2023 Q1 Form 10-K Financial Statement
#000149465023000020 Filed on March 07, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $11.85M | $20.86M | $76.28M |
YoY Change | -19.74% | -7.34% | 2.18% |
Cost Of Revenue | $1.706M | $2.981M | $9.263M |
YoY Change | -15.29% | 15.77% | 1.22% |
Gross Profit | $10.14M | $17.88M | $67.01M |
YoY Change | -20.45% | -10.33% | 2.31% |
Gross Profit Margin | 85.6% | 85.71% | 87.86% |
Selling, General & Admin | $22.72M | $23.31M | $107.6M |
YoY Change | -22.55% | -11.5% | 0.95% |
% of Gross Profit | 224.09% | 130.41% | 160.64% |
Research & Development | $1.785M | $2.921M | $15.26M |
YoY Change | -62.83% | -44.47% | -39.73% |
% of Gross Profit | 17.6% | 16.34% | 22.77% |
Depreciation & Amortization | $72.00K | $132.0K | $532.0K |
YoY Change | -39.5% | -21.43% | -17.65% |
% of Gross Profit | 0.71% | 0.74% | 0.79% |
Operating Expenses | $24.51M | $26.23M | $122.9M |
YoY Change | -28.22% | -16.99% | -6.85% |
Operating Profit | -$14.37M | -$8.356M | -$55.90M |
YoY Change | -32.84% | -28.37% | -15.88% |
Interest Expense | $4.672M | -$5.397M | $16.84M |
YoY Change | 14.71% | 36.08% | 5.45% |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.396M | -$1.396M | |
YoY Change | -1961.33% | -1961.33% | |
Pretax Income | -$18.85M | -$15.15M | -$74.83M |
YoY Change | -25.6% | -3.04% | -9.07% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$18.85M | -$15.15M | -$74.83M |
YoY Change | -25.6% | -3.04% | -9.07% |
Net Earnings / Revenue | -159.1% | -72.64% | -98.11% |
Basic Earnings Per Share | -$0.17 | -$0.87 | |
Diluted Earnings Per Share | -$0.17 | -$0.16 | -$0.87 |
COMMON SHARES | |||
Basic Shares Outstanding | 111.8M shares | 83.52M shares | 85.90M shares |
Diluted Shares Outstanding | 111.8M shares | 85.90M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $83.93M | $94.24M | $94.24M |
YoY Change | -8.14% | -14.71% | -14.71% |
Cash & Equivalents | $83.93M | $94.24M | $94.24M |
Short-Term Investments | |||
Other Short-Term Assets | $2.961M | $2.865M | $2.865M |
YoY Change | -0.3% | 11.0% | 11.0% |
Inventory | $8.303M | $9.443M | $9.443M |
Prepaid Expenses | |||
Receivables | $16.98M | $33.93M | $33.93M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $112.2M | $140.5M | $140.5M |
YoY Change | -12.65% | -12.4% | -12.4% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $722.0K | $795.0K | $3.240M |
YoY Change | -40.72% | -40.98% | -39.98% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.032M | $2.943M | $498.0K |
YoY Change | -51.36% | -32.27% | 69.39% |
Total Long-Term Assets | $2.754M | $3.738M | $3.738M |
YoY Change | -48.96% | -34.33% | -34.33% |
TOTAL ASSETS | |||
Total Short-Term Assets | $112.2M | $140.5M | $140.5M |
Total Long-Term Assets | $2.754M | $3.738M | $3.738M |
Total Assets | $114.9M | $144.2M | $144.2M |
YoY Change | -14.12% | -13.16% | -13.16% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.244M | $5.291M | $5.291M |
YoY Change | -18.29% | -33.97% | -33.97% |
Accrued Expenses | $29.44M | $42.89M | $44.86M |
YoY Change | -26.53% | -12.69% | -12.41% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $129.0M | $128.6M | $128.6M |
YoY Change | |||
Long-Term Debt Due | $129.0M | $128.6M | |
YoY Change | |||
Total Short-Term Liabilities | $166.3M | $178.7M | $178.7M |
YoY Change | 232.45% | 201.73% | 201.73% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Other Long-Term Liabilities | $407.0K | $626.0K | $22.12M |
YoY Change | -76.0% | -71.42% | 909.86% |
Total Long-Term Liabilities | $407.0K | $626.0K | $22.12M |
YoY Change | -99.68% | -99.51% | -82.8% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $166.3M | $178.7M | $178.7M |
Total Long-Term Liabilities | $407.0K | $626.0K | $22.12M |
Total Liabilities | $188.7M | $200.8M | $200.8M |
YoY Change | 5.62% | 6.92% | 6.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$703.7M | -$684.9M | |
YoY Change | 10.76% | 12.27% | |
Common Stock | $630.0M | $628.4M | |
YoY Change | 6.67% | 6.8% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$73.79M | -$56.62M | -$56.62M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $114.9M | $144.2M | $144.2M |
YoY Change | -14.12% | -13.16% | -13.16% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$18.85M | -$15.15M | -$74.83M |
YoY Change | -25.6% | -3.04% | -9.07% |
Depreciation, Depletion And Amortization | $72.00K | $132.0K | $532.0K |
YoY Change | -39.5% | -21.43% | -17.65% |
Cash From Operating Activities | -$10.48M | -$17.68M | -$67.65M |
YoY Change | -45.81% | 5.77% | -12.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $3.000K | $63.00K |
YoY Change | -100.0% | -112.5% | -62.28% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | -$3.000K | -$63.00K |
YoY Change | -100.0% | -87.5% | 1.61% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $51.09M | ||
YoY Change | 18.42% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $162.0K | 50.79M | $51.44M |
YoY Change | -34.94% | 18.08% | 18.73% |
NET CHANGE | |||
Cash From Operating Activities | -$10.48M | -17.68M | -$67.65M |
Cash From Investing Activities | $0.00 | -3.000K | -$63.00K |
Cash From Financing Activities | $162.0K | 50.79M | $51.44M |
Net Change In Cash | -$10.32M | 33.10M | -$16.27M |
YoY Change | -46.09% | 26.02% | -51.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$10.48M | -$17.68M | -$67.65M |
Capital Expenditures | $0.00 | $3.000K | $63.00K |
Free Cash Flow | -$10.48M | -$17.68M | -$67.71M |
YoY Change | -45.94% | 5.94% | -12.18% |
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|
56851921 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56851921 | shares |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-74833000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-82296000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-3000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
4000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-74836000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-82292000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6788000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9977000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
42814000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
534000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
39000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
368000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
4000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-82296000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21772000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8889000 | usd |
