2017 Q1 Form 10-K Financial Statement
#000162828017002566 Filed on March 14, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
Revenue | $384.2K | $182.0K | $0.00 |
YoY Change | |||
Cost Of Revenue | $0.00 | ||
YoY Change | |||
Gross Profit | $384.2K | ||
YoY Change | |||
Gross Profit Margin | 100.0% | ||
Selling, General & Admin | $1.330M | $1.090M | $1.920M |
YoY Change | -49.8% | -43.23% | 22.29% |
% of Gross Profit | 346.24% | ||
Research & Development | $953.1K | $773.0K | $1.751M |
YoY Change | -58.44% | -55.85% | -22.52% |
% of Gross Profit | 248.06% | ||
Depreciation & Amortization | $5.830K | $10.00K | $0.00 |
YoY Change | -14.11% | -100.0% | |
% of Gross Profit | 1.52% | ||
Operating Expenses | $2.283M | $773.0K | $1.751M |
YoY Change | -0.42% | -55.85% | -54.28% |
Operating Profit | -$1.899M | ||
YoY Change | -61.57% | ||
Interest Expense | -$57.75K | -$83.00K | -$158.0K |
YoY Change | -61.76% | -47.47% | -112.06% |
% of Operating Profit | |||
Other Income/Expense, Net | -$61.51K | ||
YoY Change | -68.88% | ||
Pretax Income | -$1.960M | -$1.640M | -$3.650M |
YoY Change | -61.87% | -55.07% | 44.84% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.961M | -$1.639M | -$3.648M |
YoY Change | -61.86% | -55.07% | -136.44% |
Net Earnings / Revenue | -510.31% | -900.55% | |
Basic Earnings Per Share | -$0.19 | ||
Diluted Earnings Per Share | -$0.19 | -$2.12 | -$5.07 |
COMMON SHARES | |||
Basic Shares Outstanding | 10.74M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.000M | $5.130M | $21.16M |
YoY Change | -81.93% | -75.76% | 80.24% |
Cash & Equivalents | $3.002M | $5.128M | $21.16M |
Short-Term Investments | |||
Other Short-Term Assets | $270.0K | $400.0K | $460.0K |
YoY Change | -6.9% | -13.04% | 9.52% |
Inventory | $0.00 | ||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $3.459M | $5.663M | $21.62M |
YoY Change | -79.52% | -73.81% | 77.82% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $39.21K | $43.24K | $35.22K |
YoY Change | -1.97% | 22.79% | -11.96% |
Goodwill | $0.00 | ||
YoY Change | |||
Intangibles | $0.00 | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $60.00K | $60.00K | $0.00 |
YoY Change | -100.0% | ||
Total Long-Term Assets | $102.0K | $106.1K | $35.22K |
YoY Change | 155.12% | 201.2% | -77.99% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.459M | $5.663M | $21.62M |
Total Long-Term Assets | $102.0K | $106.1K | $35.22K |
Total Assets | $3.561M | $5.769M | $21.66M |
YoY Change | -78.97% | -73.36% | 75.79% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $595.9K | $1.010M | $678.1K |
YoY Change | 1.0% | 48.97% | -27.09% |
Accrued Expenses | $640.0K | $940.0K | $1.890M |
YoY Change | -70.23% | -50.26% | 92.86% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.492M | $2.354M | $3.208M |
YoY Change | -54.78% | -26.63% | 67.96% |
Total Short-Term Liabilities | $2.737M | $4.312M | $5.850M |
YoY Change | -55.65% | -26.29% | 17.23% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.492M | $0.00 | $2.353M |
YoY Change | 0.16% | -100.0% | -55.68% |
Other Long-Term Liabilities | $1.250M | $0.00 | $370.5K |
YoY Change | 220.51% | -100.0% | |
Total Long-Term Liabilities | $1.492M | $0.00 | $2.724M |
YoY Change | -20.62% | -100.0% | -48.7% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.737M | $4.312M | $5.850M |
Total Long-Term Liabilities | $1.492M | $0.00 | $2.724M |
Total Liabilities | $3.987M | $5.562M | $8.574M |
YoY Change | -50.48% | -35.13% | -16.76% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$72.00M | -$70.04M | -$53.56M |
YoY Change | 30.75% | ||
Common Stock | $10.90K | $9.434K | $8.650K |
YoY Change | 9.06% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$425.8K | $207.0K | $13.08M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.561M | $5.769M | $21.66M |
YoY Change | -78.97% | -73.36% | 75.79% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q4 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.961M | -$1.639M | -$3.648M |
YoY Change | -61.86% | -55.07% | -136.44% |
Depreciation, Depletion And Amortization | $5.830K | $10.00K | $0.00 |
YoY Change | -14.11% | -100.0% | |
Cash From Operating Activities | -$2.236M | -$3.710M | -$3.540M |
YoY Change | -39.72% | 4.8% | -10.83% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.801K | $0.00 | $0.00 |
YoY Change | -79.76% | ||
Acquisitions | $0.00 | ||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | -$1.801K | $0.00 | $0.00 |
YoY Change | -81.99% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.187M | ||
YoY Change | |||
Debt Paid & Issued, Net | $874.7K | ||
YoY Change | 8.81% | ||
Cash From Financing Activities | $121.0K | 30.00K | 21.40M |
YoY Change | -114.4% | -99.86% | -107100.0% |
NET CHANGE | |||
Cash From Operating Activities | -$2.236M | -3.710M | -3.540M |
Cash From Investing Activities | -$1.801K | 0.000 | 0.000 |
Cash From Financing Activities | $121.0K | 30.00K | 21.40M |
Net Change In Cash | -$2.117M | -3.680M | 17.86M |
YoY Change | -53.57% | -120.6% | -547.62% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.236M | -$3.710M | -$3.540M |
Capital Expenditures | $1.801K | $0.00 | $0.00 |
Free Cash Flow | -$2.238M | -$3.710M | -$3.540M |
YoY Change | -39.81% | 4.8% | -10.83% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q4 | cerc |
Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
|
253132 | USD |
CY2016Q4 | cerc |
Accrued General And Administrative Expenses
AccruedGeneralAndAdministrativeExpenses
|
160116 | USD |
CY2015Q1 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
535000 | USD |
CY2015Q4 | cerc |
Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
|
1885458 | USD |
CY2016Q4 | cerc |
Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
|
942435 | USD |
CY2015Q4 | cerc |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
464719 | USD |
CY2016Q4 | cerc |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
315937 | USD |
CY2014 | cerc |
Adjustments To Additional Paid In Capital Issuance Of Temporary Equity
AdjustmentsToAdditionalPaidInCapitalIssuanceOfTemporaryEquity
|
54107 | USD |
CY2014 | cerc |
Adjustments To Additional Paid In Capital Reclassification From Liability To Equity
AdjustmentsToAdditionalPaidInCapitalReclassificationFromLiabilityToEquity
|
426303 | USD |
CY2014 | cerc |
Allocation Of Debt And Equity Proceeds To Investor Rights Obligation
AllocationOfDebtAndEquityProceedsToInvestorRightsObligation
|
2598510 | USD |
CY2015 | cerc |
Allocation Of Debt And Equity Proceeds To Investor Rights Obligation
AllocationOfDebtAndEquityProceedsToInvestorRightsObligation
|
0 | USD |
CY2016 | cerc |
Allocation Of Debt And Equity Proceeds To Investor Rights Obligation
AllocationOfDebtAndEquityProceedsToInvestorRightsObligation
|
0 | USD |
CY2016Q4 | cerc |
Capital Stock Shares Authorized
CapitalStockSharesAuthorized
|
205000000 | shares |
CY2015Q4 | cerc |
Deferred Tax Assets Tax Difference In Tangible And Intangible Assets
DeferredTaxAssetsTaxDifferenceInTangibleAndIntangibleAssets
|
207157 | USD |
CY2016Q4 | cerc |
Deferred Tax Assets Tax Difference In Tangible And Intangible Assets
DeferredTaxAssetsTaxDifferenceInTangibleAndIntangibleAssets
|
6174163 | USD |
CY2015 | cerc |
Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
|
-0.0002 | |
CY2016 | cerc |
Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
|
-0.0002 | |
CY2015 | cerc |
Effective Income Tax Rate Reconciliation Warrants
EffectiveIncomeTaxRateReconciliationWarrants
|
0.0426 | |
CY2016 | cerc |
Effective Income Tax Rate Reconciliation Warrants
EffectiveIncomeTaxRateReconciliationWarrants
|
0.0015 | |
CY2016Q4 | cerc |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized In Next Twelve Months
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedInNextTwelveMonths
|
815654 | USD |
CY2016Q4 | cerc |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized Year Four
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedYearFour
|
108716 | USD |
CY2016Q4 | cerc |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized Year Three
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedYearThree
|
357279 | USD |
CY2016Q4 | cerc |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Recognized Year Two
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostRecognizedYearTwo
|
766151 | USD |
CY2014 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-2266161 | USD |
CY2015Q2 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-198000 | USD |
CY2015Q3 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-1465000 | USD |
CY2015Q4 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-185000 | USD |
CY2015 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-1313049 | USD |
CY2016Q1 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
47000 | USD |
CY2016Q2 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-91000 | USD |
CY2016Q3 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
101000 | USD |
CY2016Q4 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-130000 | USD |
CY2016 | cerc |
Fair Value Adjustment Of Warrants And Investor Rights Obligation
FairValueAdjustmentOfWarrantsAndInvestorRightsObligation
|
-72625 | USD |
CY2015 | cerc |
Fair Value Measurements Changes In Valuation Techniques Number
FairValueMeasurementsChangesInValuationTechniquesNumber
|
0 | classofstock |
CY2016 | cerc |
Fair Value Measurements Changes In Valuation Techniques Number
FairValueMeasurementsChangesInValuationTechniquesNumber
|
0 | classofstock |
CY2014 | cerc |
Increase Decreasein Grant Receivable
IncreaseDecreaseinGrantReceivable
|
0 | USD |
CY2015 | cerc |
Increase Decreasein Grant Receivable
IncreaseDecreaseinGrantReceivable
|
0 | USD |
CY2016 | cerc |
Increase Decreasein Grant Receivable
IncreaseDecreaseinGrantReceivable
|
132472 | USD |
CY2014 | cerc |
Increase In Equity Due To Modification Of Temporary Equity And Issuance Of Common Stock Dividends
IncreaseInEquityDueToModificationOfTemporaryEquityAndIssuanceOfCommonStockDividends
|
6004611 | USD |
CY2015Q4 | cerc |
Number Of Class Of Stock Authorized
NumberOfClassOfStockAuthorized
|
2 | classofstock |
CY2015 | cerc |
Number Of Material Adjustments To Prior Period Estimates Of Accrued Expenses
NumberOfMaterialAdjustmentsToPriorPeriodEstimatesOfAccruedExpenses
|
0 | classofstock |
CY2016 | cerc |
Number Of Material Adjustments To Prior Period Estimates Of Accrued Expenses
NumberOfMaterialAdjustmentsToPriorPeriodEstimatesOfAccruedExpenses
|
0 | classofstock |
CY2014 | cerc |
Payment Of Fractional Shares Upon Conversion Of Preferred Stock To Common Stock
PaymentOfFractionalSharesUponConversionOfPreferredStockToCommonStock
|
0 | USD |
CY2015 | cerc |
Payment Of Fractional Shares Upon Conversion Of Preferred Stock To Common Stock
PaymentOfFractionalSharesUponConversionOfPreferredStockToCommonStock
|
1373 | USD |
CY2016 | cerc |
Payment Of Fractional Shares Upon Conversion Of Preferred Stock To Common Stock
PaymentOfFractionalSharesUponConversionOfPreferredStockToCommonStock
|
0 | USD |
CY2014 | cerc |
Payments Of Stock Issuance Costs Excluding Amounts Paid To Underwriters
PaymentsOfStockIssuanceCostsExcludingAmountsPaidToUnderwriters
|
365253 | USD |
CY2015 | cerc |
Payments Of Stock Issuance Costs Excluding Amounts Paid To Underwriters
PaymentsOfStockIssuanceCostsExcludingAmountsPaidToUnderwriters
|
2269171 | USD |
CY2016 | cerc |
Payments Of Stock Issuance Costs Excluding Amounts Paid To Underwriters
PaymentsOfStockIssuanceCostsExcludingAmountsPaidToUnderwriters
|
114945 | USD |
CY2013Q3 | cerc |
Restricted Cash Estimated Annual Reduction
RestrictedCashEstimatedAnnualReduction
|
58000 | USD |
CY2013 | cerc |
Period Of Abatement
PeriodOfAbatement
|
P3M | |
CY2014 | cerc |
Reclassification Of Common Stock Warrants From Liability To Equity
ReclassificationOfCommonStockWarrantsFromLiabilityToEquity
