2014 Q2 Form 10-Q Financial Statement
#000119312514184864 Filed on May 06, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
Revenue | $28.00K | $30.00K | $37.00K |
YoY Change | -93.79% | -92.81% | -90.26% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $8.000M | $6.300M | $4.300M |
YoY Change | 220.0% | 186.36% | 86.96% |
% of Gross Profit | |||
Research & Development | $13.80M | $11.67M | $7.900M |
YoY Change | 94.02% | 163.39% | 61.22% |
% of Gross Profit | |||
Depreciation & Amortization | $50.00K | $43.00K | $40.00K |
YoY Change | 258.33% | 100.0% | |
% of Gross Profit | |||
Operating Expenses | $21.75M | $17.99M | $12.20M |
YoY Change | 126.38% | 173.33% | 69.44% |
Operating Profit | -$21.72M | -$17.96M | |
YoY Change | 137.23% | 191.34% | |
Interest Expense | $228.0K | $130.0K | $100.0K |
YoY Change | 200.0% | 217.07% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$21.50M | -$17.80M | -$12.00M |
YoY Change | 136.26% | 191.8% | 76.47% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$21.50M | -$17.83M | -$12.05M |
YoY Change | 136.7% | 191.16% | 76.93% |
Net Earnings / Revenue | -76767.86% | -59426.67% | -32564.86% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$205.2K | -$191.4K | -$131.9K |
COMMON SHARES | |||
Basic Shares Outstanding | 98.98M shares | 91.35M shares | 90.87M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $354.5M | $369.3M | $185.8M |
YoY Change | 72.52% | 263.83% | 72.08% |
Cash & Equivalents | $13.70M | $96.46M | $11.71M |
Short-Term Investments | $340.8M | $272.8M | $174.1M |
Other Short-Term Assets | $3.100M | $1.900M | $1.800M |
YoY Change | 138.46% | 26.67% | 200.0% |
Inventory | |||
Prepaid Expenses | $1.893M | $1.820M | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $358.9M | $372.8M | $188.4M |
YoY Change | 73.56% | 262.01% | 73.53% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $500.0K | $543.0K | $579.0K |
YoY Change | 443.48% | 1710.0% | 1278.57% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $111.0K | $143.0K | $179.0K |
YoY Change | 98.21% | ||
Total Long-Term Assets | $611.0K | $686.0K | $758.0K |
YoY Change | 312.84% | 2186.67% | 1704.76% |
TOTAL ASSETS | |||
Total Short-Term Assets | $358.9M | $372.8M | $188.4M |
Total Long-Term Assets | $611.0K | $686.0K | $758.0K |
Total Assets | $359.5M | $373.5M | $189.1M |
YoY Change | 73.73% | 262.57% | 74.16% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.104M | $1.562M | $372.0K |
YoY Change | -6.2% | 11.89% | -72.95% |
Accrued Expenses | $8.206M | $6.429M | $6.552M |
YoY Change | 26.48% | 54.58% | 58.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $9.339M | $8.033M | $6.979M |
YoY Change | 20.1% | 41.05% | 17.33% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Total Long-Term Liabilities | $18.00K | $13.00K | $8.000K |
YoY Change | -99.9% | -99.93% | -99.95% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.339M | $8.033M | $6.979M |
Total Long-Term Liabilities | $18.00K | $13.00K | $8.000K |
Total Liabilities | $9.357M | $8.046M | $6.987M |
YoY Change | -63.16% | -65.62% | 17.47% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$445.0M | -$423.5M | -$405.7M |
YoY Change | 16.21% | 13.28% | 10.32% |
Common Stock | $10.00K | $10.00K | $9.000K |
YoY Change | 25.0% | 42.86% | 28.57% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $350.1M | $365.5M | $182.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $359.5M | $373.5M | $189.1M |
YoY Change | 73.73% | 262.57% | 74.16% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$21.50M | -$17.83M | -$12.05M |
YoY Change | 136.7% | 191.16% | 76.93% |
Depreciation, Depletion And Amortization | $50.00K | $43.00K | $40.00K |
YoY Change | 258.33% | 100.0% | |
Cash From Operating Activities | -$16.97M | -$14.18M | -$10.27M |
YoY Change | 211.95% | 115.34% | 63.28% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $6.000K | -$130.0K |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$67.51M | -$99.11M | $9.670M |
YoY Change | -31.5% | 199.52% | -127.58% |
Cash From Investing Activities | -$67.51M | -$99.11M | $9.550M |
YoY Change | -31.54% | 199.55% | -127.24% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $196.8M | ||
YoY Change | 94515.38% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.720M | 198.0M | 630.0K |
YoY Change | -98.43% | 95111.54% | -99.31% |
NET CHANGE | |||
Cash From Operating Activities | -16.97M | -14.18M | -10.27M |
Cash From Investing Activities | -67.51M | -99.11M | 9.550M |
Cash From Financing Activities | 1.720M | 198.0M | 630.0K |
Net Change In Cash | -82.76M | 84.75M | -90.00K |
YoY Change | -1521.99% | -314.76% | -100.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$16.97M | -$14.18M | -$10.27M |
Capital Expenditures | $0.00 | $6.000K | -$130.0K |
Free Cash Flow | -$16.97M | -$14.19M | -$10.14M |
YoY Change | 215.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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Commitments And Contingencies
CommitmentsAndContingencies
|
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Liabilities Current
LiabilitiesCurrent
|
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Employee Related Liabilities Current
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Other Accrued Liabilities Current
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|
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Additional Paid In Capital
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Accounts Payable Current
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Accrued Professional Fees Current
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Cash And Cash Equivalents At Carrying Value
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Common Stock Shares Issued
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Preferred Stock Shares Outstanding
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Retained Earnings Accumulated Deficit
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Liabilities Noncurrent
LiabilitiesNoncurrent
|
13000 | |
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Common Stock Value
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Liabilities And Stockholders Equity
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Prepaid Expense Current
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Investment Owned At Fair Value
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Available For Sale Securities Debt Securities Current
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Assets
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Cash And Cash Equivalents At Carrying Value
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Available For Sale Debt Securities Amortized Cost Basis
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Assets Current
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Interest And Other Receivables
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|
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Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
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Cash And Cash Equivalents At Carrying Value
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Common Stock Shares Issued
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Preferred Stock Shares Outstanding
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Assets
|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
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Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
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Payments To Acquire Available For Sale Securities
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|
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Interest Income Expense Nonoperating Net
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|
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Increase Decrease In Accounts Receivable And Other Operating Assets
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|
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|
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|
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Increase Decrease In Prepaid Expense
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|
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Net Income Loss
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|
-6123000 | |
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Accretion Amortization Of Discounts And Premiums Investments
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|
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Net Cash Provided By Used In Financing Activities Continuing Operations
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|
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General And Administrative Expense
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|
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Share Based Compensation
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|
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Cash And Cash Equivalents Period Increase Decrease
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|
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|
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Operating Expenses
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|
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|
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Increase Decrease In Accrued Liabilities
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|
20000 | |
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Increase Decrease In Accounts Payable
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|
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Proceeds From Issuance Of Common Stock
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|
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Proceeds From Sale Of Property Plant And Equipment
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|
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Proceeds From Sale And Maturity Of Available For Sale Securities
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|
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Depreciation
Depreciation
|
12000 | |
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Entity Filer Category
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|
Large Accelerated Filer | |
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Research And Development Expense
ResearchAndDevelopmentExpense
|
4430000 | |
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Trading Symbol
TradingSymbol
|
ACAD | |
CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
ACADIA PHARMACEUTICALS INC | |
CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
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Document Type
DocumentType
|
10-Q | |
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Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001070494 | |
CY2014Q1 | dei |
Current Fiscal Year End Date
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|
--12-31 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
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|
Q1 | |
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Net Cash Provided By Used In Operating Activities Continuing Operations
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|
-14182000 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
92968000 | shares |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-36000 | |
CY2014Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
150921000 | |
CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
9645000 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.19 | |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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|
P3Y | |
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Payments To Acquire Property Plant And Equipment
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|
6000 | |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-48000 | |
CY2014Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
130000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
892000 | |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
30000 | |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-17876000 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17958000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
73000 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17828000 | |
CY2014Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-311000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
198042000 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6320000 | |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3162000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
84748000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-99112000 | |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
17988000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-13000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-123000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1190000 | |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
198042000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
5000 | |
CY2014Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
51815000 | |
CY2014Q1 | us-gaap |
Depreciation
Depreciation
|
43000 | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11668000 | |
CY2014Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 |