2024 Q1 Form 10-K Financial Statement

#000162828024006852 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $56.38M $16.79M $86.18M
YoY Change -10.45% -66.03% -94.67%
Cost Of Revenue $59.00K $798.0K $2.765M
YoY Change -96.91% -86.69% -98.11%
Gross Profit $56.32M $15.99M $83.42M
YoY Change -7.75% -63.17% -94.32%
Gross Profit Margin 99.9% 95.25% 96.79%
Selling, General & Admin $36.27M $43.09M $178.0M
YoY Change -22.46% 11.22% 10.07%
% of Gross Profit 64.41% 269.5% 213.45%
Research & Development $100.1M $111.9M $589.7M
YoY Change -36.49% -27.88% 24.23%
% of Gross Profit 177.79% 699.95% 706.91%
Depreciation & Amortization $4.517M $4.451M $18.90M
YoY Change -17.87% 127.91% 200.0%
% of Gross Profit 8.02% 27.84% 22.66%
Operating Expenses $136.4M $155.0M $767.7M
YoY Change -33.28% -20.07% 20.63%
Operating Profit -$80.08M -$139.0M -$684.3M
YoY Change -44.14% -7.63% -182.14%
Interest Expense $15.37M $19.74M $65.10M
YoY Change 87.32% -21.18% -178.39%
% of Operating Profit
Other Income/Expense, Net $15.08M -$1.485M $56.11M
YoY Change 8140.98% -94.33% -171.22%
Pretax Income -$65.00M -$120.8M -$628.2M
YoY Change -54.61% -20.36% -183.28%
Income Tax $276.0K -$4.784M -$13.08M
% Of Pretax Income
Net Earnings -$65.28M -$116.0M -$615.1M
YoY Change -53.69% 14.14% -219.25%
Net Earnings / Revenue -115.79% -690.85% -713.76%
Basic Earnings Per Share -$0.48 -$4.59
Diluted Earnings Per Share -$0.48 -$0.86 -$4.59
COMMON SHARES
Basic Shares Outstanding 135.0M shares 134.5M shares 134.1M shares
Diluted Shares Outstanding 135.3M shares 134.1M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.150B $1.522B $1.522B
YoY Change -48.9% -36.62% -36.62%
Cash & Equivalents $160.7M $241.6M $241.6M
Short-Term Investments $989.1M $1.281B $1.281B
Other Short-Term Assets $4.100M $7.600M $65.82M
YoY Change -77.09% -71.21% -43.76%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.213B $1.588B $1.588B
YoY Change -48.57% -36.95% -36.95%
LONG-TERM ASSETS
Property, Plant & Equipment $92.48M $96.02M $167.2M
YoY Change -10.87% -9.08% -11.14%
Goodwill $16.94M $16.90M
YoY Change 0.0% 0.0%
Intangibles $22.47M $22.57M
YoY Change -31.14% -31.11%
Long-Term Investments $359.7M $105.3M $105.3M
YoY Change 631.34% 339.98% 339.98%
Other Assets $18.92M $18.86M $18.86M
YoY Change -18.76% -11.16% -11.16%
Total Long-Term Assets $580.9M $330.8M $330.8M
YoY Change 89.02% 16.9% 16.9%
TOTAL ASSETS
Total Short-Term Assets $1.213B $1.588B $1.588B
Total Long-Term Assets $580.9M $330.8M $330.8M
Total Assets $1.794B $1.919B $1.919B
YoY Change -32.71% -31.51% -31.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.114M $6.334M $6.334M
YoY Change -41.44% -1.37% -1.37%
Accrued Expenses $72.26M $104.2M $104.2M
YoY Change -84.15% -78.69% -78.69%
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 $94.07M $175.4M $175.4M
YoY Change -80.62% -65.68% -65.68%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $14.24M $14.26M $153.4M
YoY Change 72.9% 81.35% -26.89%
Total Long-Term Liabilities $14.24M $14.26M $153.4M
YoY Change 72.9% 81.35% -26.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $94.07M $175.4M $175.4M
Total Long-Term Liabilities $14.24M $14.26M $153.4M
Total Liabilities $246.6M $328.8M $328.8M
YoY Change -64.52% -54.59% -54.59%
SHAREHOLDERS EQUITY
Retained Earnings -$303.1M -$237.8M
YoY Change -228.25% -163.04%
Common Stock $14.00K $13.00K
YoY Change 7.69% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.547B $1.590B $1.590B
YoY Change
Total Liabilities & Shareholders Equity $1.794B $1.919B $1.919B
YoY Change -32.71% -31.51% -31.51%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$65.28M -$116.0M -$615.1M
YoY Change -53.69% 14.14% -219.25%
Depreciation, Depletion And Amortization $4.517M $4.451M $18.90M
YoY Change -17.87% 127.91% 200.0%
Cash From Operating Activities -$109.4M -$107.9M -$778.8M
YoY Change -13.03% -407.14% -146.82%
INVESTING ACTIVITIES
Capital Expenditures $1.872M $1.573M $21.57M
YoY Change -72.74% -87.51% -68.29%
Acquisitions
YoY Change
Other Investing Activities $30.29M -$103.3M $186.2M
YoY Change -71.14% -26.5% -116.54%
Cash From Investing Activities $28.42M -$104.8M $164.6M
YoY Change -71.02% -31.58% -113.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $152.0K 1.680M $7.480M
YoY Change -93.52% -16.46% -78.48%
NET CHANGE
Cash From Operating Activities -$109.4M -107.9M -$778.8M
Cash From Investing Activities $28.42M -104.8M $164.6M
Cash From Financing Activities $152.0K 1.680M $7.480M
Net Change In Cash -$80.82M -211.0M -$606.7M
YoY Change 218.7% 81.88% -220.24%
FREE CASH FLOW
Cash From Operating Activities -$109.4M -$107.9M -$778.8M
Capital Expenditures $1.872M $1.573M $21.57M
Free Cash Flow -$111.3M -$109.5M -$800.4M
YoY Change -16.12% -585.83% -150.17%

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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div>The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could materially differ from those estimates.
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CY2023Q4 vir Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
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CY2021 vir Impairment Of Intangible Asset Indefinite Lived Excluding Goodwill Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
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impairment losses
CY2023 vir Impairment Of Intangible Asset Indefinite Lived Excluding Goodwill Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
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impairment losses
CY2022 vir Impairment Of Intangible Asset Indefinite Lived Excluding Goodwill Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
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impairment losses
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CY2022Q4 us-gaap Other Assets Current
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PropertyPlantAndEquipmentGross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20743000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
96018000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18900000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6300000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2023Q4 vir Payroll And Related Expenses Current
PayrollAndRelatedExpensesCurrent
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CY2022Q4 vir Payroll And Related Expenses Current
PayrollAndRelatedExpensesCurrent
28286000 usd
CY2023Q4 vir Research And Development Expenses Current
ResearchAndDevelopmentExpensesCurrent
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CY2022Q4 vir Research And Development Expenses Current
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OperatingLeaseLiabilityCurrent
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CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2023Q4 vir Excess Funds Payable Under Grant Agreements Current
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9202000 usd
CY2022Q4 vir Excess Funds Payable Under Grant Agreements Current
ExcessFundsPayableUnderGrantAgreementsCurrent
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CY2023Q4 us-gaap Accrued Professional Fees Current
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3418000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
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CY2023Q4 us-gaap Accrued Royalties Current
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CY2022Q4 us-gaap Accrued Royalties Current
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CY2023Q4 us-gaap Accrued Income Taxes Current
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CY2022Q4 us-gaap Accrued Income Taxes Current
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CY2023Q4 vir Profit Share Amount Constraint
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CY2022Q4 vir Profit Share Amount Constraint
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CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3317000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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12711000 usd
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
104220000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
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489090000 usd
CY2023Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
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75 position
CY2023Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.12
CY2023 us-gaap Severance Costs1
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5900000 usd
CY2023Q4 us-gaap Restructuring Reserve
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4500000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
13934000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
15910000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
11921000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
10996000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
10176000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
4517000 usd
CY2023 us-gaap Lease Cost
LeaseCost
24930000 usd
CY2022 us-gaap Lease Cost
LeaseCost
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CY2021 us-gaap Lease Cost
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CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2023 us-gaap Operating Lease Payments
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CY2022 us-gaap Operating Lease Payments
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CY2021 us-gaap Operating Lease Payments
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CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18798000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16490000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
16935000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17388000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
69688000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023Q4 vir Operating Lease Incentive Over Lease Liabilities
OperatingLeaseIncentiveOverLeaseLiabilities
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CY2022Q4 vir Operating Lease Incentive Over Lease Liabilities
OperatingLeaseIncentiveOverLeaseLiabilities
17616000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.014
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.031
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2023 vir Incremental Common Shares Attributable To Dilutive Effect Of Restricted Share Subject To Future Vesting
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedShareSubjectToFutureVesting
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CY2022 vir Incremental Common Shares Attributable To Dilutive Effect Of Restricted Share Subject To Future Vesting
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedShareSubjectToFutureVesting
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CY2021 vir Incremental Common Shares Attributable To Dilutive Effect Of Restricted Share Subject To Future Vesting
IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedShareSubjectToFutureVesting
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CY2023 vir Incremental Common Shares Attributableto Share Based Payment Arrangements Employee Stock Purchase Plan
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CY2022 vir Incremental Common Shares Attributableto Share Based Payment Arrangements Employee Stock Purchase Plan
IncrementalCommonSharesAttributabletoShareBasedPaymentArrangementsEmployeeStockPurchasePlan
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CY2021 vir Incremental Common Shares Attributableto Share Based Payment Arrangements Employee Stock Purchase Plan
IncrementalCommonSharesAttributabletoShareBasedPaymentArrangementsEmployeeStockPurchasePlan
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CY2023 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
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CY2022 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
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CY2021 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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EarningsPerShareBasic
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CY2022 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Basic
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CY2023 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Earnings Per Share Diluted
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CY2021 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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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023 us-gaap Defined Contribution Plan Cost Recognized
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CY2022 us-gaap Defined Contribution Plan Cost Recognized
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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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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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
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CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
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CY2023Q4 vir Deferred Tax Assets Lease Liabilities
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CY2022Q4 vir Deferred Tax Assets Lease Liabilities
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2023 vir Effective Income Tax Rate Reconciliation Permanent Items Percent
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CY2022 vir Effective Income Tax Rate Reconciliation Permanent Items Percent
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CY2021 vir Effective Income Tax Rate Reconciliation Permanent Items Percent
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CY2023 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 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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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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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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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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