10-Q Filing

ZAI LAB LTD CIK: 1704292 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001193125-21-324438`
Period End Date	20210930
Filing Date	20211109
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	d208371d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 60 Cash Flow Statement 97 Stockholders Equity 74 Comprehensive Income 24

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.00K	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`	$175.88M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$442.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	95.27M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$170.00M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$744.68M	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	87.81M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	95.27M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$21.02M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.17M	USD	Point-in-time
Inventories	`InventoryNet`	$12.49M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	-	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	27,722.00	shares	Point-in-time
Inventories	`InventoryNet`	$13.14M	USD	Point-in-time
Investments, fair value disclosure	`InvestmentsFairValueDisclosure`	-	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.08M	USD	Point-in-time
Investments, fair value disclosure	`InvestmentsFairValueDisclosure`	$20.07M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.22B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	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
Long term investments (including the fair value measured investment of $20,070 and nil as of September 30, 2021 and December 31, 2020, respectively)	`LongTermInvestments`	$1.28M	USD	Point-in-time
Long term investments (including the fair value measured investment of $20,070 and nil as of September 30, 2021 and December 31, 2020, respectively)	`LongTermInvestments`	$20.80M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$1.13M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$274.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$29.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.09M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$17.70M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$15.51M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.75M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.91M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.68M	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`	$901.00K	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$23.39M	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$22.14M	USD	Point-in-time
Total assets	`Assets`	$1.73B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.41M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.21M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.31M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$54.29M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$98.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$112.01M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$16.86M	USD	Point-in-time
Deferred income	`DeferredRevenue`	$17.49M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.65M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$13.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$140.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$128.29M	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, 95,273,589 and 87,811,026 shares issued and outstanding as of September 30,2021 and December 31, 2020, respectively)	`CommonStockValue`	$5.00K	USD	Point-in-time
Ordinary shares (par value of $0.00006 per share; 500,000,000 shares authorized, 95,273,589 and 87,811,026 shares issued and outstanding as of September 30,2021 and December 31, 2020, respectively)	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.81B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.90B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-713.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.21B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.12M	USD	Point-in-time
Treasury Stock	`TreasuryStockValue`	$3.53M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$465.47M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$294.66M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$537.59M	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 liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.73B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$100.14M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.86M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.10M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.65M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.93M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$30.54M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$12.16M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$9.91M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$401.22M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$55.14M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$58.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$160.15M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$59.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$70.35M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$27.87M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$149.25M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-480.87M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-76.26M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-83.20M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-206.54M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$713.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$866.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.75M	USD	3 Qtrs
Interest expenses	`InterestExpense`	$43.00K	USD	1 Quarter
Interest expenses	`InterestExpense`	$157.00K	USD	3 Qtrs
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$11.96M	USD	1 Quarter
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$11.27M	USD	3 Qtrs
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$-13.58M	USD	1 Quarter
Other (expenses) income, net	`OtherNonoperatingIncomeExpense`	$-12.40M	USD	3 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-63.48M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-191.69M	USD	3 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-96.07M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-492.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-548.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-340.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-671.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-265.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-192.36M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.74M	USD	1 Quarter
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-492.65M	USD	3 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-192.36M	USD	3 Qtrs
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-63.74M	USD	1 Quarter
Net loss attributable to ordinary shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-96.41M	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.01	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.59	USD	3 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-5.34	USD	3 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.84	USD	1 Quarter
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	95.04M	shares	1 Quarter
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	74.38M	shares	3 Qtrs
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	92.17M	shares	3 Qtrs
Weighted-average shares used in calculating net loss per ordinary share - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	75.44M	shares	1 Quarter

