10-Q Filing

AGIOS PHARMACEUTICALS, INC. CIK: 1439222 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001439222-19-000017`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	agio-20190630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 42 Cash Flow Statement 69 Stockholders Equity 34 Comprehensive Income 14

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.58M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$411.81M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$514.80M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNetCurrent`	$7.15M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNetCurrent`	$5.08M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Collaboration receivable related party	`CollaborationReceivableDuefromRelatedPartiesCurrent`	$2.46M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Collaboration receivable related party	`CollaborationReceivableDuefromRelatedPartiesCurrent`	$2.52M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.22M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.75M	shares	Point-in-time
Collaboration receivable other	`CollaborationReceivableOtherCurrent`	$670.00K	USD	Point-in-time
Collaboration receivable other	`CollaborationReceivableOtherCurrent`	$2.22M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.22M	shares	Point-in-time
Royalty receivable related party	`RoyaltyReceivableDuefromRelatedPartiesCurrent`	$2.70M	USD	Point-in-time
Royalty receivable related party	`RoyaltyReceivableDuefromRelatedPartiesCurrent`	$2.23M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.75M	shares	Point-in-time
Inventory	`InventoryNet`	$4.66M	USD	Point-in-time
Inventory	`InventoryNet`	$869.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.17M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$613.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$533.71M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$128.65M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesNoncurrent`	$220.12M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$98.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.32M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.02M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$238.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$783.87M	USD	Point-in-time
Total assets	`Assets`	$858.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.88M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.44M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$42.15M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$49.22M	USD	Point-in-time
Deferred revenue related party	`ContractWithCustomerLiabilityCurrent`	$32.71M	USD	Point-in-time
Deferred revenue related party	`ContractWithCustomerLiabilityCurrent`	$18.45M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.40M	USD	Point-in-time
Deferred rent	`DeferredRentCreditCurrent`	-	USD	Point-in-time
Deferred rent	`DeferredRentCreditCurrent`	$766.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$93.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$89.50M	USD	Point-in-time
Deferred revenue, net of current portion related party	`ContractWithCustomerLiabilityNoncurrent`	$51.62M	USD	Point-in-time
Deferred revenue, net of current portion related party	`ContractWithCustomerLiabilityNoncurrent`	$59.81M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$110.07M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$17.61M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$170.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$251.19M	USD	Point-in-time
Preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 25,000,000 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 125,000,000 shares authorized; 58,749,186 and 58,218,653 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$59.00K	USD	Point-in-time
Common stock, $0.001 par value; 125,000,000 shares authorized; 58,749,186 and 58,218,653 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$58.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.79B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.84B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.17M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$490.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.31B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$865.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$620.26M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$687.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$532.68M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$823.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$375.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$858.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$783.87M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$40.41M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.22M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.45M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$49.18M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$637.00K	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$303.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$164.95M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$202.97M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$86.73M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$107.39M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$64.18M	USD	2 Qtrs
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$32.39M	USD	1 Quarter
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$51.18M	USD	2 Qtrs
Selling, general and administrative	`GeneralAndAdministrativeExpense`	$26.63M	USD	1 Quarter
Total cost and expenses	`OperatingExpenses`	$267.79M	USD	2 Qtrs
Total cost and expenses	`OperatingExpenses`	$216.14M	USD	2 Qtrs
Total cost and expenses	`OperatingExpenses`	$113.36M	USD	1 Quarter
Total cost and expenses	`OperatingExpenses`	$140.08M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-72.95M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-211.34M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-113.86M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-166.96M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.39M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.99M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.20M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-109.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-159.57M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-68.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-202.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-90.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.08M	USD	1 Quarter
Net loss per share basic and diluted (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.19	USD	1 Quarter
Net loss per share basic and diluted (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.87	USD	1 Quarter
Net loss per share basic and diluted (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-3.46	USD	2 Qtrs
Net loss per share basic and diluted (in usd per share)	`EarningsPerShareBasicAndDiluted`	$-2.81	USD	2 Qtrs
Weighted-average number of common shares used in computing net loss per share basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	58.72M	shares	1 Quarter
Weighted-average number of common shares used in computing net loss per share basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	56.71M	shares	2 Qtrs
Weighted-average number of common shares used in computing net loss per share basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	58.59M	shares	2 Qtrs
Weighted-average number of common shares used in computing net loss per share basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	57.72M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-109.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-159.57M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-68.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-202.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-90.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.08M	USD	1 Quarter
Depreciation	`Depreciation`	$4.04M	USD	2 Qtrs
