2018 Q4 Form 10-Q Financial Statement
#000137005318000052 Filed on November 08, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $0.00 | $5.000M | $0.00 |
YoY Change | -100.0% | -100.0% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $3.740M | $4.000M | $2.390M |
YoY Change | 46.67% | 67.36% | 136.63% |
% of Gross Profit | |||
Research & Development | $15.92M | $17.88M | $6.697M |
YoY Change | 109.2% | 167.03% | 104.05% |
% of Gross Profit | |||
Depreciation & Amortization | $110.0K | $90.00K | $50.00K |
YoY Change | 175.0% | 80.0% | -16.67% |
% of Gross Profit | |||
Operating Expenses | $19.66M | $21.89M | $9.087M |
YoY Change | 93.69% | 140.86% | 111.87% |
Operating Profit | -$19.66M | -$16.89M | -$9.087M |
YoY Change | 174.97% | 85.84% | 745.3% |
Interest Expense | $2.470M | $400.0K | $452.0K |
YoY Change | 111.11% | -11.5% | 289.66% |
% of Operating Profit | |||
Other Income/Expense, Net | $10.00K | $929.0K | -$3.000K |
YoY Change | -101.14% | -31066.67% | -92.5% |
Pretax Income | -$17.19M | -$15.96M | -$9.090M |
YoY Change | 150.58% | 75.56% | 711.61% |
Income Tax | -$190.0K | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$16.99M | -$15.96M | -$9.090M |
YoY Change | 147.67% | 75.56% | 715.25% |
Net Earnings / Revenue | -319.16% | ||
Basic Earnings Per Share | -$0.64 | -$0.66 | -$0.45 |
Diluted Earnings Per Share | -$0.64 | -$0.66 | -$0.45 |
COMMON SHARES | |||
Basic Shares Outstanding | 26.75M shares | 24.04M shares | 20.38M shares |
Diluted Shares Outstanding | 20.38M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $427.1M | $493.8M | $115.7M |
YoY Change | 71.93% | 326.72% | 145.69% |
Cash & Equivalents | $113.6M | $293.4M | $26.67M |
Short-Term Investments | $313.5M | $200.4M | $89.05M |
Other Short-Term Assets | $7.000M | $4.000M | $3.100M |
YoY Change | 159.26% | 29.03% | 181.82% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $434.2M | $503.0M | $120.3M |
YoY Change | 71.83% | 318.05% | 129.63% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.445M | $1.344M | $513.0K |
YoY Change | 117.29% | 161.99% | 28.25% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $73.10M | $18.60M | $1.000M |
YoY Change | -3.69% | 1760.0% | |
Other Assets | $148.0K | $79.00K | $100.0K |
YoY Change | 221.74% | -21.0% | -96.77% |
Total Long-Term Assets | $74.78M | $20.10M | $1.618M |
YoY Change | -2.46% | 1142.21% | -52.41% |
TOTAL ASSETS | |||
Total Short-Term Assets | $434.2M | $503.0M | $120.3M |
Total Long-Term Assets | $74.78M | $20.10M | $1.618M |
Total Assets | $509.0M | $523.1M | $121.9M |
YoY Change | 54.54% | 328.98% | 118.54% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.443M | $6.180M | $2.557M |
YoY Change | 134.31% | 141.69% | 82.64% |
Accrued Expenses | $8.761M | $7.145M | $3.604M |
YoY Change | 79.71% | 98.25% | 20.13% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $7.600M | $7.500M | $5.000M |
YoY Change | 10.14% | 50.0% | 233.33% |
Total Short-Term Liabilities | $21.84M | $20.87M | $11.17M |
YoY Change | 54.98% | 86.8% | 48.99% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $600.0K | $2.400M | $9.300M |
YoY Change | -92.11% | -74.19% | 173.53% |
Other Long-Term Liabilities | $796.0K | $200.0K | $100.0K |
YoY Change | 696.0% | 100.0% | -92.86% |
Total Long-Term Liabilities | $796.0K | $2.600M | $9.400M |
YoY Change | -89.66% | -72.34% | 95.83% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $21.84M | $20.87M | $11.17M |
Total Long-Term Liabilities | $796.0K | $2.600M | $9.400M |
Total Liabilities | $22.63M | $23.40M | $20.60M |
YoY Change | 3.82% | 13.59% | 67.48% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$146.7M | -$129.7M | -$78.20M |
YoY Change | 72.51% | 65.85% | |
Common Stock | $27.00K | $27.00K | $20.00K |
YoY Change | 12.5% | 35.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $486.4M | $499.7M | $101.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $509.0M | $523.1M | $121.9M |
YoY Change | 54.54% | 328.98% | 118.54% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$16.99M | -$15.96M | -$9.090M |
YoY Change | 147.67% | 75.56% | 715.25% |
Depreciation, Depletion And Amortization | $110.0K | $90.00K | $50.00K |
YoY Change | 175.0% | 80.0% | -16.67% |
Cash From Operating Activities | -$12.29M | -$14.86M | -$3.890M |
YoY Change | 155.51% | 282.01% | 26.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$200.0K | -$320.0K | -$20.00K |
YoY Change | 66.67% | 1500.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$166.0M | $24.94M | -$490.0K |
YoY Change | 8.51% | -5189.8% | |
Cash From Investing Activities | -$166.1M | $24.62M | -$490.0K |
YoY Change | 8.55% | -5124.49% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $227.5M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.380M | 226.6M | 300.0K |
YoY Change | -100.65% | 75433.33% | -178.95% |
NET CHANGE | |||
Cash From Operating Activities | -12.29M | -14.86M | -3.890M |
Cash From Investing Activities | -166.1M | 24.62M | -490.0K |
Cash From Financing Activities | -1.380M | 226.6M | 300.0K |
Net Change In Cash | -179.8M | 236.4M | -4.080M |
YoY Change | -429.88% | -5893.14% | 18.26% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$12.29M | -$14.86M | -$3.890M |
Capital Expenditures | -$200.0K | -$320.0K | -$20.00K |
Free Cash Flow | -$12.09M | -$14.54M | -$3.870M |
YoY Change | 157.78% | 275.71% | 26.06% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q4 | anab |
Accrued Research And Contract Manufacturing Expenses Current
AccruedResearchAndContractManufacturingExpensesCurrent
|
2961000 | USD |
CY2018Q3 | anab |
Accrued Research And Contract Manufacturing Expenses Current
AccruedResearchAndContractManufacturingExpensesCurrent
|
4196000 | USD |
CY2018Q3 | anab |
Employee And Nonemployee Service Sharebased Compensation Nonvested Awards Compensation Not Yet Recognized Stock Options
EmployeeAndNonemployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotYetRecognizedStockOptions
|
27800000 | USD |
anab |
Payments For Proceeds From Stock Issuance Costs
PaymentsForProceedsFromStockIssuanceCosts
|
1497000 | USD | |
anab |
Payments For Proceeds From Stock Issuance Costs
PaymentsForProceedsFromStockIssuanceCosts
|
-46000 | USD | |
CY2017Q4 | anab |
Research And Development Tax Incentive Credit Receivable Current
ResearchAndDevelopmentTaxIncentiveCreditReceivableCurrent
|
1601000 | USD |
CY2018Q3 | anab |
Research And Development Tax Incentive Credit Receivable Current
ResearchAndDevelopmentTaxIncentiveCreditReceivableCurrent
|
200000 | USD |
anab |
Research And Development Tax Incentive Credit Received During Period
ResearchAndDevelopmentTaxIncentiveCreditReceivedDuringPeriod
|
4600000 | USD | |
CY2018Q3 | anab |
Research And Development Tax Incentive Credit Receivable Current
ResearchAndDevelopmentTaxIncentiveCreditReceivableCurrent
|
173000 | USD |
anab |
Research And Development Tax Incentive Credit Received During Period
ResearchAndDevelopmentTaxIncentiveCreditReceivedDuringPeriod
|
1500000 | USD | |
anab |
Revenue Recognition Milestone Method Milestones Achieved During The Period
RevenueRecognitionMilestoneMethodMilestonesAchievedDuringThePeriod
|
2 | milestone | |
CY2017Q3 | anab |
Sharebased Compensation And Issuance Of Stock And Warrants For Services Or Claims
SharebasedCompensationAndIssuanceOfStockAndWarrantsForServicesOrClaims
|
942000 | USD |
anab |
Sharebased Compensation And Issuance Of Stock And Warrants For Services Or Claims
SharebasedCompensationAndIssuanceOfStockAndWarrantsForServicesOrClaims
|
3246000 | USD | |
CY2018Q3 | anab |
Sharebased Compensation And Issuance Of Stock And Warrants For Services Or Claims
SharebasedCompensationAndIssuanceOfStockAndWarrantsForServicesOrClaims
|
2532000 | USD |
anab |
Sharebased Compensation And Issuance Of Stock And Warrants For Services Or Claims
SharebasedCompensationAndIssuanceOfStockAndWarrantsForServicesOrClaims
|
7340000 | USD | |
anab |
Stock Issuance Costs Incurred During Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashTransaction
|
215000 | USD | |
anab |
Stock Issuance Costs Incurred During Noncash Transaction
StockIssuanceCostsIncurredDuringNoncashTransaction
|
241000 | USD | |
anab |
Transfer Of Warrants To Equity
TransferOfWarrantsToEquity
|
4607000 | USD | |
anab |
Transfer Of Warrants To Equity
TransferOfWarrantsToEquity
|
0 | USD | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
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Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
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Entity Ex Transition Period
EntityExTransitionPeriod
|
true | ||
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Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
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Entity Registrant Name
EntityRegistrantName
|
ANAPTYSBIO INC | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2323000 | USD |
CY2018Q3 | us-gaap |
Accounts Payable Current
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|
6180000 | USD |
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Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
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Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
7145000 | USD |
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Accrued Rent Noncurrent
AccruedRentNoncurrent
|
140000 | USD |
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Accrued Rent Noncurrent
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|
162000 | USD |
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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|
3978000 | USD |
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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|
4092000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Additional Paid In Capital
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|
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Additional Paid In Capital
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|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Assets
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Capital Expenditures Incurred But Not Yet Paid
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
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|
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|
51292000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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|
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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|
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Earnings Per Share Basic And Diluted
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|
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Earnings Per Share Basic And Diluted
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|
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Earnings Per Share Basic And Diluted
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|
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Earnings Per Share Basic And Diluted
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|
-1.86 | ||
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Employee Related Liabilities Current
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Employee Related Liabilities Current
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Fair Value Adjustment Of Warrants
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Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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Fair Value Adjustment Of Warrants
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|
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Fair Value Adjustment Of Warrants
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|
0 | USD | |
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General And Administrative Expense
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General And Administrative Expense
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|
6793000 | USD | |
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General And Administrative Expense
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General And Administrative Expense
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11783000 | USD | |
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Increase Decrease In Accounts Payable And Accrued Liabilities
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Increase Decrease In Accounts Payable And Accrued Liabilities
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5946000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Asset
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Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
5000000 | USD | |
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Increase Decrease In Income Taxes Receivable
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Increase Decrease In Income Taxes Receivable
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
1581000 | USD | |
us-gaap |
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|
1403000 | USD | |
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Interest Expense
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|
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Interest Expense
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InterestExpense
|
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us-gaap |
Interest Expense
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|
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CY2017Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
358000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
762000 | USD | |
CY2018Q3 | us-gaap |
Interest Income Expense Nonoperating Net
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|
1369000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
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|
3851000 | USD | |
us-gaap |
Interest Paid Net
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|
762000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
835000 | USD | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
329364000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
523121000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14090000 | USD |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20873000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
80066000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
224736000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-90001000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
23699000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14628000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-36216000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9090000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23209000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15958000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-44662000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1579000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
929000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2397000 | USD | |
CY2017Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
6875000 | USD |
CY2018Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
7500000 | USD |
CY2017Q4 | us-gaap |
Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
|
7553000 | USD |
CY2018Q3 | us-gaap |
Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
|
2409000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
814000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2138000 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
9087000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
28630000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
21887000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
52059000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9087000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-21630000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16887000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-47059000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
2833000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
0 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
726000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
968000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
938000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
0 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
201000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
326000 | USD |
CY2018Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
773000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
46000 | USD |
CY2018Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
79000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
16000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-43000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
136000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-115000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
16000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-43000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
136000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-115000 | USD | |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
17000 | USD |
CY2018Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
48000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-460000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-481000 | USD | |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
91000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
344000 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-40000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-167000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
110701000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
123995000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
166000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
857000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2100000 | USD | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2688000 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
4035000 | USD |
CY2017Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
194700000 | USD |
CY2018Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
227500000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
80213000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
227476000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
20866000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
148551000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
536000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
76000 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4643000 | USD |
CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
17883000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5436000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
665000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1344000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
25.57 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
5.21 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
100.98 | ||
CY2018Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
118779000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y3M09D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M1D | ||
CY2017Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
68.50 | |
CY2018Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
94.46 | |
CY2017Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3000000 | shares |
CY2018Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
2530000 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
410551 | shares | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
307581000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
499677000 | USD |
CY2018Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
5000000 | USD |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
5000000 | USD | |
CY2017Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6697000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21837000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
40276000 | USD | |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
60000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
60000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-85034000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-129696000 | USD |
CY2017Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
0 | USD |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
7000000 | USD | |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5000000 | USD |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5000000 | USD | |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1330540 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
10.62 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
46520 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
49.68 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1061106 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
339557 | shares | |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
173085000 | USD |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2425903 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2308389 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.03 | |
CY2017Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.1429 | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-16000 | USD | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
555000 | USD | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
20382000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
18668000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24146000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23961000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of the Business </font></div><div style="line-height:120%;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">AnaptysBio, Inc. (“we,” “us,” “our,” or the “Company”) was incorporated in the state of Delaware in November 2005. We are a biotechnology company developing first-in-class antibody product candidates focused on unmet medical needs in inflammation. We develop our product candidates using our proprietary, antibody discovery technology platform, which is designed to replicate, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">in vitro</font><font style="font-family:inherit;font-size:10pt;">, the natural process of antibody generation. We currently generate revenue from milestones achieved under our collaborative research and development arrangements. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Since our inception, we have devoted our primary effort to raising capital and research and development activities. Our financial support has been provided primarily from the sale of our common and preferred stock, as well as through funds received under our collaborative research and development agreements, proceeds from our Term Loans as discussed in Note 5 below, and the issuance of convertible debt. Going forward, as we continue our expansion, we may seek additional financing and/or strategic investments. However, there can be no assurance that any additional financing or strategic investments will be available to us on acceptable terms, if at all. If events or circumstances occur such that we do not obtain additional funding, we will most likely be required to reduce our plans and/or certain discretionary spending, which could have a material adverse effect on our ability to achieve our intended business objectives. Management believes its currently available resources will provide sufficient funds to enable the Company to meet its operating plans for at least the next twelve months. The accompanying consolidated financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.</font></div><div style="line-height:120%;padding-top:24px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Public Offerings and Related Transactions</font></div><div style="line-height:120%;padding-top:24px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;font-style:italic;font-weight:bold;">Initial Public Offering</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">On January 31, 2017, we completed an initial public offering, or IPO, selling </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">5,750,000</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> shares of common stock at </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">$15.00</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> per share. Proceeds from our initial public offering net of underwriting discounts and commissions were </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">$80.2 million</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">In addition, each of the following occurred in connection with the completion of the IPO on January 31, 2017:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:30px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the conversion of all outstanding shares of convertible preferred stock into </font><font style="font-family:inherit;font-size:10pt;">11,520,698</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:65px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:32px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the conversion of warrants to purchase </font><font style="font-family:inherit;font-size:10pt;">377,195</font><font style="font-family:inherit;font-size:10pt;"> shares of convertible preferred stock into warrants to purchase </font><font style="font-family:inherit;font-size:10pt;">377,195</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock and the resultant reclassification of the warrant liability to additional paid-in capital.</font></div></td></tr></table><div style="line-height:120%;padding-top:24px;text-align:left;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reverse Stock Split </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 13, 2017, we amended and restated our certificate of incorporation to effect a </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">seven</font><font style="font-family:inherit;font-size:10pt;"> reverse stock split of every outstanding share of our preferred and common stock. The financial statements and accompanying footnotes have been retroactively restated to reflect the reverse stock split. </font></div><div style="line-height:120%;padding-top:24px;text-align:left;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Follow-on Public Offerings </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 17, 2017, we completed an underwritten public offering selling </font><font style="font-family:inherit;font-size:10pt;">3,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock. All shares were offered by us at a price to the public of </font><font style="font-family:inherit;font-size:10pt;">$68.50</font><font style="font-family:inherit;font-size:10pt;"> per share. The aggregate net proceeds received by us from the offering were </font><font style="font-family:inherit;font-size:10pt;">$194.7 million</font><font style="font-family:inherit;font-size:10pt;">, net of underwriting discounts and commissions. As part of the underwritten public offering, on November 14, 2017, the underwriters exercised an additional </font><font style="font-family:inherit;font-size:10pt;">271,380</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock at a discounted price to the public of </font><font style="font-family:inherit;font-size:10pt;">$68.50</font><font style="font-family:inherit;font-size:10pt;"> per share for aggregate net proceeds of </font><font style="font-family:inherit;font-size:10pt;">$17.6 million</font><font style="font-family:inherit;font-size:10pt;">, net of underwriting discounts and commissions.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On September 28, 2018, we completed an underwritten public offering of </font><font style="font-family:inherit;font-size:10pt;">2,530,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock, which included the exercise of the underwriters’ option to purchase an additional </font><font style="font-family:inherit;font-size:10pt;">330,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock. All shares were offered by us at a price to the public of </font><font style="font-family:inherit;font-size:10pt;">$94.46</font><font style="font-family:inherit;font-size:10pt;"> per share. The aggregate net proceeds received by us from the offering were </font><font style="font-family:inherit;font-size:10pt;">$227.5 million</font><font style="font-family:inherit;font-size:10pt;">, net of underwriting discounts and commissions.</font></div></div> | ||
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Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. We base our estimates and assumptions on historical experience when available and on various factors that we believe to be reasonable under the circumstances. We evaluate our estimates and assumptions on an ongoing basis. Our actual results could differ from these estimates under different assumptions or conditions.</font></div></div> |