2022 Q3 Form 10-Q Financial Statement

#000143853322000032 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $53.50M $54.17M $48.49M
YoY Change -21.58% -0.82% 2.28%
Cost Of Revenue $1.675M $2.051M $2.138M
YoY Change 5.21% 24.23% 29.97%
Gross Profit $51.82M $52.12M $46.35M
YoY Change -22.22% -1.6% 1.28%
Gross Profit Margin 96.87% 96.21% 95.59%
Selling, General & Admin $57.52M $52.98M $46.79M
YoY Change 59.49% 51.52% 27.22%
% of Gross Profit 111.0% 101.66% 100.95%
Research & Development $59.26M $59.68M $56.61M
YoY Change 22.41% 15.2% 18.07%
% of Gross Profit 114.35% 114.52% 122.14%
Depreciation & Amortization $8.578M $8.108M $7.092M
YoY Change 8.95% 22.4% 16.76%
% of Gross Profit 16.55% 15.56% 15.3%
Operating Expenses $116.8M $112.7M $103.4M
YoY Change 38.24% 29.83% 22.04%
Operating Profit -$68.13M -$65.45M -$66.13M
YoY Change 114.86% 85.33% 39.08%
Interest Expense -$2.892M -$2.972M -$2.515M
YoY Change -40.97% -38.75% -52.73%
% of Operating Profit
Other Income/Expense, Net -$1.377M -$1.528M -$9.789M
YoY Change -64.56% -58.11% 63.01%
Pretax Income -$69.51M -$66.98M -$75.92M
YoY Change 95.28% 71.9% 41.76%
Income Tax $145.0K $53.00K $100.0K
% Of Pretax Income
Net Earnings -$69.66M -$67.03M -$75.97M
YoY Change 95.45% 71.82% 41.03%
Net Earnings / Revenue -130.21% -123.75% -156.68%
Basic Earnings Per Share -$1.09 -$1.05 -$1.20
Diluted Earnings Per Share -$1.09 -$1.05 -$1.20
COMMON SHARES
Basic Shares Outstanding 63.96M shares 63.64M shares 63.13M shares
Diluted Shares Outstanding 64.03M shares 63.64M shares 63.13M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $448.1M $508.8M $529.7M
YoY Change -1.04% 23.63% 22.89%
Cash & Equivalents $151.3M $179.8M $256.6M
Short-Term Investments $296.8M $329.0M $273.1M
Other Short-Term Assets $8.549M $9.283M $6.507M
YoY Change 13.93% 26.49% -2.88%
Inventory $7.297M $7.632M $6.521M
Prepaid Expenses
Receivables $12.70M $16.70M $14.70M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $534.8M $586.8M $631.1M
YoY Change -7.64% 6.73% 11.69%
LONG-TERM ASSETS
Property, Plant & Equipment $9.557M $10.08M $10.60M
YoY Change -16.99% -13.99% -9.36%
Goodwill $900.0K $900.0K $900.0K
YoY Change -3.85% -3.85% -3.85%
Intangibles $149.5M $149.9M $153.3M
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.09M $10.81M $10.83M
YoY Change -68.19% -68.55% -69.08%
Total Long-Term Assets $191.4M $192.7M $197.3M
YoY Change -2.36% -2.16% -0.85%
TOTAL ASSETS
Total Short-Term Assets $534.8M $586.8M $631.1M
Total Long-Term Assets $191.4M $192.7M $197.3M
Total Assets $726.2M $779.5M $828.4M
YoY Change -6.3% 4.38% 8.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.01M $11.85M $18.43M
YoY Change 140.31% 42.01% 22.83%
Accrued Expenses $88.38M $82.69M $69.24M
YoY Change 39.61% 32.38% 49.01%
Deferred Revenue $11.38M $12.50M $14.23M
YoY Change -29.16%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $131.0M $124.5M $119.5M
YoY Change 15.79% 28.37% 40.53%
LONG-TERM LIABILITIES
Long-Term Debt $375.1M $374.7M $374.3M
YoY Change 67.69% 69.65% 71.63%
Other Long-Term Liabilities $9.304M $9.605M $10.35M
YoY Change -78.49% -78.03% -76.02%
Total Long-Term Liabilities $9.304M $9.605M $10.35M
YoY Change -78.49% -78.03% -76.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $131.0M $124.5M $119.5M
Total Long-Term Liabilities $9.304M $9.605M $10.35M
Total Liabilities $625.5M $622.8M $620.3M
YoY Change 33.75% 50.26% 54.54%
SHAREHOLDERS EQUITY
Retained Earnings -$948.4M -$878.7M -$811.7M
YoY Change 32.76% 29.46% 26.88%
Common Stock $6.000K $6.000K $6.000K
YoY Change -100.0% -100.0% -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $100.7M $156.7M $208.1M
YoY Change
Total Liabilities & Shareholders Equity $726.2M $779.5M $828.4M
YoY Change -6.3% 4.38% 8.42%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$69.66M -$67.03M -$75.97M
YoY Change 95.45% 71.82% 41.03%
Depreciation, Depletion And Amortization $8.578M $8.108M $7.092M
YoY Change 8.95% 22.4% 16.76%
Cash From Operating Activities -$39.53M -$36.81M -$55.32M
YoY Change -223.27% -666.94% 108.96%
INVESTING ACTIVITIES
Capital Expenditures -$7.633M -$11.46M $131.0K
YoY Change 42.04% 166.08% -97.09%
Acquisitions
YoY Change
Other Investing Activities $17.71M -$27.64M $38.43M
YoY Change -53.26% -59.06% -139.85%
Cash From Investing Activities $10.08M -$39.10M $33.17M
YoY Change -69.01% -45.55% -131.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.278M 831.0K $113.9M
YoY Change -5.63% 171.57% -41.81%
NET CHANGE
Cash From Operating Activities -39.53M -36.81M -$55.32M
Cash From Investing Activities 10.08M -39.10M $33.17M
Cash From Financing Activities 2.278M 831.0K $113.9M
Net Change In Cash -27.17M -75.07M $90.82M
YoY Change -140.55% 15.48% 43.11%
FREE CASH FLOW
Cash From Operating Activities -$39.53M -$36.81M -$55.32M
Capital Expenditures -$7.633M -$11.46M $131.0K
Free Cash Flow -$31.89M -$25.35M -$55.45M
YoY Change -185.19% -334.71% 79.05%

Facts In Submission

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WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Net Income Loss
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us-gaap Foreign Currency Transaction Gain Loss Realized
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us-gaap Foreign Currency Transaction Gain Loss Realized
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OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
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OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Net Income Loss
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Inventory Write Down
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1741000 usd
us-gaap Inventory Write Down
InventoryWriteDown
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us-gaap Increase Decrease In Income Taxes Receivable
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Increase Decrease In Inventories
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IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2204000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1224000 usd