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-192.36M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.74M	USD	1 Quarter
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00K	USD	3 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.00K	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	$402.00K	USD	3 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$4.61M	USD	3 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$3.25M	USD	3 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-234.00K	USD	3 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-234.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$20.41M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$28.11M	USD	3 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	$62.25M	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-548.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-340.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-671.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-265.00K	USD	1 Quarter
Loss from fair value changes of equity investment with readily determinable fair value	`LossOnFairValueChangesOfEquityInvestmentWithReadilyDeterminableFairValue`	$9.93M	USD	3 Qtrs
Loss from fair value changes of equity investment with readily determinable fair value	`LossOnFairValueChangesOfEquityInvestmentWithReadilyDeterminableFairValue`	-	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-12.00K	USD	3 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$4.59M	USD	3 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$3.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.86M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-248.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.63M	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.14M	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.56M	USD	3 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$39.00K	USD	3 Qtrs
Long term deposits	`IncreaseDecreaseInLongTermDeposits`	$474.00K	USD	3 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$1.25M	USD	3 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$6.84M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.23M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.22M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-4.98M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$23.43M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.83M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.33M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$13.61M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$863.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-171.72M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-396.24M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$170.00M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$749.68M	USD	3 Qtrs
Proceeds from maturity of short-term investment	`ProceedsFromSaleOfShortTermInvestments`	$743.90M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.92M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.83M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$539.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$370.00K	USD	3 Qtrs
Payment for investment in equity investee	`PaymentsToAcquireEquityMethodInvestments`	$30.00M	USD	3 Qtrs
Disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$531.45M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-754.88M	USD	3 Qtrs
Repayment of short-term borrowings	`RepaymentsOfShortTermDebt`	$4.29M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$4.08M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$6.91M	USD	3 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuancePublicOffering`	$1.03B	USD	3 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuancePublicOffering`	$818.87M	USD	3 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$1.27M	USD	3 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$1.84M	USD	3 Qtrs
Employee taxes paid related to net share settlement of equity awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$-3.47M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$820.48M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.02B	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$695.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.06M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$956.38M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$99.95M	USD	3 Qtrs
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`	$442.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.40B	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$176.39M	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`	$442.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.40B	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$176.39M	USD	Point-in-time
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.80M	USD	3 Qtrs
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.33M	USD	3 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$21.00K	USD	3 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$24.00K	USD	3 Qtrs
Payables for public offering costs	`NonCashPayablesForPublicOfferingCosts`	$4.91M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$442.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	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
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$76.44M	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`	$1.40B	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$176.39M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$157.00K	USD	3 Qtrs

Stockholders Equity 74 line items

Line Item	Tag	Value	Unit	Period
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$879.00K	USD	1 Quarter
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	-	USD	1 Quarter
Share issuance cost upon follow-on public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$740.00K	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	-	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$5.63M	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$65.00K	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$1.00K	USD	Point-in-time
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	-	USD	1 Quarter
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$537.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	95.27M	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`	$702.00K	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.92M	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.29M	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.73M	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$346.00K	USD	1 Quarter
Exercise of shares option	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.01M	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
Receipt of employees' shares to satisfy tax withholding obligations related to share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.61M	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`	-	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$5.63M	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$65.00K	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$1.00K	USD	Point-in-time
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	-	USD	1 Quarter
Issuance cost adjustment for follow-on public offering	`IncreaseDecreaseThroughSharesIssueCostEquity`	$13.00K	USD	1 Quarter
Issuance cost adjustment for follow-on public offering	`IncreaseDecreaseThroughSharesIssueCostEquity`	$2.00K	USD	1 Quarter
Issuance cost adjustment for follow-on public offering	`IncreaseDecreaseThroughSharesIssueCostEquity`	$-40.00K	USD	1 Quarter
Issuance of ordinary shares upon secondary listing, net of issuance cost	`StockIssuedDuringPeriodValueOther`	$739.23M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.23M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.96M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.98M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.56M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.46M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-192.36M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.74M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.54M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-600.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.74M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.54M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.17M	USD	1 Quarter
Balance	`StockholdersEquity`	$465.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$294.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$537.59M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	87.81M	shares	Point-in-time
Balance, Shares	`CommonStockSharesOutstanding`	95.27M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-80.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-47.99M	USD	1 Quarter
Other comprehensive income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-192.36M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.24M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.54M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-600.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.17M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-94.67M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-73.64M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-199.89M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-493.25M	USD	3 Qtrs

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