2024 Q3 Form 10-Q Financial Statement
#000112534524000148 Filed on August 06, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $110.7M | $10.80M |
YoY Change | 964.81% | -17.81% |
Cost Of Revenue | $168.0K | $176.0K |
YoY Change | 97.65% | -31.78% |
Gross Profit | $110.5M | $10.62M |
YoY Change | 971.96% | -17.53% |
Gross Profit Margin | 99.85% | 98.37% |
Selling, General & Admin | $14.10M | $14.42M |
YoY Change | 13.74% | 5.34% |
% of Gross Profit | 12.76% | 135.8% |
Research & Development | $40.54M | $51.73M |
YoY Change | 34.56% | 19.67% |
% of Gross Profit | 36.68% | 487.07% |
Depreciation & Amortization | $1.835M | $1.811M |
YoY Change | -5.9% | -35.6% |
% of Gross Profit | 1.66% | 17.05% |
Operating Expenses | $40.54M | $51.73M |
YoY Change | 34.56% | 19.67% |
Operating Profit | $54.19M | -$58.18M |
YoY Change | -252.64% | 29.4% |
Interest Expense | $0.00 | $6.000K |
YoY Change | -99.22% | |
% of Operating Profit | 0.0% | |
Other Income/Expense, Net | $2.118M | $2.523M |
YoY Change | -31.68% | 10.9% |
Pretax Income | $56.31M | -$55.66M |
YoY Change | 219.94% | -196.86% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $56.31M | -$55.66M |
YoY Change | 220.78% | -196.86% |
Net Earnings / Revenue | 50.86% | -515.55% |
Basic Earnings Per Share | $0.90 | -$0.89 |
Diluted Earnings Per Share | $0.90 | -$0.89 |
COMMON SHARES | ||
Basic Shares Outstanding | 62.72M shares | 62.63M shares |
Diluted Shares Outstanding | 62.87M shares | 62.66M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $200.4M | $140.4M |
YoY Change | -21.86% | -41.6% |
Cash & Equivalents | $179.6M | $83.93M |
Short-Term Investments | $20.74M | $56.44M |
Other Short-Term Assets | $9.839M | $9.273M |
YoY Change | 15.75% | 43.21% |
Inventory | $3.244M | $1.115M |
Prepaid Expenses | ||
Receivables | $8.750M | $6.191M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $222.2M | $157.0M |
YoY Change | -23.73% | -38.37% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $19.10M | $20.38M |
YoY Change | -15.61% | -15.39% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.185M | $1.186M |
YoY Change | -14.56% | -14.43% |
Total Long-Term Assets | $42.30M | $44.19M |
YoY Change | -13.07% | -13.32% |
TOTAL ASSETS | ||
Total Short-Term Assets | $222.2M | $157.0M |
Total Long-Term Assets | $42.30M | $44.19M |
Total Assets | $264.5M | $201.1M |
YoY Change | -22.2% | -34.19% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $6.613M | $5.236M |
YoY Change | 100.21% | 37.97% |
Accrued Expenses | $24.64M | $24.45M |
YoY Change | -3.27% | -11.2% |
Deferred Revenue | $23.31M | $23.82M |
YoY Change | 25.42% | 146.28% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $59.31M | $57.91M |
YoY Change | 15.63% | 28.24% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $258.0K | $258.0K |
YoY Change | 0.0% | 0.0% |
Total Long-Term Liabilities | $258.0K | $258.0K |
YoY Change | 0.0% | 0.0% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $59.31M | $57.91M |
Total Long-Term Liabilities | $258.0K | $258.0K |
Total Liabilities | $144.4M | $143.3M |
YoY Change | -1.07% | 6.87% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.154B | -$1.211B |
YoY Change | 9.24% | 12.69% |
Common Stock | $1.274B | $1.268B |
YoY Change | 1.89% | 1.81% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $120.1M | $57.82M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $264.5M | $201.1M |
YoY Change | -22.2% | -34.19% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $56.31M | -$55.66M |
YoY Change | 220.78% | -196.86% |
Depreciation, Depletion And Amortization | $1.835M | $1.811M |
YoY Change | -5.9% | -35.6% |
Cash From Operating Activities | $60.16M | -$44.49M |
YoY Change | -270.67% | 2029.49% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $592.0K | $1.035M |
YoY Change | 20.82% | 261.89% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $36.19M | $48.47M |
YoY Change | -209.6% | -142.82% |
Cash From Investing Activities | $35.60M | $47.44M |
YoY Change | -206.17% | -141.8% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -68.00K | 625.0K |
YoY Change | -100.14% | 959.32% |
NET CHANGE | ||
Cash From Operating Activities | 60.16M | -44.49M |
Cash From Investing Activities | 35.60M | 47.44M |
Cash From Financing Activities | -68.00K | 625.0K |
Net Change In Cash | 95.69M | 3.577M |
YoY Change | -607.12% | -103.1% |
FREE CASH FLOW | ||
Cash From Operating Activities | $60.16M | -$44.49M |
Capital Expenditures | $592.0K | $1.035M |
Free Cash Flow | $59.57M | -$45.52M |
YoY Change | -266.68% | 1816.63% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
446000 | usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
371000 | usd | |
CY2024Q2 | mgnx |
Cost Of Manufacturing Services
CostOfManufacturingServices
|
2647000 | usd |
CY2023Q2 | mgnx |
Cost Of Manufacturing Services
CostOfManufacturingServices
|
919000 | usd |
mgnx |
Cost Of Manufacturing Services
CostOfManufacturingServices
|
4493000 | usd | |
mgnx |
Cost Of Manufacturing Services
CostOfManufacturingServices
|
4329000 | usd | |
CY2024Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
51732000 | usd |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
121020000 | usd | |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-58181000 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-44962000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-111931000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-83388000 | usd | |
CY2024Q2 | mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
0 | usd |
CY2023Q2 | mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
100930000 | usd |
mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
0 | usd | |
mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
100930000 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
2523000 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
2275000 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
5216000 | usd | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
3348000 | usd | |
CY2024Q2 | us-gaap |
Interest Expense
InterestExpense
|
6000 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
774000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
1139000 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.73 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
62663677 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61880096 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
62477108 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62663677 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62261646 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62477108 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62030710 | shares | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
152613000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5512000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
142013000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-107854000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2254000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12204000 | usd | |
mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
0 | usd | |
mgnx |
Non Cash Interest Expense Recognized
NonCashInterestExpenseRecognized
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-4176000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-106000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-673000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
-1104000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-513000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-1259000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14922000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
148040000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
63250000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
645000 | usd | |
us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
54000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-85381000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
616000 | usd | |
mgnx |
Proceedsfrom Stock Options Exercised And Espp Purchases
ProceedsfromStockOptionsExercisedAndESPPPurchases
|
227000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
165000 | usd | |
mgnx |
Principal Payments On Royalty Monetization Arrangement
PrincipalPaymentsOnRoyaltyMonetizationArrangement
|
156000 | usd | |
mgnx |
Net Proceeds From Sale Of Future Royalties
NetProceedsFromSaleOfFutureRoyalties
|
99655000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
100177000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-126000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
108884000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83932000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
108758000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
177000 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
10797000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
13136000 | usd |
us-gaap |
Revenues
Revenues
|
19901000 | usd | |
us-gaap |
Revenues
Revenues
|
37632000 | usd | |
CY2024Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
176000 | usd |
CY2023Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
258000 | usd |
CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