CY2022 | optn |
Stock Issued During Period Vested Restricted Stock Units
StockIssuedDuringPeriodVestedRestrictedStockUnits
|
94000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
30446000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
554000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-3000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-74833000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-56624000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-74833000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-82296000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
532000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
646000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8877000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10003000 | usd |
CY2022 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
1211000 | usd |
CY2021 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2318000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1795000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-233000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
67000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1517000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11823000 | usd |
CY2022 | optn |
Increase Decrease In Grantsand Other Receivables
IncreaseDecreaseInGrantsandOtherReceivables
|
0 | usd |
CY2021 | optn |
Increase Decrease In Grantsand Other Receivables
IncreaseDecreaseInGrantsandOtherReceivables
|
-43000 | usd |
CY2022 | optn |
Increase Decreasein Depositsand Other Assets
IncreaseDecreaseinDepositsandOtherAssets
|
-1963000 | usd |
CY2021 | optn |
Increase Decreasein Depositsand Other Assets
IncreaseDecreaseinDepositsandOtherAssets
|
-3543000 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2492000 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2713000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2723000 | usd |
CY2021 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
11000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2564000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-9005000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1603000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-67651000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-76935000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
63000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
167000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
105000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-63000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-62000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
51086000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
43140000 | usd |
CY2022 | optn |
Proceedsfrom Issuanceof Common Stock Under Employee Stock Purchase Plan
ProceedsfromIssuanceofCommonStockUnderEmployeeStockPurchasePlan
|
554000 | usd |
CY2021 | optn |
Proceedsfrom Issuanceof Common Stock Under Employee Stock Purchase Plan
ProceedsfromIssuanceofCommonStockUnderEmployeeStockPurchasePlan
|
368000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
94000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
39000 | usd |
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
298000 | usd |
CY2021 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
227000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
51436000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
43320000 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7000 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-16271000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-33664000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110515000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
144179000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94244000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110515000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
15091000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14170000 | usd |
CY2022 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
4000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
0 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
534000 | usd |
CY2022 | optn |
Deferred Offering Costs W Ithin Accounts Payableand Accrued Expenses
DeferredOfferingCostsWIthinAccountsPayableandAccruedExpenses
|
408000 | usd |
CY2021 | optn |
Deferred Offering Costs W Ithin Accounts Payableand Accrued Expenses
DeferredOfferingCostsWIthinAccountsPayableandAccruedExpenses
|
318000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
704000 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
157000 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization and Description of BusinessOptiNose, Inc. (the Company) was incorporated in Delaware in May 2010 (inception) and has facilities in Yardley, Pennsylvania and Ewing, New Jersey. The Company's predecessor entity, OptiNose AS, was formed under the laws of Norway in September 2000. In 2010, OptiNose AS became a wholly-owned subsidiary of the Company as part of an internal reorganization. During 2022, the Company's board of directors approved the liquidation of Optionse AS and Optinose UK, which is expected to be completed in 2023, in order to simplify the corporate structure. <span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is a specialty pharmaceutical company focused on the development and commercialization of products for patients treated by ear, nose and throat (ENT) and allergy specialists. The Company's first commercial product, XHANCE</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">®</span> (fluticasone propionate) nasal spray, 93 microgram (mcg), is a therapeutic utilizing the Company's proprietary Exhalation Delivery System (EDS) that delivers a topically-acting corticosteroid for the treatment of chronic rhinosinusitis with nasal polyps and, if approved, chronic rhinosinusitis without nasal polyps (also known as chronic sinusitis). XHANCE was approved by the United States (US) Food and Drug Administration (FDA) in September 2017 for the treatment of nasal polyps in patients 18 years of age or older. XHANCE was made widely available through commercial channels in April 2018. In January 2023, the indication statement for XHANCE was changed from “for the treatment of nasal polyps” to “for the treatment of chronic rhinosinusitis with nasal polyps” to reflect current FDA labeling terminology and not based on new XHANCE clinical trial data. | |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
94244000 | usd |
CY2022Q4 | optn |
Working Capital
WorkingCapital
|
-38246000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-684893000 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
444000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated 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 consolidated financial statements and reported amounts of expenses during the reporting period. Due to the uncertainty of factors surrounding the estimates or judgments used in the preparation of the consolidated financial statements, actual results may materially vary from these estimates. Estimates and assumptions are periodically reviewed and the effects of revisions are reflected in the consolidated financial statements in the period they are determined to be necessary.</span></div> | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of credit risk</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and accounts receivable. The Company generally invests its cash in deposits with high credit quality financial institutions. Additionally, the Company performs periodic evaluations of the relative credit standing of these financial institutions.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Customer and supplier concentration</span></div>The Company has exposure to credit risk in accounts receivable from sales of product. XHANCE is sold to wholesale pharmaceutical distributors and preferred pharmacy network (PPN) partners, who, in turn, sell XHANCE to pharmacies, hospitals and other customers. | |
CY2022Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
92988000 | usd |
CY2021Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
109017000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd |
CY2021 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
16575000 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
15638000 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
43609730 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12418139 | shares |
CY2022Q4 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
21490000 | usd |
CY2022Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
21490000 | usd |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | usd |
CY2022 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
20279000 | usd |
CY2022 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
1211000 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
21490000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1691000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3504000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
5010000 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
4816000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2742000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
3527000 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
9443000 | usd |
CY2021Q4 | us-gaap |
Inventory Gross
InventoryGross
|
11847000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5360000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5630000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4565000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4283000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
795000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1347000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
530000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
645000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2445000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4051000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1971000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2596000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2094000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
625000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2190000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2596000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
4284000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y14D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0524 | |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2153000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
548000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
82000 | usd |
CY2022Q4 | optn |
Lessee Operating Lease Liability Payments Due Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueThereafter
|
0 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2783000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
187000 | usd |
CY2022 | optn |
Operating Lease Cost For Extension
OperatingLeaseCostForExtension
|
0 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
2985000 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
2843000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2570000 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2466000 | usd |
CY2022Q4 | optn |
Accrued Product Allowances Current
AccruedProductAllowancesCurrent
|
27993000 | usd |
CY2021Q4 | optn |
Accrued Product Allowances Current
AccruedProductAllowancesCurrent
|
26521000 | usd |
CY2022Q4 | optn |
Accrued Selling Generaland Administrative Current
AccruedSellingGeneralandAdministrativeCurrent
|
3799000 | usd |
CY2021Q4 | optn |
Accrued Selling Generaland Administrative Current
AccruedSellingGeneralandAdministrativeCurrent
|
6124000 | usd |
CY2022Q4 | optn |
Accrued Researchand Development Current
AccruedResearchandDevelopmentCurrent
|
1298000 | usd |
CY2021Q4 | optn |
Accrued Researchand Development Current
AccruedResearchandDevelopmentCurrent
|
6857000 | usd |
CY2022Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
7888000 | usd |
CY2021Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
7569000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1915000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2057000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
42893000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
49128000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1971000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2094000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1971000 | usd |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2094000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
44864000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
51222000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | |
CY2022 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
1112000 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
1340000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
256000 | usd |
CY2022Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
0 | usd |
CY2022Q4 | optn |
Vote Per Share
VotePerShare
|
1 | vote |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
CY2022Q4 | optn |
Class Of Warrant Or Right Restriction Common Shares Maximum Ownership If Exercised Percent
ClassOfWarrantOrRightRestrictionCommonSharesMaximumOwnershipIfExercisedPercent
|
0.0499 | |
CY2022Q4 | optn |
Class Of Warrant Or Right Restriction Common Shares Maximum Ownership Prior To Execution Percent
ClassOfWarrantOrRightRestrictionCommonSharesMaximumOwnershipPriorToExecutionPercent
|
0.0999 | |
CY2022Q4 | optn |
Class Of Warrant Or Right Restriction Common Shares Maximum Ownership After Effective Waiting Period Percent
ClassOfWarrantOrRightRestrictionCommonSharesMaximumOwnershipAfterEffectiveWaitingPeriodPercent
|
0.1999 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7958781 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.87 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y6M | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3473370 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.88 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
95000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.18 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
947999 | shares |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10003000 | usd |
CY2021 | optn |
Effective Income Tax Rate Reconciliation Foreign Exchange Other Percent
EffectiveIncomeTaxRateReconciliationForeignExchangeOtherPercent
|
-0.009 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.029 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
9.56 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
1025082 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.35 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9364070 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.88 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y18D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
5521738 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
9.98 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y6M18D | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3473370 | shares |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8877000 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-72750000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-78801000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-2083000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-3495000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-74833000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-82296000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.015 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.004 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.007 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.001 | |
CY2022 | optn |
Effective Income Tax Rate Reconciliation Foreign Operations Impact Percent
EffectiveIncomeTaxRateReconciliationForeignOperationsImpactPercent
|
-0.145 | |
CY2021 | optn |
Effective Income Tax Rate Reconciliation Foreign Operations Impact Percent
EffectiveIncomeTaxRateReconciliationForeignOperationsImpactPercent
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.026 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.047 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.029 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0 | |
CY2022 | optn |
Effective Income Tax Rate Reconciliation Foreign Exchange Other Percent
EffectiveIncomeTaxRateReconciliationForeignExchangeOtherPercent
|
-0.017 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0 | |
CY2022 | optn |
Effective Income Tax Rate Reconciliation Prepaid Royalty Write Off Percent
EffectiveIncomeTaxRateReconciliationPrepaidRoyaltyWriteOffPercent
|
-0.118 | |
CY2021 | optn |
Effective Income Tax Rate Reconciliation Prepaid Royalty Write Off Percent
EffectiveIncomeTaxRateReconciliationPrepaidRoyaltyWriteOffPercent
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.124 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.245 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
5144000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
6712000 | usd |
CY2022Q4 | optn |
Deferred Tax Assets Prepaid License Arrangement
DeferredTaxAssetsPrepaidLicenseArrangement
|
0 | usd |
CY2021Q4 | optn |
Deferred Tax Assets Prepaid License Arrangement
DeferredTaxAssetsPrepaidLicenseArrangement
|
9441000 | usd |
CY2022Q4 | optn |
Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
|
14304000 | usd |
CY2021Q4 | optn |
Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
|
10708000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
7193000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
8583000 | usd |
CY2022Q4 | optn |
Deferred Tax Assets Leasing Arrangement
DeferredTaxAssetsLeasingArrangement
|
642000 | usd |
CY2021Q4 | optn |
Deferred Tax Assets Leasing Arrangement
DeferredTaxAssetsLeasingArrangement
|
1081000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2460000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2461000 | usd |
CY2022Q4 | optn |
Deferred Tax Assets Financing Costs
DeferredTaxAssetsFinancingCosts
|
3377000 | usd |
CY2021Q4 | optn |
Deferred Tax Assets Financing Costs
DeferredTaxAssetsFinancingCosts
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
83376000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
87324000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
116496000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
126310000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
171000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
210000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
605000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
|
1024000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
776000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1234000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
115720000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
125076000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
2487000 | usd |
CY2022 | optn |
Deferred Tax Assets Tax Credit Carryforwards Research Term
DeferredTaxAssetsTaxCreditCarryforwardsResearchTerm
|
P20Y | |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-9356000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |