Replimune Group, Inc. PP&E Disclosure
| Estimated Useful life | |||||
| Office equipment | 5 years | ||||
| Computer equipment and software | 3 years | ||||
| Plant, manufacturing and laboratory equipment | 5 years | ||||
Capitalized software | 3 to 5 years | ||||
| Leasehold improvements | Lesser of lease term or 10 years | ||||
| March 31, 2025 | March 31, 2024 | ||||||||||
| Office equipment | $ | 1,812 | $ | 1,464 | |||||||
| Computer equipment | 2,206 | 1,975 | |||||||||
| Plant and laboratory equipment | 10,877 | 10,423 | |||||||||
| Leasehold improvements | 2,504 | 1,886 | |||||||||
Capitalized software | 8,089 | 3,515 | |||||||||
| Construction in progress | 1,650 | 1,117 | |||||||||
| 27,138 | 20,380 | ||||||||||
| Less: Accumulated depreciation and amortization | (13,399) | (9,897) | |||||||||
| $ | 13,739 | $ | 10,483 | ||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | May 22, 2025 | Showing above |
| 2024 | May 16, 2024 | |
| 2023 | May 18, 2023 | |
| 2022 | May 19, 2022 | |
| 2021 | May 20, 2021 | |
| 2020 | Jun 3, 2020 | |
| 2019 | Jun 28, 2019 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.