2021 Q2 Form 10-Q Financial Statement
#000155837021009246 Filed on July 26, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
Revenue | $463.9M | $1.535M | $104.0K |
YoY Change | 30119.41% | -37.95% | -90.85% |
Cost Of Revenue | $23.18M | ||
YoY Change | |||
Gross Profit | $440.7M | ||
YoY Change | |||
Gross Profit Margin | 95.0% | ||
Selling, General & Admin | $17.30M | $11.51M | $9.072M |
YoY Change | 50.28% | 46.26% | 12.46% |
% of Gross Profit | 3.93% | ||
Research & Development | $32.75M | $28.40M | $26.01M |
YoY Change | 15.3% | 17.58% | 26.66% |
% of Gross Profit | 7.43% | ||
Depreciation & Amortization | $1.807M | $1.780M | $1.730M |
YoY Change | 1.52% | 7.88% | 10.19% |
% of Gross Profit | 0.41% | ||
Operating Expenses | $50.05M | $39.91M | $35.09M |
YoY Change | 25.39% | 24.63% | 22.66% |
Operating Profit | $398.0M | -$38.21M | -$34.46M |
YoY Change | -1141.69% | 30.26% | 25.3% |
Interest Expense | $1.902M | $970.0K | $975.0K |
YoY Change | 96.08% | 3.52% | 1.88% |
% of Operating Profit | 0.48% | ||
Other Income/Expense, Net | $226.0K | $500.0K | $339.0K |
YoY Change | -54.8% | 44.09% | -2.87% |
Pretax Income | $402.7M | -$42.55M | -$28.00M |
YoY Change | -1046.45% | 35.52% | 0.82% |
Income Tax | $3.258M | $0.00 | |
% Of Pretax Income | 0.81% | ||
Net Earnings | $399.5M | -$42.55M | -$28.00M |
YoY Change | -1038.82% | 35.51% | 0.82% |
Net Earnings / Revenue | 86.12% | -2771.99% | -26922.12% |
Basic Earnings Per Share | $8.68 | -$0.96 | |
Diluted Earnings Per Share | $8.51 | -$0.96 | -$632.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 46.04M | 44.39M | 44.25M |
Diluted Shares Outstanding | 46.93M | 44.39M |
Balance Sheet
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $677.3M | $314.3M | $342.0M |
YoY Change | 115.5% | 70.72% | 63.79% |
Cash & Equivalents | $677.3M | $314.3M | $342.0M |
Short-Term Investments | |||
Other Short-Term Assets | $14.19M | $1.066M | $1.576M |
YoY Change | 1231.05% | 83.79% | -60.6% |
Inventory | |||
Prepaid Expenses | $10.86M | $4.082M | $5.738M |
Receivables | $2.705M | $200.0K | $300.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $694.2M | $319.6M | $349.6M |
YoY Change | 117.19% | 69.53% | 63.98% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $38.37M | $29.30M | $27.74M |
YoY Change | 30.95% | 4.43% | -40.35% |
Goodwill | $525.0K | $496.0K | $486.0K |
YoY Change | 5.85% | -1.39% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $5.760M | $2.700M | $2.900M |
YoY Change | 113.33% | -6.9% | 0.0% |
Total Long-Term Assets | $90.04M | $65.71M | $64.64M |
YoY Change | 37.03% | 1.81% | 15.85% |
TOTAL ASSETS | |||
Total Short-Term Assets | $694.2M | $319.6M | $349.6M |
Total Long-Term Assets | $90.04M | $65.71M | $64.64M |
Total Assets | $784.3M | $385.3M | $414.2M |
YoY Change | 103.52% | 52.26% | 53.99% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $16.82M | $4.942M | $4.989M |
YoY Change | 240.29% | 9.26% | 42.54% |
Accrued Expenses | $23.53M | $13.25M | $9.507M |
YoY Change | 77.55% | 79.88% | -14.35% |
Deferred Revenue | $6.153M | $6.732M | |
YoY Change | -14.81% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | |||
Total Short-Term Liabilities | $46.10M | $29.84M | $27.13M |
YoY Change | 54.47% | 27.7% | 21.11% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $70.78M | $35.37M | $36.21M |
YoY Change | 100.1% | -1.15% | 1.71% |
Other Long-Term Liabilities | $3.247M | $464.0K | $524.0K |
YoY Change | 599.78% | 17.47% | -99.03% |
Total Long-Term Liabilities | $104.6M | $90.00M | $91.97M |
YoY Change | 16.18% | -7.84% | 2.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $46.10M | $29.84M | $27.13M |
Total Long-Term Liabilities | $104.6M | $90.00M | $91.97M |
Total Liabilities | $150.7M | $119.8M | $119.1M |
YoY Change | 25.72% | -0.98% | 6.43% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$426.8M | -$730.3M | -$687.7M |
YoY Change | -41.55% | 22.8% | |
Common Stock | $2.788M | $2.692M | $2.683M |
YoY Change | 3.57% | 15.69% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $633.6M | $265.5M | $295.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $784.3M | $385.3M | $414.2M |
YoY Change | 103.52% | 52.26% | 53.99% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q2 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $399.5M | -$42.55M | -$28.00M |
YoY Change | -1038.82% | 35.51% | 0.82% |
Depreciation, Depletion And Amortization | $1.807M | $1.780M | $1.730M |
YoY Change | 1.52% | 7.88% | 10.19% |
Cash From Operating Activities | $416.5M | -$29.99M | -$32.95M |
YoY Change | -1488.72% | 23.82% | 24.64% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.311M | -$1.720M | $677.0K |
YoY Change | 34.36% | 43.33% | 189.32% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$2.311M | -$1.720M | -$2.890M |
YoY Change | 34.36% | 43.33% | 134.96% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.010M | ||
YoY Change | -53.63% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.508M | 2.540M | 1.010M |
YoY Change | -1.26% | 370.37% | -62.29% |
NET CHANGE | |||
Cash From Operating Activities | 416.5M | -29.99M | -32.95M |
Cash From Investing Activities | -2.311M | -1.720M | -2.890M |
Cash From Financing Activities | 2.508M | 2.540M | 1.010M |
Net Change In Cash | 416.7M | -29.17M | -35.78M |
YoY Change | -1528.43% | 17.24% | 39.61% |
FREE CASH FLOW | |||
Cash From Operating Activities | $416.5M | -$29.99M | -$32.95M |
Capital Expenditures | -$2.311M | -$1.720M | $677.0K |
Free Cash Flow | $418.8M | -$28.27M | -$33.63M |
YoY Change | -1581.38% | 22.81% | 26.09% |
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-70550000 | ||
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3258000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3471000 | ||
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
399468000 | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42551000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
357912000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-70550000 | ||
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-6942000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
4647000 | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-14502000 | ||
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-630000 | ||
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
392526000 | |
CY2020Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-37904000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
343410000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-71180000 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.68 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.96 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
7.82 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.59 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.51 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.96 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
7.67 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.59 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46037900 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44387463 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45754766 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44333460 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46929870 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44387463 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46678835 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44333460 | ||
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
295147000 | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42551000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
4647000 | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2470000 | |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5723000 | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
69000 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
265505000 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
228690000 | |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
399468000 | |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-6942000 | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1865000 | |
CY2021Q2 | qure |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Tax Effect Prior Years
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsTaxEffectPriorYears
|
2977000 | |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
519000 | |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7031000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
633608000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
323058000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-70550000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-630000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3402000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10078000 | ||
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
265505000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
243905000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
357912000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-14502000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
29564000 | ||
qure |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Tax Effect Prior Years
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsTaxEffectPriorYears
|
2977000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
911000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12792000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
49000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
633608000 | |
us-gaap |
Profit Loss
ProfitLoss
|
357912000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-70550000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3667000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3505000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12792000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10078000 | ||
qure |
Change In Fair Value Of Derivative Financial Instruments And Contingent Consideration
ChangeInFairValueOfDerivativeFinancialInstrumentsAndContingentConsideration
|
-2206000 | ||
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
12279000 | ||
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
908000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-539000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1600000 | ||
qure |
Increase Decrease In Accounts Receivable Prepaid Expense And Other Current Assets
IncreaseDecreaseInAccountsReceivablePrepaidExpenseAndOtherCurrentAssets
|
3355000 | ||
qure |
Increase Decrease In Accounts Receivable Prepaid Expense And Other Current Assets
IncreaseDecreaseInAccountsReceivablePrepaidExpenseAndOtherCurrentAssets
|
-1050000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
10444000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-981000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
5486000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-1332000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
375206000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-62944000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2214000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6191000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2392000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6191000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4606000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
34603000 | ||
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
30899000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1334000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
960000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3549000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
65128000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3549000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1665000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
223000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
432478000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-63778000 | ||
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
247680000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
380726000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
680158000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316948000 | |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
677330000 | |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
314265000 | |
CY2021Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
2828000 | |
CY2020Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
2683000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
680158000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316948000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2943000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
2545000 | ||
qure |
Increase Decrease In Accounts Payable And Accrued Liabilities Related To Non Current Assets
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToNonCurrentAssets
|
3488000 | ||
qure |
Increase Decrease In Accounts Payable And Accrued Liabilities Related To Non Current Assets
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToNonCurrentAssets
|
1021000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:18pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">1</b></span>General business information</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">uniQure (the “Company”) was incorporated on January 9, 2012 as a private company with limited liability (<i style="font-style:italic;">besloten vennootschap met beperkte aansprakelijkheid</i>) under the laws of the Netherlands. The Company is a leader in the field of gene therapy and seeks to deliver to patients suffering from rare and other devastating diseases single treatments with potentially curative results. The Company’s business was founded in 1998 and was initially operated through its predecessor company, Amsterdam Molecular Therapeutics (AMT) Holding N.V (“AMT”). In 2012, AMT undertook a corporate reorganization, pursuant to which uniQure B.V. acquired the entire business and assets of AMT and completed a share-for-share exchange with the shareholders of AMT. Effective February 10, 2014, in connection with its initial public offering, the Company converted into a public company with limited liability (<i style="font-style:italic;">naamloze vennootschap</i>) and changed its legal name from uniQure B.V. to uniQure N.V.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 1pt 0pt 1pt;"><span style="margin-left:0pt;margin-right:0pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">The Company is registered in the trade register of the Chamber of Commerce (<i style="font-style:italic;">Kamer van Koophandel</i>) in Amsterdam, the Netherlands under number 54385229. The Company’s headquarters are in Amsterdam, the Netherlands, and its registered office is located at Paasheuvelweg 25, Amsterdam 1105 BP, the Netherlands and its telephone number is +31 20 240 6000.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">The Company’s ordinary shares are listed on the Nasdaq Global Select Market and trade under the symbol “QURE”.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="display:inline-block;text-align:left;text-indent:0pt;width:18pt;"><b style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:bold;text-align:justify;">2.3</b></span><b style="font-weight:bold;">Use of estimates </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p> | ||
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23526000 | |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
18038000 | |
qure |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Tax Effect Prior Years
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsTaxEffectPriorYears
|
3000000.0 | ||
CY2021Q2 | qure |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Tax Effect Prior Years
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsTaxEffectPriorYears
|
3000000.0 | |
qure |
Gain Loss On Recognition Of Derivatives
GainLossOnRecognitionOfDerivatives
|
0 | ||
CY2021Q2 | qure |
Gain Loss On Recognition Of Derivatives
GainLossOnRecognitionOfDerivatives
|
0 | |
CY2021Q2 | qure |
Number Of Warrant Types
NumberOfWarrantTypes
|
2 | |
qure |
Number Of Collaboration Targets
NumberOfCollaborationTargets
|
4 | ||
CY2021Q2 | qure |
Collaboration Agreement Cash Payable
CollaborationAgreementCashPayable
|
70000000.0 | |
CY2021Q2 | qure |
Collaboration Agreement Cash Payable
CollaborationAgreementCashPayable
|
70000000.0 | |
CY2021Q2 | qure |
Collaboration Agreement Cash Payable
CollaborationAgreementCashPayable
|
70000000.0 | |
CY2021Q2 | qure |
Accruals For Services Provided By Vendors Not Yet Billed Current
AccrualsForServicesProvidedByVendorsNotYetBilledCurrent
|
16734000 | |
CY2020Q4 | qure |
Accruals For Services Provided By Vendors Not Yet Billed Current
AccrualsForServicesProvidedByVendorsNotYetBilledCurrent
|
8269000 | |
CY2021Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6792000 | |
CY2020Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
7687000 | |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2082000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
357912000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-70550000 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
19400000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
900000 | ||
CY2021Q2 | us-gaap |
Other Income
OtherIncome
|
7600000 | |
us-gaap |
Other Income
OtherIncome
|
7900000 | ||
CY2020Q2 | us-gaap |
Other Income
OtherIncome
|
700000 | |
us-gaap |
Other Income
OtherIncome
|
1500000 | ||
qure |
Employee Retention Credit Income
EmployeeRetentionCreditIncome
|
1300000 | ||
CY2021Q2 | qure |
Employee Retention Credit Income
EmployeeRetentionCreditIncome
|
1300000 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3300000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3500000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | ||
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
qure |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Tax Effect Prior Years
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCostsTaxEffectPriorYears
|
3000000.0 | ||
CY2021Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
200000 | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
500000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | ||
CY2020Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.008 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.010 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | ||
CY2021Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
399468000 | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42551000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
357912000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-70550000 | ||
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
399468000 | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-42551000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46037900 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44387463 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45754766 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
44333460 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46929870 | |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44387463 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46678835 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
44333460 | ||
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3393724 | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11600123 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3361343 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11603143 | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
46300000 | ||
qure |
Business Combination Consideration Transferred Equity Interests Issued And Issuable Percentage
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuablePercentage
|
0.25 | ||
CY2021Q2 | qure |
Definitive Transaction Agreement Development Milestone Phase I And Ii
DefinitiveTransactionAgreementDevelopmentMilestonePhaseIAndIi
|
43700000 | |
CY2021Q2 | qure |
Definitive Transaction Agreement Development Milestone Phase Iii
DefinitiveTransactionAgreementDevelopmentMilestonePhaseIii
|
160000000.0 |