2023 Q1 Form 10-K Financial Statement

#000143853323000008 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $56.99M $55.87M $212.0M
YoY Change 17.54% -2.41% -6.8%
Cost Of Revenue $5.125M $1.728M $7.592M
YoY Change 139.71% -8.86% 11.91%
Gross Profit $51.87M $54.14M $204.4M
YoY Change 11.91% -2.19% -7.38%
Gross Profit Margin 91.01% 96.91% 96.42%
Selling, General & Admin $72.25M $56.60M $220.2M
YoY Change 54.41% 57.86% 46.92%
% of Gross Profit 139.29% 104.54% 107.72%
Research & Development $7.500M $57.79M $7.500M
YoY Change -86.75% -6.61% -96.43%
% of Gross Profit 14.46% 106.73% 3.67%
Depreciation & Amortization $9.545M $9.301M $33.08M
YoY Change 34.59% 53.74% 24.28%
% of Gross Profit 18.4% 17.18% 16.18%
Operating Expenses $79.75M $121.0M $227.7M
YoY Change -22.88% 17.99% -36.79%
Operating Profit -$87.05M -$66.85M -$266.6M
YoY Change 31.63% 41.66% 64.79%
Interest Expense $2.900M $219.0K $11.30M
YoY Change -215.31% -104.53% -43.78%
% of Operating Profit
Other Income/Expense, Net $793.0K $872.0K -$11.60M
YoY Change -108.1% 92.07% -35.24%
Pretax Income -$86.25M -$65.76M -$278.2M
YoY Change 13.61% 27.52% 54.81%
Income Tax $78.00K $63.00K $313.0K
% Of Pretax Income
Net Earnings -$86.33M -$65.82M -$278.5M
YoY Change 13.64% 27.63% 54.63%
Net Earnings / Revenue -151.48% -117.82% -131.35%
Basic Earnings Per Share -$1.27 -$1.03 -$4.37
Diluted Earnings Per Share -$1.27 -$1.03 -$4.37
COMMON SHARES
Basic Shares Outstanding 64.74M shares 64.17M shares 63.76M shares
Diluted Shares Outstanding 68.17M shares 63.76M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $440.4M $347.2M $450.2M
YoY Change -16.85% -18.86% -18.56%
Cash & Equivalents $161.4M $61.69M $61.69M
Short-Term Investments $279.1M $285.5M $388.6M
Other Short-Term Assets $15.14M $12.62M $12.62M
YoY Change 132.7% 95.09% 95.09%
Inventory $6.712M $6.922M $6.922M
Prepaid Expenses
Receivables $21.50M $16.65M $16.65M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $604.9M $486.4M $486.4M
YoY Change -4.15% -16.54% -16.54%
LONG-TERM ASSETS
Property, Plant & Equipment $9.127M $9.049M $30.05M
YoY Change -13.91% -18.52% -12.4%
Goodwill $900.0K $900.0K
YoY Change 0.0% 0.0%
Intangibles $162.9M $145.0M
YoY Change 6.24% -2.29%
Long-Term Investments
YoY Change
Other Assets $11.03M $11.06M $11.06M
YoY Change 1.81% -0.07% -0.07%
Total Long-Term Assets $203.3M $186.1M $186.1M
YoY Change 3.05% -3.95% -3.95%
TOTAL ASSETS
Total Short-Term Assets $604.9M $486.4M $486.4M
Total Long-Term Assets $203.3M $186.1M $186.1M
Total Assets $808.2M $672.6M $672.6M
YoY Change -2.44% -13.4% -13.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.73M $17.29M $17.29M
YoY Change -9.26% 14.17% 14.17%
Accrued Expenses $85.77M $95.74M $74.11M
YoY Change 23.87% 27.35% 41.84%
Deferred Revenue $10.98M $11.98M
YoY Change -22.87% -26.38%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $130.6M $142.2M $142.2M
YoY Change 9.35% 14.57% 14.57%
LONG-TERM LIABILITIES
Long-Term Debt $376.0M $375.5M $375.5M
YoY Change 0.44% 65.74% 65.74%
Other Long-Term Liabilities $9.068M $9.385M $112.0M
YoY Change -12.39% -23.55% -9.55%
Total Long-Term Liabilities $9.068M $9.385M $487.6M
YoY Change -12.39% -23.55% 39.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $130.6M $142.2M $142.2M
Total Long-Term Liabilities $9.068M $9.385M $487.6M
Total Liabilities $619.1M $629.7M $629.7M
YoY Change -0.19% 32.71% 32.71%
SHAREHOLDERS EQUITY
Retained Earnings -$1.101B -$1.014B
YoY Change 35.58% 32.41%
Common Stock $7.000K $6.000K
YoY Change 16.67% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $189.1M $42.85M $42.85M
YoY Change
Total Liabilities & Shareholders Equity $808.2M $672.6M $672.6M
YoY Change -2.44% -13.4% -13.4%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$86.33M -$65.82M -$278.5M
YoY Change 13.64% 27.63% 54.63%
Depreciation, Depletion And Amortization $9.545M $9.301M $33.08M
YoY Change 34.59% 53.74% 24.28%
Cash From Operating Activities -$81.12M -$54.64M -$186.3M
YoY Change 46.63% 103.3% 1159.4%
INVESTING ACTIVITIES
Capital Expenditures $630.0K $4.197M $191.0K
YoY Change 380.92% -180.71% -96.26%
Acquisitions $0.00
YoY Change
Other Investing Activities -$9.072M -$32.50M $600.0K
YoY Change -123.61% -358.58% -100.53%
Cash From Investing Activities -$37.04M -$36.70M -$32.55M
YoY Change -211.68% -597.98% -76.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $217.0M 551.0K $117.6M
YoY Change 90.49% -98.34% -49.25%
NET CHANGE
Cash From Operating Activities -$81.12M -54.64M -$186.3M
Cash From Investing Activities -$37.04M -36.70M -$32.55M
Cash From Financing Activities $217.0M 551.0K $117.6M
Net Change In Cash $99.69M -90.79M -$104.1M
YoY Change 9.77% -762.41% -228.51%
FREE CASH FLOW
Cash From Operating Activities -$81.12M -$54.64M -$186.3M
Capital Expenditures $630.0K $4.197M $191.0K
Free Cash Flow -$81.75M -$58.84M -$186.5M
YoY Change 47.42% 171.43% 837.43%

