2024 Q1 Form 10-K Financial Statement

#000143774924006121 Filed on February 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $43.77M $72.18M $235.6M
YoY Change -17.07% 9.9% 3.34%
Cost Of Revenue $10.73M $24.32M $62.68M
YoY Change -18.84% 44.47% 13.77%
Gross Profit $33.04M $47.86M $173.0M
YoY Change -16.48% -2.01% 0.01%
Gross Profit Margin 75.49% 66.3% 73.4%
Selling, General & Admin $21.75M $20.18M $89.93M
YoY Change -3.27% -19.39% -0.05%
% of Gross Profit 65.83% 42.18% 52.0%
Research & Development $13.59M $12.87M $50.38M
YoY Change 6.93% -6.61% -3.56%
% of Gross Profit 41.13% 26.9% 29.13%
Depreciation & Amortization $100.0K $2.889M $400.0K
YoY Change 0.0% 30.9% -33.33%
% of Gross Profit 0.3% 6.04% 0.23%
Operating Expenses $35.34M $33.06M $140.3M
YoY Change 0.41% -14.85% -1.34%
Operating Profit -$2.299M $14.80M $32.64M
YoY Change -152.67% 47.74% 37.61%
Interest Expense $3.359M -$2.635M $13.33M
YoY Change 1.42% -4.53% 14.99%
% of Operating Profit -17.81% 40.84%
Other Income/Expense, Net -$2.296M $641.0K -$9.966M
YoY Change -18.49% -414.22% -57.16%
Pretax Income -$4.595M $12.80M $22.67M
YoY Change -396.83% -341.04% 4861.49%
Income Tax $220.0K $536.0K $1.083M
% Of Pretax Income 4.19% 4.78%
Net Earnings -$4.815M $12.27M $21.60M
YoY Change -443.68% -318.84% 1079900.0%
Net Earnings / Revenue -11.0% 17.0% 9.17%
Basic Earnings Per Share -$0.10 $0.46
Diluted Earnings Per Share -$0.10 $0.26 $0.45
COMMON SHARES
Basic Shares Outstanding 48.21M 47.57M 47.13M
Diluted Shares Outstanding 48.19M 47.55M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $107.2M $95.94M $95.94M
YoY Change 50.47% 18.34% 18.34%
Cash & Equivalents $76.75M $84.59M $84.59M
Short-Term Investments $30.41M $11.35M $11.35M
Other Short-Term Assets $255.0K $912.0K $5.329M
YoY Change -43.21% -62.45% -16.88%
Inventory $7.100M $7.080M $7.080M
Prepaid Expenses $3.924M $4.417M
Receivables $24.58M $47.84M $26.79M
Other Receivables $0.00 $21.05M $21.05M
Total Short-Term Assets $143.0M $156.2M $156.2M
YoY Change 27.98% 16.31% 16.31%
LONG-TERM ASSETS
Property, Plant & Equipment $757.0K $855.0K $8.647M
YoY Change -25.71% -25.39% -30.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.907M $4.825M $4.825M
YoY Change 5.3% 3.54% 3.54%
Total Long-Term Assets $71.12M $74.34M $74.34M
YoY Change -15.83% -15.31% -15.31%
TOTAL ASSETS
Total Short-Term Assets $143.0M $156.2M $156.2M
Total Long-Term Assets $71.12M $74.34M $74.34M
Total Assets $214.1M $230.5M $230.5M
YoY Change 9.12% 3.81% 3.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.964M $6.889M $6.889M
YoY Change 4.37% 6.97% 6.97%
Accrued Expenses $37.72M $52.72M $57.52M
YoY Change 10.49% -0.59% -17.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $45.33M $34.00M $34.00M
YoY Change
Total Short-Term Liabilities $98.19M $99.38M $99.38M
YoY Change 103.77% 28.26% 28.26%
LONG-TERM LIABILITIES
Long-Term Debt $54.69M $65.66M $65.66M
YoY Change -44.55% -33.21% -33.21%
Other Long-Term Liabilities $10.29M $12.05M $12.05M
YoY Change -56.42% -51.16% -51.16%
Total Long-Term Liabilities $54.69M $65.66M $77.70M
YoY Change -44.55% -33.21% -36.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $98.19M $99.38M $99.38M
Total Long-Term Liabilities $54.69M $65.66M $77.70M
Total Liabilities $163.2M $177.1M $177.1M
YoY Change -4.25% -11.66% -11.66%
SHAREHOLDERS EQUITY
Retained Earnings -$1.350B -$1.345B
YoY Change -1.13% -1.58%
Common Stock $1.401B $1.399B
YoY Change 0.7% 0.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $50.98M $53.44M $53.44M
YoY Change
Total Liabilities & Shareholders Equity $214.1M $230.5M $230.5M
YoY Change 9.12% 3.81% 3.81%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$4.815M $12.27M $21.60M
YoY Change -443.68% -318.84% 1079900.0%
Depreciation, Depletion And Amortization $100.0K $2.889M $400.0K
YoY Change 0.0% 30.9% -33.33%
Cash From Operating Activities $11.20M $10.46M $27.00M
YoY Change 330.77% 36.08% -270.89%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $45.00K $140.0K
YoY Change -100.0% -99.36%
Acquisitions
YoY Change
Other Investing Activities -$19.08M -$8.125M -$6.485M
YoY Change 285.45% 66.74% -145.98%
Cash From Investing Activities -$19.08M -$8.170M -$19.13M
YoY Change 9.34% -31.19% -369.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 0.000 $0.00
YoY Change -100.0% -100.0%
NET CHANGE
Cash From Operating Activities $11.20M 10.46M $27.00M
Cash From Investing Activities -$19.08M -8.170M -$19.13M
Cash From Financing Activities $0.00 0.000 $0.00
Net Change In Cash -$7.834M 2.285M $7.884M
YoY Change -47.09% -229.9% 125.26%
FREE CASH FLOW
Cash From Operating Activities $11.20M $10.46M $27.00M
Capital Expenditures $0.00 $45.00K $140.0K
Free Cash Flow $11.20M $10.41M $26.86M
YoY Change -213.13% 1424.16% -270.0%

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CY2022 us-gaap Proceeds From Issuance Of Private Placement
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CY2021 us-gaap Repayments Of Debt
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3500000 usd
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78792000 usd
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2023 us-gaap Interest Paid Net
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11628000 usd
CY2022 us-gaap Interest Paid Net
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10319000 usd
CY2021 us-gaap Interest Paid Net
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10342000 usd
CY2023 us-gaap Income Taxes Paid
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CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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18940000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2022 us-gaap Payments To Acquire Intangible Assets
