2024 Q1 Form 10-K Financial Statement

#000095017024033484 Filed on March 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $3.411M $3.604M $15.45M
YoY Change -27.43% 44.04% 518.04%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $7.084M $6.719M $30.05M
YoY Change -19.05% -8.47% -19.57%
% of Gross Profit
Research & Development $20.66M $12.68M $56.78M
YoY Change 65.07% -8.51% -37.72%
% of Gross Profit
Depreciation & Amortization $300.0K $366.0K $1.400M
YoY Change 0.0% 0.55% 16.67%
% of Gross Profit
Operating Expenses $27.74M $19.40M $87.89M
YoY Change 30.45% -8.49% -46.72%
Operating Profit -$24.33M -$72.44M
YoY Change 46.93% -55.41%
Interest Expense $29.00K $1.208M $4.998M
YoY Change -97.89% -302.35% 31.6%
% of Operating Profit
Other Income/Expense, Net $269.0K $64.18M -$39.13M
YoY Change -125.31% -1069716.67% 996.92%
Pretax Income -$24.06M $47.74M -$111.6M
YoY Change 36.54% -185.68% -32.8%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$24.06M $47.74M -$111.6M
YoY Change 36.54% -185.68% -32.8%
Net Earnings / Revenue -705.39% 1324.67% -722.06%
Basic Earnings Per Share -$0.10 -$0.96
Diluted Earnings Per Share -$0.10 $0.23 -$0.96
COMMON SHARES
Basic Shares Outstanding 187.0M 187.0M 116.1M
Diluted Shares Outstanding 231.2M 116.1M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $124.0M $143.9M $143.9M
YoY Change 95.47% 63.79% 63.79%
Cash & Equivalents $124.0M $143.9M $143.9M
Short-Term Investments
Other Short-Term Assets $149.0K $292.0K $5.928M
YoY Change -71.99% -34.82% -30.56%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $130.6M $149.9M $149.9M
YoY Change 80.49% 55.44% 55.44%
LONG-TERM ASSETS
Property, Plant & Equipment $10.69M $10.83M $20.41M
YoY Change -27.02% -27.65% -21.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $304.0K $304.0K $2.455M
YoY Change -76.9% -76.9% -37.9%
Total Long-Term Assets $22.40M $22.86M $22.86M
YoY Change -23.39% -23.43% -23.43%
TOTAL ASSETS
Total Short-Term Assets $130.6M $149.9M $149.9M
Total Long-Term Assets $22.40M $22.86M $22.86M
Total Assets $153.0M $172.7M $172.7M
YoY Change 50.59% 36.79% 36.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.38M $6.366M $6.366M
YoY Change 15.31% -41.84% -41.84%
Accrued Expenses $12.42M $11.21M $11.21M
YoY Change -25.2% -38.72% -38.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $362.0K $354.0K $354.0K
YoY Change 10.37%
Total Short-Term Liabilities $38.64M $36.76M $36.76M
YoY Change -29.05% -41.46% -41.46%
LONG-TERM LIABILITIES
Long-Term Debt $40.51M $40.51M $40.51M
YoY Change 6.16% 6.69% 6.69%
Other Long-Term Liabilities $1.502M $1.577M $20.53M
YoY Change -62.49% -61.82% -16.44%
Total Long-Term Liabilities $42.01M $42.09M $61.04M
YoY Change -0.36% -0.03% -2.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.64M $36.76M $36.76M
Total Long-Term Liabilities $42.01M $42.09M $61.04M
Total Liabilities $99.15M $97.79M $97.79M
YoY Change -14.93% -21.97% -21.97%
SHAREHOLDERS EQUITY
Retained Earnings -$537.1M -$513.0M
YoY Change 28.16% 27.8%
Common Stock $2.000K $2.000K
YoY Change 100.0% 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.85M $74.94M $74.94M
YoY Change
Total Liabilities & Shareholders Equity $153.0M $172.7M $172.7M
YoY Change 50.59% 36.79% 36.79%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$24.06M $47.74M -$111.6M
YoY Change 36.54% -185.68% -32.8%
Depreciation, Depletion And Amortization $300.0K $366.0K $1.400M
YoY Change 0.0% 0.55% 16.67%
Cash From Operating Activities -$19.80M -$16.12M -$73.02M
YoY Change -1.92% -212.89% -17.39%
INVESTING ACTIVITIES
Capital Expenditures $140.0K $17.00K $3.869M
YoY Change -96.41% -99.26% -81.24%
Acquisitions
YoY Change
Other Investing Activities $7.000K -$17.00K
YoY Change -111.48% -127.87%
Cash From Investing Activities -$140.0K -$10.00K -$7.352M
YoY Change -96.41% -99.58% -70.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -22.00K -4.248M 136.4M
YoY Change -94.05% -110.2% 161.81%
NET CHANGE
Cash From Operating Activities -19.80M -16.12M -73.02M
Cash From Investing Activities -140.0K -10.00K -7.352M
Cash From Financing Activities -22.00K -4.248M 136.4M
Net Change In Cash -19.96M -20.37M 56.02M
YoY Change -18.38% -138.03% -191.51%
FREE CASH FLOW
Cash From Operating Activities -$19.80M -$16.12M -$73.02M
Capital Expenditures $140.0K $17.00K $3.869M
Free Cash Flow -$19.94M -$16.13M -$76.89M
YoY Change -17.22% -234.81% -29.47%

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PaymentsOfStockIssuanceCosts
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ProceedsFromStockPlans
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ProceedsFromStockPlans
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ProceedsFromPaymentsForOtherFinancingActivities
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ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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RestrictedCash
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CY2022Q4 us-gaap Restricted Cash
RestrictedCash
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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InterestPaidNet
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InterestPaidNet
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449000
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PropertyAndEquipmentInAccountsPayableAndAccruedExpenses
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RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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IssuanceOfWarrantsInConnectionWithPrivatePlacement
252000
CY2023 dei Entity Incorporation Date Of Incorporation
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RetainedEarningsAccumulatedDeficit
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CashAndCashEquivalentsAtCarryingValue
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CY2023 us-gaap Use Of Estimates
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<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. The most significant estimates and assumptions in the Company’s financial statements relate to the determination of the fair value of the common stock prior to the IPO (as an input into stock-based compensation), estimating manufacturing accruals and accrued or prepaid research and development expenses, the </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">measurement of impairment of long-lived assets, the valuation of the Trinity Term Loans that are carried at fair value, and the allocation of consideration received in connection with the Astellas Transactions. These estimates and assumptions are based on current facts, historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the recording of expenses that are not readily apparent from other sources. Actual results may differ materially from these estimates. To the extent there are material differences between the estimates and actual results, the Company’s future results of operations will be affected.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
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CY2023 us-gaap Concentration Risk Credit Risk
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<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentrations of Credit Risk</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents. Periodically, the Company may maintain deposits in financial institutions in excess of government insured limits. On March 10, 2023, the California Department of Financial Protection and Innovation closed the Silicon Valley Bank, Santa Clara, California (“SVB”), and appointed the FDIC as receiver. On March 12, 2023, the Treasury Department announced that depositors of SVB will have access to all of their money starting March 13, 2023. On March 14, 2023, the Company regained access to the full amount of its cash that was deposited with SVB. Management believes that the Company is not exposed to significant credit risk as the Company’s deposits are held at financial institutions that management continues to believe to be of high credit quality. The Company has not experienced any losses on these deposits.</span></p>
CY2023 tsha Shelf Registration Term
ShelfRegistrationTerm
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CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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UnrecognizedTaxBenefitsPeriodIncreaseDecrease
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CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
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CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2023Q4 tsha Derecognized Build To Suit Lease Asset Presented In Property Plant Equipment
DerecognizedBuildToSuitLeaseAssetPresentedInPropertyPlantEquipment
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CY2023Q4 tsha Derecognized Build To Suit Lease Liability
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DeferredRentLiabiilitiesAndTenantImprovementAllowances
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TrinityTermLoans
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SuccessFeeDerivativeLiability
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SsiWarrants
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PropertyPlantAndEquipmentGross
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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PropertyPlantAndEquipmentNet
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CY2022 us-gaap Depreciation
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AccruedResearchAndDevelopmentCurrent
3467000
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AccruedResearchAndDevelopmentCurrent
8190000
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EmployeeRelatedLiabilitiesCurrent
3423000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2519000
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AccruedClinicalTrialCurrent
1851000
CY2022Q4 tsha Accrued Clinical Trial Current
AccruedClinicalTrialCurrent
1473000
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LeaseLiabilityCurrent
1646000
CY2022Q4 tsha Lease Liability Current
LeaseLiabilityCurrent
1521000
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WarrantLiabilityCurrent
454000
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AccruedSeverance
390000
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AccruedSeverance
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AccruedProfessionalFeesCurrent
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AccruedProfessionalFeesCurrent
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AccruedPropertyPlantAndEquipmentCurrent
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OtherAccruedLiabilitiesCurrent
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OtherAccruedLiabilitiesCurrent
650000
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
12284000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
18287000
CY2023Q4 tsha Prepaid Research And Development Contracts
PrepaidResearchAndDevelopmentContracts
1412000
CY2022Q4 tsha Prepaid Research And Development Contracts
PrepaidResearchAndDevelopmentContracts
4840000
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PrepaidClinicalTrial
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CY2022Q4 tsha Prepaid Clinical Trial
PrepaidClinicalTrial
2119000
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DeferredOfferingCosts
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DeferredOfferingCosts
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CY2022Q4 us-gaap Prepaid Insurance
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OtherAssetsCurrent
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CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
466000
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PrepaidExpenseAndOtherAssetsCurrent
3479000
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
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VariableLeaseCost
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CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2023 us-gaap Lease Cost
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CY2022 us-gaap Lease Cost
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OperatingLeasePayments
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CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
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LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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FinanceLeaseLiabilityPaymentsDueYearTwo
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2577000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
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LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2673000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
354000
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OperatingLeaseLiabilityNoncurrent
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FinanceLeaseLiabilityNoncurrent
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OperatingLeaseLiability
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DebtInstrumentUnamortizedDiscountNoncurrent
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InterestExpenseLongTermDebt
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InterestExpenseLongTermDebt
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CY2022Q4 tsha Probability Of An Option Exercise
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
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CY2022 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Plan Adjustments And Amendments In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantPlanAdjustmentsAndAmendmentsInPeriod
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CY2022 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Granted In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantGrantedInPeriod
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CY2022 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Cancelled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantCancelledInPeriod
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
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CY2023 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Plan Adjustments And Amendments In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantPlanAdjustmentsAndAmendmentsInPeriod
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CY2023 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Granted In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantGrantedInPeriod
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CY2023 tsha Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Cancelled In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantCancelledInPeriod
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CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
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CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
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CY2023 tsha Effective Income Tax Rate Reconciliation Other Permanent Differences
EffectiveIncomeTaxRateReconciliationOtherPermanentDifferences
-0.0067
CY2022 tsha Effective Income Tax Rate Reconciliation Other Permanent Differences
EffectiveIncomeTaxRateReconciliationOtherPermanentDifferences
-0.0055
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.081
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2561
CY2023 tsha Effective Income Tax Rate Reconciliation Change In Fair Value Of Warrant Liability
EffectiveIncomeTaxRateReconciliationChangeInFairValueOfWarrantLiability
-0.0655
CY2022 tsha Effective Income Tax Rate Reconciliation Change In Fair Value Of Warrant Liability
EffectiveIncomeTaxRateReconciliationChangeInFairValueOfWarrantLiability
0
CY2023 tsha Effective Income Tax Rate Reconciliation Change In Fair Value Of Term Note
EffectiveIncomeTaxRateReconciliationChangeInFairValueOfTermNote
-0.003
CY2022 tsha Effective Income Tax Rate Reconciliation Change In Fair Value Of Term Note
EffectiveIncomeTaxRateReconciliationChangeInFairValueOfTermNote
-0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.0293
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
47373000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
45609000
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1961000
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
2585000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
3647000
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
22497000
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
15563000
CY2023Q4 tsha Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
4452000
CY2022Q4 tsha Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
4574000
CY2023Q4 tsha Deferred Tax Assets Impairment Of Long Lived Assets
DeferredTaxAssetsImpairmentOfLongLivedAssets
5509000
CY2022Q4 tsha Deferred Tax Assets Impairment Of Long Lived Assets
DeferredTaxAssetsImpairmentOfLongLivedAssets
5525000
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
94263000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
103431000
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
2224000
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
2308000
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
2000
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
47000
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2226000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2355000
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
92037000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
101076000
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-9000000
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
42800000
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
217900000
CY2023 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
federal NOLs are subject to an annual utilization limitation of $3.1 million, which can be increased in the five year period post change date for any realized built-in gain.
CY2023Q4 tsha Operating Loss Carryforward Annual Limitation Amount
OperatingLossCarryforwardAnnualLimitationAmount
3100000
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
27100000
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
300000
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
700000
CY2023 dei Auditor Firm
AuditorFirmId
34

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