2023 Q1 Form 10-K Financial Statement

#000143774923007710 Filed on March 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $17.19M $18.09M $64.36M
YoY Change 26.75% 11.86% 33.96%
Cost Of Revenue $2.265M $2.263M $7.654M
YoY Change 48.52% 42.42% 48.42%
Gross Profit $14.93M $15.83M $56.70M
YoY Change 23.99% 8.53% 32.22%
Gross Profit Margin 86.83% 87.49% 88.11%
Selling, General & Admin $24.47M $21.63M $82.84M
YoY Change 14.9% 1.01% -5.37%
% of Gross Profit 163.96% 136.67% 146.09%
Research & Development $12.50M $14.48M $52.91M
YoY Change -1.56% 10.66% 11.05%
% of Gross Profit 83.73% 91.46% 93.3%
Depreciation & Amortization $200.0K $236.0K $900.0K
YoY Change 0.0% 10.8% 12.5%
% of Gross Profit 1.34% 1.49% 1.59%
Operating Expenses $36.97M $36.11M $135.7M
YoY Change 8.75% 4.67% 0.42%
Operating Profit -$22.05M -$20.28M -$79.04M
YoY Change 0.4% 1.84% -14.36%
Interest Expense -$2.908M -$2.817M -$7.428M
YoY Change 938.57% -14185.0% -2135.07%
% of Operating Profit
Other Income/Expense, Net -$15.00K -$5.081M -$21.56M
YoY Change -99.74% -31.52% 23.59%
Pretax Income -$30.19M -$28.18M -$108.0M
YoY Change 7.57% 3.17% -1.23%
Income Tax $21.00K $69.00K $1.135M
% Of Pretax Income
Net Earnings -$30.21M -$28.25M -$109.2M
YoY Change 6.41% -0.71% -1.5%
Net Earnings / Revenue -175.74% -156.14% -169.62%
Basic Earnings Per Share -$1.30 -$4.81
Diluted Earnings Per Share -$1.30 -$1.22 -$4.79
COMMON SHARES
Basic Shares Outstanding 23.44M 23.09M 22.81M
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.05M $99.96M $99.96M
YoY Change -52.32% 12.14% 12.14%
Cash & Equivalents $36.54M $55.41M $55.41M
Short-Term Investments $28.51M $44.56M $44.56M
Other Short-Term Assets $12.96M $11.91M $11.91M
YoY Change 31.91% 36.91% 36.91%
Inventory $5.466M $4.325M $4.325M
Prepaid Expenses
Receivables $12.49M $12.70M $12.70M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $95.97M $128.9M $128.9M
YoY Change -40.21% 12.69% 12.69%
LONG-TERM ASSETS
Property, Plant & Equipment $1.103M $1.297M $3.749M
YoY Change -37.93% -34.06% 19.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.17M $0.00 $0.00
YoY Change 1408.16% -100.0% -100.0%
Other Assets $3.160M $2.740M $2.963M
YoY Change 101.02% 109.0% 93.16%
Total Long-Term Assets $16.98M $6.712M $6.712M
YoY Change 227.12% 25.32% 25.32%
TOTAL ASSETS
Total Short-Term Assets $95.97M $128.9M $128.9M
Total Long-Term Assets $16.98M $6.712M $6.712M
Total Assets $113.0M $135.6M $135.6M
YoY Change -31.84% 13.26% 13.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.968M $5.527M $5.527M
YoY Change 64.57% -4.48% -4.48%
Accrued Expenses $16.05M $16.05M $16.05M
YoY Change 36.26% 11.85% 11.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $25.23M $23.92M $23.92M
YoY Change 32.18% 6.86% 6.86%
LONG-TERM LIABILITIES
Long-Term Debt $97.94M $97.54M $97.54M
YoY Change 38.34%
Other Long-Term Liabilities $106.3M $103.5M $103.5M
YoY Change 14.46% 16.38% 16.38%
Total Long-Term Liabilities $97.94M $97.54M $201.1M
YoY Change 38.34% 126.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.23M $23.92M $23.92M
Total Long-Term Liabilities $97.94M $97.54M $201.1M
Total Liabilities $229.5M $225.0M $225.0M
YoY Change 25.56% 102.08% 102.08%
SHAREHOLDERS EQUITY
Retained Earnings -$607.3M -$577.1M
YoY Change 22.51% 23.5%
Common Stock $490.8M $487.9M
YoY Change 2.53% 2.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$116.6M -$89.36M -$89.36M
YoY Change
Total Liabilities & Shareholders Equity $113.0M $135.6M $135.6M
YoY Change -31.84% 13.26% 13.26%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$30.21M -$28.25M -$109.2M
YoY Change 6.41% -0.71% -1.5%
Depreciation, Depletion And Amortization $200.0K $236.0K $900.0K
YoY Change 0.0% 10.8% 12.5%
Cash From Operating Activities -$25.81M -$21.75M -$87.56M
YoY Change 7.55% 8.38% 3.14%
INVESTING ACTIVITIES
Capital Expenditures $23.00K $13.00K $254.0K
YoY Change -8.0% -106.44% -66.22%
Acquisitions
YoY Change
Other Investing Activities $6.293M $23.12M $1.314M
YoY Change -53.8% 147.89% -72.74%
Cash From Investing Activities $6.270M $23.11M $1.060M
YoY Change -53.88% 153.24% -73.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $671.0K 25.37M $97.13M
YoY Change -99.05% -79375.0% 34.31%
NET CHANGE
Cash From Operating Activities -$25.81M -21.75M -$87.56M
Cash From Investing Activities $6.270M 23.11M $1.060M
Cash From Financing Activities $671.0K 25.37M $97.13M
Net Change In Cash -$18.87M 26.72M $10.64M
YoY Change -131.27% -343.45% -225.06%
FREE CASH FLOW
Cash From Operating Activities -$25.81M -$21.75M -$87.56M
Capital Expenditures $23.00K $13.00K $254.0K
Free Cash Flow -$25.83M -$21.76M -$87.81M
YoY Change 7.53% 9.55% 2.53%

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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-84892000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
63009000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
51898000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2463000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
64323000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
54256000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
254000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
752000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1060000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4069000 usd
CY2022 urgn Proceeds From Prepaid Forward Arrangement Net
ProceedsFromPrepaidForwardArrangementNet
0 usd
CY2021 urgn Proceeds From Prepaid Forward Arrangement Net
ProceedsFromPrepaidForwardArrangementNet
72402000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1511000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
61000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
95783000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
160000 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
144000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
97134000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
72319000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10635000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8504000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
45586000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
54090000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
56221000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
45586000 usd
CY2022 urgn Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
IssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 usd
CY2021 urgn Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
IssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
81000 usd
CY2022 urgn Non Cash New Lease Liabilities
NonCashNewLeaseLiabilities
2165000 usd
CY2021 urgn Non Cash New Lease Liabilities
NonCashNewLeaseLiabilities
-36000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><a href="#" id="notes" title="notes"/><span style="text-transform:uppercase;">Note <em style="font: inherit;">1</em>-Business and Nature of Operations</span></b></p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><i>Nature of Operations</i></b></p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">UroGen Pharma Ltd. is an Israeli company incorporated in <em style="font: inherit;"> April 2004 (</em>“UPL”).</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">UroGen Pharma Inc., a wholly owned subsidiary of UPL, was incorporated in Delaware in <em style="font: inherit;"> October 2015 </em>and began operating in <em style="font: inherit;"> February 2016 (</em>“UPI”).</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">UPL and UPI (together the “Company”) is a biotechnology company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers. Since commencing operations, the Company has devoted substantially all of its efforts to securing intellectual property rights, performing research and development activities, including conducting clinical trials and manufacturing activities, hiring personnel, launching the Company’s <em style="font: inherit;">first</em> commercial product, <i>Jelmyto</i> (mitomycin) for pyelocalyceal solution, formerly known as UGN-<em style="font: inherit;">101,</em> clinical development of UGN-<em style="font: inherit;">102,</em> and raising capital to support and expand these activities.</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">On <em style="font: inherit;"> April 15, 2020, </em>the U.S. Food and Drug Administration (“FDA”) granted expedited approval for <i>Jelmyto</i>, a <em style="font: inherit;">first</em>-in-class treatment indicated for adults with low-grade upper tract urothelial cancer (“low-grade UTUC”). <i>Jelmyto</i> consists of mitomycin, an established chemotherapy, and sterile hydrogel, using our proprietary sustained release <i>RTGel</i> technology. It has been designed to enable longer exposure of urinary tract tissue to mitomycin, thereby enabling the treatment of tumors by non-surgical means.</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p>
CY2022 us-gaap Basis Of Accounting
BasisOfAccounting
<p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><span style="text-transform:uppercase;">Note<i> </i><em style="font: inherit;">2</em><i> </i>– Basis of Presentation</span></b></p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-size: 10pt; margin: 0pt; font-family: Calibri;">The Company has experienced net losses since its inception and has an accumulated deficit of $577.1 million and $467.3 million as of <em style="font: inherit;"> December 31, 2022</em> and <em style="font: inherit;">2021</em>, respectively. The Company expects to incur losses and have negative net cash flows from operating activities as it executes on its strategy including engaging in further research and development activities, particularly conducting non-clinical studies and clinical trials. The success of the Company depends on the ability to successfully commercialize its technologies to support its operations and strategic plan.</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States. The consolidated financial statements include the accounts of UPL and its wholly owned subsidiary UPI. All material intercompany balances and transactions have been eliminated during consolidation. </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">In accordance with the accounting guidance related to the presentation of financial statements, management evaluates whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for the next <em style="font: inherit;">twelve</em> months from the date the financial statements are issued. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, and do <em style="font: inherit;">not</em> include any adjustments relating to the carrying amounts and classification of assets and liabilities that <em style="font: inherit;"> may </em>be necessary should the Company be unable to continue as a going concern. The Company’s ability to continue as a going concern is expected to be impacted by its ability to raise additional capital to fund its operations, produce cash inflows from Jelmyto product sales and develop UGN-<em style="font: inherit;">102.</em> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">The Company believes that absent sufficient proceeds received from equity, financing, or business development transactions, the Company will <em style="font: inherit;">not</em> have sufficient cash and cash equivalents to fund its operations beyond <em style="font: inherit;">one</em> year from the issuance of these financial statements. Accordingly, the Company will, over the next <em style="font: inherit;">twelve</em> months, require significant additional financing to continue its operations. In addition, there can be <em style="font: inherit;">no</em> assurances that the Company will be able to secure such additional financing if at all, on terms that are satisfactory to the Company, and in amounts sufficient to meet its needs. These factors raise substantial doubt about the ability of the Company to continue as a going concern.  Failure to successfully receive additional financing will require the Company to delay, limit or reduce product development and commercialization efforts.</p>
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-577100000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-467300000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reporting period. Actual results <em style="font: inherit;"> may </em>differ from those estimates. As applicable to the consolidated financial statements, the critical accounting estimates relate to the fair value of share-based compensation, measurement of revenue, estimate of uncertain tax positions, and measurement of liabilities accounted for under the interest method.</p>
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"><b><i>Concentration of Credit Risk</i></b></p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">Financial instruments, which potentially subject the Company to significant concentrations of credit risk, consist primarily of cash and cash equivalents and marketable securities. The primary objectives for the Company’s investment portfolio are the preservation of capital and the maintenance of liquidity. The Company does <em style="font: inherit;">not</em> enter into any investment transaction for trading or speculative purposes.</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">The Company’s investment policy limits investments to certain types of instruments such as certificates of deposit, money market instruments, obligations issued by the U.S. government and U.S. government agencies as well as corporate debt securities, and places restrictions on maturities and concentration by type and issuer. The Company maintains cash balances in excess of amounts insured by the Federal Deposit Insurance Corporation and concentrated within a limited number of financial institutions. The accounts are monitored by management to mitigate the risk.</p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;">The Company’s product sales are recognized through the Company's arrangement with a single customer, a <em style="font: inherit;">third</em>-party national specialty distributor. The Company assesses the need for an allowance for doubtful accounts primarily based on creditworthiness, historical payment experience and general economic conditions. The Company has <em style="font: inherit;">not</em> experienced any credit losses related to this customer and has <em style="font: inherit;">not</em> currently recognized any allowance for doubtful accounts.</p>
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2165000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M23D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y5M15D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1025 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0562 pure
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-109783000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-110820000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22806812
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22347481
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.81
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.96
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
49000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2887000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
360000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2527000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1141000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
357000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
58000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5527000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5786000 usd
CY2022Q4 urgn Accrued Sales Reserve Current
AccruedSalesReserveCurrent
618000 usd
CY2021Q4 urgn Accrued Sales Reserve Current
AccruedSalesReserveCurrent
497000 usd
CY2022Q4 urgn Accrued Clinical Expense
AccruedClinicalExpense
2853000 usd
CY2021Q4 urgn Accrued Clinical Expense
AccruedClinicalExpense
1377000 usd
CY2022Q4 urgn Accrued Research And Development Expense
AccruedResearchAndDevelopmentExpense
1285000 usd
CY2021Q4 urgn Accrued Research And Development Expense
AccruedResearchAndDevelopmentExpense
1748000 usd
CY2022Q4 urgn Accrued Selling General And Administrative Expense
AccruedSellingGeneralAndAdministrativeExpense
1609000 usd
CY2021Q4 urgn Accrued Selling General And Administrative Expense
AccruedSellingGeneralAndAdministrativeExpense