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CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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7104000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Proceeds From Issuance Of Private Placement
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CY2022 us-gaap Proceeds From Issuance Of Private Placement
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12500000 usd
CY2021 us-gaap Proceeds From Issuance Of Private Placement
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CY2023 us-gaap Payments Of Stock Issuance Costs
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CY2022 us-gaap Payments Of Stock Issuance Costs
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CY2021 us-gaap Payments Of Stock Issuance Costs
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CY2023 us-gaap Proceeds From Issuance Of Debt
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CY2022 us-gaap Proceeds From Issuance Of Debt
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CY2021 us-gaap Proceeds From Issuance Of Debt
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CY2023 us-gaap Repayments Of Debt
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CY2022 us-gaap Repayments Of Debt
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CY2021 us-gaap Repayments Of Debt
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CY2023 pbyi Payment For Debt Extinguishment Debt Prepayment Cost And Other Extinguishment Costs
PaymentForDebtExtinguishmentDebtPrepaymentCostAndOtherExtinguishmentCosts
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CY2022 pbyi Payment For Debt Extinguishment Debt Prepayment Cost And Other Extinguishment Costs
PaymentForDebtExtinguishmentDebtPrepaymentCostAndOtherExtinguishmentCosts
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CY2021 pbyi Payment For Debt Extinguishment Debt Prepayment Cost And Other Extinguishment Costs
PaymentForDebtExtinguishmentDebtPrepaymentCostAndOtherExtinguishmentCosts
8521000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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CY2022 us-gaap Payments Of Debt Issuance Costs
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CY2023 pbyi Installment Payments To Acquire Intangible Assets
InstallmentPaymentsToAcquireIntangibleAssets
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CY2022 pbyi Installment Payments To Acquire Intangible Assets
InstallmentPaymentsToAcquireIntangibleAssets
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CY2021 pbyi Installment Payments To Acquire Intangible Assets
InstallmentPaymentsToAcquireIntangibleAssets
20000000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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7884000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3500000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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78792000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75292000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
97454000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
86676000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
78792000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75292000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
12500000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
11628000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
10319000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
10342000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
737000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
384000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
324000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
384000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
324000 usd
CY2023 pbyi Number Of Subsidiaries
NumberOfSubsidiaries
1 pure
CY2023Q4 pbyi Upfront License Fee
UpfrontLicenseFee
7000000 usd
CY2023Q4 pbyi Milestone Payments Maximum Amount
MilestonePaymentsMaximumAmount
287300000 usd
CY2022 pbyi Acquired Inprocess Research And Development
AcquiredInprocessResearchAndDevelopment
7000000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
21600000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27000000 usd
CY2023Q4 pbyi Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
95900000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"><b>Reclassifications</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 28pt;">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had <em style="font: inherit;">no</em> effect on the reported results of operations. An adjustment to the presentation of operating lease assets and liabilities, net has been made to the Consolidated Statements of Cash Flows for the year ended <em style="font: inherit;"> December 31, 2022.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates</b></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:28pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the balance sheet, and reported amounts of revenues and expenses for the period presented. Accordingly, actual results could differ from those estimates.</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:28pt;">Significant estimates include estimates for variable consideration for which reserves were established. These estimates are included in the calculation of net revenues and include trade discounts and allowances, product returns, provider chargebacks and discounts, government rebates, payor rebates, and other incentives, such as voluntary patient assistance, and other allowances that are offered within contracts between the Company and its customers, payors, and other indirect customers relating to the Company’s sale of its products. Other significant estimates also include those related to legal and other expense accruals. </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023 pbyi Number Of Subsidiaries
NumberOfSubsidiaries
1 pure
CY2023Q4 pbyi Upfront License Fee
UpfrontLicenseFee
7000000 usd
CY2023Q4 pbyi Milestone Payments Maximum Amount
MilestonePaymentsMaximumAmount
287300000 usd
CY2022 pbyi Acquired Inprocess Research And Development
AcquiredInprocessResearchAndDevelopment
7000000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
21600000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27000000 usd
CY2023Q4 pbyi Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
95900000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"><b>Reclassifications</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 28pt;">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had <em style="font: inherit;">no</em> effect on the reported results of operations. An adjustment to the presentation of operating lease assets and liabilities, net has been made to the Consolidated Statements of Cash Flows for the year ended <em style="font: inherit;"> December 31, 2022.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates</b></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:28pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the balance sheet, and reported amounts of revenues and expenses for the period presented. Accordingly, actual results could differ from those estimates.</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:28pt;">Significant estimates include estimates for variable consideration for which reserves were established. These estimates are included in the calculation of net revenues and include trade discounts and allowances, product returns, provider chargebacks and discounts, government rebates, payor rebates, and other incentives, such as voluntary patient assistance, and other allowances that are offered within contracts between the Company and its customers, payors, and other indirect customers relating to the Company’s sale of its products. Other significant estimates also include those related to legal and other expense accruals. </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6929970000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8110814000
CY2023Q4 pbyi Sublease Agreement Potential Milestone Payments
SubleaseAgreementPotentialMilestonePayments
579800000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6929970000
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6806839000
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8110814000
CY2023Q4 pbyi Sublease Agreement Potential Milestone Payments
SubleaseAgreementPotentialMilestonePayments
579800000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2100000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2600000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
2100000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
2600000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
48916000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
6000 usd
CY2023Q4 pbyi Cash Cash Equivalents And Shortterm Investments Fair Value
CashCashEquivalentsAndShorttermInvestmentsFairValue
48912000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
46546000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
-0 usd
CY2022Q4 pbyi Cash Cash Equivalents And Shortterm Investments Fair Value
CashCashEquivalentsAndShorttermInvestmentsFairValue
46546000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Concentration of Risk</b></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:28pt;">Financial instruments, which potentially subject the Company to concentrations of credit risk, principally consist of cash and cash equivalents, marketable securities, and accounts receivable, net. The Company’s cash and cash equivalents and restricted cash in excess of the Federal Deposit Insurance Corporation and the Securities Investor Protection Corporation insured limits at <em style="font: inherit;"> December 31, 2023</em>, were approximately $84.4 million. The Company does <em style="font: inherit;">not</em> believe it is exposed to any significant credit risk due to the quality nature of the financial instruments in which the money is held. Pursuant to the Company’s internal investment policy, investments must be rated A-<em style="font: inherit;">1/P</em>-<em style="font: inherit;">1</em> or better by Standard and Poor’s Rating Service and Moody’s Investors Service at the time of purchase.</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:28pt;">The Company sells its products in the United States primarily through specialty pharmacies and specialty distributors. Therefore, wholesale distributors and large pharmacy chains account for a large portion of its accounts receivables, net and product revenues, net. The creditworthiness of its customers is continuously monitored, and the Company has internal policies regarding customer credit limits. The Company estimates an allowance for credit loss primarily based on the credit worthiness of its customers, historical payment patterns, aging of receivable balances and general economic conditions. The Company recorded $0.9 million credit loss expense in the year ended <em style="font: inherit;"> December 31, 2023, </em>and no such expense in the year ended <em style="font: inherit;"> December 31, 2022. </em>The Company recorded a recovery of credit loss expense of $1.0 million in year ended <em style="font: inherit;"> December 31, 2021.</em></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:28pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 28pt;">As of <em style="font: inherit;"> December </em><em style="font: inherit;">31,</em> <em style="font: inherit;">2023</em> and <em style="font: inherit;">2022,</em> accounts receivable from individual customers with balances due in excess of <em style="font: inherit;">10%</em> of total accounts receivable totaled $32.3 million and $28.9 million, respectively.</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:28pt;">The Company’s success depends on its ability to successfully commercialize NERLYNX. The Company currently has a single product with limited commercial sales experience, which makes it difficult to evaluate its current business, predict its future prospects and forecast financial performance and growth. The Company has invested a significant portion of its efforts and financial resources in the development and commercialization of the lead product, NERLYNX, and expects NERLYNX to constitute the vast majority of product revenue for the foreseeable future.</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:28pt;">The Company relies exclusively on <em style="font: inherit;">third</em> parties to formulate and manufacture NERLYNX and its drug candidates. The commercialization of NERLYNX and any other drug candidates, if approved, could be stopped, delayed or made less profitable if those <em style="font: inherit;">third</em> parties fail to provide sufficient quantities of product or fail to do so at acceptable quality levels or prices. The Company has <em style="font: inherit;">no</em> experience in drug formulation or manufacturing and does <em style="font: inherit;">not</em> intend to establish its own manufacturing facilities. The Company lacks the resources and expertise to formulate or manufacture NERLYNX and other drug candidates. While the drug candidates were developed by Pfizer, both the drug substance and drug product are manufactured by <em style="font: inherit;">third</em>-party contractors. The Company is using the same <em style="font: inherit;">third</em>-party contractors to manufacture, supply, store and distribute drug supplies for clinical trials and the commercialization of NERLYNX. If the Company is unable to continue its relationships with <em style="font: inherit;">one</em> or more of these <em style="font: inherit;">third</em>-party contractors, it could experience delays in the development or commercialization efforts as it locates and qualifies new manufacturers. The Company intends to rely on <em style="font: inherit;">one</em> or more <em style="font: inherit;">third</em>-party contractors to manufacture the commercial supply of drugs.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023Q4 pbyi Cash And Cash Equivalents And Restricted Cash In Excess Of Insured Limits
CashAndCashEquivalentsAndRestrictedCashInExcessOfInsuredLimits
84400000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
900000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
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CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1679000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
820000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2661000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
567000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
186000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
7080000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4526000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
48916000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000 usd
CY2023Q4 pbyi Cash Cash Equivalents And Shortterm Investments Fair Value
CashCashEquivalentsAndShorttermInvestmentsFairValue
48912000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
46546000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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CY2022Q4 pbyi Cash Cash Equivalents And Shortterm Investments Fair Value
CashCashEquivalentsAndShorttermInvestmentsFairValue
46546000 usd
CY2023 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;"><b>Concentration of Risk</b></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:28pt;">Financial instruments, which potentially subject the Company to concentrations of credit risk, principally consist of cash and cash equivalents, marketable securities, and accounts receivable, net. The Company’s cash and cash equivalents and restricted cash in excess of the Federal Deposit Insurance Corporation and the Securities Investor Protection Corporation insured limits at <em style="font: inherit;"> December 31, 2023</em>, were approximately $84.4 million. The Company does <em style="font: inherit;">not</em> believe it is exposed to any significant credit risk due to the quality nature of the financial instruments in which the money is held. Pursuant to the Company’s internal investment policy, investments must be rated A-<em style="font: inherit;">1/P</em>-<em style="font: inherit;">1</em> or better by Standard and Poor’s Rating Service and Moody’s Investors Service at the time of purchase.</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:28pt;">The Company sells its products in the United States primarily through specialty pharmacies and specialty distributors. Therefore, wholesale distributors and large pharmacy chains account for a large portion of its accounts receivables, net and product revenues, net. The creditworthiness of its customers is continuously monitored, and the Company has internal policies regarding customer credit limits. The Company estimates an allowance for credit loss primarily based on the credit worthiness of its customers, historical payment patterns, aging of receivable balances and general economic conditions. The Company recorded $0.9 million credit loss expense in the year ended <em style="font: inherit;"> December 31, 2023, </em>and no such expense in the year ended <em style="font: inherit;"> December 31, 2022. </em>The Company recorded a recovery of credit loss expense of $1.0 million in year ended <em style="font: inherit;"> December 31, 2021.</em></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:28pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 28pt;">As of <em style="font: inherit;"> December </em><em style="font: inherit;">31,</em> <em style="font: inherit;">2023</em> and <em style="font: inherit;">2022,</em> accounts receivable from individual customers with balances due in excess of <em style="font: inherit;">10%</em> of total accounts receivable totaled $32.3 million and $28.9 million, respectively.</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:28pt;">The Company’s success depends on its ability to successfully commercialize NERLYNX. The Company currently has a single product with limited commercial sales experience, which makes it difficult to evaluate its current business, predict its future prospects and forecast financial performance and growth. The Company has invested a significant portion of its efforts and financial resources in the development and commercialization of the lead product, NERLYNX, and expects NERLYNX to constitute the vast majority of product revenue for the foreseeable future.</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:28pt;">The Company relies exclusively on <em style="font: inherit;">third</em> parties to formulate and manufacture NERLYNX and its drug candidates. The commercialization of NERLYNX and any other drug candidates, if approved, could be stopped, delayed or made less profitable if those <em style="font: inherit;">third</em> parties fail to provide sufficient quantities of product or fail to do so at acceptable quality levels or prices. The Company has <em style="font: inherit;">no</em> experience in drug formulation or manufacturing and does <em style="font: inherit;">not</em> intend to establish its own manufacturing facilities. The Company lacks the resources and expertise to formulate or manufacture NERLYNX and other drug candidates. While the drug candidates were developed by Pfizer, both the drug substance and drug product are manufactured by <em style="font: inherit;">third</em>-party contractors. The Company is using the same <em style="font: inherit;">third</em>-party contractors to manufacture, supply, store and distribute drug supplies for clinical trials and the commercialization of NERLYNX. If the Company is unable to continue its relationships with <em style="font: inherit;">one</em> or more of these <em style="font: inherit;">third</em>-party contractors, it could experience delays in the development or commercialization efforts as it locates and qualifies new manufacturers. The Company intends to rely on <em style="font: inherit;">one</em> or more <em style="font: inherit;">third</em>-party contractors to manufacture the commercial supply of drugs.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2023Q4 pbyi Cash And Cash Equivalents And Restricted Cash In Excess Of Insured Limits
CashAndCashEquivalentsAndRestrictedCashInExcessOfInsuredLimits
84400000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
900000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
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5693000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1679000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
820000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2661000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
567000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
186000 usd
CY2023Q4 us-gaap Inventory Net
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7080000 usd
CY2022Q4 us-gaap Inventory Net
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4526000 usd
CY2023Q4 pbyi Cares Act Credit Receivable
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CY2022Q4 pbyi Cares Act Credit Receivable
CaresActCreditReceivable
1920000 usd
CY2023Q4 pbyi Reimbursement Recieavble
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652000 usd
CY2022Q4 pbyi Reimbursement Recieavble
ReimbursementRecieavble
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CY2023Q4 pbyi Receivable Other
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260000 usd
CY2022Q4 pbyi Receivable Other
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509000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
912000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2429000 usd
CY2023Q4 pbyi Average Incremental Borrowing Rate
AverageIncrementalBorrowingRate
0.109 pure
CY2023 us-gaap Amortization Of Intangible Assets
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9700000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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8000000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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8000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9700000 usd
CY2023Q4 pbyi Finitelived Intangible Asset Expected Amortization Year Seven
FinitelivedIntangibleAssetExpectedAmortizationYearSeven
2400000 usd
CY2023Q4 pbyi Trade Accounts Receivable Net Excluding License Revenue Receivable
TradeAccountsReceivableNetExcludingLicenseRevenueReceivable
27669000 usd
CY2023Q4 pbyi Royalty Revenue Receivable
RoyaltyRevenueReceivable
21049000 usd
CY2023Q4 pbyi Cares Act Credit Receivable
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0 usd
CY2022Q4 pbyi Cares Act Credit Receivable
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1920000 usd
CY2023Q4 pbyi Reimbursement Recieavble
ReimbursementRecieavble
652000 usd
CY2022Q4 pbyi Reimbursement Recieavble
ReimbursementRecieavble
0 usd
CY2023Q4 pbyi Receivable Other
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260000 usd
CY2022Q4 pbyi Receivable Other
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509000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
912000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2429000 usd
CY2023Q4 pbyi Average Incremental Borrowing Rate
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0.109 pure
CY2023 us-gaap Amortization Of Intangible Assets
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9700000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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8000000 usd
CY2023Q4 pbyi Finitelived Intangible Asset Expected Amortization Year Seven
FinitelivedIntangibleAssetExpectedAmortizationYearSeven
2400000 usd
CY2022Q4 pbyi Payroll Tax Credit
PayrollTaxCredit
3800000 usd
CY2022Q4 pbyi Royalty Revenue Receivable
RoyaltyRevenueReceivable
12750000 usd
CY2023Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
48718000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
40350000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
881000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023Q4 us-gaap Accounts Receivable Net
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47837000 usd
CY2023Q4 pbyi Trade Accounts Receivable Net Excluding License Revenue Receivable
TradeAccountsReceivableNetExcludingLicenseRevenueReceivable
27669000 usd
CY2022Q4 pbyi Trade Accounts Receivable Net Excluding License Revenue Receivable
TradeAccountsReceivableNetExcludingLicenseRevenueReceivable
27600000 usd
CY2023Q4 pbyi Royalty Revenue Receivable
RoyaltyRevenueReceivable
21049000 usd
CY2022Q4 pbyi Royalty Revenue Receivable
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12750000 usd
CY2023Q4 us-gaap Accounts Receivable Gross
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48718000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
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40350000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023Q4 us-gaap Accounts Receivable Net
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47837000 usd
CY2022Q4 us-gaap Accounts Receivable Net
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40350000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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900000 usd
CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2023Q4 pbyi Prepaid Cro Services Current
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CY2022Q4 us-gaap Accounts Receivable Net
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40350000 usd
CY2023 us-gaap Provision For Doubtful Accounts
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900000 usd
CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2023Q4 pbyi Prepaid Cro Services Current
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6000 usd
CY2022Q4 pbyi Prepaid Cro Services Current
PrepaidCROServicesCurrent
431000 usd
CY2023Q4 pbyi Prepaid Other Clinical Development Current
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534000 usd
CY2022Q4 pbyi Prepaid Other Clinical Development Current
PrepaidOtherClinicalDevelopmentCurrent
1408000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1403000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2318000 usd
CY2023Q4 pbyi Prepaid Professional Fess Current
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1081000 usd
CY2022Q4 pbyi Prepaid Professional Fess Current
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300000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1393000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1445000 usd
CY2023Q4 us-gaap Prepaid Expense Current
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4417000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5902000 usd
CY2023Q4 pbyi Prepaid Other Clinical Development Expense Noncurrent
PrepaidOtherClinicalDevelopmentExpenseNoncurrent
210000 usd
CY2022Q4 pbyi Prepaid Other Clinical Development Expense Noncurrent
PrepaidOtherClinicalDevelopmentExpenseNoncurrent
0 usd
CY2023Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
2524000 usd
CY2022Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
2069000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2734000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2069000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7151000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7971000 usd
CY2022Q4 pbyi Prepaid Cro Services Current
PrepaidCROServicesCurrent
431000 usd
CY2023Q4 pbyi Prepaid Other Clinical Development Current
PrepaidOtherClinicalDevelopmentCurrent
534000 usd
CY2022Q4 pbyi Prepaid Other Clinical Development Current
PrepaidOtherClinicalDevelopmentCurrent
1408000 usd
CY2023Q4 us-gaap Prepaid Insurance
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1403000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
2318000 usd
CY2023Q4 pbyi Prepaid Professional Fess Current
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1081000 usd
CY2022Q4 pbyi Prepaid Professional Fess Current
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300000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
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1393000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5902000 usd
CY2023Q4 pbyi Prepaid Other Clinical Development Expense Noncurrent
PrepaidOtherClinicalDevelopmentExpenseNoncurrent
210000 usd
CY2022Q4 pbyi Prepaid Other Clinical Development Expense Noncurrent
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CY2023Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
2524000 usd
CY2022Q4 us-gaap Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
2069000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2734000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2069000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7151000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7971000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
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8535000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8572000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7680000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7426000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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855000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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1146000 usd
