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v3.20.2

Fair value of financial instruments and marketable securities - Warrants and SARs (Details) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Mar. 31, 2019 USD ($) | Jun. 30, 2020 USD ($) | Jun. 30, 2019 USD ($) | Dec. 31, 2019 USD ($) $ / shares
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Additions |  | $ 0 | $ 0 |
Weighted-average discount rate - finance lease |  | 7.80% |  |
SARs |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance | $ 3,814 | $ 3,186 | 3,814 |
Change in fair value |  | 0 | 1,961 |
Payments |  | (3,186) | (3,815) |
Rights Exchange settlement |  | 0 |  |
Ending Balance |  | 0 | 1,960 |
Commitments |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance | $ 257,040 | 290,500 | 257,040 |
Additions |  | 0 | 0 |
Change in fair value |  | (15,220) | 20,360 |
Payments |  | 0 | 0 |
Rights Exchange settlement |  | (139,180) |  |
Ending Balance |  | 136,100 | 277,400 |
SARs |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance |  | $ 3,186 |  |
Measurement Input, Option Volatility | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  |  |  | 28.93
Measurement Input, Risk Free Interest Rate | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  |  |  | 0.19
Measurement Input, Expected Term | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Expected term (in years) | 3 days |  |  |
Minimum | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input | $ / shares |  |  |  | 6.76
Maximum | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input | $ / shares |  |  |  | 30.86
Common stock | Measurement Input, Share Price | SARs |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input | $ / shares |  |  |  | 48.03
Liability, Net Sales Milestones and Royalties [Member] | Minimum | Probability of Success [Member] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.25 |  | 0.25
Liability, Net Sales Milestones and Royalties [Member] | Maximum | Probability of Success [Member] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.94 |  | 0.89
Development and Regulatory Milestone | Minimum | Probability of Success [Member] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.25 |  | 0.25
Development and Regulatory Milestone | Maximum | Probability of Success [Member] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.94 |  | 0.94
Agilis | Liability, Net Sales Milestones and Royalties [Member] |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance |  | $ 65,800 |  |
Ending Balance |  | $ 89,600 |  |
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Measurement Input, Discount Rate | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.120 |  | 0.145
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Minimum | Sales Milestones | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  |  |  | $ 0
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Minimum | Percentage of Sales for Royalties | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.02 |  | 0.02
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Minimum | Potential Net Sales Milestones [Domain] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  | $ 0 |  |
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Maximum | Sales Milestones | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  |  |  | $ 150,000
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Maximum | Percentage of Sales for Royalties | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  | 0.06 |  | 0.06
Agilis | Liability, Net Sales Milestones and Royalties [Member] | Maximum | Potential Net Sales Milestones [Domain] | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  | $ 150,000 |  |
Agilis | Development and Regulatory Milestone |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance |  | 290,500 |  |
Ending Balance |  | 136,100 |  |
Agilis | Development and Regulatory Milestone | Minimum | Development and Regulatory Milestone | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  | $ 0 |  | $ 0
Agilis | Development and Regulatory Milestone | Minimum | Measurement Input, Discount Rate | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  |  |  | 0.022
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Weighted-average discount rate - finance lease |  | 4.60% |  |
Agilis | Development and Regulatory Milestone | Maximum | Development and Regulatory Milestone | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Milestone |  | $ 381,000 |  | $ 555,000
Agilis | Development and Regulatory Milestone | Maximum | Measurement Input, Discount Rate | Commitments |  |  |  |
Fair value of warrant liability |  |  |  |
Alternative Investment, Measurement Input |  |  |  | 0.047
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Weighted-average discount rate - finance lease |  | 6.10% |  |
Significant unobservable inputs (level 3) |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Ending Balance |  | $ 89,600 |  |
Significant unobservable inputs (level 3) | Agilis |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance |  | 65,800 |  |
Significant unobservable inputs (level 3) | Agilis | Liability, Net Sales Milestones and Royalties [Member] |  |  |  |
Changes in the fair value of warrant liability and SARs liability |  |  |  |
Beginning Balance | $ 53,200 | 65,800 | 53,200 |
Additions |  | 0 | 0 |
Change in fair value |  | 23,800 | 5,600 |
Payments |  | 0 | 0 |
Rights Exchange settlement |  | 0 |  |
Ending Balance |  | $ 89,600 | $ 58,800 |

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