1965000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
491000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
729000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
12383000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
12102000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
938000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
365000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
72000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-153000 usd
CY2022 us-gaap Interest And Other Income
InterestAndOtherIncome
1010000 usd
CY2021 us-gaap Interest And Other Income
InterestAndOtherIncome
212000 usd
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1556000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4676000 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3894000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2019000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1958000 usd
CY2022Q4 urgn Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
6695000 usd
CY2021Q4 urgn Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
5852000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
44663000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
107000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
44556000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
45480000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
26000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
45454000 usd
CY2021Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
66882000 usd
CY2021Q4 urgn Cash Cash Equivalents And Short Term Investments Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsAndShortTermInvestmentsAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2021Q4 urgn Cash Cash Equivalents And Short Term Investments Accumulated Gross Unrealized Losses Before Tax
CashCashEquivalentsAndShortTermInvestmentsAccumulatedGrossUnrealizedLossesBeforeTax
26000 usd
CY2021Q4 urgn Cash Cash Equivalents And Short Term Investments Fair Value Disclosure
CashCashEquivalentsAndShortTermInvestmentsFairValueDisclosure
66856000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
42200000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
44556000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
66181000 usd
CY2022Q4 urgn Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Three
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughThree
0 usd
CY2021Q4 urgn Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Three
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughThree
675000 usd
CY2022Q4 us-gaap Investments
Investments
44556000 usd
CY2021Q4 us-gaap Investments
Investments
66856000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4447000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4193000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3150000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2226000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1297000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1967000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
900000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
800000 usd
CY2020Q4 urgn Prepaid Forward Obligation
PrepaidForwardObligation
75000000 usd
CY2021 urgn Capitalized Closing Costs On Prepaid Forward Obligation
CapitalizedClosingCostsOnPrepaidForwardObligation
2599000 usd
CY2021 urgn Financing On Prepaid Forward Obligation
FinancingOnPrepaidForwardObligation
17291000 usd
CY2021 urgn Decrease In Prepaid Forward Obligation Amounts Paid And Payable
DecreaseInPrepaidForwardObligationAmountsPaidAndPayable
3979000 usd
CY2021Q4 urgn Prepaid Forward Obligation
PrepaidForwardObligation
85713000 usd
CY2022 urgn Financing On Prepaid Forward Obligation
FinancingOnPrepaidForwardObligation
21559000 usd
CY2022 urgn Decrease In Prepaid Forward Obligation Amounts Paid And Payable
DecreaseInPrepaidForwardObligationAmountsPaidAndPayable
8348000 usd
CY2022Q4 urgn Prepaid Forward Obligation
PrepaidForwardObligation
98923000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1146000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
904000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
788000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
975000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1045000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
224000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
224000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
65000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
66000 usd
CY2022 us-gaap Lease Cost
LeaseCost
816000 usd
CY2021 us-gaap Lease Cost
LeaseCost
887000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2452000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1180000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1586000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
398000 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1195000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
251000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
49000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
300000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
243000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
251000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
49000 usd
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
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CY2022 us-gaap Sublease Income
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