2024 Q2 Form 10-Q Financial Statement

#000143774924015106 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $182.2M $173.7M $237.6M
YoY Change -31.35% -26.89% -27.84%
Cost Of Revenue $130.5M $131.6M $138.3M
YoY Change -6.02% -4.84% -43.28%
Gross Profit $51.65M $42.07M $99.26M
YoY Change -59.17% -57.62% 16.31%
Gross Profit Margin 28.35% 24.22% 41.78%
Selling, General & Admin $68.82M $70.17M $75.64M
YoY Change -13.76% -7.24% -35.64%
% of Gross Profit 133.24% 166.79% 76.2%
Research & Development $24.08M $21.94M $32.61M
YoY Change 32.32% -32.72% 78.05%
% of Gross Profit 46.62% 52.15% 32.85%
Depreciation & Amortization $24.16M $25.82M $26.45M
YoY Change 12.35% -2.37% -4.92%
% of Gross Profit 46.76% 61.38% 26.64%
Operating Expenses $243.9M $245.2M $268.2M
YoY Change 104.06% -8.58% -33.23%
Operating Profit -$61.67M -$71.47M -$30.59M
YoY Change -981.0% 133.61% -57.76%
Interest Expense -$7.788M $7.686M -$3.420M
YoY Change -337.66% -324.74% 22.84%
% of Operating Profit
Other Income/Expense, Net $51.09M -$11.71M $13.60M
YoY Change -317.39% -186.13% -421.75%
Pretax Income -$10.58M -$83.18M -$17.00M
YoY Change -35.85% 389.4% -77.83%
Income Tax -$280.0K -$1.350M $1.233M
% Of Pretax Income
Net Earnings -$10.31M -$81.84M -$18.27M
YoY Change -47.42% 348.0% -67.05%
Net Earnings / Revenue -5.66% -47.12% -7.69%
Basic Earnings Per Share -$0.01 -$0.12 -$0.02
Diluted Earnings Per Share -$0.01 -$0.12 -$0.02
COMMON SHARES
Basic Shares Outstanding 697.0M 697.0M 772.7M shares
Diluted Shares Outstanding 751.5M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.58M $67.39M $110.8M
YoY Change -62.46% -39.19% 8.36%
Cash & Equivalents $40.58M $75.64M $110.8M
Short-Term Investments
Other Short-Term Assets $6.734M $6.626M $6.081M
YoY Change -97.93% 8.96% 25.85%
Inventory $60.15M $59.37M $75.41M
Prepaid Expenses
Receivables $105.3M $111.4M $121.5M
Other Receivables $10.70M $7.839M $81.92M
Total Short-Term Assets $358.0M $391.3M $406.4M
YoY Change -17.48% -3.72% -46.1%
LONG-TERM ASSETS
Property, Plant & Equipment $66.77M $64.17M $117.7M
YoY Change -15.35% -45.48% -5.6%
Goodwill $530.1M $530.6M $597.4M
YoY Change -11.26% -11.18% -15.91%
Intangibles $659.1M $680.0M
YoY Change -15.74%
Long-Term Investments $0.00 $0.00 $41.23M
YoY Change -100.0% -100.0% 335.29%
Other Assets $7.796M $8.578M $8.340M
YoY Change -99.16% 2.85% -8.35%
Total Long-Term Assets $1.622B $1.583B $1.763B
YoY Change -5.98% -10.24% 13.55%
TOTAL ASSETS
Total Short-Term Assets $358.0M $391.3M $406.4M
Total Long-Term Assets $1.622B $1.583B $1.763B
Total Assets $1.980B $1.974B $2.170B
YoY Change -8.29% -9.02% -5.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.24M $71.16M $80.50M
YoY Change -6.44% -11.61% -14.58%
Accrued Expenses $94.52M $88.77M $106.1M
YoY Change -4.14% -16.3% -32.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.597M $1.822M $27.34M
YoY Change -93.34% 37.64%
Total Short-Term Liabilities $219.6M $204.3M $222.4M
YoY Change -3.02% -8.13% -28.06%
LONG-TERM LIABILITIES
Long-Term Debt $3.676M $4.036M $228.0M
YoY Change -98.27% -98.23% 5.39%
Other Long-Term Liabilities $20.32M $21.20M $27.98M
YoY Change -60.86% -24.25% 78.69%
Total Long-Term Liabilities $365.0M $516.9M $395.4M
YoY Change 38.15% 30.71% 3.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $219.6M $204.3M $222.4M
Total Long-Term Liabilities $365.0M $516.9M $395.4M
Total Liabilities $584.6M $721.2M $617.9M
YoY Change -6.26% 16.73% -10.71%
SHAREHOLDERS EQUITY
Retained Earnings -$2.104B -$2.094B -$1.841B
YoY Change 13.06% 13.71% 18.79%
Common Stock $7.273M $7.269M $7.813M
YoY Change -6.96% -6.96% 13.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.395B $1.253B $1.552B
YoY Change
Total Liabilities & Shareholders Equity $1.980B $1.974B $2.170B
YoY Change -8.29% -9.02% -5.95%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$10.31M -$81.84M -$18.27M
YoY Change -47.42% 348.0% -67.05%
Depreciation, Depletion And Amortization $24.16M $25.82M $26.45M
YoY Change 12.35% -2.37% -4.92%
Cash From Operating Activities -$26.43M -$35.57M -$22.65M
YoY Change 7142.47% 57.05% 14.06%
INVESTING ACTIVITIES
Capital Expenditures $7.217M $4.443M $3.037M
YoY Change 20.02% 46.3% -157.84%
Acquisitions
YoY Change
Other Investing Activities $55.00K $48.00K -$4.680M
YoY Change -89.46% -101.03% -1444.83%
Cash From Investing Activities -$7.162M -$4.395M -$7.717M
YoY Change 30.43% -43.05% 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 -2.115M $20.61M -$13.12M
YoY Change -161.09% -257.12% 66.25%
NET CHANGE
Cash From Operating Activities -26.43M -$35.57M -$22.65M
Cash From Investing Activities -7.162M -$4.395M -$7.717M
Cash From Financing Activities -2.115M $20.61M -$13.12M
Net Change In Cash -35.71M -$20.24M -$42.36M
YoY Change 1391.73% -52.22% 30.63%
FREE CASH FLOW
Cash From Operating Activities -$26.43M -$35.57M -$22.65M
Capital Expenditures $7.217M $4.443M $3.037M
Free Cash Flow -$33.65M -$40.01M -$25.68M
YoY Change 427.63% 55.77% 75.86%

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CY2024Q1 us-gaap Share Based Compensation
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CY2023Q1 us-gaap Share Based Compensation
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CY2023Q1 opk Changes In Fair Value Gain Loss In Equity Securities Fvni And Derivative Instruments
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CY2024Q1 opk Gain Loss On Conversion Of Debt
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CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2024Q1 us-gaap Increase Decrease In Inventories
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CY2023Q1 us-gaap Increase Decrease In Inventories
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CY2024Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2024Q1 us-gaap Increase Decrease In Accounts Payable
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CY2024Q1 opk Increase Decrease In Foreign Currency Measurement
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CY2023Q1 opk Increase Decrease In Foreign Currency Measurement
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CY2024Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2023Q1 us-gaap Payments To Acquire Investments
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CY2024Q1 us-gaap Payments To Acquire Productive Assets
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CY2023Q1 us-gaap Payments To Acquire Productive Assets
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CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2024Q1 us-gaap Proceeds From Convertible Debt
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CY2023Q1 us-gaap Proceeds From Convertible Debt
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CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
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CY2024Q1 us-gaap Proceeds From Lines Of Credit
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CY2023Q1 us-gaap Proceeds From Lines Of Credit
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CY2024Q1 us-gaap Repayments Of Lines Of Credit
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CY2024Q1 us-gaap Repayments Of Senior Debt
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2024Q1 us-gaap Interest Paid Net
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CY2023Q1 us-gaap Interest Paid Net
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CY2024Q1 us-gaap Income Taxes Paid Net
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CY2023Q1 us-gaap Income Taxes Paid Net
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CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
41800000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2024Q1 us-gaap Use Of Estimates
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"><i>Use of estimates</i>. 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.</p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"></p>
CY2024Q1 us-gaap Inventory Write Down
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CY2023Q1 us-gaap Inventory Write Down
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CY2024Q1 opk Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill And Intangible Assets
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CY2023Q4 opk Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Goodwill And Intangible Assets
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CY2023Q4 us-gaap Goodwill
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CY2024Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2024Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Amortization Of Intangible Assets
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CY2024Q1 us-gaap Depreciation
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CY2023Q1 us-gaap Depreciation
Depreciation
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CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2024Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2024Q1 us-gaap Concentration Risk Credit Risk
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"><i>Concentration of credit risk and allowance for credit losses</i>. 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.</p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;">While we have receivables due from federal and state governmental agencies, such receivables are <em style="font: inherit;">not</em> a credit risk because federal and state governments fund the related healthcare programs. Payment is primarily dependent upon submitting appropriate documentation. On <em style="font: inherit;"> March 31, 2024</em> and <em style="font: inherit;"> December 31, 2023</em>, receivable balances (net of explicit and implicit price concessions) from Medicare and Medicaid were 7.4% and 6.7%, respectively, of our consolidated Accounts receivable, net. The portion of our accounts receivable due from individual patients comprises the largest portion of credit risk. At <em style="font: inherit;"> March 31, 2024</em> and <em style="font: inherit;"> December 31, 2023</em>, receivables due from patients represented approximately 2.2% and 2.0%, respectively, of our consolidated Accounts receivable, net.</p> <p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;">We assess the collectability of accounts receivable balances by considering factors such as historical collection experience, customer credit worthiness, the age of accounts receivable balances, regulatory changes and current economic conditions and trends that <em style="font: inherit;"> may </em>affect a customer’s ability to pay. Actual results could differ from those estimates. The allowance for credit losses was $2.0 million on each of  <em style="font: inherit;"> March 31, 2024</em>, and <em style="font: inherit;"> December 31, 2023</em>. The credit loss expense for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2024</em> and <em style="font: inherit;">2023,</em> was $128.6 thousand and $85.2 thousand, respectively.</p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;">As of <em style="font: inherit;"> March 31, 2024, </em>accounts receivable included $0.8 million of revenue earned under the BARDA Contract (as defined in Note <em style="font: inherit;">14</em>). As of <em style="font: inherit;"> December 31, 2023, </em>accounts receivable included $0.6 million under this contract. Refer to Note <em style="font: inherit;">13,</em> Government Contract Revenue for further information on government contracts and to Note <em style="font: inherit;">14,</em> Strategic Alliances for further information on the BARDA Contract.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 27pt;"></p>
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2024Q1 us-gaap Share Based Compensation
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CY2023Q1 us-gaap Share Based Compensation
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CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2024Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
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CY2024Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2023Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
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CY2023Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2024Q1 us-gaap Accounts Receivable Gross Current
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CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2024Q1 us-gaap Accounts Receivable Net Current
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CY2023Q4 us-gaap Accounts Receivable Net Current
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CY2024Q1 us-gaap Other Inventory Supplies
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CY2023Q4 us-gaap Other Inventory Supplies
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CY2024Q1 us-gaap Inventory Finished Goods
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CY2023Q4 us-gaap Inventory Finished Goods
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CY2024Q1 us-gaap Inventory Work In Process
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CY2023Q4 us-gaap Inventory Work In Process
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CY2024Q1 us-gaap Inventory Raw Materials
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CY2023Q4 us-gaap Inventory Raw Materials
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CY2024Q1 us-gaap Inventory Valuation Reserves
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CY2023Q4 us-gaap Inventory Valuation Reserves
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CY2024Q1 us-gaap Inventory Net
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CY2023Q4 us-gaap Inventory Net
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CY2023Q4 us-gaap Other Prepaid Expense Current
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CY2024Q1 us-gaap Prepaid Insurance
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CY2023Q4 us-gaap Prepaid Insurance
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CY2024Q1 us-gaap Accounts And Other Receivables Net Current
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CY2023Q4 us-gaap Accounts And Other Receivables Net Current
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CY2024Q1 us-gaap Other Assets Current
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CY2023Q4 us-gaap Other Assets Current
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CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
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CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2024Q1 us-gaap Finite Lived Intangible Assets Net
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CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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CY2024Q1 us-gaap Accrued Employee Benefits Current
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CY2023Q4 us-gaap Accrued Employee Benefits Current
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CY2024Q1 opk Accrued Clinical Trials
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CY2023Q4 opk Accrued Clinical Trials
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CY2024Q1 opk Accrued Commitments And Contingencies Current
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CY2023Q4 opk Accrued Commitments And Contingencies Current
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CY2024Q1 opk Accrued Gross To Net Provision
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CY2023Q4 opk Accrued Gross To Net Provision
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CY2024Q1 opk Accrued Inventory Not Yet Billed
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CY2023Q4 opk Accrued Inventory Not Yet Billed
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CY2024Q1 us-gaap Finance Lease Liability Current
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CY2023Q4 us-gaap Finance Lease Liability Current
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CY2024Q1 us-gaap Accrued Professional Fees Current
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CY2023Q4 us-gaap Accrued Professional Fees Current
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CY2024Q1 us-gaap Taxes Payable Current
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CY2023Q4 us-gaap Taxes Payable Current
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CY2024Q1 us-gaap Accrued Royalties Current
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CY2023Q4 us-gaap Accrued Royalties Current
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CY2024Q1 us-gaap Accrued Sales Commission Current
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CY2023Q4 us-gaap Accrued Sales Commission Current
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CY2024Q1 us-gaap Other Accrued Liabilities Current
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CY2023Q4 us-gaap Other Accrued Liabilities Current
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CY2024Q1 us-gaap Accrued Liabilities Current
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CY2023Q4 us-gaap Accrued Liabilities Current
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CY2024Q1 us-gaap Other Long Term Debt Noncurrent
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CY2023Q4 us-gaap Other Long Term Debt Noncurrent
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CY2024Q1 us-gaap Finance Lease Liability Noncurrent
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CY2023Q4 us-gaap Finance Lease Liability Noncurrent
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CY2024Q1 us-gaap Contract With Customer Liability Noncurrent
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CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
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CY2023Q4 us-gaap Other Liabilities And Deferred Revenue Noncurrent
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CY2024Q1 us-gaap Other Liabilities Noncurrent
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21196000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
27189000 usd
CY2023Q4 us-gaap Goodwill Gross
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636283000 usd
CY2024Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
38023000 usd
CY2024Q1 opk Goodwill Acquired Disposed Of During Period
GoodwillAcquiredDisposedOfDuringPeriod
-65294000 usd
CY2024Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2351000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
530615000 usd
CY2024Q1 us-gaap Equity Method Investments
EquityMethodInvestments
-0 usd
CY2024Q1 us-gaap Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
2734000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
-0 usd
CY2023Q4 us-gaap Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
2942000 usd
CY2024Q1 opk Equity Method Investment Variable Interest Entity
EquityMethodInvestmentVariableInterestEntity
793000 usd
CY2024Q1 opk Equity Method Investment Variable Interest Entity Underlying Equity In Net Assets
EquityMethodInvestmentVariableInterestEntityUnderlyingEquityInNetAssets
157000 usd
CY2023Q4 opk Equity Method Investment Variable Interest Entity
EquityMethodInvestmentVariableInterestEntity
796000 usd
CY2023Q4 opk Equity Method Investment Variable Interest Entity Underlying Equity In Net Assets
EquityMethodInvestmentVariableInterestEntityUnderlyingEquityInNetAssets
420000 usd
CY2024Q1 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
32490000 usd
CY2023Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
9786000 usd
CY2024Q1 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
183000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
116000 usd
CY2024Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
7521000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5382000 usd
CY2024Q1 opk Equity Investments Carrying Value Of Equity Intruments
EquityInvestmentsCarryingValueOfEquityIntruments
3000 usd
CY2023Q4 opk Equity Investments Carrying Value Of Equity Intruments
EquityInvestmentsCarryingValueOfEquityIntruments
2000 usd
CY2024Q1 us-gaap Long Term Investments
LongTermInvestments
40990000 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
16082000 usd
CY2024Q1 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
600000 usd
CY2023Q4 us-gaap Equity Method Investment Quoted Market Value
EquityMethodInvestmentQuotedMarketValue
700000 usd
CY2024Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
67000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-105000 usd
CY2024Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
67000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-105000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1822000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1992000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4036000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7727000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
350134000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
249345000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
350134000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
249345000 usd
CY2024Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
50000000 usd
CY2024Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.9067
CY2024Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
pure
CY2024Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
79880000 usd
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
20998000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
25300000 usd
CY2019Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
29500
CY2019Q3 opk Operating Leases Monthly Payments Year One
OperatingLeasesMonthlyPaymentsYearOne
89000 usd
CY2019Q3 opk Operating Leases Monthly Payments Year Five
OperatingLeasesMonthlyPaymentsYearFive
101000 usd
CY2024Q1 us-gaap Purchase Obligation
PurchaseObligation
46500000 usd
CY2024Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
500000 usd
CY2023Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
4800000 usd
CY2024Q1 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
4700000 usd
CY2023Q4 opk Accrued Expense Payor Overpayment Reimbursement Liability
AccruedExpensePayorOverpaymentReimbursementLiability
3100000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-71472000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-30594000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25820000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26446000 usd
CY2024Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-3000 usd
CY2023Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
-37000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173686000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
237577000 usd
CY2024Q1 us-gaap Assets
Assets
1974016000 usd
CY2023Q4 us-gaap Assets
Assets
2011698000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
530615000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
598260000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
63331000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
68088000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6770 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10101 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11742000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12996000 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1783000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2827000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
50931000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
54140000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4987000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
7274000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M6D
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M6D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054 pure
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054 pure
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.023 pure
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.038 pure
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9353000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1630000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11065000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1500000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10228000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1206000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10130000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
514000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9957000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
194000 usd
CY2024Q1 opk Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
25763000 usd
CY2024Q1 opk Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
1880000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
76496000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6924000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
13823000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
154000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
62673000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
6770000 usd
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4400000 usd
CY2024Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
600000 usd
CY2024Q1 us-gaap Variable Lease Cost
VariableLeaseCost
500000 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
700000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4332000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3872000 usd
CY2024Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
134000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
108000 usd
CY2024Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
640000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
656000 usd
CY2024Q1 opk Payments For Leases
PaymentsForLeases
5106000 usd
CY2023Q1 opk Payments For Leases
PaymentsForLeases
4636000 usd

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