10-Q Filing

ZAI LAB LTD CIK: 1704292 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-029246`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	zlab-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 80 Cash Flow Statement 108 Stockholders Equity 68 Comprehensive Income 24

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.00K	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00K	USD	Point-in-time
Investments, fair value	`InvestmentsFairValueDisclosure`	$3.32M	USD	Point-in-time
Investments, fair value	`InvestmentsFairValueDisclosure`	$15.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$964.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Ordinary shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	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`	-	USD	Point-in-time
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	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
Ordinary shares, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Accounts receivable (net of allowance for credit loss of $8 and $11 as of September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$27.74M	USD	Point-in-time
Accounts receivable (net of allowance for credit loss of $8 and $11 as of September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$47.47M	USD	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	961.83M	shares	Point-in-time
Ordinary shares, shares issued (in shares)	`CommonStockSharesIssued`	955.36M	shares	Point-in-time
Notes receivable	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	$10.25M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	954.98M	shares	Point-in-time
Notes receivable	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLossCurrent`	$7.33M	USD	Point-in-time
Ordinary shares, shares outstanding (in shares)	`CommonStockSharesOutstanding`	959.72M	shares	Point-in-time
Inventories, net	`InventoryNet`	$18.95M	USD	Point-in-time
Treasury Stock (in shares)	`TreasuryStockCommonShares`	382,930.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$29.13M	USD	Point-in-time
Treasury Stock (in shares)	`TreasuryStockCommonShares`	2.10M	shares	Point-in-time
Value added tax recoverable - current	`ValueAddedTaxReceivableCurrent`	$1.08M	USD	Point-in-time
Value added tax recoverable - current	`ValueAddedTaxReceivableCurrent`	-	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.16M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	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 $3,316 and $15,383 as of September 30, 2022 and December 31, 2021, respectively)	`LongTermInvestments`	$3.32M	USD	Point-in-time
Long term investments (including the fair value measured investment of $3,316 and $15,383 as of September 30, 2022 and December 31, 2021, respectively)	`LongTermInvestments`	$15.61M	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$989.00K	USD	Point-in-time
Prepayments for equipment	`PrepaymentsForEquipment`	$4.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.53M	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`	$20.27M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$6.82M	USD	Point-in-time
Land use rights, net	`LandUseRightsNetNoncurrent`	$7.81M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.85M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.54M	USD	Point-in-time
Long-term deposits	`DepositsAssetsNoncurrent`	$870.00K	USD	Point-in-time
Long-term deposits	`DepositsAssetsNoncurrent`	$1.33M	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$6.00K	USD	Point-in-time
Value added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$23.86M	USD	Point-in-time
Total assets	`Assets`	$1.30B	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`	$90.11M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$5.93M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.98M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$60.81M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$58.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$192.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$155.55M	USD	Point-in-time
Deferred income	`DeferredIncomeNoncurrent`	$27.49M	USD	Point-in-time
Deferred income	`DeferredIncomeNoncurrent`	$23.20M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$13.89M	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`	$192.65M	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; 961,829,720 and 955,363,980 shares issued as of September 30, 2022 and December 31, 2021, respectively; 959,724,940 and 954,981,050 shares outstanding as of September 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; 961,829,720 and 955,363,980 shares issued as of September 30, 2022 and December 31, 2021, respectively; 959,724,940 and 954,981,050 shares outstanding as of September 30, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.88B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.83B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.80B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.64M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$39.55M	USD	Point-in-time
Treasury Stock (at cost, 2,104,780 and 382,930 shares as of September 30, 2022 and December 31, 2021, respectively)	`TreasuryStockCommonValue`	$11.46M	USD	Point-in-time
Treasury Stock (at cost, 2,104,780 and 382,930 shares as of September 30, 2022 and December 31, 2021, respectively)	`TreasuryStockCommonValue`	$4.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.61B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.96M	USD	1 Quarter
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$150.63M	USD	3 Qtrs
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$100.14M	USD	3 Qtrs
Product revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.10M	USD	1 Quarter
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	$1.81M	USD	3 Qtrs
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	-	USD	3 Qtrs
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	$577.00K	USD	1 Quarter
Collaboration revenue	`RevenueFromCollaborativeArrangementExcludingRevenueFromContractWithCustomer`	-	USD	1 Quarter
Total revenues	`Revenues`	$152.44M	USD	3 Qtrs
Total revenues	`Revenues`	$100.14M	USD	3 Qtrs
Total revenues	`Revenues`	$57.54M	USD	1 Quarter
Total revenues	`Revenues`	$43.10M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$12.16M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$53.09M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$30.54M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$20.04M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$99.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$219.46M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$55.14M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$401.22M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$186.95M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$59.00M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$149.25M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$66.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-307.06M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-83.20M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-128.58M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-480.87M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.87M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$5.24M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$713.00K	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-79.47M	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-12.40M	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-13.58M	USD	1 Quarter
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-36.48M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-161.19M	USD	1 Quarter
Loss before income tax and share of loss from equity method investment	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-381.30M	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
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-340.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-221.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-548.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-161.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-381.52M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-381.52M	USD	3 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-96.41M	USD	1 Quarter
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-492.65M	USD	3 Qtrs
Net loss attributable to ordinary shareholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-161.19M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-492.65M	USD	3 Qtrs
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-96.41M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-161.19M	USD	1 Quarter
Net loss attributable to ordinary shareholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-381.52M	USD	3 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.53	USD	3 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.40	USD	3 Qtrs
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Loss per share/ADS - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.53	USD	3 Qtrs
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.40	USD	3 Qtrs
Loss per share/ADS - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	957.44M	shares	3 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	950.35M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	921.75M	shares	3 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	959.09M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	921.75M	shares	3 Qtrs
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	950.35M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	959.09M	shares	1 Quarter
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	957.44M	shares	3 Qtrs

