2023 Q2 Form 10-Q Financial Statement

#000155837023009274 Filed on May 11, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $3.540M $3.334M
YoY Change -67.1% -40.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $12.39M $12.77M
YoY Change 17.78% 13.35%
% of Gross Profit
Research & Development $19.94M $22.32M
YoY Change -16.93% -3.36%
% of Gross Profit
Depreciation & Amortization $3.247M $3.092M
YoY Change 55.73% 45.99%
% of Gross Profit
Operating Expenses $32.33M $35.09M
YoY Change -6.35% 2.12%
Operating Profit -$28.79M -$31.76M
YoY Change 21.16% 10.53%
Interest Expense $3.355M $3.060M
YoY Change 3991.46% 3874.03%
% of Operating Profit
Other Income/Expense, Net -$1.000K $10.00K
YoY Change -100.48% -97.18%
Pretax Income -$29.58M -$30.36M
YoY Change -12.93% -2.19%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$29.58M -$30.36M
YoY Change -12.93% -2.19%
Net Earnings / Revenue -835.62% -910.74%
Basic Earnings Per Share -$0.53 -$0.62
Diluted Earnings Per Share -$0.53 -$0.62
COMMON SHARES
Basic Shares Outstanding 59.50M 48.67M
Diluted Shares Outstanding 55.35M 48.64M

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $92.77M $68.78M
YoY Change 28.66% -39.55%
Cash & Equivalents $92.77M $68.78M
Short-Term Investments
Other Short-Term Assets $1.547M $1.561M
YoY Change -53.54% -21.32%
Inventory
Prepaid Expenses $8.108M $6.981M
Receivables $32.69M $36.30M
Other Receivables $8.026M $7.857M
Total Short-Term Assets $143.1M $121.5M
YoY Change 37.1% -15.0%
LONG-TERM ASSETS
Property, Plant & Equipment $114.0M $112.6M
YoY Change 24.75% 33.91%
Goodwill
YoY Change
Intangibles $1.252M $1.295M
YoY Change -15.06% -22.36%
Long-Term Investments $6.326M $6.326M
YoY Change -4.96% -4.96%
Other Assets $1.465M $1.428M
YoY Change -2.66% -11.25%
Total Long-Term Assets $167.1M $166.7M
YoY Change 12.88% 15.12%
TOTAL ASSETS
Total Short-Term Assets $143.1M $121.5M
Total Long-Term Assets $167.1M $166.7M
Total Assets $310.3M $288.1M
YoY Change 22.9% 0.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.50M $29.76M
YoY Change 57.35% 60.86%
Accrued Expenses $24.89M $31.07M
YoY Change 5.59% 34.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.80M $81.10M
YoY Change 6.37% 23.82%
LONG-TERM LIABILITIES
Long-Term Debt $71.57M $71.30M
YoY Change
Other Long-Term Liabilities $43.17M $45.32M
YoY Change 0.86% -25.35%
Total Long-Term Liabilities $114.7M $116.6M
YoY Change 168.07% 92.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $71.80M $81.10M
Total Long-Term Liabilities $114.7M $116.6M
Total Liabilities $186.7M $197.9M
YoY Change 69.01% 56.57%
SHAREHOLDERS EQUITY
Retained Earnings -$530.1M -$500.6M
YoY Change 30.7% 34.71%
Common Stock $2.000K $2.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $123.5M $90.22M
YoY Change
Total Liabilities & Shareholders Equity $310.3M $288.1M
YoY Change 22.9% 0.16%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$29.58M -$30.36M
YoY Change -12.93% -2.19%
Depreciation, Depletion And Amortization $3.247M $3.092M
YoY Change 55.73% 45.99%
Cash From Operating Activities -$29.01M -$37.40M
YoY Change 4.33% 350.6%
INVESTING ACTIVITIES
Capital Expenditures $4.975M $8.605M
YoY Change -135.54% -30.94%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.975M -$8.605M
YoY Change -64.46% -30.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 57.95M -1.231M
YoY Change -52.32%
NET CHANGE
Cash From Operating Activities -29.01M -37.40M
Cash From Investing Activities -4.975M -8.605M
Cash From Financing Activities 57.95M -1.231M
Net Change In Cash 23.96M -47.24M
YoY Change -157.31% 102.36%
FREE CASH FLOW
Cash From Operating Activities -$29.01M -$37.40M
Capital Expenditures $4.975M $8.605M
Free Cash Flow -$33.99M -$46.01M
YoY Change 146.16% 121.6%

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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-23340000
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
496000
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-582000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115516000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
137703000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68784000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
113781000
CY2023Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
3162000
CY2022Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
8567000
CY2022Q1 mgtx Right Of Use Assets Obtained In Exchange For Lease Liabilities
RightOfUseAssetsObtainedInExchangeForLeaseLiabilities
1793000
CY2022Q1 mgtx Asset Retirement Obligations Incurred In Connection With Leases Non Cash
AssetRetirementObligationsIncurredInConnectionWithLeasesNonCash
10000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
1572000
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
36000
CY2023Q1 mgtx No.Of Programs In Clinical Development
No.OfProgramsInClinicalDevelopment
6
CY2023Q1 mgtx No.Of Distinct Areas Of Unmet Medical Need
No.OfDistinctAreasOfUnmetMedicalNeed
3
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-500600000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-37400000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68800000
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 24.45pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:0pt;margin:0pt 0pt 12pt 24.45pt;">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 condensed consolidated 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 if these results differ from historical experience, or other assumptions do not turn out to be substantially accurate, even if such assumptions are reasonable when made. In preparing these condensed consolidated financial statements, management used significant estimates in the following areas, among others: collaboration revenue, the accounting for research and development costs, share-based compensation, valuation of warrants, leases, asset retirement obligations and tax incentive receivable.</p>
CY2022Q4 mgtx Accrued Expenses Incurred In Connection With Fixed Assets
AccruedExpensesIncurredInConnectionWithFixedAssets
3093000
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
321000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
932000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
31067000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39818000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2179000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2081000
CY2022Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
10000
CY2023Q1 mgtx Amortization Of Interest On Asset Retirement Obligation
AmortizationOfInterestOnAssetRetirementObligation
44000
CY2022Q1 mgtx Amortization Of Interest On Asset Retirement Obligation
AmortizationOfInterestOnAssetRetirementObligation
42000
CY2023Q1 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
15000
CY2022Q1 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-19000
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2238000
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2114000
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11686179
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9339934
CY2023Q1 us-gaap Noncurrent Assets
NoncurrentAssets
166659000
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
163898000
CY2023Q1 mgtx Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
12241000
CY2022Q4 mgtx Accrued Clinical Trial Costs
AccruedClinicalTrialCosts
13041000
CY2023Q1 mgtx Accrued Research And Development
AccruedResearchAndDevelopment
6644000
CY2022Q4 mgtx Accrued Research And Development
AccruedResearchAndDevelopment
7400000
CY2023Q1 mgtx Accrued Liabilities Accrued Compensation And Benefits
AccruedLiabilitiesAccruedCompensationAndBenefits
4901000
CY2022Q4 mgtx Accrued Liabilities Accrued Compensation And Benefits
AccruedLiabilitiesAccruedCompensationAndBenefits
9600000
CY2023Q1 mgtx Accrued Liabilities Accrued Manufacturing Costs Expense
AccruedLiabilitiesAccruedManufacturingCostsExpense
2712000
CY2023Q1 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
6326000
CY2023Q1 us-gaap Equity Method Investment Aggregate Cost
EquityMethodInvestmentAggregateCost
6665000
CY2022Q4 mgtx Accrued Liabilities Accrued Manufacturing Costs Expense
AccruedLiabilitiesAccruedManufacturingCostsExpense
4326000
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1716000
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
732000
CY2023Q1 mgtx Accrued Consulting Expenses
AccruedConsultingExpenses
1365000
CY2022Q4 mgtx Accrued Consulting Expenses
AccruedConsultingExpenses
694000
CY2023Q1 mgtx Accrued Expenses Incurred In Connection With Fixed Assets
AccruedExpensesIncurredInConnectionWithFixedAssets
1167000
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6858409
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.03
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M9D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1423340
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.59
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
48369
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
16.94
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8233380
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.09
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y1M13D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4982138
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
12.86
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y10M20D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
882
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
882
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6200000
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6200000
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6800000
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6800000
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6800000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.77
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.39
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.39
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6432000
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7578000
CY2022Q1 mgtx Excess Tax Benefit From Share Based Compensation Operating Activities1
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities1
0
CY2023Q1 mgtx Excess Tax Benefit From Share Based Compensation Operating Activities1
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities1
0
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1400000
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1300000
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
281000
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
294000
CY2023Q1 mgtx Finance Lease Cost
FinanceLeaseCost
281000
CY2022Q1 mgtx Finance Lease Cost
FinanceLeaseCost
294000
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1361000
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1315000
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
38000
CY2023Q1 us-gaap Lease Cost
LeaseCost
1681000
CY2022Q1 us-gaap Lease Cost
LeaseCost
1647000
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19427000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20109000
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
20471000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
21215000
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
24851000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
24718000
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P175Y7M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P175Y9M18D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.088
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.088
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.080
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.080
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1384000
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1370000
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1793000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4093000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5284000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5239000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4976000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1775000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2924000
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24291000
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3820000
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
20471000
CY2023Q1 mgtx Number Of New Material Commitments
NumberOfNewMaterialCommitments
0

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mgtx-20230331_def.xml Edgar Link unprocessable
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