2021 Q4 Form 10-K Financial Statement

#000147929022000034 Filed on February 28, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $25.95M $77.80M $11.13M
YoY Change 133.15% 407.65% 12405.62%
Cost Of Revenue $7.881M $23.41M $3.660M
YoY Change 115.33% 390.78%
Gross Profit $18.07M $54.39M $7.470M
YoY Change 141.89% 415.04%
Gross Profit Margin 69.63% 69.91% 67.12%
Selling, General & Admin $44.56M $198.8M $51.88M
YoY Change -14.11% 30.94% 176.4%
% of Gross Profit 246.62% 365.56% 694.51%
Research & Development $29.47M $116.3M $29.24M
YoY Change 0.78% -7.58% 6.37%
% of Gross Profit 163.09% 213.75% 391.43%
Depreciation & Amortization $5.419M $19.85M $4.320M
YoY Change 25.44% 93.69% 468.42%
% of Gross Profit 29.99% 36.5% 57.83%
Operating Expenses $79.67M $315.1M $85.44M
YoY Change -6.75% 13.48% 84.7%
Operating Profit -$61.60M -$274.7M -$77.97M
YoY Change -20.99% 0.55% 68.88%
Interest Expense -$1.343M $6.273M -$2.870M
YoY Change -53.21% -58.59% -392.86%
% of Operating Profit
Other Income/Expense, Net -$151.0K -$759.0K -$190.0K
YoY Change -20.53% 28.21% 46.15%
Pretax Income -$63.10M -$281.3M -$81.03M
YoY Change -22.13% -1.19% 78.76%
Income Tax $0.00 $0.00 -$2.720M
% Of Pretax Income
Net Earnings -$63.10M -$281.3M -$78.31M
YoY Change -19.43% -0.28% 72.77%
Net Earnings / Revenue -243.15% -361.58% -703.59%
Basic Earnings Per Share -$4.17
Diluted Earnings Per Share -$926.0K -$4.17 -$1.236M
COMMON SHARES
Basic Shares Outstanding 71.79M shares 67.51M shares 66.55M shares
Diluted Shares Outstanding 67.51M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $225.1M $225.1M $436.5M
YoY Change -48.44% -48.44% 50.47%
Cash & Equivalents $110.6M $110.6M $333.6M
Short-Term Investments $114.4M $114.4M $102.9M
Other Short-Term Assets $7.544M $7.544M $5.800M
YoY Change 30.07% 30.07% -10.77%
Inventory $10.20M $10.15M $5.900M
Prepaid Expenses
Receivables $3.348M $3.348M $1.829M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $246.1M $246.1M $450.0M
YoY Change -45.31% -45.31% 51.72%
LONG-TERM ASSETS
Property, Plant & Equipment $24.66M $69.00M $17.50M
YoY Change 40.93% 46.5% 18.6%
Goodwill $147.0M $147.0M
YoY Change 0.0%
Intangibles $55.33M $71.34M
YoY Change -22.44%
Long-Term Investments
YoY Change
Other Assets $8.701M $13.75M $1.334M
YoY Change 552.25% 186.4% -20.07%
Total Long-Term Assets $285.0M $285.0M $270.2M
YoY Change 5.49% 5.49% 518.56%
TOTAL ASSETS
Total Short-Term Assets $246.1M $246.1M $450.0M
Total Long-Term Assets $285.0M $285.0M $270.2M
Total Assets $531.2M $531.2M $720.2M
YoY Change -26.25% -26.25% 111.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.60M $10.60M $12.66M
YoY Change -16.23% -16.51% 58.01%
Accrued Expenses $39.56M $42.86M $32.94M
YoY Change 20.1% 19.39% 76.74%
Deferred Revenue $9.362M $7.851M
YoY Change 19.25% -0.76%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $67.29M $67.29M $60.96M
YoY Change 10.37% 10.31% 48.77%
LONG-TERM LIABILITIES
Long-Term Debt $280.6M $280.6M $180.5M
YoY Change 55.48% 55.48%
Other Long-Term Liabilities $1.485M $114.8M $0.00
YoY Change 9.93% -100.0%
Total Long-Term Liabilities $1.485M $395.4M $0.00
YoY Change 38.79% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $67.29M $67.29M $60.96M
Total Long-Term Liabilities $1.485M $395.4M $0.00
Total Liabilities $462.7M $462.7M $345.9M
YoY Change 33.75% 33.76% 201.34%
SHAREHOLDERS EQUITY
Retained Earnings -$1.398B -$1.126B
YoY Change 24.12% 33.41%
Common Stock $1.466B $1.501B
YoY Change -2.28% 40.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $68.47M $68.47M $374.3M
YoY Change
Total Liabilities & Shareholders Equity $531.2M $531.2M $720.2M
YoY Change -26.25% -26.25% 111.65%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$63.10M -$281.3M -$78.31M
YoY Change -19.43% -0.28% 72.77%
Depreciation, Depletion And Amortization $5.419M $19.85M $4.320M
YoY Change 25.44% 93.69% 468.42%
Cash From Operating Activities -$44.61M -$221.5M -$62.31M
YoY Change -28.4% 24.11% 85.94%
INVESTING ACTIVITIES
Capital Expenditures -$4.357M $10.38M -$2.210M
YoY Change 97.15% 153.17% 662.07%
Acquisitions
YoY Change
Other Investing Activities $32.00M -$19.29M -$6.480M
YoY Change -593.8% -217.98% -120.76%
Cash From Investing Activities $27.64M -$29.67M -$8.690M
YoY Change -418.08% -344.54% -128.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $21.71M
YoY Change -68.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 405.0K $29.87M 67.32M
YoY Change -99.4% -90.99% -41.37%
NET CHANGE
Cash From Operating Activities -44.61M -$221.5M -62.31M
Cash From Investing Activities 27.64M -$29.67M -8.690M
Cash From Financing Activities 405.0K $29.87M 67.32M
Net Change In Cash -16.57M -$221.3M -3.680M
YoY Change 350.14% -234.05% -103.28%
FREE CASH FLOW
Cash From Operating Activities -$44.61M -$221.5M -$62.31M
Capital Expenditures -$4.357M $10.38M -$2.210M
Free Cash Flow -$40.25M -$231.9M -$60.10M
YoY Change -33.02% 27.01% 80.92%

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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 rvnc Proceeds From Issuanceof Follow On Offering Netof Commissionsand Discount
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CY2020 rvnc Proceeds From Issuanceof Follow On Offering Netof Commissionsand Discount
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CY2019 rvnc Proceeds From Issuanceof Follow On Offering Netof Commissionsand Discount
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CY2020 us-gaap Payments For Derivative Instrument Financing Activities
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CY2019 us-gaap Payments For Derivative Instrument Financing Activities
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CY2019 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2019 us-gaap Interest Paid Net
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CY2021 us-gaap Income Taxes Paid
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CY2020 us-gaap Income Taxes Paid
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CY2019 us-gaap Income Taxes Paid
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CY2021 rvnc Internally Developed Software Capitalized From Stock Based Compensation
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CY2020 rvnc Internally Developed Software Capitalized From Stock Based Compensation
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CY2021 us-gaap Use Of Estimates
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<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates &amp; Risks and Uncertainties</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the consolidated financial statements and accompanying notes. These estimates form the basis for judgments we make about the carrying values of our assets and liabilities, which are not readily apparent from other sources. We base our estimates and judgments on historical information and on various other assumptions that we believe are reasonable under the circumstances. U.S. GAAP requires us to make estimates and judgments in several areas, including, but not limited to, the fair value of assets and liabilities assumed in business combinations, the incremental borrowing rate used to measure operating lease liabilities, the recoverability of goodwill and long-lived assets, useful lives associated with property and equipment and intangible assets, the period of benefit associated with deferred costs, revenue recognition (including the timing of satisfaction of performance obligations, estimating variable consideration, estimating stand-alone selling prices of promised goods and services, and allocation of transaction price to performance obligations), deferred revenue classification, accruals for clinical trial costs, valuation and assumptions underlying stock-based compensation and other equity instruments, the fair value of derivative liability, and income taxes.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The full extent of the impact of the COVID-19 pandemic on our future operational and financial performance will depend on future developments that are highly uncertain, including variant strains of the virus and the degree of their vaccine resistance and as a result of new information that may emerge concerning COVID-19, the actions taken to contain or treat it, and the duration and intensity of the related effects. The ongoing COVID-19 pandemic has and may continue to negatively affect global economic activity, the regulatory approval process for our product candidates, our supply chain, research and development activities, end user demand for our products and services and commercialization activities. The COVID-19 pandemic has caused delays in the regulatory approval process for DaxibotulinumtoxinA for Injection. In November 2020, the FDA deferred a decision on the BLA for DaxibotulinumtoxinA for Injection for the treatment of glabellar lines. The FDA reiterated that an inspection of our manufacturing facility was required as part of the BLA approval process, but the FDA was unable to conduct the required inspection due to the FDA’s travel restrictions associated with the COVID-19 pandemic. Although the inspection has been completed, in October 2021, we received a CRL due to deficiencies related to the FDA’s onsite inspection at our manufacturing facility. Resubmission of the BLA requires the remediation of the deficiencies identified by the FDA during the inspection, and a reinspection is required. We cannot be certain of the impact of the COVID-19 pandemic on the regulatory approval process for the BLA for DaxibotulinumtoxinA for Injection for the treatment of glabellar lines, including the timing of the FDA's reinspection of the manufacturing facility, or the future impact of the COVID-19 pandemic on the timing of the regulatory approval process for DaxibotulinumtoxinA for Injection in indications outside of glabellar lines or on any supplemental BLAs we may file.</span></div>As of the date of issuance of these consolidated financial statements, we are not aware of any specific event or circumstance that would require us to update our estimates, judgments or revise the carrying value of our assets or liabilities. These estimates may change as new events occur and additional information is obtained, and are recognized in the consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to our consolidated financial statements.
