10-Q Filing

FRESHPET, INC. CIK: 1611647 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-030394`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	frpt20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 80 Cash Flow Statement 86 Stockholders Equity 42

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.74M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$338.11M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	48.24M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	48.05M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$54.41M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$57.57M	USD	Point-in-time
Inventories, net	`InventoryNet`	$58.29M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	48.23M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	48.04M	shares	Point-in-time
Inventories, net	`InventoryNet`	$59.06M	USD	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	14,000.00	shares	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	14,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$8.81M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.78M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.59M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.99M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$261.96M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$462.39M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$800.59M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$924.72M	USD	Point-in-time
Deposits on equipment	`DepositsOnPropertyPlantAndEquipmentNet`	$2.26M	USD	Point-in-time
Deposits on equipment	`DepositsOnPropertyPlantAndEquipmentNet`	$3.82M	USD	Point-in-time
Operating leases	`OperatingLeaseRightOfUseAsset`	$3.99M	USD	Point-in-time
Operating leases	`OperatingLeaseRightOfUseAsset`	$5.17M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	-	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$25.42M	USD	Point-in-time
Long term investment in equity securities	`EquitySecuritiesFVNINoncurrent`	-	USD	Point-in-time
Long term investment in equity securities	`EquitySecuritiesFVNINoncurrent`	$23.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.43M	USD	Point-in-time
Total Assets	`Assets`	$1.44B	USD	Point-in-time
Total Assets	`Assets`	$1.13B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.91M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$33.02M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$39.38M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.51M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.45M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilityCurrent`	-	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.04M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$89.61M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$83.77M	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible senior notes	`ConvertibleDebtNoncurrent`	$392.56M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.20M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.85M	USD	Point-in-time
Long term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long term finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$26.60M	USD	Point-in-time
Total Liabilities	`Liabilities`	$93.81M	USD	Point-in-time
Total Liabilities	`Liabilities`	$505.78M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 48,240 issued and 48,226 outstanding on September 30, 2023, and 48,051 issued and 48,037 outstanding on December 31, 2022	`CommonStockValue`	$48.00K	USD	Point-in-time
Common stock voting, $0.001 par value, 200,000 shares authorized, 48,240 issued and 48,226 outstanding on September 30, 2023, and 48,051 issued and 48,037 outstanding on December 31, 2022	`CommonStockValue`	$48.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.33B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-344.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-295.12M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.37M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-959.00K	USD	Point-in-time
Treasury stock, at cost 14 shares on September 30, 2023 and on December 31, 2022	`TreasuryStockCommonValue`	$256.00K	USD	Point-in-time
Treasury stock, at cost 14 shares on September 30, 2023 and on December 31, 2022	`TreasuryStockCommonValue`	$256.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$938.56M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$937.78M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$719.75M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.13B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.44B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$151.33M	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$429.51M	USD	3 Qtrs
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$200.62M	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$551.47M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$106.79M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$134.33M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$375.18M	USD	3 Qtrs
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$289.19M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$140.32M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$44.55M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$176.30M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$66.29M	USD	1 Quarter
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$221.64M	USD	3 Qtrs
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$190.24M	USD	3 Qtrs
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$60.45M	USD	1 Quarter
SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES	`SellingGeneralAndAdministrativeExpense`	$73.37M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-7.08M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-49.92M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-15.90M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-45.34M	USD	3 Qtrs
Interest and Other Income, net	`OtherNonoperatingIncomeExpense`	$256.00K	USD	1 Quarter
Interest and Other Income, net	`OtherNonoperatingIncomeExpense`	$9.19M	USD	3 Qtrs
Interest and Other Income, net	`OtherNonoperatingIncomeExpense`	$4.13M	USD	1 Quarter
Interest and Other Income, net	`OtherNonoperatingIncomeExpense`	$492.00K	USD	3 Qtrs
Interest Expense	`InterestExpense`	$1.82M	USD	1 Quarter
Interest Expense	`InterestExpense`	$4.15M	USD	1 Quarter
Interest Expense	`InterestExpense`	$4.06M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$10.65M	USD	3 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-18.00K	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-1.46M	USD	3 Qtrs
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-1.56M	USD	1 Quarter
Nonoperating Income (Expense)	`NonoperatingIncomeExpense`	$-3.57M	USD	3 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-53.48M	USD	3 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.46M	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.10M	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-46.80M	USD	3 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$123.00K	USD	3 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$210.00K	USD	3 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$70.00K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-943.00K	USD	1 Quarter
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-2.97M	USD	3 Qtrs
LOSS ON EQUITY METHOD INVESTMENT	`IncomeLossFromEquityMethodInvestments`	$-1.89M	USD	3 Qtrs
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-18.45M	USD	1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-7.17M	USD	1 Quarter
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-48.90M	USD	3 Qtrs
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-56.58M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-296.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$895.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.33M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-592.00K	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$271.00K	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$271.00K	USD	3 Qtrs
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$-321.00K	USD	1 Quarter
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$-296.00K	USD	1 Quarter
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$-2.33M	USD	3 Qtrs
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	`OtherComprehensiveIncomeLossNetOfTax`	$1.17M	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-55.41M	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-7.46M	USD	1 Quarter
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-51.23M	USD	3 Qtrs
TOTAL COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-18.77M	USD	1 Quarter
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.39	USD	1 Quarter
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-1.02	USD	3 Qtrs
-BASIC (in dollars per share)	`EarningsPerShareBasic`	$-1.24	USD	3 Qtrs
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.39	USD	1 Quarter
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-1.02	USD	3 Qtrs
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
-DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-1.24	USD	3 Qtrs
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.55M	shares	3 Qtrs
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.86M	shares	1 Quarter
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.19M	shares	1 Quarter
-BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.12M	shares	3 Qtrs
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.12M	shares	3 Qtrs
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.86M	shares	1 Quarter
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.55M	shares	3 Qtrs
-DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.19M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-48.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-56.58M	USD	3 Qtrs
Provision for loss (gains) on accounts receivable	`ProvisionForDoubtfulAccounts`	$-23.00K	USD	3 Qtrs
Provision for loss (gains) on accounts receivable	`ProvisionForDoubtfulAccounts`	$9.00K	USD	3 Qtrs
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	$-688.00K	USD	3 Qtrs
Loss on disposal of equipment	`GainLossOnDispositionOfAssets`	$-203.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$24.95M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$20.41M	USD	3 Qtrs
Inventory obsolescence	`InventoryWriteDown`	$3.46M	USD	3 Qtrs
Inventory obsolescence	`InventoryWriteDown`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$45.44M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$24.42M	USD	3 Qtrs
Write-off and amortization of deferred financing costs and loan discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.55M	USD	3 Qtrs
Write-off and amortization of deferred financing costs and loan discount	`AmortizationOfFinancingCostsAndDiscounts`	$596.00K	USD	3 Qtrs
Change in operating lease right of use asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.02M	USD	3 Qtrs
Change in operating lease right of use asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-1.18M	USD	3 Qtrs
Loss on equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.89M	USD	3 Qtrs
Loss on equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$2.97M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.15M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$32.22M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$773.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.07M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$696.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.50M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.64M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.43M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.30M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$4.63M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$11.11M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherLeaseLiabilities`	$-1.42M	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOtherLeaseLiabilities`	$-1.03M	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.97M	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-53.68M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$19.84M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$113.44M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	-	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$113.44M	USD	3 Qtrs
Investments in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$3.29M	USD	3 Qtrs
Investments in equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Acquisitions of property, plant and equipment, software and deposits on equipment	`PaymentsToAcquireProductiveAssets`	$167.44M	USD	3 Qtrs
Acquisitions of property, plant and equipment, software and deposits on equipment	`PaymentsToAcquireProductiveAssets`	$161.64M	USD	3 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-161.64M	USD	3 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-190.57M	USD	3 Qtrs
Proceeds from common shares issued in primary offering, net of issuance cost	`ProceedsFromIssuanceInitialPublicOffering`	$337.51M	USD	3 Qtrs
Proceeds from common shares issued in primary offering, net of issuance cost	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from exercise of options to purchase common stock	`ProceedsFromStockOptionsExercised`	$4.17M	USD	3 Qtrs
Proceeds from exercise of options to purchase common stock	`ProceedsFromStockOptionsExercised`	$329.00K	USD	3 Qtrs
Tax withholdings related to net shares settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$859.00K	USD	3 Qtrs
Tax withholdings related to net shares settlements of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.28M	USD	3 Qtrs
Proceeds from borrowings under Credit Facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from borrowings under Credit Facility	`ProceedsFromLinesOfCredit`	$78.00M	USD	3 Qtrs
Repayment of borrowings under Credit Facilities	`RepaymentsOfLinesOfCredit`	$2.79M	USD	3 Qtrs
Repayment of borrowings under Credit Facilities	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Purchase of capped call option	`PaymentsToAcquireCappedCallOptions`	-	USD	3 Qtrs
Purchase of capped call option	`PaymentsToAcquireCappedCallOptions`	$66.21M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$393.52M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	$548.00K	USD	3 Qtrs
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	$548.00K	USD	1 Quarter
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Principal payments under finance lease obligations	`FinanceLeasePrincipalPayments`	-	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.03M	USD	3 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$328.05M	USD	3 Qtrs
Net cash flows provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$411.77M	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$167.52M	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$205.37M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$338.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$132.74M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$240.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$72.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$338.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$132.74M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$240.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$72.79M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$3.15M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$8.69M	USD	3 Qtrs
Property, plant and equipment purchases in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$23.03M	USD	3 Qtrs
Property, plant and equipment purchases in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$15.49M	USD	3 Qtrs
Non-cash addition of finance lease to property, plant and equipment	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	3 Qtrs
Non-cash addition of finance lease to property, plant and equipment	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$29.19M	USD	3 Qtrs
Issuance of partner warrants	`IssuanceOfPartnerWarrants`	$9.78M	USD	3 Qtrs
Issuance of partner warrants	`IssuanceOfPartnerWarrants`	-	USD	3 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$938.56M	USD	Point-in-time
Balances	`StockholdersEquity`	$937.78M	USD	Point-in-time
Balances	`StockholdersEquity`	$719.75M	USD	Point-in-time
Exercise of options to purchase common stock (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	203,000.00	shares	3 Qtrs
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$329.00K	USD	3 Qtrs
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.17M	USD	3 Qtrs
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.11M	USD	1 Quarter
Exercise of options to purchase common stock	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-1.28M	USD	3 Qtrs
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-859.00K	USD	3 Qtrs
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-9.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-66.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.13M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.26M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.12M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.67M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-296.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$895.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.33M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-592.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-48.90M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-56.58M	USD	3 Qtrs
Issuance of partner warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$9.78M	USD	1 Quarter
Issuance of partner warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$9.78M	USD	3 Qtrs
Shares issued in primary offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$337.51M	USD	3 Qtrs
Shares issued in primary offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$-341.00K	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$271.00K	USD	1 Quarter
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$271.00K	USD	3 Qtrs
Unrealized gain on available for sale investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Purchase of capped call option	`AdjustmentsToAdditionalPaidInCapitalPurchaseOfCappedCallOption`	$-66.21M	USD	3 Qtrs
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balances	`StockholdersEquity`	$938.56M	USD	Point-in-time
Balances	`StockholdersEquity`	$937.78M	USD	Point-in-time
Balances	`StockholdersEquity`	$719.75M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.