$WVE
Wave Life Sciences Ltd.

2020 Q1 Form 10-K Financial Statement

#000156459020007972 Filed on March 02, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019 Q3
Revenue $4.160M $2.400M $2.929M
YoY Change 37.48% -33.7% -34.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $13.00M $13.81M $12.52M
YoY Change 19.27% 8.31% 27.11%
% of Gross Profit
Research & Development $41.16M $49.13M $44.59M
YoY Change 2.61% 23.41% 35.61%
% of Gross Profit
Depreciation & Amortization $2.039M $2.010M $1.940M
YoY Change 14.36% 17.54% 32.88%
% of Gross Profit
Operating Expenses $54.15M $62.93M $57.11M
YoY Change 6.16% 19.73% 33.66%
Operating Profit -$49.99M -$60.53M -$54.18M
YoY Change 4.18% 23.68% 41.71%
Interest Expense $390.0K $740.0K $1.210M
YoY Change -72.54% -26.73% 14.15%
% of Operating Profit
Other Income/Expense, Net $2.120M $3.030M $2.250M
YoY Change -44.03% -69.52% -589.13%
Pretax Income -$47.49M -$56.77M -$50.73M
YoY Change 7.44% 49.43% 34.81%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$47.49M -$56.77M -$50.73M
YoY Change 7.45% 49.84% 34.8%
Net Earnings / Revenue -1141.66% -2365.42% -1731.85%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.378M -$1.655M -$1.480M
COMMON SHARES
Basic Shares Outstanding 34.54M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.9M $147.2M $209.0M
YoY Change -57.96% -15.79% -0.71%
Cash & Equivalents $120.9M $147.2M $212.7M
Short-Term Investments
Other Short-Term Assets $18.84M $8.689M $21.20M
YoY Change 7.67% -20.04% 66.93%
Inventory
Prepaid Expenses $9.999M $9.626M
Receivables $0.00 $20.00M $20.00M
Other Receivables $18.70M $0.00 $0.00
Total Short-Term Assets $149.8M $185.5M $250.3M
YoY Change -52.44% -8.3% 7.33%
LONG-TERM ASSETS
Property, Plant & Equipment $52.60M $36.37M $55.70M
YoY Change -11.3% -8.92% 47.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.100M $14.30M $11.20M
YoY Change -3.17% 286.49% 202.7%
Total Long-Term Assets $88.80M $98.77M $96.90M
YoY Change -23.18% 5.45% 6.02%
TOTAL ASSETS
Total Short-Term Assets $149.8M $185.5M $250.3M
Total Long-Term Assets $88.80M $98.77M $96.90M
Total Assets $238.6M $284.3M $347.2M
YoY Change -44.59% -3.95% 6.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.50M $9.073M $20.20M
YoY Change 13.01% -30.68% 68.33%
Accrued Expenses $14.40M $5.030M $16.90M
YoY Change 26.32% -8.58% 77.89%
Deferred Revenue $89.65M
YoY Change -11.19%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $118.9M $118.2M $133.4M
YoY Change -9.84% -9.14% 6.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $91.00M $1.721M $91.20M
YoY Change -3.19% -19.65% 6000.33%
Total Long-Term Liabilities $91.00M $94.49M $91.20M
YoY Change -3.19% 11.59% 8.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $118.9M $118.2M $133.4M
Total Long-Term Liabilities $91.00M $94.49M $91.20M
Total Liabilities $209.8M $212.6M $224.6M
YoY Change -7.13% -0.97% 6.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $539.5M
YoY Change 43.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.86M $63.73M $114.8M
YoY Change
Total Liabilities & Shareholders Equity $238.6M $284.3M $347.2M
YoY Change -44.59% -3.93% 6.97%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income -$47.49M -$56.77M -$50.73M
YoY Change 7.45% 49.84% 34.8%
Depreciation, Depletion And Amortization $2.039M $2.010M $1.940M
YoY Change 14.36% 17.54% 32.88%
Cash From Operating Activities -$26.25M -$61.24M -$43.68M
YoY Change -47.9% 86.59% 50.57%
INVESTING ACTIVITIES
Capital Expenditures $580.0K -$1.350M -$460.0K
YoY Change 14.17% -60.98% -86.43%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$580.0K -$1.350M -$460.0K
YoY Change 14.17% -60.98% -86.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 614.0K 760.0K 250.0K
YoY Change -99.62% 18.75% -81.48%
NET CHANGE
Cash From Operating Activities -26.25M -61.24M -43.68M
Cash From Investing Activities -580.0K -1.350M -460.0K
Cash From Financing Activities 614.0K 760.0K 250.0K
Net Change In Cash -26.21M -61.83M -43.89M
YoY Change -123.25% 73.48% 41.35%
FREE CASH FLOW
Cash From Operating Activities -$26.25M -$61.24M -$43.68M
Capital Expenditures $580.0K -$1.350M -$460.0K
Free Cash Flow -$26.83M -$59.89M -$43.22M
YoY Change -47.28% 103.99% 68.7%

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CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9938000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18887000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3918000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9938000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18887000
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
161792000
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
60000000
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
93509000
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
16000
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
62000
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2607000
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5110000
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
927000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
164399000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
65094000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
94374000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
114000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37000
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
403000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27636000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
32331000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7781000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
178444000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
147200000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
146113000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
153894000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
150808000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
178444000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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 consolidated financial statements and the reported amounts of expenses during the reporting periods. Significant estimates and assumptions reflected in these consolidated financial statements include the assumptions used to determine the fair value of share-based awards, the Company’s revenue recognition policy, particularly, <span style="Background-color:#FFFFFF;color:#000000;">(a) assessing the number of performance obligations; (b) determining the transaction price; (c) allocating the transaction price to the performance obligations in the contract; and (d) determining the pattern over which performance obligations are satisfied, including estimates to complete performance obligations</span>, the evaluation of progress to completion of external research and development costs which can result in prepaid or accrued expenses related to the Company’s contract research organizations (“CROs”) and contract manufacturing organizations (“CMOs”), the valuation allowance required for the Company’s deferred tax assets, determining uncertain tax positions and the related liabilities, and estimating refundable tax credits. Estimates are periodically reviewed in light of changes in circumstances, facts and experience. Actual results could differ from the Company’s estimates. </p>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has reclassified certain prior period financial statement amounts to conform to its current period presentation. These reclassifications have not changed the results of operations of prior periods.</p>
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
150800000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3893000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5002000
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents are financial instruments that potentially subject the Company to concentration of credit risk. The Company uses several financial institutions to maintain its cash and cash equivalents, all of which are high quality, accredited financial institutions and, accordingly, such funds are subject to minimal credit risk. The Company has not experienced any losses in such accounts and management believes that the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held. The Company has no financial instruments with off-balance sheet risk of loss.</p>
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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3600000
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1275000
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7241000
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-192716000
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IncomeTaxExpenseBenefit
842000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44231000
CY2017 us-gaap Profit Loss
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-101980000
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908000
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-2893000
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P12M
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
The amount of the benefit that may be recognized is the largest amount that has a greater than 50% likelihood of being realized upon ultimate settlement.
CY2019Q1 us-gaap Operating Lease Liability
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CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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53371000
CY2018Q4 us-gaap Property Plant And Equipment Gross
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49431000
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17003000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9500000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36368000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
39931000
CY2019 us-gaap Depreciation
Depreciation
7600000
CY2018 us-gaap Depreciation
Depreciation
5600000
CY2017 us-gaap Depreciation
Depreciation
2200000
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8662000
CY2019Q4 us-gaap Accrued Liabilities Current
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5030000
CY2018Q4 us-gaap Accrued Liabilities Current
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5502000
CY2019Q4 wve Accrued Expenses And Other Current Liabilities
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CY2018Q4 wve Accrued Expenses And Other Current Liabilities
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CY2019Q4 us-gaap Accrued Liabilities And Other Liabilities
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CY2018Q4 us-gaap Accrued Liabilities And Other Liabilities
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CY2019Q4 us-gaap Preferred Stock Liquidation Preference
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CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11684000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
32547000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15596000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12143000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19509000
CY2019 us-gaap Operating Lease Cost
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CY2019 us-gaap Lease Cost
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CY2019 us-gaap Operating Lease Payments
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5846000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2018 us-gaap Earnings Per Share Basic And Diluted
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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5846000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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6021000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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6201000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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5236000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
49906000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
4500000
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
4900000
CY2017 us-gaap Operating Lease Expense
OperatingLeaseExpense
5600000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-146653000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-101980000
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28970404
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
26513382
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-5.72
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-3.85
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-193638000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-146584000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-101138000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018 us-gaap Current Income Tax Expense Benefit
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DeferredIncomeTaxExpenseBenefit
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CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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DeferredTaxAssetsOperatingLossCarryforwards
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31336000
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
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CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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11169000
CY2018Q4 wve Deferred Tax Assets Tax Deferred Expense Accumulated Amortization
DeferredTaxAssetsTaxDeferredExpenseAccumulatedAmortization
18829000
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CY2019Q4 us-gaap Deferred Tax Assets Net
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CY2018Q4 us-gaap Deferred Tax Assets Net
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CY2019Q4 us-gaap Deferred Income Tax Liabilities
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CY2018Q4 us-gaap Deferred Income Tax Liabilities
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CY2019 wve Deferred Tax Assets Valuation Allowance Increase
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CY2018 wve Deferred Tax Assets Valuation Allowance Increase
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CY2019 wve Deferred Tax Assets Valuation Foreign Currency Translation
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CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2018Q4 us-gaap Unrecognized Tax Benefits
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CY2019 wve Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
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CY2018 wve Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2018Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2019 wve Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations In Next Twelve Months
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q4 us-gaap Operating Expenses
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CY2019Q2 us-gaap Net Income Loss
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CY2019Q3 us-gaap Net Income Loss
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CY2019Q4 us-gaap Net Income Loss
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CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
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CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q4 us-gaap Operating Expenses
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CY2018Q3 us-gaap Operating Income Loss
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CY2018Q3 us-gaap Net Income Loss
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CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-37887000
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.26
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.23
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.28
CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.29

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