2023 Q2 Form 10-Q Financial Statement

#000094480923000021 Filed on May 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $265.4M $237.6M
YoY Change -14.36% -27.84%
Cost Of Revenue $138.9M $138.3M
YoY Change -28.52% -43.28%
Gross Profit $126.5M $99.26M
YoY Change 9.45% 16.31%
Gross Profit Margin 47.66% 41.78%
Selling, General & Admin $79.80M $75.64M
YoY Change -21.35% -35.64%
% of Gross Profit 63.08% 76.2%
Research & Development $18.20M $32.61M
YoY Change 5.48% 78.05%
% of Gross Profit 14.39% 32.85%
Depreciation & Amortization $21.50M $26.45M
YoY Change -23.2% -4.92%
% of Gross Profit 17.0% 26.64%
Operating Expenses $119.5M $268.2M
YoY Change -62.73% -33.23%
Operating Profit $7.000M -$30.59M
YoY Change -165.18% -57.76%
Interest Expense $3.277M -$3.420M
YoY Change -227.21% 22.84%
% of Operating Profit 46.81%
Other Income/Expense, Net -$23.50M $13.60M
YoY Change -68.9% -421.75%
Pretax Income -$16.50M -$17.00M
YoY Change -80.88% -77.83%
Income Tax $3.100M $1.233M
% Of Pretax Income
Net Earnings -$19.60M -$18.27M
YoY Change -80.72% -67.05%
Net Earnings / Revenue -7.39% -7.69%
Basic Earnings Per Share -$0.03 -$0.02
Diluted Earnings Per Share -$0.03 -$0.02
COMMON SHARES
Basic Shares Outstanding 772.7M shares 772.7M shares
Diluted Shares Outstanding 751.5M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.1M $110.8M
YoY Change -48.64% 8.36%
Cash & Equivalents $108.1M $110.8M
Short-Term Investments
Other Short-Term Assets $325.7M $6.081M
YoY Change 5022.68% 25.85%
Inventory $73.75M $75.41M
Prepaid Expenses
Receivables $211.0M $121.5M
Other Receivables $17.11M $81.92M
Total Short-Term Assets $433.8M $406.4M
YoY Change -12.32% -46.1%
LONG-TERM ASSETS
Property, Plant & Equipment $78.88M $117.7M
YoY Change -34.82% -5.6%
Goodwill $597.4M $597.4M
YoY Change 3.2% -15.91%
Intangibles $782.2M
YoY Change
Long-Term Investments $27.78M $41.23M
YoY Change -74.44% 335.29%
Other Assets $932.7M $8.340M
YoY Change 10382.13% -8.35%
Total Long-Term Assets $1.725B $1.763B
YoY Change -7.99% 13.55%
TOTAL ASSETS
Total Short-Term Assets $433.8M $406.4M
Total Long-Term Assets $1.725B $1.763B
Total Assets $2.159B $2.170B
YoY Change -8.89% -5.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $87.90M $80.50M
YoY Change 56.66% -14.58%
Accrued Expenses $98.60M $106.1M
YoY Change -23.12% -32.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $27.34M
YoY Change -100.0% 37.64%
Total Short-Term Liabilities $226.4M $222.4M
YoY Change 5.07% -28.06%
LONG-TERM LIABILITIES
Long-Term Debt $212.3M $228.0M
YoY Change -2.5% 5.39%
Other Long-Term Liabilities $51.90M $27.98M
YoY Change 219.64% 78.69%
Total Long-Term Liabilities $264.2M $395.4M
YoY Change -39.31% 3.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $226.4M $222.4M
Total Long-Term Liabilities $264.2M $395.4M
Total Liabilities $623.6M $617.9M
YoY Change -4.18% -10.71%
SHAREHOLDERS EQUITY
Retained Earnings -$1.861B -$1.841B
YoY Change 12.67% 18.79%
Common Stock $7.817M $7.813M
YoY Change 0.14% 13.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.535B $1.552B
YoY Change
Total Liabilities & Shareholders Equity $2.159B $2.170B
YoY Change -8.89% -5.95%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$19.60M -$18.27M
YoY Change -80.72% -67.05%
Depreciation, Depletion And Amortization $21.50M $26.45M
YoY Change -23.2% -4.92%
Cash From Operating Activities -$365.0K -$22.65M
YoY Change -96.82% 14.06%
INVESTING ACTIVITIES
Capital Expenditures $6.013M $3.037M
YoY Change -211.79% -157.84%
Acquisitions
YoY Change
Other Investing Activities $522.0K -$4.680M
YoY Change -99.54% -1444.83%
Cash From Investing Activities -$5.491M -$7.717M
YoY Change -105.06% 57.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.462M -$13.12M
YoY Change -71.79% 66.25%
NET CHANGE
Cash From Operating Activities -365.0K -$22.65M
Cash From Investing Activities -5.491M -$7.717M
Cash From Financing Activities 3.462M -$13.12M
Net Change In Cash -2.394M -$42.36M
YoY Change -102.19% 30.63%
FREE CASH FLOW
Cash From Operating Activities -$365.0K -$22.65M
Capital Expenditures $6.013M $3.037M
Free Cash Flow -$6.378M -$25.68M
YoY Change 4.59% 75.86%

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CY2023Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1845000 usd
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-61000 usd
CY2023Q1 opk Increase Decrease In Equity Securities Fvni And Derivative Instruments
IncreaseDecreaseInEquitySecuritiesFVNIAndDerivativeInstruments
7130000 usd
CY2022Q1 opk Increase Decrease In Equity Securities Fvni And Derivative Instruments
IncreaseDecreaseInEquitySecuritiesFVNIAndDerivativeInstruments
-1299000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
136000 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-106000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
102000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22356000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7364000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-44421000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1306000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9463000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
58902000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2612000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-772000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-511000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12759000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16143000 usd
CY2023Q1 opk Increase Decreasein Foreign Currency Measurement
IncreaseDecreaseinForeignCurrencyMeasurement
-2355000 usd
CY2022Q1 opk Increase Decreasein Foreign Currency Measurement
IncreaseDecreaseinForeignCurrencyMeasurement
2197000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2000 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-4000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9547000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-36177000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-22647000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19856000 usd
CY2023Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5000000 usd
CY2022Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
320000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
348000 usd
CY2023Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3037000 usd
CY2022Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5251000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7717000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4903000 usd
CY2023Q1 opk Proceeds From Stock Options Exercised Net Of Tax Withholdings
ProceedsFromStockOptionsExercisedNetOfTaxWithholdings
0 usd
CY2022Q1 opk Proceeds From Stock Options Exercised Net Of Tax Withholdings
ProceedsFromStockOptionsExercisedNetOfTaxWithholdings
136000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
165288000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1649166000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
175407000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1657193000 usd
CY2023Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
3000000 usd
CY2022Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13119000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7891000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1122000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-42361000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-32429000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
153191000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
134710000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110830000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102281000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3830000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
3420000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
477000 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1063000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
960000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q1 opk Numberof Sales Employees
NumberofSalesEmployees
180 employee
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
34200000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
39900000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. The preparation of financial statements in conformity with 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from these estimates.</span>
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
1400000 usd
CY2022Q1 us-gaap Inventory Write Down
InventoryWriteDown
1300000 usd
CY2022Q4 opk Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Goodwilland Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedGoodwillandIntangibleAssets
1600000000 usd
CY2023Q1 opk Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Goodwilland Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedGoodwillandIntangibleAssets
1600000000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
597400000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
595900000 usd
CY2023Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1000000000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1000000000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21500000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22000000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
5000000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
5800000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6000000 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of credit risk and allowance for credit losses</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Financial instruments that potentially subject us to concentrations of credit risk consist primarily of accounts receivable. Substantially all of our accounts receivable are with either companies in the healthcare industry or patients. However, credit risk is limited due to the number of our clients as well as their dispersion across many different geographic regions.</span>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2100000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4200000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
85200 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
87600 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2700000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
7600000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1000000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1100000 usd
CY2023Q1 opk Stock Issued During Period Shares Number Of Stock Options Exercised
StockIssuedDuringPeriodSharesNumberOfStockOptionsExercised
0 shares
CY2023Q1 opk Stock Issued During Period Shares Stock Options And Restricted Stock Units Exercised Net Of Shares Surrendered In Lieu Of Cash Payment
StockIssuedDuringPeriodSharesStockOptionsAndRestrictedStockUnitsExercisedNetOfSharesSurrenderedInLieuOfCashPayment
0 shares
CY2022Q1 opk Stock Issued During Period Shares Number Of Stock Options Exercised
StockIssuedDuringPeriodSharesNumberOfStockOptionsExercised
55750 shares
CY2022Q1 opk Stock Issued During Period Shares Stock Options And Restricted Stock Units Exercised Net Of Shares Surrendered In Lieu Of Cash Payment
StockIssuedDuringPeriodSharesStockOptionsAndRestrictedStockUnitsExercisedNetOfSharesSurrenderedInLieuOfCashPayment
55750 shares
CY2022Q1 opk Stock Issued During Period Shares Number Of Stock Options Exercised
StockIssuedDuringPeriodSharesNumberOfStockOptionsExercised
55750 shares
CY2022Q1 opk Shares Surrendered In Lieu Of Cash Payment
SharesSurrenderedInLieuOfCashPayment
0 shares
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
123553000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
131474000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2067000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4162000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
121486000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
127312000 usd
CY2023Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
30176000 usd
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
31275000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
39260000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
37139000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
2897000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2449000 usd
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
7671000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
6771000 usd
CY2023Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4593000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3574000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
75411000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
74060000 usd
CY2023Q1 opk Taxes Recoverable Current
TaxesRecoverableCurrent
7653000 usd
CY2022Q4 opk Taxes Recoverable Current
TaxesRecoverableCurrent
8191000 usd
CY2023Q1 us-gaap Supplies
Supplies
9058000 usd
CY2022Q4 us-gaap Supplies
Supplies
7918000 usd
CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
1628000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
4496000 usd
CY2023Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
74271000 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
13105000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
6081000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6252000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
98691000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
39962000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
422881000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
398959000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
803616000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
823520000 usd
CY2023Q1 opk Inventory Received Not Invoiced Current
InventoryReceivedNotInvoicedCurrent
7830000 usd
CY2022Q4 opk Inventory Received Not Invoiced Current
InventoryReceivedNotInvoicedCurrent
7830000 usd
CY2023Q1 opk Accrued Commitmentsand Contingencies Current
AccruedCommitmentsandContingenciesCurrent
4006000 usd
CY2022Q4 opk Accrued Commitmentsand Contingencies Current
AccruedCommitmentsandContingenciesCurrent
4295000 usd
CY2023Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
40323000 usd
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
33765000 usd
CY2023Q1 opk Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
5708000 usd
CY2022Q4 opk Accrued Clinical Trials Current
AccruedClinicalTrialsCurrent
4700000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
65000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
62000 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2968000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2809000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2041000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1820000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
43117000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
42988000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
106058000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
98269000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
1114000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
974000 usd
CY2023Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
8801000 usd
CY2022Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
9098000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7890000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7089000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
140000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
138000 usd
CY2023Q1 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
10035000 usd
CY2022Q4 us-gaap Other Liabilities And Deferred Revenue Noncurrent
OtherLiabilitiesAndDeferredRevenueNoncurrent
10072000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
27980000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
27371000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
633874000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
38023000 usd
CY2023Q1 opk Goodwill Acquired Disposed Of During Period
GoodwillAcquiredDisposedOfDuringPeriod
-173000 usd
CY2023Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1702000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
597380000 usd
CY2023Q1 opk Equity Method Investment Excluding Variable Interest Entity
EquityMethodInvestmentExcludingVariableInterestEntity
69000 usd
CY2023Q1 us-gaap Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
3340000 usd
CY2022Q4 opk Equity Method Investment Excluding Variable Interest Entity
EquityMethodInvestmentExcludingVariableInterestEntity
103000 usd
CY2022Q4 us-gaap Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
4120000 usd
CY2023Q1 opk Equity Method Investment Variable Interest Entity
EquityMethodInvestmentVariableInterestEntity
798000 usd
CY2023Q1 opk Equity Method Investment Variable Interest Entity Underlying Equity In Net Assets
EquityMethodInvestmentVariableInterestEntityUnderlyingEquityInNetAssets
1368000 usd
CY2022Q4 opk Equity Method Investment Variable Interest Entity
EquityMethodInvestmentVariableInterestEntity
800000 usd
CY2022Q4 opk Equity Method Investment Variable Interest Entity Underlying Equity In Net Assets
EquityMethodInvestmentVariableInterestEntityUnderlyingEquityInNetAssets
1370000 usd
CY2023Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
34414000 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
21120000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
543000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
648000 usd
CY2023Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5381000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5381000 usd
CY2023Q1 opk Stock Optionand Warrant Investments
StockOptionandWarrantInvestments
26000 usd
CY2022Q4 opk Stock Optionand Warrant Investments
StockOptionandWarrantInvestments
28000 usd
CY2023Q1 us-gaap Long Term Investments
LongTermInvestments
41231000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
28080000 usd
CY2023Q1 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
1500000 usd
CY2022Q4 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
1300000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-105000 usd
CY2022Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-1162000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-105000 usd
CY2022Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1162000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
244643000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
256251000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
244643000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
256251000 usd
CY2023Q1 opk Debt Instruments Numberof Financial Institutions
DebtInstrumentsNumberofFinancialInstitutions
13 institution
CY2022Q4 opk Debt Instruments Numberof Financial Institutions
DebtInstrumentsNumberofFinancialInstitutions
13 institution
CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
104888000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
22260000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
31820000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
52074000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
543000 usd
CY2023Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
34414000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
87057000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1179000 usd
CY2023Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2063000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
102773000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
648000 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
21120000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
124569000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1036000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2159000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1200000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1000000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1200000 usd
CY2023Q1 us-gaap Purchase Obligation
PurchaseObligation
52800000 usd
CY2023Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
4800000 usd
CY2022Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
3200000 usd
CY2023Q1 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
2200000 usd
CY2022Q4 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
1800000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
138000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
140000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-2000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-30594000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-72424000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26446000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27814000 usd
CY2023Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-37000 usd
CY2022Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-49000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
237577000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
329219000 usd
CY2023Q1 us-gaap Assets
Assets
2169670000 usd
CY2022Q4 us-gaap Assets
Assets
2167259000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
597380000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
595851000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
36832000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
38725000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10858000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9898000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11490000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11628000 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2968000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2809000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26462000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
27963000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7890000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7089000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.044
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.038
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9286000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2482000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8464000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2724000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5295000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2062000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4030000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1402000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3858000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
587000 usd
CY2023Q1 opk Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
11910000 usd
CY2023Q1 opk Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
1990000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
42843000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
11247000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4891000 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
389000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
37952000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
10858000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4100000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
600000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4600000 usd
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
400000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3872000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4288000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
108000 usd
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
33000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
656000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
498000 usd
CY2023Q1 opk Payments For Leases
PaymentsForLeases
4636000 usd
CY2022Q1 opk Payments For Leases
PaymentsForLeases
4819000 usd

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