2022 Q3 Form 10-Q Financial Statement

#000090670922000014 Filed on August 05, 2022

View on sec.gov

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%

Facts In Submission

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CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q1 us-gaap Stockholders Equity
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ComprehensiveIncomeNetOfTax
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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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
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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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
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
-248486000 usd
nktr Non Cash Royalty Revenue Related To Sale Of Future Royalties
NonCashRoyaltyRevenueRelatedToSaleOfFutureRoyalties
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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
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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

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