | ||
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001-38210 | ||
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Entity Incorporation State Country Code
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DE | ||
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Entity Tax Identification Number
EntityTaxIdentificationNumber
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82-1080209 | ||
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2100 Wharton Street | ||
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2022 | ||
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Q2 | ||
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0001711279 | ||
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--12-31 | ||
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10-Q | ||
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2022-06-30 | ||
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Suite 701 | ||
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Pittsburgh | ||
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PA | ||
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15203 | ||
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412 | ||
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586-5830 | ||
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Common Stock | ||
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NASDAQ | ||
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25545167 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25545167 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22204659 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22204659 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25331000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25331000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21731711 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21731711 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
593576000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
55000 | usd |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
649000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6571000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1034000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49965000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
548554000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
30748000 | usd |
CY2022Q2 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
7500 | shares |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8335000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-348000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28108000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
559181000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
292084000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
152033000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2350000 | usd |
CY2021Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-3000 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15812000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
430652000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
14000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4261000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-24000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16363000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
418540000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-78073000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32174000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1991000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1202000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14619000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6508000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
0 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1492000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-166000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-117000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-848000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1366000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-15000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | usd | |
krys |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
-286000 | usd | |
krys |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
-175000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
24000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-680000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
2476000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
2795000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-58552000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19783000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19783000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
33706000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6462000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
147255000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
59561000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
86829000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
2959000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-94132000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-63064000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
30807000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
152065000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
649000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
krys |
Payments For Suit Liability
PaymentsForSuitLiability
|
0 | usd | |
krys |
Payments For Suit Liability
PaymentsForSuitLiability
|
7960000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30158000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
144105000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-122526000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
61258000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
341246000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
268269000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
218720000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
329527000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
22234000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
10143000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1394000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
4060000 | usd | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-218900000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
425600000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:18pt"><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></div><div style="margin-top:6pt;text-indent:31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;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 reported amounts in the condensed consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process often may yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. This process may result in actual results differing materially from those estimated amounts used in the preparation of the financial statements. Estimates are used in the following areas including stock-based compensation expense, accrued expenses, the fair value of financial instruments, the incremental borrowing rate for lease liabilities, and the valuation allowance included in the deferred income tax calculation.</span></div> | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3686862 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1688965 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk and Off-Balance Sheet Risk</span></div><div style="margin-top:6pt;text-indent:31.5pt"><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 credit risk consist of cash, cash equivalents and investments. The Company’s policy is to invest its cash, cash equivalents and investments in money market funds, corporate bonds, commercial paper, government agency securities and various other bank deposit accounts. The counterparties to the agreements relating to the Company’s investments consist of financial institutions of high credit standing. The Company is exposed to credit risk in the event of default by the financial institutions to the extent amounts recorded on the condensed consolidated balance sheets are in excess of insured limits. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to any significant credit risk on these funds. The Company has no financial instruments with off-balance sheet risk of loss.</span></div> | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28108000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16363000 | usd |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.10 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-78073000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32174000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25545167 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25545167 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22204659 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22204659 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25331000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25331000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21731711 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21731711 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.10 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.74 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.74 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.08 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.08 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.48 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.48 | ||
CY2022Q2 | krys |
Cash Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
|
440002000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1536000 | usd |
CY2022Q2 | krys |
Cash Cash Equivalents And Debt Securities Available For Sale
CashCashEquivalentsAndDebtSecuritiesAvailableForSale
|
438467000 | usd |
CY2021Q4 | krys |
Cash Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
|
502636000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
11000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
180000 | usd |
CY2021Q4 | krys |
Cash Cash Equivalents And Debt Securities Available For Sale
CashCashEquivalentsAndDebtSecuritiesAvailableForSale
|
502467000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
156365000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
116569000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5151000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4214000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
151214000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
112355000 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
494000 | usd |
us-gaap |
Depreciation
Depreciation
|
956000 | usd | |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
475000 | usd |
us-gaap |
Depreciation
Depreciation
|
914000 | usd | |
CY2022Q2 | krys |
Accrued Construction In Progress Current
AccruedConstructionInProgressCurrent
|
14631000 | usd |
CY2021Q4 | krys |
Accrued Construction In Progress Current
AccruedConstructionInProgressCurrent
|
9606000 | usd |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
3812000 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
2011000 | usd |
CY2022Q2 | krys |
Accrued Payroll And Benefits
AccruedPayrollAndBenefits
|
2896000 | usd |
CY2021Q4 | krys |
Accrued Payroll And Benefits
AccruedPayrollAndBenefits
|
2882000 | usd |
CY2022Q2 | krys |
Accrued Preclinical And Clinical Expenses
AccruedPreclinicalAndClinicalExpenses
|
2094000 | usd |
CY2021Q4 | krys |
Accrued Preclinical And Clinical Expenses
AccruedPreclinicalAndClinicalExpenses
|
1602000 | usd |
CY2022Q2 | krys |
Accrued Financing Fees Current
AccruedFinancingFeesCurrent
|
29000 | usd |
CY2021Q4 | krys |
Accrued Financing Fees Current
AccruedFinancingFeesCurrent
|
26000 | usd |
CY2022Q2 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
22000 | usd |
CY2021Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
83000 | usd |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
297000 | usd |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
87000 | usd |
CY2022Q2 | krys |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
23781000 | usd |
CY2021Q4 | krys |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
16297000 | usd |
CY2020Q1 | krys |
Payment To Escrow For Reducing Lease Rentals
PaymentToEscrowForReducingLeaseRentals
|
2400000 | usd |
CY2020Q4 | krys |
Purchase Price Of Potential Building Purchase
PurchasePriceOfPotentialBuildingPurchase
|
9400000 | usd |
CY2020Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
10000000 | usd |
CY2020Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10000000 | usd |
CY2020Q4 | krys |
Payment To Escrow For Reducing Lease Rentals
PaymentToEscrowForReducingLeaseRentals
|
2400000 | usd |
CY2020Q4 | krys |
Purchase Price Of Potential Building Purchase
PurchasePriceOfPotentialBuildingPurchase
|
9400000 | usd |
CY2020Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
1500000 | usd |
krys |
Lessor Operating Lease Liability Annual Lease Payments
LessorOperatingLeaseLiabilityAnnualLeasePayments
|
82000 | usd | |
krys |
Cumulative Escalation Clause Percent
CumulativeEscalationClausePercent
|
0.10 | ||
krys |
Cumulative Escalation Clause Term
CumulativeEscalationClauseTerm
|
P5Y | ||
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
743000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1510000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1539000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1277000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1277000 | usd |
CY2022Q2 | krys |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
12063000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
18409000 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
9276000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9133000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
8279000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
7228000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1417000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1041000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
7716000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
6983000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9133000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
8024000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P12Y10M24D | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P14Y4M24D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.094 | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.095 | |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
391000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
800000 | usd | |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
278000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
497000 | usd | |
CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
71000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
120000 | usd | |
CY2021Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
81000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
118000 | usd | |
CY2021Q3 | krys |
Loss Contingency Guaranteed Maximum Price To Be Paid
LossContingencyGuaranteedMaximumPriceToBePaid
|
83000000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
768000 | usd |
us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
768000 | usd | |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
369000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
55.24 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
876 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
74.92 | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3620262 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
59.75 | |
CY2021Q4 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
227000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
198000 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | ||
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2043179 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
57.00 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
31331000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1769000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
62.19 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
39399 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
44.13 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
151642 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y1M6D | ||
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
28341000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
536979 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
47.48 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P7Y6M | ||
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
11184000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
704000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
739000 | usd | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
64000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
872000 | usd | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
146000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
287000 | usd | |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
66000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
103000 | usd |