2020 Q4 Form 10-Q Financial Statement
#000155837020013395 Filed on November 09, 2020
Income Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
Revenue | $6.500M | $117.8M | $20.43M |
YoY Change | -80.11% | 476.73% | 875.79% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $8.300M | $8.300M | $8.500M |
YoY Change | -16.16% | -2.35% | 28.79% |
% of Gross Profit | |||
Research & Development | $22.00M | $25.04M | $29.78M |
YoY Change | -39.89% | -15.91% | 79.03% |
% of Gross Profit | |||
Depreciation & Amortization | $1.000M | $1.000M | $700.0K |
YoY Change | 25.0% | 42.86% | 40.0% |
% of Gross Profit | |||
Operating Expenses | $30.30M | $33.32M | $38.24M |
YoY Change | -34.76% | -12.88% | 64.54% |
Operating Profit | $84.53M | -$17.81M | |
YoY Change | -574.68% | -15.79% | |
Interest Expense | $100.0K | $254.0K | $1.823M |
YoY Change | -92.86% | -86.07% | 93.52% |
% of Operating Profit | 0.3% | ||
Other Income/Expense, Net | $7.700M | $1.084M | $2.801M |
YoY Change | -3950.0% | -61.3% | 226.46% |
Pretax Income | -$15.90M | $85.60M | -$15.01M |
YoY Change | 26.19% | -670.44% | -26.04% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$15.90M | $85.61M | -$15.01M |
YoY Change | 26.45% | -670.51% | -26.04% |
Net Earnings / Revenue | -244.62% | 72.65% | -73.44% |
Basic Earnings Per Share | $2.30 | -$0.41 | |
Diluted Earnings Per Share | -$426.3K | $2.27 | -$0.41 |
COMMON SHARES | |||
Basic Shares Outstanding | 37.47M | 37.24M | 36.74M |
Diluted Shares Outstanding | 37.67M | 36.74M |
Balance Sheet
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $181.1M | $200.0M | $307.4M |
YoY Change | -35.67% | -34.94% | 71.16% |
Cash & Equivalents | $104.4M | $147.4M | $82.64M |
Short-Term Investments | $76.70M | $52.60M | $224.8M |
Other Short-Term Assets | $1.575M | $3.600M | $6.200M |
YoY Change | 12.66% | -41.94% | 113.79% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $8.000M | $12.70M | $14.00M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $197.8M | $216.3M | $327.6M |
YoY Change | -35.09% | -33.97% | 79.51% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $25.44M | $23.21M | $15.29M |
YoY Change | 41.42% | 51.79% | 22.34% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $2.200M | $2.000M |
YoY Change | -100.0% | 10.0% | 150.0% |
Other Assets | $2.300M | $1.900M | $2.000M |
YoY Change | 35.29% | -5.0% | 53.85% |
Total Long-Term Assets | $63.82M | $53.44M | $48.62M |
YoY Change | 27.37% | 9.92% | 233.03% |
TOTAL ASSETS | |||
Total Short-Term Assets | $197.8M | $216.3M | $327.6M |
Total Long-Term Assets | $63.82M | $53.44M | $48.62M |
Total Assets | $261.6M | $269.8M | $376.2M |
YoY Change | -26.26% | -28.3% | 90.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $634.0K | $3.386M | $4.026M |
YoY Change | -84.42% | -15.9% | 187.57% |
Accrued Expenses | $14.21M | $21.67M | $16.59M |
YoY Change | -33.98% | 30.61% | 97.48% |
Deferred Revenue | $7.729M | $13.46M | $56.54M |
YoY Change | -83.64% | -76.19% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $26.77M | $42.05M | $80.17M |
YoY Change | -64.79% | -47.55% | 167.24% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $44.41M | $29.26M | $32.80M |
YoY Change | 38.89% | -10.79% | -67.65% |
Total Long-Term Liabilities | $44.41M | $29.26M | $32.80M |
YoY Change | 38.89% | -10.79% | -67.65% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $26.77M | $42.05M | $80.17M |
Total Long-Term Liabilities | $44.41M | $29.26M | $32.80M |
Total Liabilities | $107.3M | $103.5M | $268.1M |
YoY Change | -57.98% | -61.38% | 103.85% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$275.9M | -$260.0M | -$300.1M |
YoY Change | -11.75% | -13.36% | |
Common Stock | $37.00K | $37.00K | $37.00K |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $154.3M | $166.2M | $108.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $261.6M | $269.8M | $376.2M |
YoY Change | -26.26% | -28.3% | 90.88% |
Cashflow Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$15.90M | $85.61M | -$15.01M |
YoY Change | 26.45% | -670.51% | -26.04% |
Depreciation, Depletion And Amortization | $1.000M | $1.000M | $700.0K |
YoY Change | 25.0% | 42.86% | 40.0% |
Cash From Operating Activities | -$22.00M | -$24.70M | -$21.60M |
YoY Change | -5.58% | 14.35% | 22.73% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$3.600M | -$5.100M | -$1.100M |
YoY Change | 5.88% | 363.64% | 22.22% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$18.00M | $32.60M | $23.80M |
YoY Change | -160.4% | 36.97% | -6050.0% |
Cash From Investing Activities | -$21.50M | $27.30M | $22.60M |
YoY Change | -181.44% | 20.8% | -1983.33% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 500.0K | 500.0K | 1.700M |
YoY Change | 66.67% | -70.59% | 21.43% |
NET CHANGE | |||
Cash From Operating Activities | -22.00M | -24.70M | -21.60M |
Cash From Investing Activities | -21.50M | 27.30M | 22.60M |
Cash From Financing Activities | 500.0K | 500.0K | 1.700M |
Net Change In Cash | -43.00M | 3.100M | 2.700M |
YoY Change | -1364.71% | 14.81% | -115.52% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$22.00M | -$24.70M | -$21.60M |
Capital Expenditures | -$3.600M | -$5.100M | -$1.100M |
Free Cash Flow | -$18.40M | -$19.60M | -$20.50M |
YoY Change | -7.54% | -4.39% | 22.75% |
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us-gaap |
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CY2019Q3 | us-gaap |
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us-gaap |
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2019Q3 | us-gaap |
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Weighted Average Number Of Shares Outstanding Basic
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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CY2019Q1 | us-gaap |
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CY2019Q1 | us-gaap |
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CY2019Q1 | us-gaap |
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CY2019Q2 | us-gaap |
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CY2019Q3 | us-gaap |
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CY2019Q3 | us-gaap |
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CY2019Q3 | us-gaap |
Net Income Loss
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CY2019Q3 | us-gaap |
Stockholders Equity
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CY2019Q4 | us-gaap |
Stockholders Equity
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CY2020Q1 | us-gaap |
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CY2020Q1 | us-gaap |
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CY2020Q1 | us-gaap |
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CY2020Q1 | us-gaap |
Net Income Loss
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CY2020Q1 | us-gaap |
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CY2020Q2 | us-gaap |
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CY2020Q2 | us-gaap |
Net Income Loss
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CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
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CY2020Q3 | us-gaap |
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CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
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CY2020Q3 | us-gaap |
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CY2020Q3 | us-gaap |
Net Income Loss
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CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
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us-gaap |
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ProfitLoss
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Share Based Compensation
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Depreciation
Depreciation
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Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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Other Noncash Income Expense
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vygr |
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IncreaseDecreaseInRightOfUseAssets
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vygr |
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Increase Decrease In Lease Liabilities
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Increase Decrease In Lease Liabilities
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Proceeds From Sale Of Productive Assets
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Payments To Acquire Marketable Securities
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us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
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Net Cash Provided By Used In Investing Activities
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us-gaap |
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ProceedsFromOtherEquity
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Net Cash Provided By Used In Financing Activities
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CY2019Q4 | us-gaap |
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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149226000 | |
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CapitalExpendituresIncurredButNotYetPaid
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us-gaap |
Nature Of Operations
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:0pt;"><b style="font-weight:bold;">VOYAGER THERAPEUTICS INC.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:center;margin:12pt 0pt 0pt 0pt;"><b style="font-weight:bold;">NOTE</b><b style="font-weight:bold;">S TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">1. Nature of business</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Voyager Therapeutics, Inc. (the “Company”) is a clinical-stage gene therapy company focused on developing life-changing treatments for patients suffering from severe neurological diseases. The Company is focused on neurological diseases where it believes an adeno-associated virus (“AAV”) gene therapy approach that either increases or decreases the production of a specific protein can slow or reduce the symptoms experienced by patients, and therefore have a clinically meaningful impact. The Company has built a gene therapy platform that it believes positions itself to be a leading company at the intersection of AAV gene therapy and severe neurological disease. The Company’s gene therapy platform enables it to engineer, optimize, manufacture and deliver its AAV-based gene therapies that have the potential to provide durable efficacy following a single administration. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Additionally, the Company is working to identify novel AAV capsids, which are the outer viral protein shells that enclose the genetic material of the virus payload. The Company’s team of experts in the fields of AAV gene therapy and neuroscience first identifies and selects severe neurological diseases that are well-suited for treatment using AAV gene therapy. The Company then engineers and optimizes AAV vectors for delivery of the virus payload to the targeted tissue or cells. The Company’s manufacturing process employs an established system that it believes will enable production of high quality AAV vectors at commercial scale. In addition to the Company’s capsid optimization efforts, it leverages novel delivery paradigms, established routes of administration, and advances in dosing techniques to optimize delivery of its AAV gene therapies to target tissues, regions and cell types that are critical to the disease of interest. The Company believes it can achieve this directly, with targeted infusions to discrete regions of the brain, the spinal cord, or systemically, in conjunction with its novel capsids.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company’s business strategy focuses on discovering, developing, manufacturing and commercializing its gene therapy programs. As part of this strategy, the Company has developed core competencies specific to AAV gene therapy development and manufacturing and is beginning to build its commercial infrastructure. This business strategy also includes business development activities that may include in-licensing activities or partnering certain programs in certain geographies with collaborators, as the Company has demonstrated through its ongoing <span style="background-color:#ffffff;">collaboration with Neurocrine Biosciences, Inc. (the “Neurocrine Collaboration</span>. The Company is devoting substantially all of its efforts to product research and development, market development, and raising capital. The Company is subject to risks common to companies in the biotechnology and gene therapy industries, including but not limited to, the need to obtain sufficient capital to continue to fund its operations, risks of failure of preclinical studies and clinical trials, the need to obtain marketing approval for its product candidates, the need to successfully commercialize and gain market acceptance of its product candidates, dependence on key personnel, protection of proprietary information and technology, protection against data breaches and other cybersecurity threats, compliance with government regulations, development by competitors of technological innovations, and ability to transition from pilot-scale manufacturing to large-scale production of products. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company has incurred annual net operating losses every year prior to 2020. As of September 30, 2020, the Company had an accumulated deficit of $260.0 million. The Company has not generated any product revenue and has financed its operations primarily through public offerings and private placements of its equity securities and funding from its prior collaborations with <span style="font-family:'Times';">Sanofi Genzyme Corporation (“Sanofi Genzyme”) and AbbVie Biotechnology Ltd and AbbVie Ireland Unlimited Company (collectively, “AbbVie”) and its ongoing collaboration with Neurocrine Biosciences, Inc. (“Neurocrine”)</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">Through September 30, 2020, the Company has raised approximately $640.0 million of proceeds from sales of convertible preferred stock and common stock, including its initial public offering and follow-on public offering, and proceeds from collaboration agreements. As of September 30, 2020, the Company had cash, cash equivalents, and marketable debt securities of $200.0 million. Based upon its current operating plan, the Company expects that its existing cash, cash equivalents, and marketable debt securities, as well as ongoing reimbursement amounts expected from development costs related to its collaboration and license agreement with Neurocrine, or the Neurocrine </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 12pt 0pt;">Collaboration Agreement, will enable the Company to meet its planned operating expenses and capital expenditure re<span style="background-color:#ffffff;">quirements</span> into mid-2022. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">There can be no assurance that the Company will be able to obtain additional debt or equity financing or generate product revenue or revenue from collaboration partners on terms acceptable to the Company, on a timely basis or at all. The failure of the Company to obtain sufficient funds on acceptable terms when needed could have a material adverse effect on the Company’s business, results of operations, and financial condition. </p> | ||
CY2020Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-260000000.0 | |
vygr |
Proceeds From Issuance Of Equity And Collaboration Agreements
ProceedsFromIssuanceOfEquityAndCollaborationAgreements
|
640000000.0 | ||
CY2020Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
200000000.0 | |
us-gaap |
Use Of Estimates
UseOfEstimates
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<p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;min-height:10.0pt;margin:0pt 0pt 12pt 0pt;"><i style="font-family:'Times New Roman','Times','serif';font-style:italic;">Use of estimates</i></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;min-height:10.0pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. On an ongoing basis, the Company’s management evaluates its estimates, which include, but are not limited to, estimates related to revenue recognition, accrued expenses, stock-based compensation expense, and income taxes. The Company bases its estimates on historical experience and other market specific or other relevant assumptions that it believes to be reasonable under the circumstances. Actual results may differ from those estimates or assumptions. Certain reclassifications have been made to prior periods to conform to current period presentation.</span></p> | ||
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
197411000 | |
CY2019Q4 | vygr |
Money Market Funds And Marketable Securities Amortized Cost Basis
MoneyMarketFundsAndMarketableSecuritiesAmortizedCostBasis
|
274990000 | |
CY2019Q4 | vygr |
Money Market Funds And Marketable Securities Gross Unrealized Gain Before Tax
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|
752000 | |
CY2019Q4 | vygr |
Money Market Funds And Marketable Securities Gross Unrealized Loss Before Tax
MoneyMarketFundsAndMarketableSecuritiesGrossUnrealizedLossBeforeTax
|
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CY2020Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
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CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1032000 | |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
54755000 | |
CY2020Q3 | vygr |
Money Market Funds And Marketable Securities Amortized Cost Basis
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|
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CY2020Q3 | vygr |
Money Market Funds And Marketable Securities Gross Unrealized Gain Before Tax
MoneyMarketFundsAndMarketableSecuritiesGrossUnrealizedGainBeforeTax
|
1032000 | |
CY2020Q3 | vygr |
Money Market Funds And Marketable Securities Fair Value
MoneyMarketFundsAndMarketableSecuritiesFairValue
|
200145000 | |
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Available For Sale Debt Securities Amortized Cost Basis
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|
196687000 | |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
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CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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CY2019Q4 | vygr |
Money Market Funds And Marketable Securities Fair Value
MoneyMarketFundsAndMarketableSecuritiesFairValue
|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2020Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
1779000 | |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
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CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q3 | vygr |
Accrued Research And Development Costs Current
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9353000 | |
CY2019Q4 | vygr |
Accrued Research And Development Costs Current
AccruedResearchAndDevelopmentCostsCurrent
|
13248000 | |
CY2020Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6649000 | |
CY2019Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
5733000 | |
CY2020Q3 | vygr |
Accrued Goods And Services Current
AccruedGoodsAndServicesCurrent
|
4608000 | |
CY2019Q4 | vygr |
Accrued Goods And Services Current
AccruedGoodsAndServicesCurrent
|
1386000 | |
CY2020Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
976000 | |
CY2019Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
897000 | |
CY2020Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
79000 | |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
252000 | |
CY2020Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21665000 | |
CY2019Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21516000 | |
CY2020Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
1800000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1490000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
6139000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
6323000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
6512000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
6708000 | |
CY2020Q3 | vygr |
Lessee Operating Lease Liability Payments Due Year Five And After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndAfterYearFive
|
14189000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
41360000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
9562000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
31798000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3539000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
28259000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
31798000 | |
CY2020Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1600000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
5000000.0 | ||
CY2019Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1100000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4100000 | ||
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y2M12D | |
CY2020Q3 | vygr |
Operating Lease Weighted Average Incremental Borrowing Rate
OperatingLeaseWeightedAverageIncrementalBorrowingRate
|
8.5 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3539000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
3193000 | |
CY2020Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3539000 | |
CY2019Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3193000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
28259000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
30975000 | |
CY2020Q3 | vygr |
Miscellaneous Other Liabilities Noncurrent
MiscellaneousOtherLiabilitiesNoncurrent
|
1001000 | |
CY2019Q4 | vygr |
Miscellaneous Other Liabilities Noncurrent
MiscellaneousOtherLiabilitiesNoncurrent
|
1001000 | |
CY2020Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
29260000 | |
CY2019Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
31976000 | |
CY2019Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
18496000 | |
vygr |
Additions To Contract With Customer Assets
AdditionsToContractWithCustomerAssets
|
29152000 | ||
vygr |
Deductions To Contract With Customer Assets
DeductionsToContractWithCustomerAssets
|
34959000 | ||
CY2020Q3 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
12689000 | |
CY2019Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
70040000 | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
24369000 | ||
CY2020Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
45671000 | |
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3532000 | |
CY2019Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3349000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11432000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12120000 | ||
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3532000 | |
CY2019Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3349000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11432000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12120000 | ||
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5653835 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37079242 | ||
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.09 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y7M6D | ||
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2078000 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2997805 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
15.50 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y6M | ||
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5317326 | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.98 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1388135 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
12.07 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
214287 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
10.24 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
837339 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
16.99 | ||
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1312000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4130891 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5892024 | ||
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
85611000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15006000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
52667000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-31023000 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37242504 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
36742993 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35581408 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37242504 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35581408 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
36742993 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37079242 | ||
CY2020Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
429824 | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
420913 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37672328 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
36742993 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37500155 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
35581408 |