2022 Q3 Form 10-Q Financial Statement

#000158364822000065 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $5.370M $3.698M $10.99M
YoY Change 32.36% 12.57% -29.71%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.949M $4.081M $4.379M
YoY Change -4.43% -3.89% 6.03%
% of Gross Profit
Research & Development $13.59M $11.95M $14.07M
YoY Change -28.24% -24.39% -15.07%
% of Gross Profit
Depreciation & Amortization $767.0K $583.0K $845.0K
YoY Change 26.15% -4.74% 34.13%
% of Gross Profit
Operating Expenses $17.54M $16.03M $18.45M
YoY Change -23.98% -20.04% -10.86%
Operating Profit -$12.17M -$12.33M -$7.457M
YoY Change -36.0% -26.44% 47.4%
Interest Expense $241.0K $132.0K -$3.000K
YoY Change 5925.0% 4300.0% -200.0%
% of Operating Profit
Other Income/Expense, Net $723.0K $676.0K $229.0K
YoY Change 6.64% 45.69% -74.1%
Pretax Income -$9.736M -$10.34M -$5.101M
YoY Change -41.12% -33.29% 22.33%
Income Tax
% Of Pretax Income
Net Earnings -$9.700M -$10.30M -$5.100M
YoY Change -41.21% -33.55% 21.43%
Net Earnings / Revenue -180.63% -278.53% -46.41%
Basic Earnings Per Share -$0.13 -$0.14 -$0.07
Diluted Earnings Per Share -$130.9K -$0.14 -$0.07
COMMON SHARES
Basic Shares Outstanding 74.41M shares 74.13M shares 73.71M shares
Diluted Shares Outstanding 74.13M shares 73.71M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.82M $80.94M $100.3M
YoY Change -44.16% -32.04% 50.1%
Cash & Equivalents $48.42M $54.26M $83.74M
Short-Term Investments $21.40M $26.68M $16.53M
Other Short-Term Assets $7.908M $8.704M $9.837M
YoY Change 32.93% 50.77% 75.66%
Inventory
Prepaid Expenses
Receivables $829.0K $1.264M $1.644M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $78.56M $90.90M $111.7M
YoY Change -42.93% -28.8% 26.6%
LONG-TERM ASSETS
Property, Plant & Equipment $15.90M $17.43M $18.85M
YoY Change -18.95% -14.45% -8.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.307M $2.358M $2.673M
YoY Change -55.69% -24.5% -16.81%
Total Long-Term Assets $20.60M $23.41M $25.37M
YoY Change -22.36% -14.45% -7.81%
TOTAL ASSETS
Total Short-Term Assets $78.56M $90.90M $111.7M
Total Long-Term Assets $20.60M $23.41M $25.37M
Total Assets $99.16M $114.3M $137.1M
YoY Change -39.6% -26.27% 18.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.641M $1.898M $4.496M
YoY Change 2.22% -17.84% 29.68%
Accrued Expenses $11.38M $10.18M $11.86M
YoY Change -42.18% -36.73% 24.01%
Deferred Revenue $18.50M $22.86M $20.91M
YoY Change -30.06% -10.47% 21.33%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.52M $35.55M $39.48M
YoY Change -32.55% -19.08% 30.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $29.88M $34.40M $44.18M
YoY Change
Total Long-Term Liabilities $29.88M $34.40M $44.18M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $33.52M $35.55M $39.48M
Total Long-Term Liabilities $29.88M $34.40M $44.18M
Total Liabilities $63.40M $69.94M $83.67M
YoY Change -42.54% -35.42% 7.89%
SHAREHOLDERS EQUITY
Retained Earnings -$282.3M -$272.6M -$262.2M
YoY Change 14.01% 17.96% 21.61%
Common Stock $74.00K $316.3M $314.7M
YoY Change -99.98% 13.96% 24.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.77M $44.37M $53.45M
YoY Change
Total Liabilities & Shareholders Equity $99.16M $114.3M $137.1M
YoY Change -39.6% -26.27% 18.42%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$9.700M -$10.30M -$5.100M
YoY Change -41.21% -33.55% 21.43%
Depreciation, Depletion And Amortization $767.0K $583.0K $845.0K
YoY Change 26.15% -4.74% 34.13%
Cash From Operating Activities -$8.778M -$15.58M -$22.64M
YoY Change -39.4% -152.09% 86.55%
INVESTING ACTIVITIES
Capital Expenditures -$34.00K -$629.0K $389.0K
YoY Change -90.29% 177.09% 1289.29%
Acquisitions
YoY Change
Other Investing Activities $5.504M -$10.24M -$16.56M
YoY Change
Cash From Investing Activities $5.470M -$10.86M -$16.95M
YoY Change -1662.86% 4686.34% 60428.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.473M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 282.0K 281.0K $6.558M
YoY Change -98.71% -98.76% -32.34%
NET CHANGE
Cash From Operating Activities -8.778M -15.58M -$22.64M
Cash From Investing Activities 5.470M -10.86M -$16.95M
Cash From Financing Activities 282.0K 281.0K $6.558M
Net Change In Cash -3.026M -26.16M -$34.03M
YoY Change -142.73% -150.02% 844.93%
FREE CASH FLOW
Cash From Operating Activities -$8.778M -$15.58M -$22.64M
Capital Expenditures -$34.00K -$629.0K $389.0K
Free Cash Flow -$8.744M -$14.95M -$23.03M
YoY Change -38.13% -149.61% 89.31%

