10-Q Filing

ZAI LAB LTD CIK: 1704292 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-240435`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	d46351d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 58 Cash Flow Statement 91 Stockholders Equity 51 Comprehensive Income 20

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.00K	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`	$1.77B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$442.12M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$258.60M	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	94.76M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$744.68M	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	87.81M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$18.03M	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	94.76M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.17M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	6,086.00	shares	Point-in-time
Inventories	`InventoryNet`	$13.14M	USD	Point-in-time
Inventories	`InventoryNet`	$11.11M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	-	shares	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.94M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.81B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.22B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$510.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Investments in equity investees	`LongTermInvestments`	$1.07M	USD	Point-in-time
Investments in equity investees	`LongTermInvestments`	$1.28M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$1.85M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$274.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$31.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$29.16M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.02M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.70M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.91M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.85M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.53M	USD	Point-in-time
Long term deposits	`DepositsAssetsNoncurrent`	$862.00K	USD	Point-in-time
Long term deposits	`DepositsAssetsNoncurrent`	$891.00K	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$22.14M	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$23.82M	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Total assets	`Assets`	$1.90B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$125.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.64M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.21M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.37M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$61.92M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$193.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.04M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$16.86M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$17.63M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$13.39M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$128.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$223.52M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares (par value of $0.00006 per share; 500,000,000 shares authorized, 94,758,189 and 87,811,026 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$6.00K	USD	Point-in-time
Ordinary shares (par value of $0.00006 per share; 500,000,000 shares authorized, 94,758,189 and 87,811,026 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively)	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.80B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.90B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.11B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-713.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.52M	USD	Point-in-time
Treasury Stock	`TreasuryStockValue`	$924.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$294.66M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$465.47M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$537.59M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.90B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.94M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.99M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.21M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$57.04M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$18.37M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$10.87M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.98M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$102.05M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$68.31M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$142.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$346.08M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$54.41M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.76M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$42.47M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$90.25M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-83.97M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-130.29M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-170.57M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-397.66M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$458.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.88M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$244.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.23M	USD	1 Quarter
Interest expenses	`InterestExpense`	$55.00K	USD	1 Quarter
Interest expenses	`InterestExpense`	$114.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$7.41M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.43M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.18M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-691.00K	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`	$-162.92M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-396.03M	USD	2 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-80.36M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-403.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-269.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-406.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-208.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-163.32M	USD	1 Quarter
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-128.62M	USD	2 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-396.23M	USD	2 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-80.63M	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-4.37	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.76	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.74	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.08	USD	1 Quarter
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`	90.72M	shares	2 Qtrs
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	93.05M	shares	1 Quarter
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	74.74M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.00K	USD	2 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$290.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$7.00K	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$2.98M	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$2.11M	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`	$17.55M	USD	2 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	$62.25M	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-403.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-269.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-406.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-208.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.00K	USD	2 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$2.11M	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$2.78M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.23M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.87M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.74M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$571.00K	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.95M	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$948.00K	USD	2 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$29.00K	USD	2 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$335.00K	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$2.42M	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$1.68M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$62.98M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.73M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$28.08M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$4.70M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.54M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.21M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$930.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$13.01M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-235.35M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-92.32M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$205.00M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$200.00M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$743.90M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.30M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.65M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$427.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$218.00K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$737.83M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.52M	USD	2 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebt`	$2.13M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$3.08M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$3.99M	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuancePublicOffering`	$818.87M	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuancePublicOffering`	$281.30M	USD	2 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$740.00K	USD	2 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$1.32M	USD	2 Qtrs
Employee taxes paid related to net share settlement of equity awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$-594.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$820.95M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$281.50M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.03M	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`	$1.32B	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 period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.77B	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$442.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$259.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.77B	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$442.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$259.11M	USD	Point-in-time
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$984.00K	USD	2 Qtrs
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.72M	USD	2 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$58.00K	USD	2 Qtrs
Payables for public offering costs	`NonCashPayablesForPublicOfferingCosts`	$555.00K	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$442.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$258.60M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$510.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.77B	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$442.86M	USD	Point-in-time
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
Interest paid	`InterestPaidNet`	$122.00K	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$740.00K	USD	1 Quarter
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$13.00K	USD	1 Quarter
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$879.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$537.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	94.76M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time
Issuance of ordinary shares upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of ordinary shares upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of ordinary shares upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Issuance of ordinary shares upon vesting of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$346.00K	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.29M	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$702.00K	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.73M	USD	1 Quarter
Issuance of ordinary shares in connection with collaboration and license arrangement	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$62.25M	USD	1 Quarter
Receipt of employees' shares to satisfy tax withholding obligations related to share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$924.00K	USD	1 Quarter
Issuance of ordinary shares upon follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$818.00M	USD	1 Quarter
Issuance of ordinary shares upon follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$280.57M	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$65.00K	USD	1 Quarter
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$740.00K	USD	1 Quarter
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$13.00K	USD	1 Quarter
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$879.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.96M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.23M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.17M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.54M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.37M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.34M	USD	2 Qtrs
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance	`StockholdersEquity`	$537.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	94.76M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-128.62M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.17M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.37M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.34M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.25M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-398.57M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-81.80M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-168.56M	USD	1 Quarter

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