Morphic Holding, Inc. Annual Income Tax Expense (Benefit) in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Morphic Holding, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2018 to 2023.
  • Morphic Holding, Inc. Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $240K, a 73.9% increase year-over-year.
  • Morphic Holding, Inc. Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $530K, a 126% increase year-over-year.
  • Morphic Holding, Inc. annual Income Tax Expense (Benefit) for 2023 was $380K, a 467% increase from 2022.
  • Morphic Holding, Inc. annual Income Tax Expense (Benefit) for 2022 was $67K.
  • Morphic Holding, Inc. annual Income Tax Expense (Benefit) for 2021 was $0.000.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $380K +$313K +467% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $67K +$67K Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $0 +$570K Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 -$570K -$1.48M -163% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $912K +$912K Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
2018 $0 Jan 1, 2018 Dec 31, 2018 10-K 2020-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.