43229000 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
97760000 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
89101000 | usd | |
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14423000 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13692000 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
29133000 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
27219000 | usd | |
CY2024Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
68978000 | usd |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
131832000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
1430000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-55664000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57469000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-107854000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
19460000 | usd | |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
11000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-80000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-18000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-67000 | usd | |
CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-55653000 | usd |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
57389000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-107872000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
19393000 | usd | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.89 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.93 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.73 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.89 | |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4788000 | usd |
CY2023Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
13000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38009000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
109268000 | usd |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
7000 | usd | |
CY2023Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
58098000 | usd |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61845151 | shares | |
CY2024Q1 | mgnx |
Stock Issued During Period Value Stock Plan Activity
StockIssuedDuringPeriodValueStockPlanActivity
|
248000 | usd |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-29000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-52190000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
106154000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6693000 | usd |
CY2024Q2 | mgnx |
Stock Issued During Period Value Stock Plan Activity
StockIssuedDuringPeriodValueStockPlanActivity
|
625000 | usd |
CY2024Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
11000 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-55664000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
57819000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
617000 | usd |
CY2023Q1 | mgnx |
Stock Issued During Period Value Stock Plan Activity
StockIssuedDuringPeriodValueStockPlanActivity
|
-154000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4436000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
235000 | usd |
CY2023Q2 | mgnx |
Stock Issued During Period Value Stock Plan Activity
StockIssuedDuringPeriodValueStockPlanActivity
|
216000 | usd |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-80000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57469000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
171544000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
19460000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3652000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5795000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1404000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9224000 | usd | |
mgnx |
Gain On Royalty Monetization Arrangement
GainOnRoyaltyMonetizationArrangement
|
100930000 | usd | |
mgnx |
Non Cash Interest Expense Recognized
NonCashInterestExpenseRecognized
|
1430000 | usd | |
mgnx |
Operating Lease Noncash Expense
OperatingLeaseNoncashExpense
|
1228000 | usd | |
mgnx |
Operating Lease Noncash Expense
OperatingLeaseNoncashExpense
|
1834000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-21000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-339000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-49812000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-3686000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-200000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
-1243000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
450000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1293000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
86000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-1573000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-90128000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
58505000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
133150000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2494000 | usd | |
us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
80000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
72231000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
mgnx |
Proceedsfrom Stock Options Exercised And Espp Purchases
ProceedsfromStockOptionsExercisedAndESPPPurchases
|
3270000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2397000 | usd | |
mgnx |
Principal Payments On Royalty Monetization Arrangement
PrincipalPaymentsOnRoyaltyMonetizationArrangement
|
0 | usd | |
mgnx |
Net Proceeds From Sale Of Future Royalties
NetProceedsFromSaleOfFutureRoyalties
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
873000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-17024000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
100956000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
36000 | usd | |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
56463000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
23000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
56440000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
128855000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
16000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
22000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
128849000 | usd |
CY2024Q2 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
0 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
261000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1115000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
960000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
1115000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
1221000 | usd |
CY2024Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
3100000 | usd |
CY2017Q2 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Offering Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOfferingPeriod
|
P6M | |
CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6651000 | usd |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4391000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12204000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9224000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y21D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M17D | ||
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
12223637 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.11 | |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y8M12D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
1903482 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
16.45 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
330641 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
9.43 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
119105 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
11.80 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
171485 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
22.83 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
13505888 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.37 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y8M12D | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
160000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
8404002 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
18.11 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y4M24D | ||
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
111000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
12415387 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
15.78 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y6M | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
148000 | usd |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
30100000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y6M | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
12.99 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.78 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
2615000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
56000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3117000 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
36000 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
7344000 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
3533000 | usd | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |