2022 Q4 Form 10-Q Financial Statement

#000156459022036933 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $36.06M $32.83M $22.21M
YoY Change 188.13% 47.79% 44.68%
Cost Of Revenue $16.12M $5.021M $9.887M
YoY Change 41.02% -49.22% 175.33%
Gross Profit $19.94M $27.80M $12.32M
YoY Change 1744.13% 125.61% 4.79%
Gross Profit Margin 55.28% 84.7% 55.49%
Selling, General & Admin $22.10M $22.64M $17.22M
YoY Change -2.78% 31.46% 23.9%
% of Gross Profit 110.84% 81.42% 139.74%
Research & Development $7.156M $4.136M $3.655M
YoY Change 84.15% 13.16% 146.29%
% of Gross Profit 35.9% 14.88% 29.66%
Depreciation & Amortization $1.620M $952.0K $508.0K
YoY Change 32.79% 87.4% 11.65%
% of Gross Profit 8.13% 3.42% 4.12%
Operating Expenses $29.25M $17.46M $20.88M
YoY Change 9.91% -16.36% 35.71%
Operating Profit -$9.316M -$9.610M -$8.552M
YoY Change -63.51% 12.37% -6.33%
Interest Expense -$8.736M -$2.816M -$699.0K
YoY Change 245.3% 302.86% -88.9%
% of Operating Profit
Other Income/Expense, Net $105.0K -$4.822M $1.000K
YoY Change 10400.0% -482300.0%
Pretax Income -$17.95M -$14.43M -$4.426M
YoY Change -36.04% 226.07% -61.51%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$17.95M -$14.43M -$4.426M
YoY Change -36.04% 226.07% -60.68%
Net Earnings / Revenue -49.77% -43.97% -19.93%
Basic Earnings Per Share -$0.06 -$0.02
Diluted Earnings Per Share -$0.07 -$0.06 -$17.71K
COMMON SHARES
Basic Shares Outstanding 263.2M 259.3M 249.9M
Diluted Shares Outstanding 259.3M 249.9M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $170.8M $165.0M $139.1M
YoY Change -16.3% 18.69% 165.37%
Cash & Equivalents $69.77M $54.30M $51.74M
Short-Term Investments $101.1M $110.7M $87.31M
Other Short-Term Assets $25.48M $11.57M $3.227M
YoY Change 631.68% 258.51% -34.14%
Inventory $21.77M $18.27M $7.482M
Prepaid Expenses
Receivables $16.80M $23.49M $9.445M
Other Receivables $0.00 $0.00 $6.792M
Total Short-Term Assets $234.9M $218.4M $159.2M
YoY Change 6.9% 37.17% 140.13%
LONG-TERM ASSETS
Property, Plant & Equipment $45.13M $41.18M $30.85M
YoY Change 23.25% 33.5% 19.86%
Goodwill $2.400M $3.100M
YoY Change
Intangibles $1.153M $1.169M
YoY Change
Long-Term Investments $1.961M $12.73M $42.06M
YoY Change -96.54% -69.74%
Other Assets $9.718M $17.31M $6.094M
YoY Change 18.71% 184.05% 69.28%
Total Long-Term Assets $60.39M $75.46M $79.00M
YoY Change -40.46% -4.49% 168.71%
TOTAL ASSETS
Total Short-Term Assets $234.9M $218.4M $159.2M
Total Long-Term Assets $60.39M $75.46M $79.00M
Total Assets $295.3M $293.8M $238.2M
YoY Change -8.06% 23.35% 148.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.05M $9.871M $9.528M
YoY Change 58.88% 3.6% 64.28%
Accrued Expenses $35.55M $30.35M $20.83M
YoY Change 29.67% 45.71% 31.71%
Deferred Revenue $1.733M $1.786M $14.02M
YoY Change 109.55% -87.26%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $9.565M $9.525M $0.00
YoY Change 37.09% -100.0%
Total Short-Term Liabilities $67.30M $59.60M $50.03M
YoY Change 39.19% 19.12% -52.84%
LONG-TERM LIABILITIES
Long-Term Debt $368.0M $367.5M $280.7M
YoY Change -1.79% 30.91% 267.22%
Other Long-Term Liabilities $110.5M $104.4M $5.007M
YoY Change 2132.77% 1985.38% -94.97%
Total Long-Term Liabilities $478.5M $471.9M $5.007M
YoY Change 9567.15% 9325.14% -93.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $67.30M $59.60M $50.03M
Total Long-Term Liabilities $478.5M $471.9M $5.007M
Total Liabilities $545.8M $531.5M $55.04M
YoY Change 2.89% 865.69% -80.49%
SHAREHOLDERS EQUITY
Retained Earnings -$3.217B -$3.200B -$3.100B
YoY Change 3.79% 3.23% 3.33%
Common Stock $2.967B $2.963B
YoY Change 1.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$250.5M -$237.7M -$184.7M
YoY Change
Total Liabilities & Shareholders Equity $295.3M $293.8M $238.2M
YoY Change -8.06% 23.35% 148.91%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$17.95M -$14.43M -$4.426M
YoY Change -36.04% 226.07% -60.68%
Depreciation, Depletion And Amortization $1.620M $952.0K $508.0K
YoY Change 32.79% 87.4% 11.65%
Cash From Operating Activities -$2.376M -$28.07M -$15.18M
YoY Change -80.76% 84.89% 12.81%
INVESTING ACTIVITIES
Capital Expenditures $5.096M -$271.0K -$4.246M
YoY Change -198.19% -93.62%
Acquisitions
YoY Change
Other Investing Activities $20.11M $27.62M $9.238M
YoY Change -372.11% 198.97%
Cash From Investing Activities $15.01M $27.35M $4.992M
YoY Change -219.33% 447.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.825M 19.53M -590.0K
YoY Change -97.1% -3409.49% -122.35%
NET CHANGE
Cash From Operating Activities -2.376M -28.07M -15.18M
Cash From Investing Activities 15.01M 27.35M 4.992M
Cash From Financing Activities 2.825M 19.53M -590.0K
Net Change In Cash 15.46M 18.80M -10.78M
YoY Change -78.66% -274.37% -0.35%
FREE CASH FLOW
Cash From Operating Activities -$2.376M -$28.07M -$15.18M
Capital Expenditures $5.096M -$271.0K -$4.246M
Free Cash Flow -$7.472M -$27.80M -$10.94M
YoY Change 4.4% 154.18% -18.74%

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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
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mnkd Purchase Of Available For Sale Securities
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us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Interest Paid Net
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mnkd Reclassification Of Investments From Long Term To Current
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mnkd Payments On Debt And Interest Through Common Stock Issuance
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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mnkd Common Stock Issuance To Settle Employee Stock Purchase Plan Liability
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mnkd Common Stock Issuance To Settle Employee Stock Purchase Plan Liability
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us-gaap Number Of Operating Segments
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CY2021Q4 mnkd Retail Inventory Purchase
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CY2022Q3 us-gaap Accrued Liabilities Current
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CY2021Q4 us-gaap Accrued Liabilities Current
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us-gaap Use Of Estimates
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<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Financial Statement Estimates<span style="font-style:normal;"> — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates or assumptions. Management considers many factors in selecting appropriate financial accounting policies, and in developing the estimates and assumptions that are used in the preparation of the financial statements. Management must apply significant judgment in this process. In addition, the ongoing COVID-19 pandemic has increased the level of judgment used by management in developing these estimates and assumptions, particularly given that the ultimate impact of the COVID-19 pandemic is uncertain and subject to change. These effects could have a material impact on the estimates and assumptions used in the preparation of the condensed consolidated financial statements. The more significant estimates include revenue recognition, including gross-to-net adjustments, stand-alone selling price considerations for recognition of collaboration revenue, assessing long-lived assets for impairment, clinical trial expenses, inventory costing and recoverability, recognized loss on purchase commitment, milestone rights liability, stock-based compensation and the determination of the provision for income taxes and corresponding deferred tax assets and liabilities, and the valuation allowance recorded against net deferred tax assets. </span></p>
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Operating Expenses
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us-gaap Operating Expenses
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us-gaap Concentration Risk Credit Risk
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<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk<span style="font-style:normal;"> — Financial instruments that potentially subject the Company to concentration of credit risk consist of cash and cash equivalents and investments. Cash and cash equivalents are held in high credit quality institutions. Cash equivalents consist of interest-bearing money market funds and U.S. Treasury securities with original or remaining maturities of 90 days or less at the time of purchase. Investments generally consist of commercial paper, corporate notes or bonds and U.S. Treasury securities. The cash equivalents and investments are regularly monitored by management.</span></p>
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CY2021Q4 us-gaap Construction Payable Current
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us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
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200000
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CY2022Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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us-gaap Interest And Dividend Income Securities Held To Maturity
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mnkd Number Of Wholesale Distributors
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mnkd Percentage Of Sales From Major Customers
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CY2022Q3 mnkd Percentage Of Revenue From Major Customers Collaborations And Services
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1
mnkd Percentage Of Revenue From Major Customers Collaborations And Services
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CY2022Q3 us-gaap Inventory Raw Materials Net Of Reserves
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CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q4 us-gaap Inventory Net
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us-gaap Production Related Impairments Or Charges
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CY2021Q3 us-gaap Production Related Impairments Or Charges
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us-gaap Production Related Impairments Or Charges
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q3 us-gaap Property Plant And Equipment Net
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CY2021Q4 us-gaap Property Plant And Equipment Net
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CY2021Q3 us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Depreciation
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CY2022Q3 us-gaap Goodwill
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CY2022Q3 us-gaap Senior Notes
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CY2021Q4 us-gaap Senior Notes
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CY2022Q3 us-gaap Notes Payable Related Parties Noncurrent
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CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
18425000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
273018000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
281202000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6667000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20000000
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
22163000
CY2022Q3 mnkd Long Term Debt Maturities Repayments Of Principal After Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearThree
230000000
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
278830000
CY2022Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
269000
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5543000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
273018000
CY2019Q3 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2024-11-03
CY2021Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2025-12-31
CY2022Q3 mnkd Amortization Of Debt Discount
AmortizationOfDebtDiscount
108000
CY2021Q3 mnkd Amortization Of Debt Discount
AmortizationOfDebtDiscount
109000
mnkd Amortization Of Debt Discount
AmortizationOfDebtDiscount
321000
mnkd Amortization Of Debt Discount
AmortizationOfDebtDiscount
255000
CY2022Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
363000
CY2021Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
363000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1089000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
852000
CY2022Q3 mnkd Milestone Rights Liabilities Current And Noncurrent
MilestoneRightsLiabilitiesCurrentAndNoncurrent
4800000
CY2021Q4 mnkd Milestone Rights Liabilities Current And Noncurrent
MilestoneRightsLiabilitiesCurrentAndNoncurrent
5900000
CY2021Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
1100000
CY2021Q4 mnkd Milestone Liabilities Noncurrent
MilestoneLiabilitiesNoncurrent
4800000
CY2022Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
900000
CY2022Q3 mnkd Payment For Milestone Rights Liabilities
PaymentForMilestoneRightsLiabilities
5000000.0
CY2022Q3 mnkd Milestone Rights Liability Current
MilestoneRightsLiabilityCurrent
1100000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9500000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
94500000
CY2022Q3 mnkd Debt Instrument Measurement Input After Change
DebtInstrumentMeasurementInputAfterChange
10
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
263156165
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
263156165
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
251477562
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
251477562
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
700000
mnkd Market Price Stock Purchase Plan
MarketPriceStockPurchasePlan
252176
CY2021Q3 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
100000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
100000
CY2021Q3 mnkd Market Price Stock Purchase Plan
MarketPriceStockPurchasePlan
25000
mnkd Market Price Stock Purchase Plan
MarketPriceStockPurchasePlan
25000
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9500000
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
100500000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
93500000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7000000.0
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.090
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.090
CY2022Q3 mnkd Interest Expense On Financing Liability
InterestExpenseOnFinancingLiability
2466000
mnkd Interest Expense On Financing Liability
InterestExpenseOnFinancingLiability
7280000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-14432000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-4426000
us-gaap Net Income Loss
NetIncomeLoss
-69453000
us-gaap Net Income Loss
NetIncomeLoss
-52865000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
259300000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
249910000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
254974000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
248624000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
71916141
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
71333761
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
88415000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3889177000
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
904435000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
4882027000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3622000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3179000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10850000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9040000
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
104000000.0
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
94500000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due Remainder Of Fiscal Year
FinanceLeaseLiabilityDiscountedPaymentsDueRemainderOfFiscalYear
2410000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due Remainder Of Fiscal Year
FinanceLeaseLiabilityDiscountedPaymentsDueRemainderOfFiscalYear
6373000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due Next Twelve Months
FinanceLeaseLiabilityDiscountedPaymentsDueNextTwelveMonths
9774000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due Next Twelve Months
FinanceLeaseLiabilityDiscountedPaymentsDueNextTwelveMonths
9778000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due Year Two
FinanceLeaseLiabilityDiscountedPaymentsDueYearTwo
10018000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due Year Two
FinanceLeaseLiabilityDiscountedPaymentsDueYearTwo
10023000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due Year Three
FinanceLeaseLiabilityDiscountedPaymentsDueYearThree
10269000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due Year Three
FinanceLeaseLiabilityDiscountedPaymentsDueYearThree
10274000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due Year Four
FinanceLeaseLiabilityDiscountedPaymentsDueYearFour
10533000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due Year Four
FinanceLeaseLiabilityDiscountedPaymentsDueYearFour
10539000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due After Year Four
FinanceLeaseLiabilityDiscountedPaymentsDueAfterYearFour
199302000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due After Year Four
FinanceLeaseLiabilityDiscountedPaymentsDueAfterYearFour
199091000
CY2022Q3 mnkd Finance Lease Liability Discounted Payments Due
FinanceLeaseLiabilityDiscountedPaymentsDue
242306000
CY2021Q4 mnkd Finance Lease Liability Discounted Payments Due
FinanceLeaseLiabilityDiscountedPaymentsDue
246078000
CY2022Q3 mnkd Finance Lease Liability Discounted Excess Amount
FinanceLeaseLiabilityDiscountedExcessAmount
135361000
CY2021Q4 mnkd Finance Lease Liability Discounted Excess Amount
FinanceLeaseLiabilityDiscountedExcessAmount
142485000
CY2022Q3 mnkd Finance Lease Liability Discounted Debt Issuance Costs
FinanceLeaseLiabilityDiscountedDebtIssuanceCosts
2936000
CY2021Q4 mnkd Finance Lease Liability Discounted Debt Issuance Costs
FinanceLeaseLiabilityDiscountedDebtIssuanceCosts
3091000
CY2022Q3 mnkd Finance Lease Liability Discounted
FinanceLeaseLiabilityDiscounted
104009000
CY2021Q4 mnkd Finance Lease Liability Discounted
FinanceLeaseLiabilityDiscounted
100502000
mnkd Payment Of Long Term Purchase Commitment Amendment Fee
PaymentOfLongTermPurchaseCommitmentAmendmentFee
2000000.0
CY2022Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
1300000
CY2022Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
8800000
CY2022Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
14600000
CY2022Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
15500000
CY2022Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
19400000
CY2022Q3 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
9200000
mnkd Long Term Purchase Commitment Expiration Date
LongTermPurchaseCommitmentExpirationDate
2027-12-31
us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
The Company will receive a six-month concession at the start of the lease extension period on July 31, 2023. The Company has no further right to extend the lease term beyond the Extension Period.
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
408000
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
323000
us-gaap Operating Lease Cost
OperatingLeaseCost
1037000
us-gaap Operating Lease Cost
OperatingLeaseCost
1008000
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
76000
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
128000
us-gaap Variable Lease Cost
VariableLeaseCost
235000
us-gaap Variable Lease Cost
VariableLeaseCost
359000
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
441000
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
451000
us-gaap Operating Lease Payments
OperatingLeasePayments
1328000
us-gaap Operating Lease Payments
OperatingLeasePayments
1367000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7046000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2284000
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.073
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.073
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0

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