Depreciation	`Depreciation`	$3.46M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$36.66M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$30.98M	USD	2 Qtrs
Net accretion of premium and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.29M	USD	2 Qtrs
Net accretion of premium and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.02M	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnDispositionOfAssets1`	$20.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
Non-cash operating lease expense	`OperatingLeaseRightOfUseAssetAmortization`	$4.21M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInContractWithCustomerAsset`	$2.07M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInContractWithCustomerAsset`	-	USD	2 Qtrs
Collaboration receivable related party	`IncreaseDecreaseinCollaborationReceivableDuefromRelatedPartiesCurrent`	$16.88M	USD	2 Qtrs
Collaboration receivable related party	`IncreaseDecreaseinCollaborationReceivableDuefromRelatedPartiesCurrent`	$62.00K	USD	2 Qtrs
Collaboration receivable other	`IncreaseDecreaseinCollaborationReceivableOtherCurrent`	$440.00K	USD	2 Qtrs
Collaboration receivable other	`IncreaseDecreaseinCollaborationReceivableOtherCurrent`	$1.55M	USD	2 Qtrs
Royalty receivable related party	`IncreaseDecreaseinRoyaltyReceivableDuefromRelatedPartiesCurrent`	$466.00K	USD	2 Qtrs
Royalty receivable related party	`IncreaseDecreaseinRoyaltyReceivableDuefromRelatedPartiesCurrent`	$351.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	-	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$3.79M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.52M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.41M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.87M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.20M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-7.84M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.07M	USD	2 Qtrs
Deferred revenue related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParty`	$-22.45M	USD	2 Qtrs
Deferred revenue related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParty`	$-10.64M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.65M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredCharges`	$16.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredCharges`	-	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-191.42M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-166.40M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$144.23M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$592.66M	USD	2 Qtrs
Proceeds from maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$331.67M	USD	2 Qtrs
Proceeds from maturities and sales of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$343.37M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.31M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-263.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$195.83M	USD	2 Qtrs
Payment of public offering costs, net of reimbursements	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Payment of public offering costs, net of reimbursements	`PaymentsOfStockIssuanceCosts`	$391.00K	USD	2 Qtrs
Proceeds from public offering of common stock, net of commissions	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from public offering of common stock, net of commissions	`ProceedsFromIssuanceOfCommonStock`	$516.21M	USD	2 Qtrs
Net proceeds from stock option exercises and employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.67M	USD	2 Qtrs
Net proceeds from stock option exercises and employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$21.97M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.67M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$537.78M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$13.08M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$107.60M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.72M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$210.32M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.50M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.58M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.72M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$210.32M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.50M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$83.58M	USD	Point-in-time
Additions to property and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$535.00K	USD	2 Qtrs
Additions to property and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.36M	USD	2 Qtrs
Proceeds from stock option exercises in other current assets	`ProceedsFromStockOptionsExercisedInOtherCurrentAssets`	-	USD	2 Qtrs
Proceeds from stock option exercises in other current assets	`ProceedsFromStockOptionsExercisedInOtherCurrentAssets`	$112.00K	USD	2 Qtrs
Operating lease liabilities arising from obtaining operating lease assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$42.86M	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$865.59M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$620.26M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$687.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$532.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$823.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$375.50M	USD	Point-in-time
Issuance of common stock for follow-on offering	`StockIssuedDuringPeriodValueNewIssues`	$516.21M	USD	1 Quarter
Common stock issued under stock incentive plan and ESPP (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	181,010.00	shares	2 Qtrs
Common stock issued under stock incentive plan and ESPP	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.64M	USD	1 Quarter
Common stock issued under stock incentive plan and ESPP	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.33M	USD	1 Quarter
Common stock issued under stock incentive plan and ESPP	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.77M	USD	1 Quarter
Common stock issued under stock incentive plan and ESPP	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.52M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.11M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.45M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.55M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$974.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.25M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.69M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$245.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-109.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-159.57M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-68.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-202.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-90.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.08M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-45.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-346.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$865.59M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$620.26M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$687.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$532.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$823.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$375.50M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-109.87M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-159.57M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-68.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-202.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-90.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.08M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$974.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.01M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.66M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$245.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-200.29M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-108.90M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-160.58M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-68.50M	USD	1 Quarter

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