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ChangeInLeaseAssetsAndLiabilitiesNet
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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us-gaap Repayments Of Convertible Debt
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us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
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947000 usd
us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Plans
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us-gaap Proceeds From Stock Plans
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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14006000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-1484000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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StockholdersEquity
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StockholdersEquity
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1416000 usd
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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NetIncomeLoss
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Stock Granted During Period Value Sharebased Compensation Gross
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1487000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
875000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Nature Of Operations
NatureOfOperations
DESCRIPTION OF BUSINESS<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#006ebf;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Organization and Description of Business</span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Travere Therapeutics, Inc. (“we”, “our”, “us”, “Travere” and the “Company”) refers to Travere Therapeutics, Inc., a Delaware corporation, as well as our direct and indirect subsidiaries. Travere is a fully integrated biopharmaceutical company headquartered in San Diego, California focused on identifying, developing and delivering life-changing therapies to people with rare diseases. We regularly evaluate and, where appropriate, act on opportunities to expand our product pipeline through licenses and acquisitions of products in areas that will serve patients with serious or rare diseases and that we believe offer attractive growth characteristics. </span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The ongoing novel coronavirus (COVID-19) pandemic has resulted in travel restrictions, quarantines, “stay-at-home” and “shelter-in-place” orders and extended shutdown of certain businesses around the world. While the impact of the COVID-19 pandemic did not have a material adverse effect on our financial position or results of operations for the six months ended June 30, 2022, these governmental actions and similar actions that may be enacted in the future, and the widespread economic disruption arising from the pandemic, have the potential to materially impact our business and influence our business decisions. The extent and duration of the pandemic is unknown, and the future effects on our business are uncertain and difficult to predict. The Company is continuing to monitor the events and circumstances surrounding the COVID-19 pandemic, which may require adjustments to the Company’s estimates and assumptions in the future.</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Clinical Programs:</span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Sparsentan is a novel investigational product candidate and has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerois (FSGS) and immunoglobulin A nephropathy (IgAN) in the U.S. and Europe. Sparsentan is currently being evaluated in two pivotal Phase 3 clinical studies in rare kidney diseases.</span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pegtibatinase (</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">TVT-058) is a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria (HCU). Pegtibatinase has been granted Rare Pediatric Disease, Fast Track and Breakthrough Therapy designations by the FDA, as well as orphan drug designation in the United States and European Union. Pegtibatinase is currently being evaluated in the Phase 1/2 COMPOSE Study to assess its safety, tolerability, pharmacokinetics, pharmacodynamics and clinical effects in patients with classical HCU. The Company</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> acquired pegtibatinase as part of the November 2020 acquisition of Orphan Technologies Limited.</span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Chenodal (chenodeoxycholic acid or CDCA) is a naturally occurring bile acid that is approved for the treatment of people with radiolucent stones in the gallbladder. In January 2020, we randomized the first patients in our Phase 3 RESTORE Study to evaluate the effects of Chenodal in adult and pediatric patients with cerebrotendinous xanthomatosis (CTX), and the study enrollment remains open. The pivotal study is intended to support an NDA submission for marketing authorization of Chenodal for CTX in the United States. </span></div><div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Preclinical Programs:</span></div><div style="margin-bottom:6pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We are a participant in two Cooperative Research and Development Agreements ("CRADAs"), which form a multi-stakeholder approach to pool resources with leading experts, and incorporate the patient perspective early in the therapeutic identification and development process. We have partnered with the National Institutes of Health’s National Center for Advancing Translational Sciences ("NCATS") and leading patient advocacy organizations, CDG Care and Alagille Syndrome Alliance, aimed at the identification of potential small molecule therapeutics for NGLY1 deficiency and Alagille syndrome ("ALGS"), respectively. There are no treatment options currently approved for these diseases.</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><span style="color:#666666;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Approved products:</span></div><div style="margin-bottom:6pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:15.42pt">Chenodal (chenodiol tablets) is approved in the United States for the treatment of patients suffering from gallstones in whom surgery poses an unacceptable health risk due to disease or advanced age. </span></div><div style="margin-bottom:6pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:15.42pt">Cholbam</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> (cholic acid capsules) is approved in the United States for the treatment of bile acid synthesis disorders due to single enzyme defects and is further indicated for adjunctive treatment of patients with peroxisomal disorders.</span></div><div style="margin-bottom:6pt;margin-top:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:15.42pt">Thiola</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> and Thiola EC</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> (tiopronin tablets) are approved in the United States for the prevention of cystine (kidney) stone formation in patients with severe homozygous cystinuria.</span></div>
CY2022Q2 tvtx Number Of Phase3 Clinical Trials In Process
NumberOfPhase3ClinicalTrialsInProcess
3 clinicaltrial
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
The Company receives payments from its product sales based on terms that generally are within 30 days of delivery of product to the patient.
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
217300000 usd
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DebtSecuritiesAvailableforsaleAmortizedCostBasisCurrent
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DebtSecuritiesAvailableforsaleAmortizedCostBasisNoncurrent
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DebtSecuritiesAvailableForSaleUnrealizedLossNoncurrent
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AvailableForSaleSecuritiesDebtSecurities
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DebtSecuritiesAvailableforsaleAmortizedCostBasisCurrent
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DebtSecuritiesAvailableForSaleUnrealizedGainCurrent
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DebtSecuritiesAvailableForSaleUnrealizedLossCurrent
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CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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CY2022Q2 us-gaap Amortization Of Intangible Assets
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12088000 usd
CY2022Q1 tvtx Debt Instrument Repurchase Amount Including Accrued And Unpaid Interest
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us-gaap Write Off Of Deferred Debt Issuance Cost
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CY2022Q2 tvtx Accrued Liabilities Researchand Development Current
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CY2022Q2 us-gaap Accrued Salaries Current
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CY2022Q2 tvtx Government Rebates Payable
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CY2021Q4 tvtx Government Rebates Payable
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7493000 usd
CY2022Q2 us-gaap Accrued Royalties Current
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CY2021Q4 us-gaap Accrued Royalties Current
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8402000 usd
CY2022Q2 tvtx Accrued Liabilities Selling Generaland Administrative Current
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6244000 usd
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3302000 usd
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75180000 usd
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63638385 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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60571259 shares
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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63387009 shares
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CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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6800000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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19.87
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
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CY2021Q2 us-gaap Allocated Share Based Compensation Expense
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400000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
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4673000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5205000 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
653000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
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255000 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
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2306000 usd
CY2021Q4 us-gaap Inventory Net
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7313000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
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3900000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1853000 usd
CY2022Q2 us-gaap Inventory Net
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7632000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
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CY2022Q2 us-gaap Accounts Receivable Net Current
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CY2021Q4 us-gaap Accounts Receivable Net Current
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15900000 usd
CY2021Q2 us-gaap Common Stock Shares Authorized
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100000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
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200000000 shares

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