|
426303 | USD |
CY2015 | cerc |
Reclassification Of Common Stock Warrants From Liability To Equity
ReclassificationOfCommonStockWarrantsFromLiabilityToEquity
|
0 | USD |
CY2016 | cerc |
Reclassification Of Common Stock Warrants From Liability To Equity
ReclassificationOfCommonStockWarrantsFromLiabilityToEquity
|
0 | USD |
CY2016 | cerc |
Restricted Cash Number Of Periods Annual Reduction Permitted
RestrictedCashNumberOfPeriodsAnnualReductionPermitted
|
P3Y | |
CY2013Q3 | cerc |
Security Deposit Required At End Of Lease Term
SecurityDepositRequiredAtEndOfLeaseTerm
|
13000 | USD |
CY2015Q4 | cerc |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodFairValue
|
1467886 | USD |
CY2016Q4 | cerc |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodFairValue
|
2155234 | USD |
CY2016 | cerc |
Share Based Compensation Arrangement By Share Based Payment Award Share Reserve Increase As Percent
ShareBasedCompensationArrangementByShareBasedPaymentAwardShareReserveIncreaseAsPercent
|
0.04 | |
CY2014 | cerc |
Temporary Equity Extinguishment Upon Modification Of Convertible Preferred Stock
TemporaryEquityExtinguishmentUponModificationOfConvertiblePreferredStock
|
12534438 | USD |
CY2015 | cerc |
Temporary Equity Extinguishment Upon Modification Of Convertible Preferred Stock
TemporaryEquityExtinguishmentUponModificationOfConvertiblePreferredStock
|
0 | USD |
CY2016 | cerc |
Temporary Equity Extinguishment Upon Modification Of Convertible Preferred Stock
TemporaryEquityExtinguishmentUponModificationOfConvertiblePreferredStock
|
0 | USD |
CY2016Q3 | cerc |
Threshold Price Per Common Stock On Any Trading Day To Present Notice For Purchase Of Common Stock
ThresholdPricePerCommonStockOnAnyTradingDayToPresentNoticeForPurchaseOfCommonStock
|
0.50 | |
CY2015Q4 | cerc |
Unit Purchase Option Liability
UnitPurchaseOptionLiability
|
50571 | USD |
CY2016Q4 | cerc |
Unit Purchase Option Liability
UnitPurchaseOptionLiability
|
51 | USD |
CY2015Q4 | cerc |
Warrants Outstanding
WarrantsOutstanding
|
27606 | USD |
CY2016Q4 | cerc |
Warrants Outstanding
WarrantsOutstanding
|
5501 | USD |
CY2014 | cerc |
Write Off Of Deferred Stock Issuance Costs
WriteOffOfDeferredStockIssuanceCosts
|
1064106 | USD |
CY2015 | cerc |
Write Off Of Deferred Stock Issuance Costs
WriteOffOfDeferredStockIssuanceCosts
|
0 | USD |
CY2016 | cerc |
Write Off Of Deferred Stock Issuance Costs
WriteOffOfDeferredStockIssuanceCosts
|
0 | USD |
CY2016 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2016 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2016 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2016 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
CY2016 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-12-31 | |
CY2016 | dei |
Document Type
DocumentType
|
10-K | |
CY2016 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001534120 | |
CY2017Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
10744959 | shares |
CY2016 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2016 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2016Q4 | dei |
Entity Public Float
EntityPublicFloat
|
6800000 | USD |
CY2016 | dei |
Entity Registrant Name
EntityRegistrantName
|
Cerecor Inc. | |
CY2016 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2016 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
678109 | USD |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1010209 | USD |
CY2015Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
1885458 | USD |
CY2016Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
942435 | USD |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
60835 | USD |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
87691 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
66638557 | USD |
CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
70232651 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1086581 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
394748 | USD |
CY2016 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1694891 | USD |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
394748 | USD |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1694891 | USD |
CY2014 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
625208 | shares |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2016 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2015Q4 | us-gaap |
Assets
Assets
|
21657565 | USD |
CY2016Q4 | us-gaap |
Assets
Assets
|
5768865 | USD |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
21622349 | USD |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
5662794 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3421480 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11742349 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21161967 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5127958 | USD |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
8320869 | USD |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
9419618 | USD |
CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-16034009 | USD |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8650143 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9434141 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
8650143 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9434141 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
8650 | USD |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9434 | USD |
CY2014 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
2249666 | USD |
CY2015 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD |
CY2016 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD |
CY2015Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5688256 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2374031 | USD |
CY2015Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
126700 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
20364 | USD |
CY2014 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD |
CY2015 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD |
CY2016 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
81832 | USD |
CY2015Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
5561556 | USD |
CY2016Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
2353667 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
24326374 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
30874531 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
20350451 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
20587955 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
1814296 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
1840505 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
|
438351 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
|
90936 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1500520 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
2169070 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
15599 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
|
11902 | USD |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1636000 | USD |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1703000 | USD |
CY2016Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1095000 | USD |
CY2016 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3400 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3400 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.4608 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.3975 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.0003 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.0000 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0512 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0344 | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
24326374 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
30874531 | USD |
CY2014 | us-gaap |
Depreciation
Depreciation
|
28943 | USD |
CY2015 | us-gaap |
Depreciation
Depreciation
|
23508 | USD |
CY2016 | us-gaap |
Depreciation
Depreciation
|
26856 | USD |
CY2014 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-5.48 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.98 | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.48 | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.06 | |
CY2015Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.53 | |
CY2015 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.71 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.59 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.41 | |
CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.70 | |
CY2016Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.18 | |
CY2016 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.87 | |
CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
|
-0.0269 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
|
-0.0218 | |
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1128073 | USD |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
272601 | USD |
CY2016Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
2047800 | USD |
CY2015Q4 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2016Q4 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | USD |
CY2015Q4 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | USD |
CY2016Q4 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | USD |
CY2014 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P6Y3M | |
CY2014 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-17806 | USD |
CY2015 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
CY2016 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
CY2014 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4875030 | USD |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
761000 | USD |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1016000 | USD |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
722000 | USD |
CY2015Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1924000 | USD |
CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4422764 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2649000 | USD |
CY2016 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7083155 | USD |
CY2015Q4 | us-gaap |
Grants Receivable Current
GrantsReceivableCurrent
|
0 | USD |
CY2016Q4 | us-gaap |
Grants Receivable Current
GrantsReceivableCurrent
|
132472 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-708366 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-268709 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
332100 | USD |
CY2014 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-28400 | USD |
CY2015 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
1121054 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-119495 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-353973 | USD |
CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
41243 | USD |
CY2016 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-22047 | USD |
CY2014 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
498 | USD |
CY2015 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
-116666 | USD |
CY2016 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
15107 | USD |
CY2014 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-1206187 | USD |
CY2015Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-219000 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-219000 | USD |
CY2015Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-197000 | USD |
CY2015Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-158000 | USD |
CY2015 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-793205 | USD |
CY2016Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-151000 | USD |
CY2016Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-127000 | USD |
CY2016Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-104000 | USD |
CY2016Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-83000 | USD |
CY2016 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-464181 | USD |
CY2014 | us-gaap |
Interest Paid
InterestPaid
|
173514 | USD |
CY2015 | us-gaap |
Interest Paid
InterestPaid
|
568299 | USD |
CY2016 | us-gaap |
Interest Paid
InterestPaid
|
348888 | USD |
CY2015Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
39534 | USD |
CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
193781 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
8573838 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
5561863 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21657565 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5768865 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5849818 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4311863 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3208074 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2353667 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2353482 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
0 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
23858720 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
19602982 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1425988 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-19502 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-19984 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
21165589 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1899987 | USD |
CY2016 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.35 | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P7Y2M27D | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y5M9D | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P8Y5M9D | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
401550 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
391253 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
23685270 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2003182 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
7390000 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
14584307 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
2249666 | USD |
CY2015 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
96051 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
130934 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
35216 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
43243 | USD |
CY2014 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
CY2015 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1811744 | USD |
CY2016 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3314225 | USD |
CY2014 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12240535 | USD |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1723000 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1875000 | USD |
CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1238000 | USD |
CY2015Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1751000 | USD |
CY2015 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6587183 | USD |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2293000 | USD |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2502000 | USD |
CY2016Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4582000 | USD |
CY2016Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
773000 | USD |
CY2016 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10149879 | USD |
CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
175000 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
58832 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
11111 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
0 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
62828 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-53563480 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-70035083 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
0 | USD |
CY2015Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
135319 | USD |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
1300000 | USD |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
915242 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.24 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
700000 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
28344157 | USD |
CY2014 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
0 | USD |
CY2015 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
0 | USD |
CY2016Q1 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
0 | USD |
CY2016Q2 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
650000 | USD |
CY2016Q3 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
321000 | USD |
CY2016Q4 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
182000 | USD |
CY2016 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
1152987 | USD |
CY2014 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1086581 | USD |
CY2015 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
394748 | USD |
CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1694891 | USD |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.700 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.700 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
791251 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
7.55 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
116928 | shares |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
25071 | shares |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
523390 | shares |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.80 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.35 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
552726 | shares |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
959188 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1849359 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
9.17 | |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.68 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.57 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
0 | USD |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
1849359 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
5.57 | |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
8.60 | |
CY2016 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
5.04 | |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.31 | |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-34883 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-15518349 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-10163380 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-14573138 | USD |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16055591 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3238000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2912000 | USD |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-692000 | USD |
CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3648000 | USD |
CY2015 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10490103 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5140000 | USD |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3524000 | USD |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6169000 | USD |
CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1639000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16471603 | USD |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3521153 | USD |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-10490103 | USD |
CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-16471603 | USD |
CY2014 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1059974 | USD |
CY2015 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
519844 | USD |
CY2016 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-391556 | USD |
CY2016 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
CY2014 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17115565 | USD |
CY2015 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11009947 | USD |
CY2016 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16080047 | USD |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
313561 | USD |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
154845 | USD |
CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
158716 | USD |
CY2015 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
142000 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
142000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
370538 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1250000 | USD |
CY2014 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
989258 | USD |
CY2015 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
293748 | USD |
CY2016 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
162270 | USD |
CY2014 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19502 | USD |
CY2015 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19984 | USD |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
34883 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-17846675 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-26330664 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13083727 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
207002 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2016 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | USD |
CY2016 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
6500000 | USD |
CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
642052 | shares |
CY2015 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2226023 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8830396 | shares |
CY2016 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;text-indent:84px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and cash equivalents. The Company maintains a portion of its cash and cash equivalent balances in the form of a money market account with a financial institution that management believes to be creditworthy. The Company has no financial instruments with off‑balance sheet risk of loss.</font></div></div> | |
CY2016 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business</font></div><div style="line-height:120%;text-indent:84px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cerecor Inc. (the “Company” or “Cerecor”) was incorporated on January 31, 2011 in Delaware. The Company is a clinical‑stage biopharmaceutical company with the goal of becoming a leader in the development of innovative drugs that make a difference in the lives of patients with neurological and psychiatric disorders. The Company’s operations since inception have been limited to organizing and staffing the Company, acquiring rights to and developing certain product candidates, business planning and raising capital.</font></div><div style="line-height:120%;text-indent:132px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Liquidity - Going Concern</font></div><div style="line-height:120%;text-indent:84px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's financial statements have been prepared on a going-concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Accordingly, the financial statements do not include any adjustments that might be necessary should the Company be unable to continue to fund its operations. The Company has not generated any product revenues and has not yet achieved profitable operations. There is no assurance that profitable operations will ever be achieved, and if achieved, could be sustained on a continuing basis.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has incurred recurring operating losses since inception. For the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company incurred a net loss of </font><font style="font-family:inherit;font-size:10pt;">$16.5 million</font><font style="font-family:inherit;font-size:10pt;"> and generated negative cash flows from operations of </font><font style="font-family:inherit;font-size:10pt;">$14.6 million</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company had an accumulated deficit of </font><font style="font-family:inherit;font-size:10pt;">$70.0 million</font><font style="font-family:inherit;font-size:10pt;">. The Company anticipates operating losses to continue for the foreseeable future due to, among other things, costs related to the clinical development of its product candidates, its preclinical programs, business development and its organizational infrastructure. The Company will require substantial additional financing to fund its operations and to continue to execute its strategy. To fully execute its business plan, the Company will need to complete certain research and development activities, have positive clinical trial results and obtain marketing approval for its product candidates, which may span many years, and may ultimately be unsuccessful. Any delays in completing these activities or negative clinical trial results could adversely impact the Company. The Company plans to meet its capital requirements primarily through further offerings of equity or debt securities, non-dilutive financing arrangements such as federal grants, collaboration agreements or out-licensing arrangements, and to explore strategic alternatives such as an acquisition, merger, or business combination. In the long term, the Company plans to meet its capital requirements through revenue from product sales to the extent its product candidates receive marketing approval and are commercialized. There can be no assurance, however, that the Company will be successful in obtaining financing at the level needed to sustain operations and develop its product candidates or on terms acceptable to the Company, that the Company's exploration of strategic alternatives will result in any such transaction, or that the Company will obtain approvals necessary to market its products or achieve profitability or sustainable, positive cash flow. If the Company fails to raise capital or enter into such arrangements or transactions in the short term, it will have to significantly delay, scale back or discontinue the development of one or more of its product candidates or cease its operations altogether. The Company currently anticipates that current cash and cash equivalents will be sufficient to meet its anticipated cash requirements well into the second quarter of 2017. These factors raise substantial doubt about the Company's ability to continue as a going concern within one year of the date that our financial statements were issued.</font></div></div> | |
CY2016 | us-gaap |
Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Grant Revenue Recognition</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes grant revenue when there is (i) reasonable assurance of compliance with the conditions of the grant and (ii) reasonable assurance that the grant will be received. In April 2016, the Company received a research and development grant from the National Institute on Drug Abuse ("NIDA") at the National Institutes of Health ("NIH") to provide additional resources for the period of May 2016 through April 2017 for the Company’s now completed Phase 2 clinical trial for CERC-501, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">A Randomized, Double-Blind, Placebo-Controlled, Crossover Design Study of CERC-501 in a Human Laboratory Model of Smoking Behavior</font><font style="font-family:inherit;font-size:10pt;">.” The amount of the NIDA award was </font><font style="font-family:inherit;font-size:10pt;">$1.02 million</font><font style="font-family:inherit;font-size:10pt;">. Additionally, in July 2016, the Company received a research and development grant from the National Institute on Alcohol Abuse and Alcoholism ("NIAAA") at the NIH to provide additional resources for the period of July 2016 through June 2017 to progress the development of CERC-501 for the treatment of alcohol use disorder. The amount of the NIAAA award was </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;">. The Company recognizes revenue under grants in earnings on a systemic basis in the period the related expenditures for which the grants are intended to compensate are incurred.</font></div></div> | |
CY2016 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;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%;text-indent:84px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, other comprehensive income and related disclosures. On an ongoing basis, management evaluates its estimates, including estimates related to clinical trial accruals, warrant liability and embedded derivative liabilities. The Company bases its estimates on historical experience and other market‑specific or other relevant assumptions that it believes to be reasonable under the circumstances. Actual results may differ from those estimates or assumptions.</font></div><div style="line-height:120%;text-indent:132px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior to being a public company, the Company utilized estimates and assumptions in determining the fair value of its common stock as an input for determining the grant date fair value of stock option grants. Management used the assistance of a third‑party valuation firm in estimating the fair value of the common stock. The board of directors determined the estimated fair value of the common stock based on a number of objective and subjective factors, including external market conditions affecting the biotechnology industry sector and the historic prices at which the Company sold shares of its preferred stock.</font></div></div> |