CY2023 us-gaap Depreciation
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Depreciation
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CY2021 us-gaap Depreciation
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CY2023 us-gaap Operating Lease Expense
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4900000 usd
CY2022 us-gaap Operating Lease Expense
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4900000 usd
CY2021 us-gaap Operating Lease Expense
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5100000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8535000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8572000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7680000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7426000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
855000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1146000 usd
CY2022 us-gaap Depreciation
Depreciation
600000 usd
CY2021 us-gaap Depreciation
Depreciation
700000 usd
CY2023 us-gaap Operating Lease Expense
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4900000 usd
CY2022 us-gaap Operating Lease Expense
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4900000 usd
CY2021 us-gaap Operating Lease Expense
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5100000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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5983000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1508000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13296000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1462000 usd
CY2023Q4 us-gaap Operating Lease Liability
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11834000 usd
CY2023 us-gaap Sublease Income
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500000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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1013000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1044000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
266000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2323000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
6084000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M12D
CY2022Q4 pbyi Accrued Manufacturing Costs Current
AccruedManufacturingCostsCurrent
553000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
513000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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215000 usd
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266000 usd
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6084000 usd
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102500000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
41629000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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102500000 usd
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41629000 usd
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2344000 usd
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33997000 usd
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CY2023Q4 us-gaap Long Term Debt
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2344000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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3693000 usd
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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618274
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
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6.61
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
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3.46
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CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
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835297
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7.76
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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582353
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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1.72
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
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618274
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
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6.61
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799376
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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4.25
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3.17
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674010
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
706980
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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3.46
CY2023 us-gaap Defined Contribution Plan Cost Recognized
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1600000 usd
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DefinedContributionPlanCostRecognized
1500000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1500000 usd
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CurrentStateAndLocalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
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CurrentForeignTaxExpenseBenefit
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CurrentForeignTaxExpenseBenefit
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CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1083000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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4200000 usd
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