2024 Q1 Form 10-K Financial Statement

#000143774924007753 Filed on March 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $18.78M $23.53M $82.71M
YoY Change 9.24% 30.06% 28.52%
Cost Of Revenue $1.728M $2.286M $9.361M
YoY Change -23.71% 1.02% 22.3%
Gross Profit $17.05M $21.24M $73.35M
YoY Change 14.24% 34.21% 29.36%
Gross Profit Margin 90.8% 90.28% 88.68%
Selling, General & Admin $27.30M $24.55M $93.27M
YoY Change 11.54% 13.48% 12.6%
% of Gross Profit 160.08% 115.57% 127.16%
Research & Development $15.49M $11.30M $45.61M
YoY Change 23.97% -21.93% -13.78%
% of Gross Profit 90.86% 53.2% 62.19%
Depreciation & Amortization $100.0K $190.0K $800.0K
YoY Change -50.0% -19.49% -11.11%
% of Gross Profit 0.59% 0.89% 1.09%
Operating Expenses $42.79M $35.85M $138.9M
YoY Change 15.74% -0.71% 2.32%
Operating Profit -$25.74M -$14.61M -$65.54M
YoY Change 16.76% -27.97% -17.09%
Interest Expense -$649.0K -$2.860M -$12.07M
YoY Change -77.68% 1.53% 62.55%
% of Operating Profit
Other Income/Expense, Net -$183.0K -$4.693M $838.0K
YoY Change 1120.0% -7.64% -103.89%
Pretax Income -$32.23M -$22.16M -$98.32M
YoY Change 6.76% -21.36% -8.98%
Income Tax $54.00K $3.854M $3.920M
% Of Pretax Income
Net Earnings -$32.29M -$26.02M -$102.2M
YoY Change 6.86% -7.9% -6.34%
Net Earnings / Revenue -171.91% -110.57% -123.61%
Basic Earnings Per Share -$0.97 -$3.55
Diluted Earnings Per Share -$0.97 -$0.72 -$3.55
COMMON SHARES
Basic Shares Outstanding 34.12M 30.87M 28.83M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $164.0M $137.0M $137.0M
YoY Change 152.17% 37.02% 37.02%
Cash & Equivalents $131.4M $95.00M $95.00M
Short-Term Investments $32.61M $41.97M $41.97M
Other Short-Term Assets $11.31M $11.10M $11.10M
YoY Change -12.7% -6.82% -6.82%
Inventory $7.243M $5.673M $5.673M
Prepaid Expenses
Receivables $14.16M $15.44M $15.44M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $196.8M $169.2M $169.2M
YoY Change 105.02% 31.25% 31.25%
LONG-TERM ASSETS
Property, Plant & Equipment $566.0K $689.0K $2.360M
YoY Change -48.69% -46.88% -37.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $481.0K $4.502M $4.502M
YoY Change -95.27%
Other Assets $1.098M $2.038M $2.263M
YoY Change -65.25% -25.62% -23.62%
Total Long-Term Assets $3.814M $9.125M $9.125M
YoY Change -77.54% 35.95% 35.95%
TOTAL ASSETS
Total Short-Term Assets $196.8M $169.2M $169.2M
Total Long-Term Assets $3.814M $9.125M $9.125M
Total Assets $200.6M $178.3M $178.3M
YoY Change 77.57% 31.48% 31.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.259M $6.514M $6.514M
YoY Change -10.18% 17.86% 17.86%
Accrued Expenses $17.66M $21.66M $21.66M
YoY Change 10.06% 34.9% 34.9%
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 $26.34M $31.21M $31.21M
YoY Change 4.38% 30.51% 30.51%
LONG-TERM LIABILITIES
Long-Term Debt $97.59M $98.55M $98.55M
YoY Change -0.36% 1.04% 1.04%
Other Long-Term Liabilities $116.8M $113.8M $113.8M
YoY Change 9.82% 9.88% 9.88%
Total Long-Term Liabilities $97.59M $98.55M $212.3M
YoY Change -0.36% 1.04% 5.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.34M $31.21M $31.21M
Total Long-Term Liabilities $97.59M $98.55M $212.3M
Total Liabilities $240.7M $243.5M $243.5M
YoY Change 4.88% 8.24% 8.24%
SHAREHOLDERS EQUITY
Retained Earnings -$711.6M -$679.3M
YoY Change 17.17% 17.71%
Common Stock $671.5M $614.1M
YoY Change 36.82% 25.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$40.13M -$65.21M -$65.21M
YoY Change
Total Liabilities & Shareholders Equity $200.6M $178.3M $178.3M
YoY Change 77.57% 31.48% 31.48%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$32.29M -$26.02M -$102.2M
YoY Change 6.86% -7.9% -6.34%
Depreciation, Depletion And Amortization $100.0K $190.0K $800.0K
YoY Change -50.0% -19.49% -11.11%
Cash From Operating Activities -$31.74M -$13.00M -$76.38M
YoY Change 22.97% -40.25% -12.77%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $56.00K $194.0K
YoY Change -100.0% 330.77% -23.62%
Acquisitions
YoY Change
Other Investing Activities $13.52M -$11.29M -$759.0K
YoY Change 114.81% -148.82% -157.76%
Cash From Investing Activities $13.52M -$11.34M -$953.0K
YoY Change 115.6% -149.09% -189.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $67.36M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $54.66M 40.00K $116.9M
YoY Change 8045.6% -99.84% 20.38%
NET CHANGE
Cash From Operating Activities -$31.74M -13.00M -$76.38M
Cash From Investing Activities $13.52M -11.34M -$953.0K
Cash From Financing Activities $54.66M 40.00K $116.9M
Net Change In Cash $36.44M -24.30M $39.60M
YoY Change -293.15% -190.93% 272.37%
FREE CASH FLOW
Cash From Operating Activities -$31.74M -$13.00M -$76.38M
Capital Expenditures $0.00 $56.00K $194.0K
Free Cash Flow -$31.74M -$13.05M -$76.57M
YoY Change 22.86% -40.03% -12.8%

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CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1125000 usd
CY2023 urgn Increase Decrease In Uncertain Tax Positions
IncreaseDecreaseInUncertainTaxPositions
176000 usd
CY2022 urgn Increase Decrease In Uncertain Tax Positions
IncreaseDecreaseInUncertainTaxPositions
176000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-76376000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-87559000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
49832000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
63009000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
49073000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
64323000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
194000 usd
CY2023Q4 urgn Accrued Sales Reserve Current
AccruedSalesReserveCurrent
4391000 usd
CY2022Q4 urgn Accrued Sales Reserve Current
AccruedSalesReserveCurrent
618000 usd
CY2023Q4 urgn Accrued Clinical Expense
AccruedClinicalExpense
1246000 usd
CY2022Q4 urgn Accrued Clinical Expense
AccruedClinicalExpense
2853000 usd
CY2023Q4 urgn Accrued Research And Development Expense
AccruedResearchAndDevelopmentExpense
1049000 usd
CY2022Q4 urgn Accrued Research And Development Expense
AccruedResearchAndDevelopmentExpense
1285000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
254000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-953000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1060000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
873000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1511000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
95783000 usd
CY2023 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
48700000 usd
CY2022 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
67358000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
-0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
160000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
116931000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
97134000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
39602000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10635000 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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
95823000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
56221000 usd
CY2023 urgn Non Cash New Lease Liabilities
NonCashNewLeaseLiabilities
122000 usd
CY2022 urgn Non Cash New Lease Liabilities
NonCashNewLeaseLiabilities
2165000 usd
CY2023 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"></a><span style="text-transform:uppercase;">Note <em style="font: inherit;">1</em><i> </i>– 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>
CY2023 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 $679.3 million and $577.1 million as of <em style="font: inherit;"> December 31, 2023</em> and <em style="font: inherit;">2022</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<i> Jelmyto</i> 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>
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-679300000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-577100000 usd
CY2023 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> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p>
CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
141500000 usd
CY2023 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> <p style="font-family: Calibri; font-size: 10pt; font-variant: normal; margin: 0pt;"> </p>
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6514000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5527000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-102244000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-109783000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28834303
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22806812
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.55
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.81
CY2023Q4 urgn Accrued Selling General And Administrative Expense
AccruedSellingGeneralAndAdministrativeExpense
2752000 usd
CY2022Q4 urgn Accrued Selling General And Administrative Expense
AccruedSellingGeneralAndAdministrativeExpense
1609000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
586000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
491000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
16538000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
12383000 usd
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
2641000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
938000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
838000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
72000 usd
CY2023 us-gaap Interest And Other Income
InterestAndOtherIncome
3479000 usd
CY2022 us-gaap Interest And Other Income
InterestAndOtherIncome
1010000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4464000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4676000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2877000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2019000 usd
CY2023Q4 urgn Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
7341000 usd
CY2022Q4 urgn Inventory Current And Noncurrent Net
InventoryCurrentAndNoncurrentNet
6695000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
46456000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
53000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
41000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
46468000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
56160000 usd
CY2023Q4 urgn Cash Cash Equivalents And Short Term Investments Accumulated Gross Unrealized Gain Before Tax
CashCashEquivalentsAndShortTermInvestmentsAccumulatedGrossUnrealizedGainBeforeTax
53000 usd
CY2023Q4 urgn Cash Cash Equivalents And Short Term Investments Accumulated Gross Unrealized Losses Before Tax
CashCashEquivalentsAndShortTermInvestmentsAccumulatedGrossUnrealizedLossesBeforeTax
41000 usd
CY2023Q4 urgn Cash Cash Equivalents And Short Term Investments Fair Value Disclosure
CashCashEquivalentsAndShortTermInvestmentsFairValueDisclosure
56172000 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
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
22900000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
51670000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
44556000 usd
CY2023Q4 urgn Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Three
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughThree
4502000 usd
CY2022Q4 urgn Debt Securities Availableforsale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Three
DebtSecuritiesAvailableforsaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughThree
0 usd
CY2023Q4 us-gaap Investments
Investments
56172000 usd
CY2022Q4 us-gaap Investments
Investments
44556000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4641000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4447000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3952000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3150000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
689000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1297000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
800000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
900000 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
8349000 usd
CY2022Q4 urgn Prepaid Forward Obligation
PrepaidForwardObligation
98923000 usd
CY2023 urgn Financing On Prepaid Forward Obligation
FinancingOnPrepaidForwardObligation
21552000 usd
CY2023 urgn Decrease In Prepaid Forward Obligation Amounts Paid And Payable
DecreaseInPrepaidForwardObligationAmountsPaidAndPayable
10753000 usd
CY2023Q4 urgn Prepaid Forward Obligation
PrepaidForwardObligation
109722000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
934000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
975000 usd
CY2023 us-gaap Sublease Income
SubleaseIncome
224000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
224000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
73000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
65000 usd
CY2023 us-gaap Lease Cost
LeaseCost
783000 usd
CY2022 us-gaap Lease Cost
LeaseCost
816000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1671000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2452000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
844000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1586000 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1169000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1195000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
122000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2165000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y11M1D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M23D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1021 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1025 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
938000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
825000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
58000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1821000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
158000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1663000 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
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
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
49000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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