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pirs Stock Issued During Period Value Conversion Of Preferred Stock
StockIssuedDuringPeriodValueConversionOfPreferredStock
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
46721000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
50755000 usd
us-gaap Net Income Loss
NetIncomeLoss
-15439000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
152000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2479000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
95000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
104000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
44365000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
1428000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
1242000 usd
pirs Operating Lease Right Of Use Asset Accretion
OperatingLeaseRightOfUseAssetAccretion
5000 usd
pirs Operating Lease Right Of Use Asset Accretion
OperatingLeaseRightOfUseAssetAccretion
48000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2479000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2525000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-40000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-214000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
14000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
26938000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-33733000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38221000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17768000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1018000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
257000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4850000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
31645000 usd
us-gaap Net Income Loss
NetIncomeLoss
-19700000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27813000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-257000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
95000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
292000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
837000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
104000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
96000 usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 usd
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
18913000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
300000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6640000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
12172000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6839000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
32310000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-272600000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4312000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1160000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-63507000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
48661000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
117764000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70436000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54257000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
119097000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
152000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
pirs Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
15000 usd
pirs Property And Equipment Included In Accounts Payable
PropertyAndEquipmentIncludedInAccountsPayable
0 usd
CY2022Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
80900000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-10300000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-15500000 usd
us-gaap Net Income Loss
NetIncomeLoss
-15400000 usd
us-gaap Use Of Estimates
UseOfEstimates
The preparation of the financial statements in accordance with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and the related disclosures at the date of the financial statements and during the reporting period. Significant estimates are used for, but are not limited to, revenue recognition; deferred tax assets, deferred tax liabilities and valuation allowances; determination of the incremental borrowing rate to calculate right-of-use assets and lease liabilities; beneficial conversion features; fair value of stock options, preferred stock, and warrants; and prepaid and accrued clinical trial expenses. Management evaluates its estimates on an ongoing basis. Actual results and outcomes could differ materially from management’s estimates, judgments and assumptions.
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
The Company has no financial instruments with off-balance sheet risk such as foreign exchange contracts, option contracts or other foreign hedging arrangements. Financial instruments that subject Pieris to concentrations of credit risk include cash and cash equivalents, investments, and accounts receivable. The Company’s cash, cash equivalents, and investments are held in accounts with financial institutions that management believes are creditworthy. The Company’s investment policy includes guidelines on the quality of the institutions and financial instruments and defines allowable investments that the Company believes minimize the exposure to concentration of credit risk. The Company has not experienced any credit losses in such accounts and does not believe it is exposed to any significant credit risk on these funds. Accounts receivable primarily consist of amounts due under strategic partnership and other license agreements with major multi-national pharmaceutical companies for which the Company does not obtain collateral.
CY2022Q2 us-gaap Revenues
Revenues
3698000 usd
CY2021Q2 us-gaap Revenues
Revenues
3285000 usd
us-gaap Revenues
Revenues
14686000 usd
us-gaap Revenues
Revenues
18918000 usd
CY2017Q2 pirs Number Of Technology Licenses
NumberOfTechnologyLicenses
5 lease_agreement
CY2022Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3700000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14300000 usd
CY2021Q2 us-gaap Grants Receivable
GrantsReceivable
14200000 eur
CY2021Q2 us-gaap Grants Receivable
GrantsReceivable
17000000 usd
CY2022Q2 pirs Cash Equivalents And Investments
CashEquivalentsAndInvestments
51867000 usd
CY2021Q4 pirs Cash Equivalents And Investments
CashEquivalentsAndInvestments
56885000 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
26527000 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
191000 usd
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
39000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
26679000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25675000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
26839000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8245000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7717000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17430000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19122000 usd
CY2022Q2 pirs Accrued Research And Development Costs
AccruedResearchAndDevelopmentCosts
4457000 usd
CY2021Q4 pirs Accrued Research And Development Costs
AccruedResearchAndDevelopmentCosts
5682000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2462000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3581000 usd
CY2022Q2 pirs Accrued License Obligations Current
AccruedLicenseObligationsCurrent
1338000 usd
CY2021Q4 pirs Accrued License Obligations Current
AccruedLicenseObligationsCurrent
1541000 usd
CY2022Q2 pirs Accrued Accounts Payable Current
AccruedAccountsPayableCurrent
1004000 usd
CY2021Q4 pirs Accrued Accounts Payable Current
AccruedAccountsPayableCurrent
2980000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
914000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1049000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
610000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
393000 usd
CY2022Q2 pirs Accrued Collaboration Costs Current
AccruedCollaborationCostsCurrent
0 usd
CY2021Q4 pirs Accrued Collaboration Costs Current
AccruedCollaborationCostsCurrent
1610000 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
10785000 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
16836000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39600000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
36500000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
74257587 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
74257587 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
72222661 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
72222661 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
15617 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
15617 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
15617 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
15617 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
331000 usd
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
379000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
165000 usd
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
181000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
496000 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
560000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.105
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1100000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1152000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2059000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2059000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2059000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2059000 usd
CY2022Q2 pirs Lessee Operating Lease Liability To Be Paid Due After Year Four
LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour
11494000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
20882000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7632000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
13250000 usd

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