CY2019 rvnc Internally Developed Software Capitalized From Stock Based Compensation
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0 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
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CY2020 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
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CY2019 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
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CY2019 us-gaap Stock Issued1
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CY2020 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
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43400000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
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CY2021 us-gaap Net Income Loss
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CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
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225100000 USD
CY2021 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Risks</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to a concentration of credit risk consist of short-term investments. Under our investment policy, we limit our credit exposure by investing in highly liquid funds and debt obligations of the U.S. government and its agencies with high credit quality. Our cash, cash equivalents, and short-term investments are held in the U.S. Such deposits may, at times, exceed federally insured limits. We have not experienced any significant losses on our deposits of cash, cash equivalents, and short-term investments.</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of our product revenue was related to sales through one third-party distributor.</span></div>
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CY2021 us-gaap Goodwill Impairment Loss
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q4 us-gaap Contract With Customer Liability
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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CY2021 rvnc Contract With Customer Liability Billings And Adjustments Net
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2589000 USD
CY2021Q4 us-gaap Contract With Customer Liability
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CY2021Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
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0 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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18000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
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204803000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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380576000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
380576000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
204803000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
380576000 USD
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CY2020 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
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0 USD
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78534000 USD
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23200000 USD
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55334000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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78534000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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7191000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
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71343000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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16008000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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7192000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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16625000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
16625000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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10837000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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5967000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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4606000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
674000 USD
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55334000 USD
CY2021Q4 us-gaap Inventory Net
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10200000 USD
CY2020Q4 us-gaap Inventory Net
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5900000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
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22761000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
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17374000 USD
CY2021Q4 rvnc Selling General And Administrative Accrued
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5688000 USD
CY2020Q4 rvnc Selling General And Administrative Accrued
SellingGeneralAndAdministrativeAccrued
5454000 USD
CY2021Q4 rvnc Research And Development Accrual
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5152000 USD
CY2020Q4 rvnc Research And Development Accrual
ResearchAndDevelopmentAccrual
1229000 USD
CY2021Q4 rvnc Accruals Clinical Trials Current
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2172000 USD
CY2020Q4 rvnc Accruals Clinical Trials Current
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3726000 USD
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1887000 USD
CY2020Q4 us-gaap Interest Payable Current
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1887000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
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1442000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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1472000 USD
CY2021Q4 rvnc Accrued Inventory Current
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456000 USD
CY2020Q4 rvnc Accrued Inventory Current
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1796000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
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39558000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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32938000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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47990000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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36990000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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23329000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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19491000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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24661000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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17499000 USD
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P8Y3M18D
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CY2020 us-gaap Operating Lease Cost
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5932000 USD
CY2019 us-gaap Operating Lease Cost
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5618000 USD
CY2021 us-gaap Variable Lease Cost
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1490000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
912000 USD
CY2019 us-gaap Variable Lease Cost
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1184000 USD
CY2021 us-gaap Lease Cost
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CY2020 us-gaap Lease Cost
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6844000 USD
CY2019 us-gaap Lease Cost
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6802000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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8388000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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8468000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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8723000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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8981000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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9242000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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17146000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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60948000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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17071000 USD
CY2021Q4 us-gaap Operating Lease Liability
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43877000 USD
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0.098
CY2019 us-gaap Operating Lease Payments
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6339000 USD
CY2021 us-gaap Operating Lease Payments
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10405000 USD
CY2020 us-gaap Operating Lease Payments
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6790000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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18854000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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5683000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3890000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Second Year
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30000000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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30000000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Third Year
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30000000 USD
CY2021 rvnc Purchase Obligation Term Of Written Notice
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P18M
CY2021Q2 rvnc Collaborative Agreement Extended Contractual Period
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CY2021Q4 us-gaap Other Commitment Due In Next Twelve Months
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20000000 USD
CY2021Q4 us-gaap Other Commitment Due In Second Year
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CY2021Q4 us-gaap Other Commitment Due In Third Year
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18000000 USD
CY2021Q4 us-gaap Other Commitment Due In Fourth Year
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25000000 USD
CY2021Q4 us-gaap Other Commitment Due In Fifth Year
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30000000 USD
CY2021Q4 us-gaap Other Commitment Due After Fifth Year
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135000000 USD
CY2021 us-gaap Interest Expense Debt Excluding Amortization
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CY2020 us-gaap Interest Expense Debt Excluding Amortization
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CY2021 us-gaap Amortization Of Financing Costs
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1250000 USD
CY2020 us-gaap Amortization Of Financing Costs
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333000 USD
CY2021 us-gaap Amortization Of Debt Discount Premium
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CY2020 us-gaap Amortization Of Debt Discount Premium
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CY2021 us-gaap Interest Expense Debt
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6281000 USD
CY2020 us-gaap Interest Expense Debt
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15142000 USD
CY2020Q1 us-gaap Payments For Derivative Instrument Financing Activities
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28900000 USD
CY2020Q1 rvnc Capped Calls Price Cap
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48.88
CY2020Q1 rvnc Capped Calls Premium Percentage Over Sale Price
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1
CY2020Q1 rvnc Capped Calls Number Of Shares Subject To Anti Dilution Adjustments
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8900000 shares
CY2020Q1 us-gaap Payments For Derivative Instrument Financing Activities
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28900000 USD
CY2021 rvnc Numberof Equity Compensation Plans
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4 equity_compensation_plan
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
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P10Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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22.66
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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14.53
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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8.29
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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11.76
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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22.40
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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19.34
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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22.71
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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13.10
CY2020 rvnc Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Acquisition
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801600 shares
CY2020 rvnc Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Acquisition Weighted Average Exercise Price
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2.20
CY2020 rvnc Share Based Compensation Arrangement By Share Based Payment Award Options Assumed In Acquisition Weighted Average Grant Date Fair Value
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21.36
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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624832 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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8.40
CY2020Q4 rvnc Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercised Aggregate Intrinsic Value
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12460000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
232315 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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19.94
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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5716744 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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18.72
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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27.82
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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15.38
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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13.38
CY2021Q4 rvnc Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercised Aggregate Intrinsic Value
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3619000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
592850 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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26.87
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4808286 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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19.97
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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9508000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
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3071758 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
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19.85
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y2M12D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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6065000 USD
CY2019 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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10.78
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.00
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
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13.06
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
28.01
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
17.65
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Allocated Share Based Compensation Expense
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43434000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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36453000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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17922000 USD
CY2021Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Restricted Stock Awards
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49318000 USD
CY2021 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Restricted Stock Awards
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1RestrictedStockAwards
P2Y4M24D
CY2020Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Restricted Stock Awards
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50616000 USD
CY2020 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Restricted Stock Awards
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1RestrictedStockAwards
P2Y8M12D
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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18110000 USD
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y2M12D
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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27418000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y7M6D
CY2021Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Performance Stock Awards
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1433000 USD
CY2021 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Performance Stock Awards
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1PerformanceStockAwards
P1Y7M6D
CY2020Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Performance Stock Awards
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10774000 USD
CY2020 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Performance Stock Awards
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1PerformanceStockAwards
P1Y
CY2021Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Total Unrecognized Compensation Cost
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68861000 USD
CY2021 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Total Unrecognized Compensation Cost
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1TotalUnrecognizedCompensationCost
P2Y3M18D
CY2020Q4 rvnc Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Total Unrecognized Compensation Cost
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedTotalUnrecognizedCompensationCost
88808000 USD
CY2020 rvnc Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 Total Unrecognized Compensation Cost
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1TotalUnrecognizedCompensationCost
P2Y6M
CY2021Q4 us-gaap Convertible Debt Fair Value Disclosures
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257100000 USD
CY2021Q4 rvnc Stock Issuance Sales Agreement Available Amount
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32600000 USD
CY2020Q4 us-gaap Convertible Debt Fair Value Disclosures
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326200000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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-2720000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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