10-Q Filing

ZAI LAB LTD CIK: 1704292 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-021975`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	zlab-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 78 Cash Flow Statement 104 Stockholders Equity 51 Comprehensive Income 20

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00K	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.00K	USD	Point-in-time
Investments, fair value	`InvestmentsFairValueDisclosure`	$15.38M	USD	Point-in-time
Investments, fair value	`InvestmentsFairValueDisclosure`	$2.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$964.10M	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$680.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$445.00M	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$575.27M	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	960.52M	shares	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	955.36M	shares	Point-in-time
Accounts receivable (net of allowance for credit loss of $8 and $11 as of June 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$47.47M	USD	Point-in-time
Accounts receivable (net of allowance for credit loss of $8 and $11 as of June 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$27.05M	USD	Point-in-time
Notes receivable	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	$10.97M	USD	Point-in-time
Notes receivable	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	$7.33M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	954.98M	shares	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	958.49M	shares	Point-in-time
Inventories, net	`InventoryNet`	$18.95M	USD	Point-in-time
Inventories, net	`InventoryNet`	$23.34M	USD	Point-in-time
Treasury Stock (in shares)	`TreasuryStockCommonShares`	2.03M	shares	Point-in-time
Treasury Stock (in shares)	`TreasuryStockCommonShares`	382,930.00	shares	Point-in-time
Value added tax recoverable - current	`ValueAddedTaxReceivableCurrent`	-	USD	Point-in-time
Value added tax recoverable - current	`ValueAddedTaxReceivableCurrent`	$219.00K	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.97M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.34B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$803.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$803.00K	USD	Point-in-time
Long term investments (including the fair value measured investment of $2,827 and $15,383 as of June 30, 2022 and December 31, 2021, respectively)	`LongTermInvestments`	$15.61M	USD	Point-in-time
Long term investments (including the fair value measured investment of $2,827 and $15,383 as of June 30, 2022 and December 31, 2021, respectively)	`LongTermInvestments`	$2.83M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$989.00K	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$4.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$46.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$43.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.19M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$18.60M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.29M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.81M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.85M	USD	Point-in-time
Long-term deposits	`DepositsAssetsNoncurrent`	$947.00K	USD	Point-in-time
Long-term deposits	`DepositsAssetsNoncurrent`	$870.00K	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$23.86M	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$37.00K	USD	Point-in-time
Total assets	`Assets`	$1.42B	USD	Point-in-time
Total assets	`Assets`	$1.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$108.44M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.93M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.82M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$60.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$53.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$168.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$192.90M	USD	Point-in-time
Deferred income	`DeferredIncomeNoncurrent`	$24.77M	USD	Point-in-time
Deferred income	`DeferredIncomeNoncurrent`	$27.49M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.96M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$9.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$230.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$206.61M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized; 960,520,140 and 955,363,980 shares issued as of June 30, 2022 and December 31, 2021, respectively; 958,494,830 and 954,981,050 shares outstanding as of June 30, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$6.00K	USD	Point-in-time
Ordinary shares (par value of $0.000006 per share; 5,000,000,000 shares authorized; 960,520,140 and 955,363,980 shares issued as of June 30, 2022 and December 31, 2021, respectively; 958,494,830 and 954,981,050 shares outstanding as of June 30, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.83B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.86B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.64B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.49M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.64M	USD	Point-in-time
Treasury Stock (at cost, 2,025,310 and 382,930 shares as of June 30, 2022 and December 31, 2021, respectively)	`TreasuryStockCommonValue`	$11.13M	USD	Point-in-time
Treasury Stock (at cost, 2,025,310 and 382,930 shares as of June 30, 2022 and December 31, 2021, respectively)	`TreasuryStockCommonValue`	$4.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.42B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$47.58M	USD	1 Quarter
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$57.04M	USD	2 Qtrs
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$93.67M	USD	2 Qtrs
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.94M	USD	1 Quarter
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	$601.00K	USD	1 Quarter
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	-	USD	1 Quarter
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	-	USD	2 Qtrs
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	$1.23M	USD	2 Qtrs
Total revenues	`Revenues`	$57.04M	USD	2 Qtrs
Total revenues	`Revenues`	$36.94M	USD	1 Quarter
Total revenues	`Revenues`	$94.90M	USD	2 Qtrs
Total revenues	`Revenues`	$48.18M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$17.41M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$10.87M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$18.37M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$33.05M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$142.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$119.94M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$66.08M	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`	$120.39M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$63.40M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$90.25M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-98.72M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-178.48M	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`	$1.18M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$244.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.36M	USD	2 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-40.39M	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-42.99M	USD	2 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$7.41M	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$1.18M	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`	$-137.93M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-220.11M	USD	2 Qtrs
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-396.03M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-221.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-403.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-208.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-220.33M	USD	2 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-220.33M	USD	2 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-163.32M	USD	1 Quarter
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-396.23M	USD	2 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-137.93M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-163.32M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-396.23M	USD	2 Qtrs
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-137.93M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-220.33M	USD	2 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	2 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.44	USD	2 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.44	USD	2 Qtrs
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	2 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	930.46M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	956.60M	shares	2 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	907.23M	shares	2 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	957.68M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	907.23M	shares	2 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	956.60M	shares	2 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	930.46M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	957.68M	shares	1 Quarter

