2022 Q3 Form 10-Q Financial Statement
#000090670922000014 Filed on August 05, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $23.63M | $21.59M | $24.82M |
YoY Change | -5.2% | -23.81% | 4.97% |
Cost Of Revenue | $4.972M | $5.115M | $5.315M |
YoY Change | -6.38% | -33.29% | -7.66% |
Gross Profit | $18.65M | $16.47M | $19.51M |
YoY Change | -4.88% | -20.29% | 9.03% |
Gross Profit Margin | 78.95% | 76.3% | 78.59% |
Selling, General & Admin | $22.53M | $21.44M | $27.34M |
YoY Change | -23.53% | -27.45% | -13.76% |
% of Gross Profit | 120.81% | 130.19% | 140.15% |
Research & Development | $33.59M | $42.74M | $107.3M |
YoY Change | -67.62% | -57.81% | 12.18% |
% of Gross Profit | 180.08% | 259.5% | 549.82% |
Depreciation & Amortization | $2.677M | $3.441M | $3.730M |
YoY Change | -26.05% | -4.15% | 6.57% |
% of Gross Profit | 14.35% | 20.89% | 19.12% |
Operating Expenses | $33.59M | $42.74M | $107.3M |
YoY Change | -67.62% | -57.81% | 12.18% |
Operating Profit | -$54.30M | -$152.8M | -$116.6M |
YoY Change | -52.2% | 38.68% | 6.55% |
Interest Expense | -$4.903M | -$6.132M | $26.29M |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$4.903M | -$6.132M | $26.29M |
YoY Change | -69.35% | -59.0% | -295.01% |
Pretax Income | -$59.20M | -$159.0M | -$90.27M |
YoY Change | -54.32% | 27.01% | -26.54% |
Income Tax | -$155.0K | $100.0K | $126.0K |
% Of Pretax Income | |||
Net Earnings | -$59.05M | -$159.1M | -$90.39M |
YoY Change | -54.47% | 26.73% | -26.49% |
Net Earnings / Revenue | -249.94% | -736.94% | -364.16% |
Basic Earnings Per Share | -$0.31 | -$0.85 | -$0.49 |
Diluted Earnings Per Share | -$0.31 | -$0.85 | -$0.49 |
COMMON SHARES | |||
Basic Shares Outstanding | 187.4M shares | 186.8M shares | 185.8M shares |
Diluted Shares Outstanding | 187.6M shares | 186.8M shares | 185.8M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $546.4M | $619.3M | $667.0M |
YoY Change | -40.68% | -38.07% | -35.7% |
Cash & Equivalents | $105.8M | $77.55M | $67.99M |
Short-Term Investments | $440.6M | $541.8M | $599.0M |
Other Short-Term Assets | $22.51M | $19.25M | $20.83M |
YoY Change | 8.57% | 52.79% | 32.08% |
Inventory | $19.06M | $16.97M | $15.38M |
Prepaid Expenses | |||
Receivables | $11.53M | $10.01M | $30.22M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $599.5M | $665.5M | $733.5M |
YoY Change | -39.21% | -36.98% | -33.26% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $36.80M | $39.79M | $60.98M |
YoY Change | -37.44% | -32.09% | 4.22% |
Goodwill | $76.50M | $76.50M | $76.50M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $8.928M | $37.36M |
YoY Change | -100.0% | -84.45% | -61.12% |
Other Assets | $2.323M | $2.234M | $1.521M |
YoY Change | 25.98% | 549.42% | 5.99% |
Total Long-Term Assets | $181.5M | $196.5M | $290.7M |
YoY Change | -37.64% | -37.67% | -18.7% |
TOTAL ASSETS | |||
Total Short-Term Assets | $599.5M | $665.5M | $733.5M |
Total Long-Term Assets | $181.5M | $196.5M | $290.7M |
Total Assets | $781.0M | $862.0M | $1.024B |
YoY Change | -38.85% | -37.14% | -29.69% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.329M | $12.35M | $12.62M |
YoY Change | -77.48% | -37.33% | -43.76% |
Accrued Expenses | $78.66M | $92.64M | $92.66M |
YoY Change | -32.37% | -16.78% | -8.43% |
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 | $83.99M | $105.0M | $105.3M |
YoY Change | -39.99% | -19.87% | -14.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $3.054M | $2.080M | $2.704M |
YoY Change | -21.06% | -48.21% | -34.53% |
Total Long-Term Liabilities | $3.054M | $2.080M | $2.704M |
YoY Change | -21.06% | -48.21% | -34.53% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $83.99M | $105.0M | $105.3M |
Total Long-Term Liabilities | $3.054M | $2.080M | $2.704M |
Total Liabilities | $368.8M | $403.3M | $416.2M |
YoY Change | -22.48% | -13.53% | -9.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.142B | -$3.082B | -$2.923B |
YoY Change | 16.9% | 20.52% | 20.2% |
Common Stock | $3.562B | $3.549B | $3.538B |
YoY Change | 1.99% | 2.41% | 3.15% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $412.2M | $458.7M | $607.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $781.0M | $862.0M | $1.024B |
YoY Change | -38.85% | -37.14% | -29.69% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$59.05M | -$159.1M | -$90.39M |
YoY Change | -54.47% | 26.73% | -26.49% |
Depreciation, Depletion And Amortization | $2.677M | $3.441M | $3.730M |
YoY Change | -26.05% | -4.15% | 6.57% |
Cash From Operating Activities | -$82.89M | -$74.99M | -$88.42M |
YoY Change | -18.04% | -9.52% | 14.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$181.0K | -$780.0K | $4.203M |
YoY Change | -93.84% | -76.05% | 46.14% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $111.6M | $84.93M | $134.5M |
YoY Change | 5198.01% | 11.36% | 911.14% |
Cash From Investing Activities | $111.4M | $84.15M | $130.3M |
YoY Change | -13521.08% | 15.41% | 1145.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 467.0K | $938.0K |
YoY Change | -100.0% | -96.15% | -94.75% |
NET CHANGE | |||
Cash From Operating Activities | -82.89M | -74.99M | -$88.42M |
Cash From Investing Activities | 111.4M | 84.15M | $130.3M |
Cash From Financing Activities | 0.000 | 467.0K | $938.0K |
Net Change In Cash | 28.51M | 9.622M | $42.78M |
YoY Change | -129.0% | 348.16% | -187.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$82.89M | -$74.99M | -$88.42M |
Capital Expenditures | -$181.0K | -$780.0K | $4.203M |
Free Cash Flow | -$82.71M | -$74.21M | -$92.63M |
YoY Change | -15.78% | -6.8% | 15.84% |
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|
-269396000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-219597000 | usd | |
CY2022Q2 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
0 | usd |
CY2021Q2 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-2713000 | usd |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
33427000 | usd | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-4312000 | usd | |
CY2022Q2 | nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
7228000 | usd |
CY2021Q2 | nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
13089000 | usd |
nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
14757000 | usd | |
nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
26385000 | usd | |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1096000 | usd |
CY2021Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
845000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1491000 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2257000 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6132000 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14957000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
20161000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-28440000 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-158968000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-125162000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-249235000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-248037000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
100000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
357000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
226000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
449000 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-159068000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125519000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-249461000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-248486000 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.85 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.85 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.69 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.69 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.34 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.34 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.37 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.37 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
186800000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186800000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
182698000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
182698000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
186323000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
186323000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
182038000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
182038000 | shares | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-159068000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125519000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-249461000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-248486000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-988000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-64000 | usd |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-3079000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-830000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-671000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-215000 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-955000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-275000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1659000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-279000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4034000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1105000 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-160727000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-125798000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-253495000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-249591000 | usd | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1077295000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
17106000 | usd |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
23898000 | usd |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-123793000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
994506000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
12553000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
23714000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-125798000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
904975000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
679508000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
188000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
20961000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
607889000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-92768000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
467000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11103000 | usd |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-160727000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
458732000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-249461000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-248486000 | usd | |
nktr |
Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
|
33825000 | usd | |
nktr |
Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
|
39254000 | usd | |
nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
14757000 | usd | |
nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
26385000 | usd | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
33427000 | usd | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-4312000 | usd | |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
4951000 | usd | |
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
5795000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
47612000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32064000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7171000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7090000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
57321000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-700000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-4090000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-12486000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-10018000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1168000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-676000 | usd | |
nktr |
Increase Decrease In Operating Lease Right Of Use Assets Net Of Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsNetOfOperatingLeaseLiabilities
|
-1486000 | usd | |
nktr |
Increase Decrease In Operating Lease Right Of Use Assets Net Of Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseRightOfUseAssetsNetOfOperatingLeaseLiabilities
|
-2260000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-7627000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-11585000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2833000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2101000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
14588000 | usd | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
14133000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-1520000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-4101000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-163417000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-159986000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
247014000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
527887000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
466423000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
612419000 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
5035000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4983000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6157000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
214426000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
83410000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
655000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
28523000 | usd | |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
750000 | usd | |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
1500000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1405000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30023000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-87000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-57000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
52327000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-46610000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25218000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
198955000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77545000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
152345000 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1057000 | usd | |
CY2022Q2 | nktr |
Cash Restricted Cash Cash Equivalents And Available For Sale Investments
CashRestrictedCashCashEquivalentsAndAvailableForSaleInvestments
|
628200000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-indent:31.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Accounting estimates and assumptions are inherently uncertain. </span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Actual results could differ materially from those estimates and assumptions. As appropriate, we assess estimates each period, update them to reflect current information, and generally reflect any changes in estimates in the period first identified.</span></div> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Significant ConcentrationsOur customers are primarily pharmaceutical companies that are located in the U.S. and Europe and with whom we have multi-year arrangements. Our accounts receivable balance contains billed and unbilled trade receivables from product sales, milestones (to the extent that they have been achieved and are due from the counterparty), and other contingent payments, as well as reimbursable costs from collaborative research and development agreements.We are dependent on our suppliers and contract manufacturers to provide raw materials and drugs of appropriate quality and reliability and to meet applicable contract and regulatory requirements. In certain cases, we rely on single sources of supply of one or more critical materials. Consequently, in the event that supplies are delayed or interrupted for any reason, including as a result of the COVID-19 pandemic, our ability to develop and produce our drug candidates, our ability to supply comparator drugs for our clinical trials, or our ability to meet our supply obligations could be significantly impaired, which could have a material adverse effect on our business, financial condition and results of operations.For our available-for-sale securities, we have significant concentrations of issuers in the banking and financial services industries. While our investment policy requires that we only invest in highly-rated securities and limit our exposure to any single issuer, the COVID-19 pandemic or other factors may materially affect the financial condition of issuers. Additionally, pursuant to our investment policy, we may sell securities before maturity if the issuer’s credit rating has been downgraded below our minimum credit rating requirements, which may result in a loss on the sale. Accordingly, if the COVID-19 pandemic or other factors result in downgrades below our minimum credit rating requirements and if we decide to sell these securities, we may experience losses on such sales. | ||
CY2021Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2022Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
77545000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25218000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
541771000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
708737000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
8928000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
64828000 | usd |
CY2022Q2 | nktr |
Cash Restricted Cash Cash Equivalents And Available For Sale Investments
CashRestrictedCashCashEquivalentsAndAvailableForSaleInvestments
|
628244000 | usd |
CY2021Q4 | nktr |
Cash Restricted Cash Cash Equivalents And Available For Sale Investments
CashRestrictedCashCashEquivalentsAndAvailableForSaleInvestments
|
798783000 | usd |
nktr |
Debt Investment Maximum Maturity Period
DebtInvestmentMaximumMaturityPeriod
|
P2Y | ||
nktr |
Debt Investment Maturity Term
DebtInvestmentMaturityTerm
|
P1Y | ||
CY2022Q2 | us-gaap |
Cash
Cash
|
18726000 | usd |
CY2021Q4 | us-gaap |
Cash
Cash
|
1250000 | usd |
CY2022Q2 | nktr |
Cash Restricted Cash Cash Equivalents And Available For Sale Investments
CashRestrictedCashCashEquivalentsAndAvailableForSaleInvestments
|
628244000 | usd |
CY2021Q4 | nktr |
Cash Restricted Cash Cash Equivalents And Available For Sale Investments
CashRestrictedCashCashEquivalentsAndAvailableForSaleInvestments
|
798783000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
700000 | usd |
CY2022Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2099000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
3166000 | usd |
CY2022Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
13837000 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
9342000 | usd |
CY2022Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1033000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
3293000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
16969000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
15801000 | usd |
CY2022Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
0 | usd |
nktr |
Royalty Monetization Proceeds
RoyaltyMonetizationProceeds
|
274000000 | usd | |
nktr |
Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
|
-367277000 | usd | |
nktr |
Non Cash Interest Expense Related To Sale Of Royalties
NonCashInterestExpenseRelatedToSaleOfRoyalties
|
259030000 | usd | |
nktr |
Partial Repayment Of Royalty Sale Proceeds
PartialRepaymentOfRoyaltySaleProceeds
|
10000000 | usd | |
nktr |
Gain Loss On Revaluation Of Liabilities Related To The Sale Of Future Royalties Gross
GainLossOnRevaluationOfLiabilitiesRelatedToTheSaleOfFutureRoyaltiesGross
|
23522000 | usd | |
CY2022Q2 | nktr |
Liability Related To Sale Of Potential Future Royalties Non Current
LiabilityRelatedToSaleOfPotentialFutureRoyaltiesNonCurrent
|
179275000 | usd |
CY2022Q2 | nktr |
Liabilities On Sale Of Future Royalties Unamortized Transaction Costs
LiabilitiesOnSaleOfFutureRoyaltiesUnamortizedTransactionCosts
|
2500000 | usd |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
5120000 | usd | |
CY2022Q2 | nktr |
Liability Related To Sale Of Potential Future Royalties Non Current Net Of Issuance Costs
LiabilityRelatedToSaleOfPotentialFutureRoyaltiesNonCurrentNetOfIssuanceCosts
|
176775000 | usd |
CY2022Q1 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
1500000 | usd |
CY2022Q2 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
20408000 | usd |
us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
20408000 | usd | |
CY2022Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
27750000 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
27750000 | usd | |
CY2022Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
57321000 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
57321000 | usd | |
CY2022Q2 | us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
566000 | usd |
us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
2041000 | usd | |
CY2022Q2 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
106045000 | usd |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
107520000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
47612000 | usd | |
us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
52201000 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
57321000 | usd | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
39792000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
60510000 | usd |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11103000 | usd |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23714000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32064000 | usd | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
85000 | shares |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
157000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
107000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
278000 | shares | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.47 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
9.78 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.33 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
10.23 | ||
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1131000 | shares |
CY2021Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1483000 | shares |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1937000 | shares | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
3682000 | shares | |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
20543000 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18352000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
21435000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18870000 | shares |