2024 Q2 Form 10-Q Financial Statement
#000162828024022266 Filed on May 09, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $3.951M | $2.786M | $2.537M |
| YoY Change | 68.92% | 13.99% | 14.33% |
| % of Gross Profit | |||
| Research & Development | $8.309M | $6.040M | $5.707M |
| YoY Change | 66.98% | 22.64% | 21.76% |
| % of Gross Profit | |||
| Depreciation & Amortization | $89.00K | $81.00K | $76.00K |
| YoY Change | 89.36% | 68.75% | 130.3% |
| % of Gross Profit | |||
| Operating Expenses | $12.26M | $8.826M | $8.300M |
| YoY Change | 67.6% | 19.77% | 19.73% |
| Operating Profit | -$12.26M | -$8.826M | |
| YoY Change | 67.6% | 19.77% | |
| Interest Expense | $1.225M | $81.00K | $239.0K |
| YoY Change | 629.17% | -56.22% | 74.45% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$11.04M | -$8.469M | -$8.061M |
| YoY Change | 57.37% | 18.63% | 18.63% |
| Income Tax | $1.000K | $0.00 | |
| % Of Pretax Income | |||
| Net Earnings | -$11.04M | -$8.469M | -$8.061M |
| YoY Change | 57.36% | 18.63% | 18.63% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | -$0.17 | -$0.29 | |
| Diluted Earnings Per Share | -$0.17 | -$0.29 | -$0.40 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 65.47M shares | 65.47M shares | 20.22M shares |
| Diluted Shares Outstanding | 64.47M shares | 28.75M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $94.46M | $97.55M | $23.77M |
| YoY Change | 153.5% | 221.88% | -39.31% |
| Cash & Equivalents | $17.12M | $29.59M | $23.77M |
| Short-Term Investments | $77.34M | $67.97M | $0.00 |
| Other Short-Term Assets | $2.633M | $821.0K | $4.412M |
| YoY Change | 156.88% | -30.31% | -10.31% |
| Inventory | |||
| Prepaid Expenses | $3.183M | $3.010M | $3.010M |
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $100.3M | $101.4M | $28.18M |
| YoY Change | 142.58% | 193.52% | -36.07% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.083M | $1.086M | $1.061M |
| YoY Change | 124.69% | 120.28% | 97.95% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $27.00K | $30.00K | $33.00K |
| YoY Change | -30.77% | -48.28% | -46.77% |
| Long-Term Investments | $1.469M | $10.17M | |
| YoY Change | |||
| Other Assets | $21.00K | $74.00K | $0.00 |
| YoY Change | |||
| Total Long-Term Assets | $3.781M | $12.69M | $2.571M |
| YoY Change | 65.54% | 417.37% | -2.5% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $100.3M | $101.4M | $28.18M |
| Total Long-Term Assets | $3.781M | $12.69M | $2.571M |
| Total Assets | $104.1M | $114.1M | $30.75M |
| YoY Change | 138.55% | 208.36% | -34.18% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $601.0K | $406.0K | $204.0K |
| YoY Change | 66.02% | -30.12% | 16.57% |
| Accrued Expenses | $923.0K | $604.0K | $691.0K |
| YoY Change | 48.15% | -9.99% | -28.1% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | $540.0K | $1.334M |
| YoY Change | -100.0% | -85.47% | -70.43% |
| Total Short-Term Liabilities | $5.263M | $5.682M | $8.508M |
| YoY Change | -36.04% | -35.59% | -27.01% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $675.0K | $868.0K | $1.055M |
| YoY Change | -52.5% | -45.68% | |
| Total Long-Term Liabilities | $675.0K | $868.0K | $1.055M |
| YoY Change | -52.5% | -45.68% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $5.263M | $5.682M | $8.508M |
| Total Long-Term Liabilities | $675.0K | $868.0K | $1.055M |
| Total Liabilities | $5.938M | $6.550M | $9.563M |
| YoY Change | -38.47% | -37.14% | -28.77% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$532.7M | -$521.7M | -$513.2M |
| YoY Change | 7.12% | 6.4% | 6.22% |
| Common Stock | $631.0M | $629.3M | $534.4M |
| YoY Change | 18.76% | 21.75% | 3.47% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $98.18M | $107.6M | $21.19M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $104.1M | $114.1M | $30.75M |
| YoY Change | 138.55% | 208.36% | -34.18% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$11.04M | -$8.469M | -$8.061M |
| YoY Change | 57.36% | 18.63% | 18.63% |
| Depreciation, Depletion And Amortization | $89.00K | $81.00K | $76.00K |
| YoY Change | 89.36% | 68.75% | 130.3% |
| Cash From Operating Activities | -$11.64M | -$8.742M | -$6.125M |
| YoY Change | 86.13% | 7.74% | -2.05% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $83.00K | $229.0K | $71.00K |
| YoY Change | 22800.0% | 12.7% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | -$78.32M | $5.003M |
| YoY Change | -622.1% | -52.49% | |
| Cash From Investing Activities | -$83.00K | -$78.54M | $4.932M |
| YoY Change | -623.66% | -52.88% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -744.0K | $93.11M | -873.0K |
| YoY Change | -105.63% | -11665.84% | |
| NET CHANGE | |||
| Cash From Operating Activities | -11.64M | -$8.742M | -6.125M |
| Cash From Investing Activities | -83.00K | -$78.54M | 4.932M |
| Cash From Financing Activities | -744.0K | $93.11M | -873.0K |
| Net Change In Cash | -12.46M | $5.819M | -2.066M |
| YoY Change | -279.21% | -4.29% | -149.03% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$11.64M | -$8.742M | -$6.125M |
| Capital Expenditures | $83.00K | $229.0K | $71.00K |
| Free Cash Flow | -$11.72M | -$8.971M | -$6.196M |
| YoY Change | 87.46% | 10.55% | -1.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8469000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7139000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
33291000 | usd |
| CY2022Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.1 | |
| CY2022Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.1 | |
| CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
20222672 | shares |
| CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
20222672 | shares |
| CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2786000 | usd |
| CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2444000 | usd |
| CY2024Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
438000 | usd |
| CY2023Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
415000 | usd |
| CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
81000 | usd |
| CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
185000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8469000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7139000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-45000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
12000 | usd |
| CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8514000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7127000 | usd |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.29 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.29 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.42 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.42 | |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28746802 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28746802 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16844243 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16844243 | shares |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21187000 | usd |
| CY2024Q1 | rgls |
Stock Issued During Period Value Stock Issued From Private Placement Net Of Offering Costs
StockIssuedDuringPeriodValueStockIssuedFromPrivatePlacementNetOfOfferingCosts
|
93897000 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
31000 | usd |
| CY2024Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2000 | usd |
| CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
985000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-45000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8469000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
107588000 | usd |
| CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
21000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8469000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7139000 | usd |
| CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
81000 | usd |
| CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
48000 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
985000 | usd |
| CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
410000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
130000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-56000 | usd |
| CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
32000 | usd |
| CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
31000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
0 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
4000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-445000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-669000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
202000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
406000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
39000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-290000 | usd |
| CY2024Q1 | rgls |
Increase Decrease In Accrued Research And Development Expenses
IncreaseDecreaseInAccruedResearchAndDevelopmentExpenses
|
-221000 | usd |
| CY2023Q1 | rgls |
Increase Decrease In Accrued Research And Development Expenses
IncreaseDecreaseInAccruedResearchAndDevelopmentExpenses
|
-714000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1794000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-1183000 | usd |
| CY2024Q1 | rgls |
Operating Lease Right Of Use And Lease Liabilities Net Gain Loss
OperatingLeaseRightOfUseAndLeaseLiabilitiesNetGainLoss
|
-23000 | usd |
| CY2023Q1 | rgls |
Operating Lease Right Of Use And Lease Liabilities Net Gain Loss
OperatingLeaseRightOfUseAndLeaseLiabilitiesNetGainLoss
|
-18000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-149000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-274000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8742000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8114000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
78315000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
0 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
15000000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
229000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-78544000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
14999000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
93897000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
0 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
32000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
21000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
| CY2024Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
826000 | usd |
| CY2023Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
826000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
93105000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-805000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5819000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6080000 | usd |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23829000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24290000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29648000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30370000 | usd |
| CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
29586000 | usd |
| CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
29586000 | usd |
| CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30308000 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
62000 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
62000 | usd |
| CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
62000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29648000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30370000 | usd |
| CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
45000 | usd |
| CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
148000 | usd |
| CY2024Q1 | rgls |
Financingfrom Sale Proceeds Debt Agreement Revenues
FinancingfromSaleProceedsDebtAgreementRevenues
|
651700000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
107700000 | usd |
| CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Use of Estimates</span></div>Our condensed financial statements are prepared in accordance with GAAP, which requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in our financial statements and accompanying notes. An estimated loss contingency is accrued in our financial statements if it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Although these estimates are based on our knowledge of current events and actions we may undertake in the future, actual results may ultimately differ from these estimates and assumptions. | |
| CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
29509969 | shares |
| CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
14020658 | shares |
| CY2024Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
78184000 | usd |
| CY2024Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
| CY2024Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
45000 | usd |
| CY2024Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
78139000 | usd |
| CY2023 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
0 | usd |
| CY2024Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
105681000 | usd |
| CY2023Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
23084000 | usd |
| rgls |
Number Of Amendments
NumberOfAmendments
|
10 | amendment | |
| CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
65465251 | shares |
| CY2024Q1 | rgls |
Common Stock Voting Rights Votes
CommonStockVotingRightsVotes
|
1 | vote |
| CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7175000 | shares |
| CY2024Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
52969000 | shares |
| CY2024Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
985000 | usd |
| CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
410000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
604000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
824000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
277000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1705000 | usd |
| CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
107000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1598000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
730000 | usd |
| CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
868000 | usd |