Cash Flow Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-220.33M	USD	2 Qtrs
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$4.00K	USD	2 Qtrs
Allowance for credit loss	`ProvisionForDoubtfulAccounts`	$-3.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$193.00K	USD	2 Qtrs
Inventory write-down	`InventoryWriteDown`	$290.00K	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$2.98M	USD	2 Qtrs
Depreciation and amortization expenses	`DepreciationDepletionAndAmortization`	$3.87M	USD	2 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-1.39M	USD	2 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-156.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$26.63M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$17.55M	USD	2 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	-	USD	2 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	$62.25M	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-221.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-403.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-208.00K	USD	2 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Loss from fair value changes of equity investment with readily determinable fair value	`LossOnFairValueChangesOfEquityInvestmentWithReadilyDeterminableFairValue`	-	USD	2 Qtrs
Loss from fair value changes of equity investment with readily determinable fair value	`LossOnFairValueChangesOfEquityInvestmentWithReadilyDeterminableFairValue`	$12.56M	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.00K	USD	2 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.00K	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$3.83M	USD	2 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$2.78M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.87M	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$3.63M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.58M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.74M	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.95M	USD	2 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-48.00K	USD	2 Qtrs
Long-term deposits	`IncreaseDecreaseInLongTermDeposits`	$78.00K	USD	2 Qtrs
Long-term deposits	`IncreaseDecreaseInLongTermDeposits`	$29.00K	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$1.68M	USD	2 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$-23.60M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.72M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$62.98M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$29.51M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$28.08M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.85M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.21M	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$930.00K	USD	2 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$-1.32M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-235.35M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-132.03M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$260.27M	USD	2 Qtrs
Proceeds from maturity of short-term investment	`ProceedsFromSaleOfShortTermInvestments`	$130.00M	USD	2 Qtrs
Proceeds from maturity of short-term investment	`ProceedsFromSaleOfShortTermInvestments`	$743.90M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.65M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.49M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$107.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$427.00K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-143.87M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$737.83M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$3.99M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$4.62M	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	$818.87M	USD	2 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	-	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
Employee taxes paid related to net share settlement of equity awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$-6.86M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$820.95M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.24M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.14M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.03M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.32B	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-283.28M	USD	2 Qtrs
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$681.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$964.90M	USD	Point-in-time
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 - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$681.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$964.90M	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
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.72M	USD	2 Qtrs
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.66M	USD	2 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$58.00K	USD	2 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$270.00K	USD	2 Qtrs
Payables for public offering costs	`NonCashPayablesForPublicOfferingCosts`	-	USD	2 Qtrs
Payables for public offering costs	`NonCashPayablesForPublicOfferingCosts`	$555.00K	USD	2 Qtrs
Payables for treasury stock	`NonCashPayablesForTreasuryStock`	-	USD	2 Qtrs
Payables for treasury stock	`NonCashPayablesForTreasuryStock`	$17.00K	USD	2 Qtrs
Receivables for stock option exercise under equity incentive plans	`NoncashReceivablesForStockOptionsExercised`	-	USD	2 Qtrs
Receivables for stock option exercise under equity incentive plans	`NoncashReceivablesForStockOptionsExercised`	$12.00K	USD	2 Qtrs
Right-of-use asset acquired under operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.45M	USD	2 Qtrs
Right-of-use asset acquired under operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$964.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$680.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$803.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$743.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$803.00K	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$681.62M	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$964.90M	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

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$879.00K	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	954.98M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	958.49M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	2.03M	shares	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	382,930.00	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 options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.29M	USD	1 Quarter
Exercise of shares options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.32M	USD	1 Quarter
Exercise of shares options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$297.00K	USD	1 Quarter
Exercise of shares options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$702.00K	USD	1 Quarter
Issuance of ordinary shares in connection with collaboration and license arrangement/ follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$818.00M	USD	1 Quarter
Issuance of ordinary shares in connection with collaboration and license arrangement/ follow-on public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$62.25M	USD	1 Quarter
Issuance cost adjustment for secondary listing	`IssuanceCostAdjustmentForSecondaryListing`	$65.00K	USD	1 Quarter
Receipt of employees shares to satisfy tax withholding obligations related to share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.78M	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`	$68.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.23M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.22M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-220.33M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.24M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.34M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.32M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$28.13M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.19M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	954.98M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	958.49M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	2.03M	shares	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	382,930.00	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-396.23M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-220.33M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.24M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.34M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.32M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$28.13M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.19M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-168.56M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-398.57M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-107.61M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-192.19M	USD	2 Qtrs

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