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DESCRIPTION OF BUSINESS<div style="margin-bottom:3pt;margin-top:12pt;text-align:justify"><span style="color:#00497f;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:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;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 living with rare kidney, liver, and metabolic 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 </span><span style="background-color:#ffffff;color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">unmet medical need</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%"> and that we believe offer attractive growth characteristics.</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#00497f;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">FILSPARI™ (sparsentan)</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">On February 17, 2023, the FDA granted accelerated approval of FILSPARI™ (sparsentan) to reduce proteinuria in adults with primary IgAN at risk of rapid disease progression, generally at UPCR ≥1.5 gram/gram. FILSPARI, a once-daily, oral medication is designed to selectively target two critical pathways in the disease progression of IgAN (endothelin 1 and angiotensin-II).</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#2c2c2c;font-family:'Arial',sans-serif;font-size:10.5pt;font-style:italic;font-weight:700;line-height:120%">Clinical-Stage Programs:</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Sparsentan remains a novel investigational product candidate which has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerosis (FSGS) in the U.S. and Europe. Evaluation of sparsentan is ongoing in two pivotal Phase 3 clinical studies in rare kidney diseases.</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Pegtibatinase (</span><span style="background-color:#ffffff;color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;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:9.5pt;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:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;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 September 2022, we were granted Fast Track Designation by the FDA for the investigation of Chenodal for cerebrotendinous xanthomatosis (CTX). 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 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:9pt;margin-top:9pt;text-align:justify"><span style="color:#2c2c2c;font-family:'Arial',sans-serif;font-size:10.5pt;font-style:italic;font-weight:700;line-height:120%">Preclinical Programs:</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">The Company is a participant in a Cooperative Research and Development Agreement ("CRADA"), which forms a multi-stakeholder approach to pool resources with leading experts, and incorporate the patient perspective early in the therapeutic identification and development process. The Company is partnering with the National Institutes of Health’s National Center for Advancing Translational Sciences ("NCATS") and a leading patient advocacy organization, Alagille Syndrome Alliance, aimed at the identification of potential small molecule therapeutics for Alagille syndrome ("ALGS"). There are no treatment options currently approved for ALGS.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#2c2c2c;font-family:'Arial',sans-serif;font-size:10.5pt;font-style:italic;font-weight:700;line-height:120%">Other Commercial Products:</span></div><div style="margin-bottom:6pt;margin-top:12pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%;padding-left:15.28pt">Thiola</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:6.17pt;font-weight:400;line-height:120%;position:relative;top:-3.32pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%"> and Thiola EC</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:6.17pt;font-weight:400;line-height:120%;position:relative;top:-3.32pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;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><div style="margin-bottom:6pt;margin-top:12pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%;padding-left:15.28pt">Cholbam</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:6.17pt;font-weight:400;line-height:120%;position:relative;top:-3.32pt;vertical-align:baseline">®</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;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>•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.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#00497f;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">In preparing financial statements in conformity with U.S. GAAP, management is required 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, as well as the reported amounts of expenses during the reporting period. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates. On an ongoing basis, the Company evaluates its estimates and assumptions. These estimates and assumptions include revenue recognition, forecasting probability-weighted cash flows based upon estimates of forecasted revenues, clinical and regulatory timelines and discount rates, valuing equity securities in share-based payments, estimating expenses of contracted research organizations, estimating reserves for inventory, estimating the useful lives of depreciable and amortizable assets, goodwill impairment, estimating the fair value of contingent consideration, estimating of valuation allowances and uncertain tax positions, and estimates associated with the assessment of impairment for long-lived assets.</span></div>
CY2022Q4 tvtx Increase Decreased In Research And Development Expenses And Related Accrued Expenses
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-7700000 usd
CY2022 tvtx Increase Decreased In Research And Development Expenses And Related Accrued Expenses
IncreaseDecreasedInResearchAndDevelopmentExpensesAndRelatedAccruedExpenses
-1500000 usd
CY2021 tvtx Increase Decreased In Research And Development Expenses And Related Accrued Expenses
IncreaseDecreasedInResearchAndDevelopmentExpensesAndRelatedAccruedExpenses
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CY2022 tvtx Number Of Phase One Half Clinical Trials
NumberOfPhaseOneHalfClinicalTrials
1 clinicaltrial
CY2022 tvtx Number Of Phase Three Clinical Trials
NumberOfPhaseThreeClinicalTrials
3 clinicaltrial
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#00497f;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">The Company maintains its cash and cash equivalents at insured financial institutions, the balances of which may, at times, exceed federally insured limits. Generally, these deposits may be redeemed upon demand, and the Company believes there is minimal risk of losses on such balances.</span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">The Company monitors its investments with counterparties with the objective of minimizing concentrations of credit risk. The Company's investment policy is to invest only in institutions that meet high credit quality standards and established limits on the amount and time to maturity of investments with any individual counterparty. The policy also requires that investments are only entered into with corporate and financial institutions that meet high quality standards.</span></div>
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Inventory Valuation Reserves
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3500000 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
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4100000 usd
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CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
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5205000 usd
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3295000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
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2108000 usd
CY2022Q4 us-gaap Inventory Net
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CY2021Q4 us-gaap Inventory Net
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7500000 usd
CY2022 us-gaap Number Of Operating Segments
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1 segment
CY2022 us-gaap Number Of Operating Segments
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1 segment
CY2022 us-gaap Number Of Reporting Units
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1 reporting_unit
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CY2020 us-gaap Goodwill Impairment Loss
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CY2022 us-gaap Goodwill Impairment Loss
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CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2022 us-gaap Foreign Currency Transaction Gain Before Tax
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CY2021 us-gaap Foreign Currency Transaction Gain Before Tax
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300000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Before Tax
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CY2022 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#00497f;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-style:italic;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Certain reclassifications have been made to the prior year financial statements in order to conform to the current year’s presentation, including reclassifying operating lease right of use assets and operating lease liabilities from other assets and other liabilities, respectively on the Consolidated Balance Sheets. These reclassifications did not have an impact on total assets or total liabilities of the Consolidated Balance Sheets.</span></div>
CY2022 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
The Company receives payments from its product sales, primarily through third party payers, based on terms that generally are within 30 days of delivery of product to the patient.
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CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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CY2021 tvtx Contract With Customer Liability New Consideration Resulting In Deferred Revenue
ContractWithCustomerLiabilityNewConsiderationResultingInDeferredRevenue
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CY2022 tvtx Contract With Customer Liability Foreign Currency Impact
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CY2021 tvtx Contract With Customer Liability Foreign Currency Impact
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CY2022Q4 us-gaap Contract With Customer Liability
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CY2021Q4 us-gaap Contract With Customer Liability
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2091000 usd
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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2996000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
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CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
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CY2021Q4 tvtx Debt Securities Available For Sale Unrealized Loss Noncurrent
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CY2021Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
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CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2021Q4 us-gaap Available For Sale Securities Debt Securities
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CY2022 us-gaap Debt Securities Unrealized Gain Loss
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CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2021 us-gaap Payments To Acquire Marketable Securities
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CY2020 us-gaap Payments To Acquire Marketable Securities
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
112420000 usd
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1036000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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2996000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
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CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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DebtSecuritiesAvailableForSaleUnrealizedLossPositionAmortizedCost
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CY2021Q4 tvtx Debt Securities Available For Sale Unrealized Loss Position Amortized Cost
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAmortizedCost
381200000 usd
CY2022Q1 tvtx Debt Instrument Repurchase Amount Including Accrued And Unpaid Interest
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Write Off Of Deferred Debt Issuance Cost
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CY2022 us-gaap Interest Expense
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CY2021 us-gaap Interest Expense
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20100000 usd
CY2020 us-gaap Interest Expense
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CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2022Q4 us-gaap Available For Sale Securities Debt Securities
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CY2022Q4 us-gaap Assets Fair Value Disclosure
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CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2021Q4 us-gaap Available For Sale Securities Debt Securities
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CY2021Q4 us-gaap Assets Fair Value Disclosure
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67100000 usd
CY2022 us-gaap Number Of Businesses Acquired
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2 business
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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302935000 usd
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158833000 usd
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144102000 usd
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283557000 usd
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CY2022 us-gaap Amortization Of Intangible Assets
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CY2021 us-gaap Amortization Of Intangible Assets
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CY2020 us-gaap Amortization Of Intangible Assets
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22437000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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33015000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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25793000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
19999000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
18129000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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18129000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
29037000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
144102000 usd
CY2022Q4 us-gaap Goodwill
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900000 usd
CY2021Q4 us-gaap Goodwill
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900000 usd
CY2022Q4 us-gaap Accrued Salaries Current
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35267000 usd
CY2021Q4 us-gaap Accrued Salaries Current
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25998000 usd
CY2022Q4 tvtx Accrued Liabilities Researchand Development Current
AccruedLiabilitiesResearchandDevelopmentCurrent
26070000 usd
CY2021Q4 tvtx Accrued Liabilities Researchand Development Current
AccruedLiabilitiesResearchandDevelopmentCurrent
26841000 usd
CY2022Q4 tvtx Sales Discounts Rebates And Allowances Current
SalesDiscountsRebatesAndAllowancesCurrent
13486000 usd
CY2021Q4 tvtx Sales Discounts Rebates And Allowances Current
SalesDiscountsRebatesAndAllowancesCurrent
7493000 usd
CY2022Q4 tvtx Accrued Liabilities Selling Generaland Administrative Current
AccruedLiabilitiesSellingGeneralandAdministrativeCurrent
8791000 usd
CY2021Q4 tvtx Accrued Liabilities Selling Generaland Administrative Current
AccruedLiabilitiesSellingGeneralandAdministrativeCurrent
3144000 usd
CY2022Q4 us-gaap Accrued Royalties Current
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7755000 usd
CY2021Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
8402000 usd
CY2022Q4 tvtx Accrued Liabilities Miscellaneous
AccruedLiabilitiesMiscellaneous
4373000 usd
CY2021Q4 tvtx Accrued Liabilities Miscellaneous
AccruedLiabilitiesMiscellaneous
3302000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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95742000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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75180000 usd
CY2022 us-gaap Long Term Purchase Commitment Amount
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36300000 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
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200000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022 tvtx Common Stock Voting Rights Number Of Votes
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1 vote
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5079000 usd
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5488207 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
19.37
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y4M9D
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
46626000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6011349 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
19.34
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M28D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
71063000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6999669 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
20.22
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M13D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
21806000 usd
CY2022Q4 us-gaap Share Price
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21.03
CY2021Q4 us-gaap Share Price
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31.04
CY2020Q4 us-gaap Share Price
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27.25
CY2022 us-gaap Allocated Share Based Compensation Expense
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39177000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30766000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23614000 usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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63758515 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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63758515 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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-278482000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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-278482000 usd
CY2022 us-gaap Earnings Per Share Diluted
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-4.37
CY2022 us-gaap Earnings Per Share Basic
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-4.37
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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59832287 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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59832287 shares
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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-180091000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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-180091000 usd
CY2021 us-gaap Earnings Per Share Basic
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-3.01
CY2021 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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47539631 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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47539631 shares
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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-169431000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2020 us-gaap Earnings Per Share Basic
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-3.56
CY2020 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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23085349 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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17897060 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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16830808 shares
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-278169000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-179682000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-188790000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
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0 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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CY2022 us-gaap Current State And Local Tax Expense Benefit
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314000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
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412000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
74000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
313000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
409000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
313000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
409000 usd
CY2020 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.0346
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0271
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0157
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.0096
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.0328
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.0665
CY2022 tvtx Effective Income Tax Rate Reconciliation In Process Research And Development Percent
EffectiveIncomeTaxRateReconciliationInProcessResearchAndDevelopmentPercent
0
CY2021 tvtx Effective Income Tax Rate Reconciliation In Process Research And Development Percent
EffectiveIncomeTaxRateReconciliationInProcessResearchAndDevelopmentPercent
0
CY2020 tvtx Effective Income Tax Rate Reconciliation In Process Research And Development Percent
EffectiveIncomeTaxRateReconciliationInProcessResearchAndDevelopmentPercent
-0.0650
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
EffectiveIncomeTaxRateReconciliationTaxSettlementsDomestic
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
EffectiveIncomeTaxRateReconciliationTaxSettlementsDomestic
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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CY2022 tvtx Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percent
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-0.0049
CY2021 tvtx Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percent
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CY2020 tvtx Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percent
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0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.0020
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.0019
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0
CY2022 tvtx Effective Income Tax Rate Reconciliation Other Permanent Differences
EffectiveIncomeTaxRateReconciliationOtherPermanentDifferences
-0.0020
CY2021 tvtx Effective Income Tax Rate Reconciliation Other Permanent Differences
EffectiveIncomeTaxRateReconciliationOtherPermanentDifferences
-0.0015
CY2020 tvtx Effective Income Tax Rate Reconciliation Other Permanent Differences
EffectiveIncomeTaxRateReconciliationOtherPermanentDifferences
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0021
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0242
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 tvtx Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
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0
CY2021 tvtx Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
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0
CY2020 tvtx Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Percent
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackPercent
0.0958
CY2022 tvtx Effective Income Tax Rate Reconciliation Adoption Of Asu202006
EffectiveIncomeTaxRateReconciliationAdoptionOfASU202006
0.0421
CY2021 tvtx Effective Income Tax Rate Reconciliation Adoption Of Asu202006
EffectiveIncomeTaxRateReconciliationAdoptionOfASU202006
0
CY2020 tvtx Effective Income Tax Rate Reconciliation Adoption Of Asu202006
EffectiveIncomeTaxRateReconciliationAdoptionOfASU202006
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.0020
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.0010
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1025
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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38618000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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91052000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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69213000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
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36442000 usd
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
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CY2022Q4 tvtx Deferred Tax Assets Contingent Consideration
DeferredTaxAssetsContingentConsideration
18124000 usd
CY2021Q4 tvtx Deferred Tax Assets Contingent Consideration
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16726000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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13247000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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8678000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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22936000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
18003000 usd
CY2022Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
4781000 usd
CY2021Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
3427000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
51391000 usd
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
48801000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
4346000 usd
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
2802000 usd
CY2022Q4 tvtx Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
8018000 usd
CY2021Q4 tvtx Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
8825000 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
105000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
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CY2022Q4 tvtx Deferred Tax Assets Difference In Basis Of Loan Costs
DeferredTaxAssetsDifferenceInBasisOfLoanCosts
15000 usd
CY2021Q4 tvtx Deferred Tax Assets Difference In Basis Of Loan Costs
DeferredTaxAssetsDifferenceInBasisOfLoanCosts
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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300268000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
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215106000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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6658000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
5782000 usd
CY2022Q4 tvtx Deferred Tax Liabilities Deferred Gainon Installment Sale
DeferredTaxLiabilitiesDeferredGainonInstallmentSale
0 usd
CY2021Q4 tvtx Deferred Tax Liabilities Deferred Gainon Installment Sale
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11020000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
206000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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6864000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
16802000 usd
CY2022Q4 tvtx Deferred Tax Assets Liabilities Net Before Valuation Allowance
DeferredTaxAssetsLiabilitiesNetBeforeValuationAllowance
293404000 usd
CY2021Q4 tvtx Deferred Tax Assets Liabilities Net Before Valuation Allowance
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198304000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
198304000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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11500000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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11500000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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7825000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2056000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2255000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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310000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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1919000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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11490000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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7825000 usd
CY2022 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
100000 usd
CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
100000 usd
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
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200000000 shares
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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2100000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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1300000 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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1200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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14244000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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5195000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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3048000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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9049000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
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11106000 usd
CY2022 us-gaap Depreciation
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2100000 usd
CY2021 us-gaap Depreciation
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1700000 usd
CY2020 us-gaap Depreciation
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2100000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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6314000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6501000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6673000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6889000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7064000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4781000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
38222000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6279000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31943000 usd
CY2022Q4 tvtx Operating Lease Incentive Tenant Improvements
OperatingLeaseIncentiveTenantImprovements
5575000 usd
CY2022Q4 tvtx Straight Line Lease Expense In Excess Of Cash Payments
StraightLineLeaseExpenseInExcessOfCashPayments
5368000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21000000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0648
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0647
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
5000000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
4900000 usd
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000 usd

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