2022 Q3 Form 10-Q Financial Statement
#000156459022027895 Filed on August 04, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $174.0K | $625.0K | $1.362M |
YoY Change | -87.56% | -95.44% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $6.952M | $7.675M | $8.825M |
YoY Change | 1.65% | 12.5% | 38.98% |
% of Gross Profit | |||
Research & Development | $11.98M | $15.37M | $16.98M |
YoY Change | -19.36% | 13.21% | 43.15% |
% of Gross Profit | |||
Depreciation & Amortization | $401.0K | $378.0K | $403.0K |
YoY Change | -2.67% | -3.82% | 13.52% |
% of Gross Profit | |||
Operating Expenses | $18.93M | $23.05M | $25.80M |
YoY Change | -12.74% | 12.97% | 41.7% |
Operating Profit | -$18.76M | -$22.42M | -$24.44M |
YoY Change | -7.58% | 234.42% | |
Interest Expense | $288.0K | $104.0K | $35.00K |
YoY Change | 700.0% | 447.37% | 75.0% |
% of Operating Profit | |||
Other Income/Expense, Net | $312.0K | $109.0K | -$30.00K |
YoY Change | -1400.0% | -430.3% | 0.0% |
Pretax Income | -$18.44M | -$22.31M | -$24.44M |
YoY Change | -9.06% | 231.17% | 34.12% |
Income Tax | -$209.0K | $9.000K | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$18.23M | -$22.32M | -$24.44M |
YoY Change | -10.21% | 226.84% | 34.13% |
Net Earnings / Revenue | -10479.31% | -3571.68% | -1794.13% |
Basic Earnings Per Share | -$0.19 | -$0.27 | -$0.37 |
Diluted Earnings Per Share | -$0.19 | -$0.27 | -$370.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 61.17M | 82.21M | 66.00M |
Diluted Shares Outstanding | 94.20M | 82.21M | 66.00M |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $73.68M | $88.55M | $68.55M |
YoY Change | -35.52% | -32.11% | -46.65% |
Cash & Equivalents | $38.99M | $37.47M | $16.47M |
Short-Term Investments | $34.69M | $51.08M | $52.09M |
Other Short-Term Assets | $7.874M | $7.617M | $4.859M |
YoY Change | 54.82% | 31.55% | 47.24% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $82.22M | $96.65M | $72.60M |
YoY Change | -30.03% | -28.07% | -52.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.555M | $3.890M | $7.946M |
YoY Change | -59.66% | -57.81% | -17.23% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $749.0K | $752.0K | $2.628M |
YoY Change | -72.6% | -77.84% | 1.08% |
Total Long-Term Assets | $9.347M | $10.06M | $10.57M |
YoY Change | -19.05% | -20.24% | -13.33% |
TOTAL ASSETS | |||
Total Short-Term Assets | $82.22M | $96.65M | $72.60M |
Total Long-Term Assets | $9.347M | $10.06M | $10.57M |
Total Assets | $91.57M | $106.7M | $83.17M |
YoY Change | -29.05% | -27.4% | -49.16% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.178M | $1.958M | $2.981M |
YoY Change | 124.26% | -11.84% | 56.89% |
Accrued Expenses | $13.00M | $13.61M | $11.25M |
YoY Change | -5.66% | 5.91% | -0.46% |
Deferred Revenue | $2.679M | $2.663M | $2.809M |
YoY Change | -58.17% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $17.68M | $15.86M | $16.30M |
YoY Change | -13.46% | -23.01% | -49.7% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $5.215M |
YoY Change | -100.0% | -100.0% | 2431.55% |
Total Long-Term Liabilities | $0.00 | $0.00 | $5.215M |
YoY Change | -100.0% | -100.0% | 2431.55% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.68M | $15.86M | $16.30M |
Total Long-Term Liabilities | $0.00 | $0.00 | $5.215M |
Total Liabilities | $24.01M | $22.55M | $21.51M |
YoY Change | -11.0% | -19.34% | -46.03% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$406.8M | -$388.6M | -$366.2M |
YoY Change | 26.57% | 29.06% | 24.47% |
Common Stock | $474.5M | $472.9M | |
YoY Change | 12.59% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $67.56M | $84.16M | $61.66M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $91.57M | $106.7M | $83.17M |
YoY Change | -29.05% | -27.4% | -49.17% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$18.23M | -$22.32M | -$24.44M |
YoY Change | -10.21% | 226.84% | 34.13% |
Depreciation, Depletion And Amortization | $401.0K | $378.0K | $403.0K |
YoY Change | -2.67% | -3.82% | 13.52% |
Cash From Operating Activities | -$15.07M | -$20.67M | -$26.26M |
YoY Change | -11.36% | -1092.94% | 34.48% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.000K | $0.00 | $37.00K |
YoY Change | -98.92% | -100.0% | -91.78% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $16.50M | $750.0K | $25.80M |
YoY Change | 181.09% | -101.58% | 164.57% |
Cash From Investing Activities | $16.50M | $750.0K | $25.76M |
YoY Change | 185.6% | -101.58% | 176.98% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $42.90M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -130.0K | 42.80M | 12.00K |
YoY Change | -111.37% | -22628.42% | -96.69% |
NET CHANGE | |||
Cash From Operating Activities | -15.07M | -20.67M | -26.26M |
Cash From Investing Activities | 16.50M | 750.0K | 25.76M |
Cash From Financing Activities | -130.0K | 42.80M | 12.00K |
Net Change In Cash | 1.301M | 22.88M | -515.0K |
YoY Change | -112.91% | -150.32% | -94.78% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$15.07M | -$20.67M | -$26.26M |
Capital Expenditures | -$1.000K | $0.00 | $37.00K |
Free Cash Flow | -$15.07M | -$20.67M | -$26.30M |
YoY Change | -10.88% | -1078.84% | 31.63% |
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us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-151000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-6000 | ||
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-22390000 | |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6844000 | |
CY2021Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-16000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6830000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
119024000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-46759000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-25048000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
781000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
753000 | ||
agle |
Payment For Discount Premium On Investments Net
PaymentForDiscountPremiumOnInvestmentsNet
|
-239000 | ||
agle |
Payment For Discount Premium On Investments Net
PaymentForDiscountPremiumOnInvestmentsNet
|
405000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
23000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-341000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4118000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3837000 | ||
agle |
Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
|
191000 | ||
agle |
Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
|
219000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
7000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-4000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-336000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | ||
agle |
Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
|
-250000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-914000 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
7804000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-877000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-1867000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-55326000 | ||
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
16980000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
91937000 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
39274000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36611000 | |
agle |
Leased Assets Obtained In Exchange For Lease Obligations
LeasedAssetsObtainedInExchangeForLeaseObligations
|
0 | ||
agle |
Leased Assets Obtained In Exchange For Lease Obligations
LeasedAssetsObtainedInExchangeForLeaseObligations
|
872000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
23000 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
CY2022Q2 | agle |
Working Capital
WorkingCapital
|
80800000 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-388600000 | |
CY2022Q2 | agle |
Cash Cash Equivalents Marketable Securities And Restricted Cash
CashCashEquivalentsMarketableSecuritiesAndRestrictedCash
|
90400000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Arial;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Management bases its estimates on historical experience and on various other market-specific and relevant assumptions that management believes to be reasonable under the circumstances, the results of which form the basis for making judgements about the carrying value of assets, liabilities, and equity and the amount of revenues and expenses. Actual results could differ significantly from those estimates. The most significant estimates and assumptions that management considers in the preparation of our financial statements relate to accrued research and development costs and revenue recognition.</p> | ||
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
3000 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
41000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
77986000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
59998000 | |
CY2021Q4 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
41000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
59998000 | |
CY2021Q4 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
41000 | |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
38 | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Arial;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to a concentration of credit risk consist of cash, cash equivalents, marketable securities, and restricted cash. The Company’s investment policy limits investments to high credit quality securities issued by the U.S. government, U.S. government-sponsored agencies, highly rated banks, and corporate issuers, subject to certain concentration limits and restrictions on maturities. The Company’s cash, cash equivalents, marketable securities, and restricted cash are held by financial institutions that management believes are of high credit quality. Amounts on deposit may at times exceed federally insured limits. The Company has not experienced any losses on its deposits of cash, cash equivalents, and restricted cash and its accounts are monitored by management to mitigate risk. The Company is exposed to credit risk in the event of default by the financial institutions holding its cash, cash equivalents, and restricted cash, and bond issuers.</p> | ||
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
51080000 | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | ||
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | ||
CY2021Q2 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | |
CY2022Q2 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
66297000 | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
29 | |
CY2022Q2 | agle |
Number Of Subsidiary Corporations Owned
NumberOfSubsidiaryCorporationsOwned
|
10 | |
CY2022Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
28479000 | |
CY2022Q2 | agle |
Cash Equivalents Unrealized Losses
CashEquivalentsUnrealizedLosses
|
7000 | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
28472000 | |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
51263000 | |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
183000 | |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
51080000 | |
CY2021Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
8888000 | |
CY2021Q4 | agle |
Cash Equivalents Unrealized Losses
CashEquivalentsUnrealizedLosses
|
0 | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
8888000 | |
CY2021Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
78024000 | |
CY2022Q2 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
190000 | |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
66297000 | |
CY2022Q2 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
190000 | |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
51080000 | |
CY2022Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
3663000 | |
CY2021Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
4988000 | |
CY2022Q2 | agle |
Accrued Contracted Research And Development Costs
AccruedContractedResearchAndDevelopmentCosts
|
7098000 | |
CY2021Q4 | agle |
Accrued Contracted Research And Development Costs
AccruedContractedResearchAndDevelopmentCosts
|
5995000 | |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1914000 | |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
2264000 | |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
461000 | |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
783000 | |
CY2022Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
13136000 | |
CY2021Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
14030000 | |
CY2022Q2 | agle |
Class Of Warrant Or Right Offering Price Of Warrants Or Rights
ClassOfWarrantOrRightOfferingPriceOfWarrantsOrRights
|
1.5999 | |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.0001 | |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
42900000 | |
CY2022Q2 | agle |
Placement Agent Fees And Offering Costs
PlacementAgentFeesAndOfferingCosts
|
2100000 | |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.0001 | |
agle |
Maximum Ownership Percentage For Outstanding Warrants To Purchase Shares Of Common Stock To Be Exercised
MaximumOwnershipPercentageForOutstandingWarrantsToPurchaseSharesOfCommonStockToBeExercised
|
0.0499 | ||
agle |
Maximum Ownership Percentage For Outstanding Warrants To Purchase Shares Of Common Stock To Be Exercised To Certain Holders
MaximumOwnershipPercentageForOutstandingWarrantsToPurchaseSharesOfCommonStockToBeExercisedToCertainHolders
|
0.0999 | ||
agle |
Period After Notice Received By Company Maximum Ownership Percentage To Be Effective Description
PeriodAfterNoticeReceivedByCompanyMaximumOwnershipPercentageToBeEffectiveDescription
|
The revised Maximum Ownership Percentage would be effective 61 days after the notice is received by the Company | ||
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3576000 | |
agle |
Contract With Customer Liability Revenue Recognized Including Additions
ContractWithCustomerLiabilityRevenueRecognizedIncludingAdditions
|
1074000 | ||
agle |
Contract With Customer Liability Deductions Through Contracts Acquired
ContractWithCustomerLiabilityDeductionsThroughContractsAcquired
|
1987000 | ||
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2663000 | |
CY2021Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
0 | |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
0 | |
CY2021Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
0 | |
dei |
Local Phone Number
LocalPhoneNumber
|
942-2935 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
805 Las Cimas Parkway | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Austin | ||
dei |
City Area Code
CityAreaCode
|
512 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
AEGLEA BIOTHERAPEUTICS, INC. | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
46-4312787 | ||
dei |
Entity File Number
EntityFileNumber
|
001-37722 | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
CY2022Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.0001 Par Value Per Share | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 100 | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
78746 | ||
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | ||
dei |
Trading Symbol
TradingSymbol
|
AGLE | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-06-30 | ||
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
752000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
109926000 | |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
37470000 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3615000 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
842000 | |
CY2022Q2 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
479000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
436000 | |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
51080000 | |
CY2021Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2359000 | |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
96646000 | |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3890000 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
477000 | |
CY2022Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
291000 | |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
98891000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
77986000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4549000 | |
CY2022Q2 | us-gaap |
Assets
Assets
|
106707000 | |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
16000 | |
CY2021Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
14030000 | |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
22550000 | |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
25985000 | |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20144000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4608000 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
61172510 | |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3319000 | |
CY2022Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
13136000 | |
CY2021Q4 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
815000 | |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
7617000 | |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15862000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4316000 | |
CY2022Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
2372000 | |
CY2021Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
1217000 | |
CY2022Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
0 | |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
109926000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-46759000 | ||
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
84157000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
83941000 | |
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
2000 | |
CY2022Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
472939000 | |
CY2021Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
425765000 | |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-220000 | |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-20000 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-388568000 | |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-341809000 | |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1958000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-83000 | ||
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-33000 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
140000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-42000 | ||
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-22314000 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6738000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-46724000 | ||
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
77986000 | |
CY2021Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
77986000 | |
CY2021Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
1838000 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
61172510 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
49355130 | |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
6000 | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2419000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2876000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1352000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-55000 | ||
agle |
Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
|
-155000 |