2013 Q3 Form 10-Q Financial Statement
#000119312513328105 Filed on August 09, 2013
Income Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
Revenue | $9.000M | $8.700M | $20.90M |
YoY Change | -46.43% | -58.37% | 1.46% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $6.800M | $5.800M | $11.20M |
YoY Change | -46.88% | -48.21% | 33.33% |
% of Gross Profit | |||
Research & Development | $34.46M | $24.22M | $21.72M |
YoY Change | 55.96% | 11.47% | -14.14% |
% of Gross Profit | |||
Depreciation & Amortization | $2.800M | $2.700M | $2.600M |
YoY Change | 21.74% | 3.85% | 100.0% |
% of Gross Profit | |||
Operating Expenses | $41.23M | $30.00M | $32.95M |
YoY Change | 18.1% | -8.96% | -2.32% |
Operating Profit | -$32.23M | -$21.31M | -$12.07M |
YoY Change | 77.63% | 76.61% | |
Interest Expense | $300.0K | $300.0K | -$900.0K |
YoY Change | -121.43% | -133.33% | 28.57% |
% of Operating Profit | |||
Other Income/Expense, Net | $278.0K | $259.0K | -$889.0K |
YoY Change | -120.52% | -129.13% | |
Pretax Income | -$31.96M | -$21.05M | -$12.96M |
YoY Change | 63.86% | 62.5% | -6.12% |
Income Tax | -$2.270M | -$2.884M | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$29.69M | -$18.17M | -$12.96M |
YoY Change | 52.22% | 40.24% | -6.28% |
Net Earnings / Revenue | -329.84% | -208.84% | -61.99% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$476.0K | -$295.0K | -$253.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 62.96M shares | 62.17M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $193.8M | $209.7M | $229.0M |
YoY Change | -15.13% | -8.43% | 5.09% |
Cash & Equivalents | $11.84M | $24.98M | $48.27M |
Short-Term Investments | $181.9M | $184.7M | $180.8M |
Other Short-Term Assets | $4.800M | $4.200M | $6.900M |
YoY Change | -15.79% | -39.13% | 35.29% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $600.0K | $500.0K | $4.400M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $199.2M | $214.4M | $240.3M |
YoY Change | -15.58% | -10.8% | 7.13% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $16.97M | $18.05M | $14.20M |
YoY Change | -9.67% | 27.08% | -12.88% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $231.4M | $230.2M | $63.70M |
YoY Change | -8499.27% | 261.38% | -36.24% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $248.3M | $248.2M | $78.20M |
YoY Change | 187.37% | 217.39% | -32.88% |
TOTAL ASSETS | |||
Total Short-Term Assets | $199.2M | $214.4M | $240.3M |
Total Long-Term Assets | $248.3M | $248.2M | $78.20M |
Total Assets | $447.5M | $462.6M | $318.5M |
YoY Change | 38.82% | 45.23% | -6.54% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.728M | $4.534M | $5.500M |
YoY Change | -46.44% | -17.56% | -30.38% |
Accrued Expenses | $15.39M | $8.488M | $14.20M |
YoY Change | 3.16% | -40.23% | 24.56% |
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 | $54.90M | $53.07M | $57.10M |
YoY Change | 0.25% | -7.06% | -43.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $95.00M | $101.3M | $73.10M |
YoY Change | 18134.17% | 38.58% | -29.51% |
Total Long-Term Liabilities | $95.00M | $101.3M | $73.10M |
YoY Change | 18134.17% | 38.58% | -29.51% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $54.90M | $53.07M | $57.10M |
Total Long-Term Liabilities | $95.00M | $101.3M | $73.10M |
Total Liabilities | $149.9M | $154.4M | $130.2M |
YoY Change | 3.26% | 18.57% | -36.27% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$563.9M | -$534.2M | |
YoY Change | 26.76% | ||
Common Stock | $834.3M | $814.2M | |
YoY Change | 34.16% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $297.6M | $308.2M | $188.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $447.5M | $462.6M | $318.5M |
YoY Change | 38.82% | 45.23% | -6.54% |
Cashflow Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$29.69M | -$18.17M | -$12.96M |
YoY Change | 52.22% | 40.24% | -6.28% |
Depreciation, Depletion And Amortization | $2.800M | $2.700M | $2.600M |
YoY Change | 21.74% | 3.85% | 100.0% |
Cash From Operating Activities | -$21.70M | -$23.60M | -$21.70M |
YoY Change | -517.31% | 8.76% | -18.42% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$900.0K | -$400.0K | -$1.600M |
YoY Change | -84.48% | -75.0% | 220.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.500M | -$52.90M | $9.200M |
YoY Change | -106.36% | -675.0% | 196.77% |
Cash From Investing Activities | -$2.600M | -$53.20M | $7.600M |
YoY Change | -114.53% | -800.0% | 192.31% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 11.10M | 4.000M | 600.0K |
YoY Change | 146.67% | 566.67% | 20.0% |
NET CHANGE | |||
Cash From Operating Activities | -21.70M | -23.60M | -21.70M |
Cash From Investing Activities | -2.600M | -53.20M | 7.600M |
Cash From Financing Activities | 11.10M | 4.000M | 600.0K |
Net Change In Cash | -13.20M | -72.80M | -13.50M |
YoY Change | -147.83% | 439.26% | -42.55% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$21.70M | -$23.60M | -$21.70M |
Capital Expenditures | -$900.0K | -$400.0K | -$1.600M |
Free Cash Flow | -$20.80M | -$23.20M | -$20.10M |
YoY Change | -289.09% | 15.42% | -22.99% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q1 | us-gaap |
Share Price
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|
20.13 | |
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
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Share Price
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10.75 | |
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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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Preferred Stock Par Or Stated Value Per Share
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Preferred Stock Shares Issued
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Common Stock Shares Authorized
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Common Stock Par Or Stated Value Per Share
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Preferred Stock Shares Authorized
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Common Stock Shares Outstanding
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Deferred Revenue Noncurrent
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Commitments And Contingencies
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Liabilities Current
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accounts Payable Current
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|
4534000 | |
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Stockholders Equity
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Additional Paid In Capital Common Stock
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Retained Earnings Accumulated Deficit
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Preferred Stock Value
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Common Stock Value
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Liabilities And Stockholders Equity
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Available For Sale Securities Equity Securities Noncurrent
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Available For Sale Securities Debt Securities Current
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Available For Sale Securities Debt Securities Noncurrent
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Property Plant And Equipment Net
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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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Prepaid Expense And Other Assets Current
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Receivables Net Current
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Assets Current
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Accrued Intraperiod Tax Allocation
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|
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Availableforsale Debt Securities Gross Unrealized Loss Accumulated In Investments
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|
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Cash And Cash Equivalents At Carrying Value
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Common Stock Shares Outstanding
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Stockholders Equity
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Preferred Stock Value
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Preferred Stock Par Or Stated Value Per Share
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Availableforsale Debt Securities Gross Unrealized Loss Accumulated In Investments
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31000 | |
dei |
Trading Symbol
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|
ALNY | ||
dei |
Entity Registrant Name
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|
ALNYLAM PHARMACEUTICALS, INC. | ||
dei |
Amendment Flag
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Entity Filer Category
EntityFilerCategory
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Accelerated Filer | ||
dei |
Document Fiscal Year Focus
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|
2013 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
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0001178670 | ||
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Q2 | ||
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
-24573000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Use Of Estimates
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of Estimates</i></b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 8%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p> </div> | ||
us-gaap |
Investment Income Net
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1650000 | ||
us-gaap |
Earnings Per Share Basic And Diluted
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|
-0.45 | ||
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Payments To Acquire Property Plant And Equipment
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|
2178000 | ||
us-gaap |
License And Services Revenue
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|
27329000 | ||
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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|
12468000 | ||
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Payments To Acquire Available For Sale Securities
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Other Nonoperating Income Expense
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|
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Operating Income Loss
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Nonoperating Income Expense
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Net Income Loss
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General And Administrative Expense
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Share Based Compensation
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247000 | ||
alny |
Investments Classified As Cash And Cash Equivalent Original Maturities
InvestmentsClassifiedAsCashAndCashEquivalentOriginalMaturities
|
P90D | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
48877000 | shares | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-51909000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9236000 | shares | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.50 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2028000 | ||
us-gaap |
Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
179000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1933000 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
162000 | ||
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
41471000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
103000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24324000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
157104000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
170000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
328000 | ||
us-gaap |
Investment Income Net
InvestmentIncomeNet
|
494000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2613000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-24221000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-22960000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21634000 | ||
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
2587000 | ||
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
2917000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1364000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-24324000 | ||
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
1200000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
87947000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6252000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-21954000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
64431000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-37400000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-281000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
86800000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4726000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
101207000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-57992000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
42797000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1475000 | ||
alny |
Non Cash Stock Based Compensation Expenses Research And Development
NonCashStockBasedCompensationExpensesResearchAndDevelopment
|
4086000 | ||
alny |
Non Cash Stock Based Compensation Expenses General And Administrative
NonCashStockBasedCompensationExpensesGeneralAndAdministrative
|
2166000 | ||
alny |
Charge For Four Zero One K Company Stock Match
ChargeForFourZeroOneKCompanyStockMatch
|
212000 | ||
CY2012Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
8625000 | shares |
CY2012Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
86800000 | |
CY2012Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5900000 | |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
9200000 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
173600000 | |
CY2013Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
11600000 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
51280000 | shares |
CY2012Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9236000 | shares |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
CY2012Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1139000 | |
CY2012Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
20884000 | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-25000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12956000 | |
CY2012Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-21000 | |
CY2012Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
271000 | |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-12981000 | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-12067000 | |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-889000 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12956000 | |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11228000 | |
CY2012Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
700000 | |
CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
32951000 | |
CY2012Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21723000 | |
CY2012Q2 | alny |
Non Cash Stock Based Compensation Expenses Research And Development
NonCashStockBasedCompensationExpensesResearchAndDevelopment
|
1998000 | |
CY2013Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9171000 | shares |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.29 | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
61661000 | shares |
CY2012Q2 | alny |
Non Cash Stock Based Compensation Expenses General And Administrative
NonCashStockBasedCompensationExpensesGeneralAndAdministrative
|
1098000 | |
CY2013Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
8687000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7309000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-21053000 | |
CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-11000 | |
CY2013Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
270000 | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-10860000 | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-21312000 | |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
259000 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18169000 | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5784000 | |
CY2013Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
600000 | |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
29999000 | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2884000 | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
24215000 | |
CY2013Q2 | alny |
Non Cash Stock Based Compensation Expenses Research And Development
NonCashStockBasedCompensationExpensesResearchAndDevelopment
|
2200000 | |
CY2013Q2 | alny |
Non Cash Stock Based Compensation Expenses General And Administrative
NonCashStockBasedCompensationExpensesGeneralAndAdministrative
|
1177000 |