2024 Q1 Form 10-K Financial Statement

#000162828024007592 Filed on February 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $3.000K $13.00K $130.0K
YoY Change -95.38% -99.97% -99.85%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $13.49M $13.17M $66.98M
YoY Change -30.01% -50.03% -42.9%
% of Gross Profit
Research & Development $43.17M $49.78M $182.9M
YoY Change -3.26% 9.78% 14.92%
% of Gross Profit
Depreciation & Amortization $5.024M $5.057M $20.25M
YoY Change -0.06% 0.32% 12.38%
% of Gross Profit
Operating Expenses $55.58M $59.52M $247.1M
YoY Change -11.25% -5.78% -9.05%
Operating Profit -$55.58M -$247.0M
YoY Change -11.16% 32.05%
Interest Expense $6.819M $7.084M $23.45M
YoY Change 51.63% 105.15% 232.53%
% of Operating Profit
Other Income/Expense, Net -$5.092M -$506.0K $12.38M
YoY Change 15.65% -117.25% 214.11%
Pretax Income -$60.67M -$52.93M -$234.6M
YoY Change -9.4% 530.34% 28.13%
Income Tax
% Of Pretax Income
Net Earnings -$60.67M -$52.93M -$234.6M
YoY Change -9.4% 530.34% 28.13%
Net Earnings / Revenue -2022233.33% -407153.85% -180486.15%
Basic Earnings Per Share -$0.24 -$0.93
Diluted Earnings Per Share -$0.24 -$0.21 -$0.93
COMMON SHARES
Basic Shares Outstanding 254.1M shares 251.9M shares 251.0M shares
Diluted Shares Outstanding 254.3M shares 251.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $526.3M $546.2M $546.2M
YoY Change -14.11% -14.67% -14.67%
Cash & Equivalents $125.7M $145.6M $145.6M
Short-Term Investments $400.7M $400.6M $400.6M
Other Short-Term Assets $7.865M $8.463M $8.463M
YoY Change -32.37% -24.05% -24.05%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $534.2M $554.7M $554.7M
YoY Change -14.45% -14.83% -14.83%
LONG-TERM ASSETS
Property, Plant & Equipment $97.84M $102.7M $142.3M
YoY Change -17.51% -16.56% -14.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.00M $48.51M $48.51M
YoY Change -78.93% -57.84% -57.84%
Other Assets $4.238M $4.235M $4.519M
YoY Change -7.91% -9.51% -8.89%
Total Long-Term Assets $160.1M $195.3M $195.3M
YoY Change -37.49% -31.76% -31.76%
TOTAL ASSETS
Total Short-Term Assets $534.2M $554.7M $554.7M
Total Long-Term Assets $160.1M $195.3M $195.3M
Total Assets $694.2M $750.0M $750.0M
YoY Change -21.15% -20.0% -20.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.895M $4.817M $4.817M
YoY Change -14.62% 22.98% 22.98%
Accrued Expenses $24.91M $28.13M $26.63M
YoY Change 11.14% -2.19% 0.87%
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 $32.35M $34.52M $34.52M
YoY Change 5.05% -6.78% -6.78%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.551M $3.664M $60.56M
YoY Change -11.25% -10.92% -9.99%
Total Long-Term Liabilities $3.551M $3.664M $60.56M
YoY Change -11.25% -10.92% -9.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.35M $34.52M $34.52M
Total Long-Term Liabilities $3.551M $3.664M $60.56M
Total Liabilities $91.06M $95.08M $95.08M
YoY Change -5.76% -8.85% -8.85%
SHAREHOLDERS EQUITY
Retained Earnings -$1.063B -$1.002B
YoY Change 27.36% 30.57%
Common Stock $25.00K $25.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $603.2M $655.0M $655.0M
YoY Change
Total Liabilities & Shareholders Equity $694.2M $750.0M $750.0M
YoY Change -21.15% -20.0% -20.0%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$60.67M -$52.93M -$234.6M
YoY Change -9.4% 530.34% 28.13%
Depreciation, Depletion And Amortization $5.024M $5.057M $20.25M
YoY Change -0.06% 0.32% 12.38%
Cash From Operating Activities -$42.02M -$40.63M -$163.7M
YoY Change -9.08% 0.91% -3.46%
INVESTING ACTIVITIES
Capital Expenditures $30.00K $25.00K $2.686M
YoY Change -98.04% -99.45% -88.94%
Acquisitions
YoY Change
Other Investing Activities $22.02M -$100.7M $186.7M
YoY Change -34.62% -296.5% 1366.19%
Cash From Investing Activities $21.99M -$100.7M $184.0M
YoY Change -31.6% -315.85% -1694.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $27.00K 759.0K $1.743M
YoY Change -139.13% -12.05% -83.61%
NET CHANGE
Cash From Operating Activities -$42.02M -40.63M -$163.7M
Cash From Investing Activities $21.99M -100.7M $184.0M
Cash From Financing Activities $27.00K 759.0K $1.743M
Net Change In Cash -$20.00M -140.6M $22.10M
YoY Change 41.54% -2040.45% -112.96%
FREE CASH FLOW
Cash From Operating Activities -$42.02M -$40.63M -$163.7M
Capital Expenditures $30.00K $25.00K $2.686M
Free Cash Flow -$42.05M -$40.66M -$166.4M
YoY Change -11.94% -9.34% -14.16%

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CY2021 us-gaap Net Income Loss
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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DepreciationDepletionAndAmortization
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18020000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13624000 usd
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12923000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
5000000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
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AccretionAmortizationOfDiscountsAndPremiumsInvestments
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CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
930000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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FairValueAdjustmentOfSuccessPaymentLiabilities
-2780000 usd
CY2022 lyel Fair Value Adjustment Of Success Payment Liabilities
FairValueAdjustmentOfSuccessPaymentLiabilities
-5130000 usd
CY2021 lyel Fair Value Adjustment Of Success Payment Liabilities
FairValueAdjustmentOfSuccessPaymentLiabilities
3713000 usd
CY2023 lyel Non Cash Lease Income Expense
NonCashLeaseIncomeExpense
1873000 usd
CY2022 lyel Non Cash Lease Income Expense
NonCashLeaseIncomeExpense
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NonCashLeaseIncomeExpense
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GainLossOnDispositionOfAssets
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CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
1067000 usd
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
256000 usd
CY2023 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
0 usd
CY2022 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
2923000 usd
CY2021 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
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CY2023 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
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CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 usd
CY2021 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
308000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1968000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6987000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
667000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
91000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4542000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-84653000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
4855000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
13202000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-449000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-453000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
3675000 usd
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NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2686000 usd
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PaymentsToAcquirePropertyPlantAndEquipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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476880000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
406316000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
673465000 usd
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ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
663614000 usd
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ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
419052000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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184048000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Proceeds From Stock Options Exercised
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306000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 usd
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
391802000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10635000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-170460000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
153422000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
123834000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
145647000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
123554000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
293828000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
284000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
280000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
466000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145931000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
123834000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
294294000 usd
CY2023 lyel Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
10845000 usd
CY2022 lyel Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
10870000 usd
CY2021 lyel Cash Paid For Amounts Included In Measurement Of Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities
8546000 usd
CY2023 lyel Cash Received For Amounts Related To Tenant Improvement Allowances
CashReceivedForAmountsRelatedToTenantImprovementAllowances
0 usd
CY2022 lyel Cash Received For Amounts Related To Tenant Improvement Allowances
CashReceivedForAmountsRelatedToTenantImprovementAllowances
4761000 usd
CY2021 lyel Cash Received For Amounts Related To Tenant Improvement Allowances
CashReceivedForAmountsRelatedToTenantImprovementAllowances
13295000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
29000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1325000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4605000 usd
CY2023 lyel Remeasurement Of Operating Lease Right Of Use Asset For Lease Modification
RemeasurementOfOperatingLeaseRightOfUseAssetForLeaseModification
0 usd
CY2022 lyel Remeasurement Of Operating Lease Right Of Use Asset For Lease Modification
RemeasurementOfOperatingLeaseRightOfUseAssetForLeaseModification
31000 usd
CY2021 lyel Remeasurement Of Operating Lease Right Of Use Asset For Lease Modification
RemeasurementOfOperatingLeaseRightOfUseAssetForLeaseModification
3873000 usd
CY2023 lyel Consideration Received Equity Securities Without Readily Determinable Fair Value
ConsiderationReceivedEquitySecuritiesWithoutReadilyDeterminableFairValue
0 usd
CY2022 lyel Consideration Received Equity Securities Without Readily Determinable Fair Value
ConsiderationReceivedEquitySecuritiesWithoutReadilyDeterminableFairValue
2923000 usd
CY2021 lyel Consideration Received Equity Securities Without Readily Determinable Fair Value
ConsiderationReceivedEquitySecuritiesWithoutReadilyDeterminableFairValue
0 usd
CY2023 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2021 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
1010968000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt;text-indent:21.6pt"><span style="background-color:#ffffff;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:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make judgments, estimates and assumptions that affect reported amounts and related disclosures. Specific accounts that require management estimates include, but are not limited to, stock-based compensation, valuation of success payments, valuation of other investments, revenue recognition and accrued expenses. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.</span></div>In June 2022, the Company recorded adjustments to revenue related to a change in estimate in connection with the Collaboration and License Agreement, entered into in 2019 and amended in June 2020 and December 2021 (“GSK Agreement”) with GlaxoSmithKline Intellectual Property (No. 5) Limited and Glaxo Group Limited (together, “GSK”). The Company and GSK mutually agreed to conclude research activities on an undisclosed target for hematological cancers in June 2022. As a result, the Company decreased the related estimated project costs, which resulted in an increase in the measure of proportional cumulative performance.
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt;text-indent:21.6pt"><span style="background-color:#ffffff;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>The Company maintains its cash, cash equivalents and restricted cash with high quality, accredited financial institutions. Restricted cash is cash held in a bank account and is used as collateral associated with the Company’s corporate credit card program. Cash, cash equivalents and restricted cash amounts, at times, may exceed federally insured limits. The Company also makes short-term investments in money market funds, U.S. Treasury securities, U.S. government agency securities and corporate debt securities, which can be subject to certain credit risk. However, the Company mitigates the risks by investing in high-grade instruments, limiting exposure to any one issuer or type of investment and monitoring the ongoing creditworthiness of the financial institutions and issuers. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to significant risk on these funds.
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q4 lyel Cash Equivalents At Carry Value And Debt Securities Available For Sale Amortized Cost
CashEquivalentsAtCarryValueAndDebtSecuritiesAvailableForSaleAmortizedCost
544881000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
240000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
334000 usd
CY2023Q4 lyel Cash Equivalents Fair Value Disclosure And Debt Securities Available For Sale
CashEquivalentsFairValueDisclosureAndDebtSecuritiesAvailableForSale
544787000 usd
CY2023Q4 lyel Cash Equivalents Fair Value Disclosure
CashEquivalentsFairValueDisclosure
127705000 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
400576000 usd
CY2023Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
16506000 usd
CY2023Q4 lyel Cash Equivalents Fair Value Disclosure And Debt Securities Available For Sale
CashEquivalentsFairValueDisclosureAndDebtSecuritiesAvailableForSale
544787000 usd
CY2022Q4 lyel Cash Equivalents At Carry Value And Debt Securities Available For Sale Amortized Cost
CashEquivalentsAtCarryValueAndDebtSecuritiesAvailableForSaleAmortizedCost
702094000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7603000 usd
CY2022Q4 lyel Cash Equivalents Fair Value Disclosure And Debt Securities Available For Sale
CashEquivalentsFairValueDisclosureAndDebtSecuritiesAvailableForSale
694495000 usd
CY2022Q4 lyel Cash Equivalents Fair Value Disclosure
CashEquivalentsFairValueDisclosure
107780000 usd
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
516598000 usd
CY2022Q4 us-gaap Marketable Securities Noncurrent
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70117000 usd
CY2022Q4 lyel Cash Equivalents Fair Value Disclosure And Debt Securities Available For Sale
CashEquivalentsFairValueDisclosureAndDebtSecuritiesAvailableForSale
694495000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
117800000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
287800000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
43600000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
278700000 usd
CY2023Q4 us-gaap Other Investments
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32000000 usd
CY2022Q4 us-gaap Other Investments
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44900000 usd
CY2023Q4 lyel Variable Interest Entity Number Of Investments That Company Is Not The Primary Beneficiary
VariableInterestEntityNumberOfInvestmentsThatCompanyIsNotThePrimaryBeneficiary
1 entity
CY2022Q4 lyel Variable Interest Entity Number Of Investments That Company Is Not The Primary Beneficiary
VariableInterestEntityNumberOfInvestmentsThatCompanyIsNotThePrimaryBeneficiary
2 entity
CY2023Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
13000000 usd
CY2022Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
15900000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
544787000 usd
CY2023Q4 lyel Success Payment Liabilities Fair Value Disclosure
SuccessPaymentLiabilitiesFairValueDisclosure
1576000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
1576000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
694495000 usd
CY2022Q4 lyel Success Payment Liabilities Fair Value Disclosure
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4356000 usd
CY2022Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
4356000 usd
CY2023 us-gaap Depreciation
Depreciation
20200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
155407000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
51647000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
32384000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102654000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
123023000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
154301000 usd
CY2022 us-gaap Depreciation
Depreciation
18000000 usd
CY2021 us-gaap Depreciation
Depreciation
13500000 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current
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14634000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
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15447000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
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6273000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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4534000 usd
CY2023Q4 lyel Accrued Research And Development Expenses Current
AccruedResearchAndDevelopmentExpensesCurrent
5331000 usd
CY2022Q4 lyel Accrued Research And Development Expenses Current
AccruedResearchAndDevelopmentExpensesCurrent
4760000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
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1493000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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2352000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
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395000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
930000 usd
CY2023Q4 lyel Accrued Property And Equipment Current
AccruedPropertyAndEquipmentCurrent
0 usd
CY2022Q4 lyel Accrued Property And Equipment Current
AccruedPropertyAndEquipmentCurrent
732000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
28126000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
28755000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11347000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11859000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12209000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12569000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
12940000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
22585000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
83509000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20342000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
63167000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6273000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
56894000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
63167000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
9000000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
9300000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
9400000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
5400000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
5100000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
4100000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.085
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.085
CY2021Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
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