6-K Filing

ZAI LAB LTD CIK: 1704292 Q2 2020

Filing Information

Form Type	6-K
Accession Number	`0001104659-20-104219`
Period End Date	20200630
Filing Date	20200911
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	zlab-20200930x6k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 30 Cash Flow Statement 78 Stockholders Equity 26 Comprehensive Income 8

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Ordinary shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$258.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$91.60M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	83.33M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.93M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	83.33M	shares	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	68.24M	shares	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	74.88M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$205.00M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$200.00M	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	74.88M	shares	Point-in-time
Accounts receivable (net of allowance of nil and $2 as of Dec 31, 2019 and June 30, 2020)	`AccountsReceivableNetCurrent`	$7.02M	USD	Point-in-time
Accounts receivable (net of allowance of nil and $2 as of Dec 31, 2019 and June 30, 2020)	`AccountsReceivableNetCurrent`	$3.79M	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	68.24M	shares	Point-in-time
Inventories	`InventoryNet`	$6.57M	USD	Point-in-time
Inventories	`InventoryNet`	$6.00M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.74M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$292.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$484.88M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$510.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$510.00K	USD	Point-in-time
Investments in equity investees	`LongTermInvestments`	$1.99M	USD	Point-in-time
Investments in equity investees	`LongTermInvestments`	$2.40M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$383.00K	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$440.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.02M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$13.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$15.07M	USD	Point-in-time
Land use rights	`LandUseRightsNetNoncurrent`	$7.66M	USD	Point-in-time
Land use rights	`LandUseRightsNetNoncurrent`	$7.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.22M	USD	Point-in-time
Long term deposits	`DepositsAssetsNoncurrent`	$377.00K	USD	Point-in-time
Long term deposits	`DepositsAssetsNoncurrent`	$712.00K	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$16.16M	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$13.74M	USD	Point-in-time
Total assets	`Assets`	$355.15M	USD	Point-in-time
Total assets	`Assets`	$548.21M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$4.24M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$6.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$32.39M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.35M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$15.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.55M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$15.74M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$2.88M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.46M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$60.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$82.75M	USD	Point-in-time
Commitments and contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares (par value of US$0.00006 per share; 83,333,333 shares authorized, 68,237,247 and 74,882,338 shares issued and outstanding as of December 31,2019 and June 30, 2020, respectively)	`CommonStockValue`	$4.00K	USD	Point-in-time
Ordinary shares (par value of US$0.00006 per share; 83,333,333 shares authorized, 68,237,247 and 74,882,338 shares issued and outstanding as of December 31,2019 and June 30, 2020, respectively)	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$734.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-444.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-573.32M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.99M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.62M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$393.33M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$294.66M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$251.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$465.47M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$548.21M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$355.15M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.21M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.42M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$882.00K	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$4.98M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$102.05M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$58.93M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$42.47M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$29.49M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-130.29M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-85.88M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.37M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.88M	USD	2 Qtrs
Interest expenses	`InterestExpense`	$114.00K	USD	2 Qtrs
Interest expenses	`InterestExpense`	$137.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-691.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-307.00K	USD	2 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-128.21M	USD	2 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-82.96M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-316.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-406.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.27M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-128.62M	USD	2 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-83.27M	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.74	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.37	USD	2 Qtrs
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	73.85M	shares	2 Qtrs
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	60.92M	shares	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-83.27M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Provision for expected credit losses	`ProvisionForDoubtfulAccounts`	$2.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$7.00K	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$2.11M	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$1.56M	USD	2 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-156.00K	USD	2 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-156.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$13.43M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$9.29M	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-316.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-406.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$1.04M	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$2.11M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.23M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.39M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$571.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$137.00K	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$948.00K	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$361.00K	USD	2 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$-167.00K	USD	2 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$335.00K	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$3.13M	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$2.42M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.73M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.71M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$4.70M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$4.03M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.05M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.54M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$13.01M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$607.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-92.32M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-83.18M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$201.60M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$205.00M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$100.35M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$200.00M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.30M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.08M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$690.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$218.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-106.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.52M	USD	2 Qtrs
Proceed from short-term borrowings	`ProceedsFromShortTermDebt`	$2.95M	USD	2 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebt`	$2.13M	USD	2 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebt`	$739.00K	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$304.00K	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$3.08M	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	$216.20M	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	$281.30M	USD	2 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$740.00K	USD	2 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$839.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$281.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$217.88M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-28.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.65M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$182.67M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$259.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$62.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$91.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$259.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$62.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$91.60M	USD	Point-in-time
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$268.00K	USD	2 Qtrs
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$984.00K	USD	2 Qtrs
Payables for public offering costs	`PayablesForInitialPublicOfferingCosts`	$150.00K	USD	2 Qtrs
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$259.11M	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$62.95M	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$91.60M	USD	Point-in-time
Interest expense paid	`InterestPaidNet`	$122.00K	USD	2 Qtrs
Interest expense paid	`InterestPaidNet`	$137.00K	USD	2 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Share issuance cost upon initial/follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$740.00K	USD	2 Qtrs
Share issuance cost upon initial/follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$839.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$393.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$251.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	74.88M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	68.24M	shares	Point-in-time
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.08M	USD	2 Qtrs
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$304.00K	USD	2 Qtrs
Exercise of shares option, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	228,891.00	shares	2 Qtrs
Exercise of shares option, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	137,177.00	shares	2 Qtrs
Issuance of ordinary shares upon initial public offering/ follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$215.36M	USD	2 Qtrs
Issuance of ordinary shares upon initial public offering/ follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$280.56M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.29M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.43M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.27M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$563.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.37M	USD	2 Qtrs
Balance	`StockholdersEquity`	$393.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$251.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	74.88M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	68.24M	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.27M	USD	2 Qtrs
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$563.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.37M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.25M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-82.71M	USD	2 Qtrs

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