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-161.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-381.52M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Allowance for credit (gain) loss	`ProvisionForDoubtfulAccounts`	$5.00K	USD	3 Qtrs
Allowance for credit (gain) loss	`ProvisionForDoubtfulAccounts`	$-3.00K	USD	3 Qtrs
Inventory write-down	`InventoryWriteDown`	$480.00K	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`	$6.10M	USD	3 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-234.00K	USD	3 Qtrs
Amortization of deferred income	`AmortizationOfDeferredIncome`	$-2.04M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$28.11M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$45.74M	USD	3 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	$62.25M	USD	3 Qtrs
Noncash research and development expenses	`NoncashResearchAndDevelopmentExpenses`	-	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-340.00K	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-221.00K	USD	3 Qtrs
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Share of loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-548.00K	USD	3 Qtrs
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`	$12.07M	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-12.00K	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.00K	USD	3 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$4.59M	USD	3 Qtrs
Noncash lease expenses	`NonCashLeaseExpenses`	$5.82M	USD	3 Qtrs
Foreign currency remeasurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-73.05M	USD	3 Qtrs
Foreign currency remeasurement loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.84M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.48M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.86M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$3.86M	USD	3 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$13.23M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-248.00K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.14M	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.86M	USD	3 Qtrs
Long-term deposits	`IncreaseDecreaseInLongTermDeposits`	$459.00K	USD	3 Qtrs
Long-term deposits	`IncreaseDecreaseInLongTermDeposits`	$39.00K	USD	3 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$-21.43M	USD	3 Qtrs
Value added tax recoverable	`IncreaseDecreaseInValueAddedTaxesReceivable`	$1.25M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.23M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.85M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$20.59M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$1.63M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.01M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.83M	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$863.00K	USD	3 Qtrs
Deferred income	`IncreaseDecreaseInDeferredRevenue`	$470.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-396.24M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-258.35M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$170.00M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$260.27M	USD	3 Qtrs
Proceeds from maturity of short-term investment	`ProceedsFromSaleOfShortTermInvestments`	$743.90M	USD	3 Qtrs
Proceeds from maturity of short-term investment	`ProceedsFromSaleOfShortTermInvestments`	$705.27M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.17M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.92M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$439.00K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$539.00K	USD	3 Qtrs
Payment for investment in equity investee	`PaymentsToAcquireEquityMethodInvestments`	$30.00M	USD	3 Qtrs
Payment for investment in equity investee	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$531.45M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$424.39M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$6.91M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$5.64M	USD	3 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from issuance of ordinary shares upon public offerings	`ProceedsFromIssuanceInitialPublicOffering`	$818.87M	USD	3 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	$1.84M	USD	3 Qtrs
Payment of public offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Employee taxes paid related to net share settlement of equity awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$-7.17M	USD	3 Qtrs
Employee taxes paid related to net share settlement of equity awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$-3.47M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.53M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$820.48M	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`	$-9.13M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$155.38M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$956.38M	USD	3 Qtrs
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`	$1.12B	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`	$964.90M	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`	$1.12B	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`	$964.90M	USD	Point-in-time
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$3.23M	USD	3 Qtrs
Payables for purchase of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.80M	USD	3 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$32.00K	USD	3 Qtrs
Payables for intangible assets	`NonCashPayablesForIntangibleAssets`	$24.00K	USD	3 Qtrs
Payables for treasury stock	`NonCashPayablesForTreasuryStock`	$32.00K	USD	3 Qtrs
Payables for treasury stock	`NonCashPayablesForTreasuryStock`	-	USD	3 Qtrs
Receivables for stock option exercise under equity incentive plans	`NoncashReceivablesForStockOptionsExercised`	-	USD	3 Qtrs
Receivables for stock option exercise under equity incentive plans	`NoncashReceivablesForStockOptionsExercised`	$31.00K	USD	3 Qtrs
Right-of-use asset acquired under operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.86M	USD	3 Qtrs
Right-of-use asset acquired under operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$964.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	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`	$442.86M	USD	Point-in-time
Total cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.12B	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`	$964.90M	USD	Point-in-time

Stockholders Equity 68 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`	959.72M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	382,930.00	shares	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	2.10M	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
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`	$702.00K	USD	1 Quarter
Exercise of shares options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.92M	USD	1 Quarter
Exercise of shares options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.05M	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`	$3.29M	USD	1 Quarter
Issuance cost adjustment	`IssuanceCostAdjustment`	$65.00K	USD	1 Quarter
Issuance cost adjustment	`IssuanceCostAdjustment`	$40.00K	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
Receipt of employees shares to satisfy tax withholding obligations related to share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.61M	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`	$68.00K	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`	$327.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.11M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.32M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.23M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.56M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.41M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.22M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-161.19M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-381.52M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.32M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$35.06M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$63.19M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-600.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.24M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.19M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.74M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	954.98M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	959.72M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	382,930.00	shares	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	2.10M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-137.93M	USD	1 Quarter
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-161.19M	USD	1 Quarter
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-96.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-381.52M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-82.39M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-163.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-232.91M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-492.65M	USD	3 Qtrs
Other comprehensive (loss) income, tax	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$30.32M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$35.06M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$63.19M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-600.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.24M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.19M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.74M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-493.25M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-318.32M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-94.67M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.13M	USD	1 Quarter

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