2014 Q4 Form 10-Q Financial Statement

#000119312514406106 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $47.00K $15.00K $240.0K
YoY Change 27.03% -93.75% -93.1%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.40M $8.100M $3.800M
YoY Change 141.86% 113.16% 153.33%
% of Gross Profit
Research & Development $18.20M $16.95M $7.254M
YoY Change 130.38% 133.69% 64.86%
% of Gross Profit
Depreciation & Amortization $60.00K $60.00K $40.00K
YoY Change 50.0% 50.0% 33.33%
% of Gross Profit
Operating Expenses $28.60M $25.01M $11.05M
YoY Change 134.43% 126.31% 87.78%
Operating Profit -$24.99M -$10.81M
YoY Change 131.19% 349.15%
Interest Expense $200.0K $208.0K $116.0K
YoY Change 100.0% 79.31% 2220.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$28.40M -$24.80M -$10.70M
YoY Change 136.67% 131.78% 345.83%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$28.37M -$24.79M -$10.70M
YoY Change 135.42% 131.75% 345.25%
Net Earnings / Revenue -60353.19% -165240.0% -4456.25%
Basic Earnings Per Share
Diluted Earnings Per Share -$291.6K -$249.2K -$119.6K
COMMON SHARES
Basic Shares Outstanding 99.77M shares 99.44M shares 88.78M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $322.5M $337.8M $196.2M
YoY Change 73.58% 72.19% 749.26%
Cash & Equivalents $61.85M $36.37M $11.80M
Short-Term Investments $260.6M $301.4M $184.4M
Other Short-Term Assets $1.200M $2.100M $2.500M
YoY Change -33.33% -16.0% 316.67%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $324.6M $341.1M $198.7M
YoY Change 72.34% 71.67% 738.82%
LONG-TERM ASSETS
Property, Plant & Equipment $553.0K $520.0K $490.0K
YoY Change -4.49% 6.12% 677.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $287.0K $178.0K $120.0K
YoY Change 60.34% 48.33% 5900.0%
Total Long-Term Assets $840.0K $698.0K $610.0K
YoY Change 10.82% 14.43% 838.46%
TOTAL ASSETS
Total Short-Term Assets $324.6M $341.1M $198.7M
Total Long-Term Assets $840.0K $698.0K $610.0K
Total Assets $325.5M $341.8M $199.3M
YoY Change 72.09% 71.49% 739.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.016M $1.110M $1.120M
YoY Change 441.94% -0.89% -0.97%
Accrued Expenses $13.82M $10.13M $6.670M
YoY Change 110.9% 51.84% 42.34%
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 $15.83M $11.25M $7.870M
YoY Change 126.88% 42.99% 29.31%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $100.0K $0.00 $10.70M
YoY Change -100.0%
Total Long-Term Liabilities $135.0K $21.00K $2.000K
YoY Change 1587.5% 950.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.83M $11.25M $7.870M
Total Long-Term Liabilities $135.0K $21.00K $2.000K
Total Liabilities $15.97M $11.27M $7.872M
YoY Change 128.55% 43.22% 29.35%
SHAREHOLDERS EQUITY
Retained Earnings -$498.1M -$469.8M -$393.6M
YoY Change 22.8% 19.35% 9.06%
Common Stock $10.00K $10.00K $9.000K
YoY Change 11.11% 11.11% 50.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $309.5M $330.5M $180.8M
YoY Change
Total Liabilities & Shareholders Equity $325.5M $341.8M $199.3M
YoY Change 72.09% 71.49% 739.09%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$28.37M -$24.79M -$10.70M
YoY Change 135.42% 131.75% 345.25%
Depreciation, Depletion And Amortization $60.00K $60.00K $40.00K
YoY Change 50.0% 50.0% 33.33%
Cash From Operating Activities -$17.80M -$17.48M -$9.470M
YoY Change 73.32% 84.58% 78.34%
INVESTING ACTIVITIES
Capital Expenditures -$90.00K -$80.00K -$430.0K
YoY Change -30.77% -81.4%
Acquisitions
YoY Change
Other Investing Activities $40.57M $38.96M -$3.520M
YoY Change 319.54% -1206.82% 28.47%
Cash From Investing Activities $40.48M $38.87M -$3.950M
YoY Change 323.87% -1084.05% 44.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.810M 1.280M 970.0K
YoY Change 346.03% 31.96% -85.86%
NET CHANGE
Cash From Operating Activities -17.80M -17.48M -9.470M
Cash From Investing Activities 40.48M 38.87M -3.950M
Cash From Financing Activities 2.810M 1.280M 970.0K
Net Change In Cash 25.49M 22.67M -12.45M
YoY Change -28422.22% -282.09% 946.22%
FREE CASH FLOW
Cash From Operating Activities -$17.80M -$17.48M -$9.470M
Capital Expenditures -$90.00K -$80.00K -$430.0K
Free Cash Flow -$17.71M -$17.40M -$9.040M
YoY Change 74.65% 92.48%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
99770300 shares
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-469777000
CY2014Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
15000
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10128000
CY2014Q3 us-gaap Liabilities
Liabilities
11274000
CY2014Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
21000
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
10000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
341763000
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
178000
CY2014Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
301430000
CY2014Q3 us-gaap Interest Receivable Current
InterestReceivableCurrent
1139000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
520000
CY2014Q3 us-gaap Assets
Assets
341763000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11803000
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
99701621 shares
CY2014Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
99701621 shares
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
11253000
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
77000
CY2014Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2466000
CY2014Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
168000
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
800179000
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1110000
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
330489000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36369000
CY2014Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
301358000
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
43600000
CY2014Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
301430000
CY2014Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
337365000
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2127000
CY2014Q3 us-gaap Assets Current
AssetsCurrent
341065000
CY2014Q3 acad Accrued Consulting And Other Professional Fees
AccruedConsultingAndOtherProfessionalFees
1160000
CY2014Q3 acad Accrued Clinical Development Services
AccruedClinicalDevelopmentServices
6334000
CY2014Q3 acad Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
110000
CY2014Q3 acad Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
38000
CY2014Q3 acad Potential Future Regulatory Milestone Payment
PotentialFutureRegulatoryMilestonePayment
10500000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57899000
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
91102618 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
91102618 shares
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6979000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
48000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1865000
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
172000
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
587742000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
372000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
182131000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-405668000
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
55000
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6552000
CY2013Q4 us-gaap Liabilities
Liabilities
6987000
CY2013Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
8000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
9000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
189118000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
179000
CY2013Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
174083000
CY2013Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
750000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
579000
CY2013Q4 us-gaap Assets
Assets
189118000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11707000
CY2013Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
174038000
CY2013Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
174083000
CY2013Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
185831000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1820000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
188360000
CY2013Q4 acad Accrued Consulting And Other Professional Fees
AccruedConsultingAndOtherProfessionalFees
308000
CY2013Q4 acad Accrued Clinical Development Services
AccruedClinicalDevelopmentServices
4207000
CY2013Q4 acad Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
59000
CY2013Q4 acad Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
14000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-21504000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
83946000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10725000 shares
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
490000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
80000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
120000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
186756000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
234000
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
716000
us-gaap Revenues
Revenues
1108000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1198000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25819000
us-gaap Operating Income Loss
OperatingIncomeLoss
-26133000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
10000
us-gaap Net Income Loss
NetIncomeLoss
-25899000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-938000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
111053000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8444000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-46096000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-135645000
us-gaap Operating Expenses
OperatingExpenses
27241000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-354000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2531000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-255000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
111053000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
51589000
us-gaap Depreciation
Depreciation
40000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3537000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18797000
dei Trading Symbol
TradingSymbol
ACAD
dei Entity Registrant Name
EntityRegistrantName
ACADIA PHARMACEUTICALS INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0001070494
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-48633000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
97210000 shares
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>10. Recent Accounting Pronouncements</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued authoritative accounting guidance related to revenue from contracts with customers<i>.</i> This guidance is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This guidance is effective for annual reporting periods beginning after December&#xA0;15, 2016 and early adoption is not permitted. The Company will adopt this guidance on January&#xA0;1, 2017. Companies may use either a full retrospective or a modified retrospective approach to adopt this guidance. The Company is evaluating which transition approach to use and its impact, if any, on its consolidated financial statements and related disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> In August 2014, the FASB issued authoritative accounting guidance related to an entity&#x2019;s ability to continue as a going concern. This guidance will explicitly require management to assess an entity&#x2019;s ability to continue as a going concern, and to provide related footnote disclosures in certain circumstances. The new standard is effective for annual reporting periods ending after December&#xA0;15, 2016 and early adoption is permitted. The Company intends to adopt this guidance at the beginning of its first quarter of fiscal year 2016 and does not expect it to have a material impact on its consolidated financial statements and related disclosures.</p> </div>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9699000 shares
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.66
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M24D
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
29000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
307211000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
567000
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
389000
us-gaap Revenues
Revenues
72000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
11051000
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7254000
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
99497000 shares
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9753000 shares
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.25
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
307000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-64080000
us-gaap Operating Income Loss
OperatingIncomeLoss
-64676000
us-gaap Net Income Loss
NetIncomeLoss
-64109000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-345000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
201044000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22328000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
24662000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-127749000
us-gaap Operating Expenses
OperatingExpenses
64748000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-40000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3576000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
738000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
201044000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
13000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
179548000
us-gaap Depreciation
Depreciation
145000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11394000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
42420000
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2014Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
7360000 shares
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
196800000
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
89504000 shares
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10523000 shares
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
110000
CY2013Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
116000
CY2013Q3 us-gaap Revenues
Revenues
240000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10585000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-10811000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-10695000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3797000
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-17000
CY2014Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
208000
CY2014Q3 us-gaap Revenues
Revenues
15000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24803000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-24994000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-24786000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8057000
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
25009000
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16952000

Files In Submission

Name View Source Status
0001193125-14-406106-index-headers.html Edgar Link pending
0001193125-14-406106-index.html Edgar Link pending
0001193125-14-406106.txt Edgar Link pending
0001193125-14-406106-xbrl.zip Edgar Link pending
acad-20140930.xml Edgar Link completed
acad-20140930.xsd Edgar Link pending
acad-20140930_cal.xml Edgar Link unprocessable
acad-20140930_def.xml Edgar Link unprocessable
acad-20140930_lab.xml Edgar Link unprocessable
acad-20140930_pre.xml Edgar Link unprocessable
d782118d10q.htm Edgar Link pending
d782118dex311.htm Edgar Link pending
d782118dex312.htm Edgar Link pending
d782118dex321.htm Edgar Link pending
d782118dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending