10-Q Filing

NATERA, INC. CIK: 1604821 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-013289`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ntra-20230630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 64 Cash Flow Statement 68 Stockholders Equity 40

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowances on accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.58M	USD	Point-in-time
Allowances on accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.83M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$466.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.61M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$381.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.38M	USD	Point-in-time
Short-term investments	`MarketableSecuritiesCurrent`	$354.83M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	111.25M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	114.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.14M	shares	Point-in-time
Short-term investments	`MarketableSecuritiesCurrent`	$432.30M	USD	Point-in-time
Accounts receivable, net of allowance of $5,580 and $3,830 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$244.38M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	114.05M	shares	Point-in-time
Accounts receivable, net of allowance of $5,580 and $3,830 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$260.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	111.25M	shares	Point-in-time
Inventory	`InventoryNet`	$42.69M	USD	Point-in-time
Inventory	`InventoryNet`	$35.41M	USD	Point-in-time
Prepaid expenses and other current assets, net	`PrepaidExpenseAndOtherAssetsCurrent`	$33.63M	USD	Point-in-time
Prepaid expenses and other current assets, net	`PrepaidExpenseAndOtherAssetsCurrent`	$26.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.21B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$102.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$92.45M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.94M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$71.87M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.33M	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$1.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.15M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$34.17M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$44.01M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$144.21M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$125.51M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$10.78M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$15.64M	USD	Point-in-time
Short-term debt financing	`ShortTermBorrowings`	$80.35M	USD	Point-in-time
Short-term debt financing	`ShortTermBorrowings`	$80.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$276.86M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$310.50M	USD	Point-in-time
Long-term debt financing	`LongTermNotesAndLoans`	$282.30M	USD	Point-in-time
Long-term debt financing	`LongTermNotesAndLoans`	$281.65M	USD	Point-in-time
Deferred revenue, long-term portion	`ContractWithCustomerLiabilityNoncurrent`	$21.50M	USD	Point-in-time
Deferred revenue, long-term portion	`ContractWithCustomerLiabilityNoncurrent`	$20.00M	USD	Point-in-time
Operating lease liabilities, long-term portion	`OperatingLeaseLiabilityNoncurrent`	$76.58M	USD	Point-in-time
Operating lease liabilities, long-term portion	`OperatingLeaseLiabilityNoncurrent`	$71.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$651.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$688.73M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value: 750,000 shares authorized at both June 30, 2023 and December 31, 2022; 114,051 and 111,255 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $0.0001 par value: 750,000 shares authorized at both June 30, 2023 and December 31, 2022; 114,051 and 111,255 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.66B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.80B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.19B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.94B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.29M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-9.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$444.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$650.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$653.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$542.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$596.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$705.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.25B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.20M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$261.40M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$503.16M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$392.33M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$162.99M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$78.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$160.48M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$82.58M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$149.47M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$152.51M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$297.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$302.13M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$672.55M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$341.29M	USD	1 Quarter
Total cost and expenses	`CostsAndExpenses`	$753.89M	USD	2 Qtrs
Total cost and expenses	`CostsAndExpenses`	$373.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-112.43M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-250.73M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-143.09M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-280.21M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.24M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.15M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.24M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.18M	USD	1 Quarter
Interest and other income, net	`InterestIncomeExpenseNonoperatingNet`	$277.00K	USD	1 Quarter
Interest and other income, net	`InterestIncomeExpenseNonoperatingNet`	$4.52M	USD	1 Quarter
Interest and other income, net	`InterestIncomeExpenseNonoperatingNet`	$1.08M	USD	2 Qtrs
Interest and other income, net	`InterestIncomeExpenseNonoperatingNet`	$9.10M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-111.08M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-144.96M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-283.37M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-247.86M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-282.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$193.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-122.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$372.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-110.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-283.75M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-145.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-247.74M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.60M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$7.16M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-14.11M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.49M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-297.86M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-240.58M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-147.64M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-108.21M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.20	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.95	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.95	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.20	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.73M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.08M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.58M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	113.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.73M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.08M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-247.74M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-283.75M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.63M	USD	2 Qtrs
Expensed in-process research and development	`ExpensedInProcessResearchAndDevelopment`	$2.68M	USD	2 Qtrs
Premium amortization and discount accretion on investment securities	`InvestmentIncomeAmortizationOfPremium`	$2.96M	USD	2 Qtrs
Premium amortization and discount accretion on investment securities	`InvestmentIncomeAmortizationOfPremium`	$1.45M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$76.06M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$85.17M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseCost`	$6.65M	USD	2 Qtrs
Non-cash lease expense	`OperatingLeaseCost`	$7.45M	USD	2 Qtrs
Amortization of debt discount and issuance cost	`AmortizationOfDebtDiscountPremium`	$642.00K	USD	2 Qtrs
Amortization of debt discount and issuance cost	`AmortizationOfDebtDiscountPremium`	$625.00K	USD	2 Qtrs
Foreign exchange adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$-265.00K	USD	2 Qtrs
Foreign exchange adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.00K	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-203.00K	USD	2 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$68.00K	USD	2 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$32.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.68M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$86.24M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$7.28M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.56M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-12.59M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.73M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.49M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.02M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$9.94M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.98M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeasePayments`	$2.80M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$5.20M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeasePayments`	$5.53M	USD	2 Qtrs
Operating lease liabilities	`OperatingLeasePayments`	$3.00M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$29.52M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-11.18M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$6.37M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.01M	USD	2 Qtrs
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-248.13M	USD	2 Qtrs
Cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-159.28M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$79.96M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$191.94M	USD	2 Qtrs
Proceeds from maturity of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$83.25M	USD	2 Qtrs
Proceeds from maturity of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$153.50M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.57M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.66M	USD	2 Qtrs
Cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$241.82M	USD	2 Qtrs
Cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$62.68M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.94M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.58M	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$8.67M	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$8.50M	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.61M	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.07M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$6.77M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-84.98M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$466.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.61M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$381.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.38M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$466.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.61M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$381.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.38M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.61M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.60M	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accruals	`CapitalExpendituresIncurredButNotYetPaid`	$2.04M	USD	2 Qtrs
Purchases of property and equipment in accounts payable and accruals	`CapitalExpendituresIncurredButNotYetPaid`	$103.00K	USD	2 Qtrs
Issuance of common stock for IPR&D acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$14.44M	USD	2 Qtrs
Issuance of common stock for bonuses	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$19.77M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$444.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$650.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$653.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$542.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$596.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$705.74M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	111.25M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	114.05M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	13.14M	shares	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$422.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.58M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$638.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.94M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.67M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.50M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.50M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.67M	USD	2 Qtrs
Issuance of common stock for IPR&D milestone	`StockIssuedDuringPeriodValueAcquisitions`	$14.44M	USD	2 Qtrs
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$76.06M	USD	2 Qtrs
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$85.17M	USD	2 Qtrs
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.97M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.47M	USD	1 Quarter
Issuance of common stock for bonuses	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition`	$19.77M	USD	2 Qtrs
Unrealized gain (loss) on available-for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$7.16M	USD	2 Qtrs
Unrealized gain (loss) on available-for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.60M	USD	1 Quarter
Unrealized gain (loss) on available-for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-14.11M	USD	2 Qtrs
Unrealized gain (loss) on available-for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-2.49M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-110.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-283.75M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-145.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-247.74M	USD	2 Qtrs
Balance	`StockholdersEquity`	$444.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$650.57M	USD	Point-in-time
Balance	`StockholdersEquity`	$653.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$542.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$596.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$705.74M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	111.25M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	114.05M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	13.14M	shares	Point-in-time

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