XML 34 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Common Stock Warrant | 9 Months Ended
--- | ---
Sep. 30, 2020
Equity [Abstract] |
Common Stock Warrant |
1 2. | Common Stock Warrant
In September 2016, the Company issued a warrant to purchase an aggregate of 244,444 shares of the Company’s Series A-1 convertible preferred stock with an exercise price of $4.50 per share in connection with the termination of a sponsor research agreement. The warrant was fully vested upon the issuance date and had an expiration date of September 11, 2026. The warrant was initially accounted for as a liability and was subject to remeasurement at each reporting period, with changes in estimated fair value recognized as a component of other income (expense), net. Upon completion of the IPO in October 2019, the warrant automatically converted into a warrant to purchase 244,444 shares of common stock. Therefore, the convertible preferred stock warrant liability was reclassified to additional paid-in capital. In May 2020, the holder exercised its warrant in a cashless exercise for which the Company issued an aggregate of 211,774 shares of common stock.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of significant terms related to the common stock warrant. + References No definition available. + Details
Name: | vir_CommonStockWarrantTextBlock
Namespace Prefix: | vir_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration