2013 Q2 Form 10-Q Financial Statement
#000119312513334653 Filed on August 14, 2013
Income Statement
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
Revenue | $6.334M | $85.00K |
YoY Change | 7351.76% | |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $3.300M | $1.300M |
YoY Change | 153.85% | |
% of Gross Profit | ||
Research & Development | $7.247M | $3.354M |
YoY Change | 116.07% | |
% of Gross Profit | ||
Depreciation & Amortization | $160.0K | $70.00K |
YoY Change | 128.57% | |
% of Gross Profit | ||
Operating Expenses | $7.247M | $3.354M |
YoY Change | 116.07% | |
Operating Profit | -$4.194M | -$4.600M |
YoY Change | -8.83% | |
Interest Expense | -$400.0K | $0.00 |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$389.0K | $37.00K |
YoY Change | -1151.35% | |
Pretax Income | -$4.583M | -$4.600M |
YoY Change | -0.37% | |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$4.583M | -$4.563M |
YoY Change | 0.44% | |
Net Earnings / Revenue | -72.36% | -5368.24% |
Basic Earnings Per Share | -$23.21 | |
Diluted Earnings Per Share | -$2.091M | -$23.21 |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $228.8M | |
YoY Change | ||
Cash & Equivalents | $228.8M | $18.42M |
Short-Term Investments | ||
Other Short-Term Assets | $1.700M | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $230.5M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.515M | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.500M | |
YoY Change | ||
Total Long-Term Assets | $4.018M | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $230.5M | |
Total Long-Term Assets | $4.018M | |
Total Assets | $234.5M | |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.609M | |
YoY Change | ||
Accrued Expenses | $3.400M | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $30.36M | |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | $42.90M | |
YoY Change | ||
Total Long-Term Liabilities | $42.90M | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $30.36M | |
Total Long-Term Liabilities | $42.90M | |
Total Liabilities | $73.27M | |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$84.48M | |
YoY Change | ||
Common Stock | $236.0K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $161.3M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $234.5M | |
YoY Change |
Cashflow Statement
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$4.583M | -$4.563M |
YoY Change | 0.44% | |
Depreciation, Depletion And Amortization | $160.0K | $70.00K |
YoY Change | 128.57% | |
Cash From Operating Activities | -$8.250M | -$3.990M |
YoY Change | 106.77% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$460.0K | -$180.0K |
YoY Change | 155.56% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.250M | $0.00 |
YoY Change | ||
Cash From Investing Activities | -$1.710M | -$180.0K |
YoY Change | 850.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 107.0M | 10.00K |
YoY Change | 1069600.0% | |
NET CHANGE | ||
Cash From Operating Activities | -8.250M | -3.990M |
Cash From Investing Activities | -1.710M | -180.0K |
Cash From Financing Activities | 107.0M | 10.00K |
Net Change In Cash | 97.01M | -4.160M |
YoY Change | -2431.97% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$8.250M | -$3.990M |
Capital Expenditures | -$460.0K | -$180.0K |
Free Cash Flow | -$7.790M | -$3.810M |
YoY Change | 104.46% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
24209000 | |
CY2013Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
23721219 | shares |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18423000 | |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23603000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
21511000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1190000 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23603000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.67 | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3890000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
3.66 | |
CY2013Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
440000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
3856000 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.08 | |
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2582000 | |
CY2013Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
245515000 | |
CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1609000 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
2739000 | |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
30358000 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
12155000 | |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
161270000 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
2821000 | |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-84481000 | |
CY2013Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
25340000 | |
CY2013Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
38000 | |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
236000 | |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
234544000 | |
CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
73274000 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
2659000 | |
CY2013Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
42878000 | |
CY2013Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1253000 | |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
230526000 | |
CY2013Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1503000 | |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
228847000 | |
CY2013Q2 | us-gaap |
Assets
Assets
|
234544000 | |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
228847000 | |
CY2013Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1679000 | |
CY2013Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9939000 | |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2515000 | |
CY2013Q2 | blue |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
3409000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25604000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
309000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
309000 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.09 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2201000 | shares |
CY2012Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
6512000 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
215000 | |
CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
15267000 | |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2173000 | |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4628000 | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-55747000 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-73354000 | |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
340000 | |
CY2012Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
215000 | |
CY2012Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
46000 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
69322000 | |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
5229000 | |
CY2012Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
340000 | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
67784000 | |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
250000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
67011000 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
69322000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
67011000 | |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
773000 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1288000 | |
CY2012Q4 | blue |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
2115000 | |
dei |
Trading Symbol
TradingSymbol
|
BLUE | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
bluebird bio, Inc. | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001293971 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1.</b></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Description of the business</b></font></td> </tr> </table> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">bluebird bio, Inc. (the “Company” or “bluebird bio”) was incorporated in Delaware on April 16, 1992, and is headquartered in Cambridge, Massachusetts. The Company was formed to develop, manufacture and market therapies to safely and effectively deliver genes useful in the treatment of serious human diseases. Since its inception, the Company has devoted substantially all of its resources to its development efforts relating to its product candidates, including activities to manufacture product in compliance with good manufacturing practices (“GMP”), preparing to conduct clinical studies of its product candidates, providing general and administrative support for these operations and protecting its intellectual property.</font></p> </div> | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1244000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
5.65 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
57765000 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-8.94 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.34 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1723000 | shares | |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y9M18D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
7000 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
27000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
3.05 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4440000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of estimates</i></b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could materially differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including: expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process often may yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. This process may result in actual results differing materially from those estimated amounts used in the preparation of the financial statements. Estimates are used in the following areas, among others: stock-based compensation expense, accrued expenses, valuation of warrants, revenue and income taxes.</font></p> </div> | ||
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-22000 | ||
us-gaap |
Revenues
Revenues
|
7461000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
906000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-11127000 | ||
us-gaap |
Contracts Revenue
ContractsRevenue
|
7291000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
281000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11127000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-452000 | ||
us-gaap |
Embedded Derivative No Longer Bifurcated Amount Reclassified To Stockholders Equity
EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity
|
655000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
10000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10675000 | ||
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-2000 | ||
us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
1253000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11127000 | ||
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
119841000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1265000 | ||
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
170000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
611000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
440000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
18136000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5605000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
106589000 | ||
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
65000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
67539000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2318000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
161836000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1416000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2518000 | ||
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
106180000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12531000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
65000 | ||
us-gaap |
Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
|
344000 | ||
us-gaap |
Depreciation
Depreciation
|
304000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | ||
blue |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
-11127000 | ||
blue |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
27000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
237000 | shares | |
blue |
Deferred Stock Offering Costs Included In Accounts Payable And Accrued Liabilities
DeferredStockOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
|
1259000 | ||
blue |
Change In Earnings Per Share Basic And Diluted
ChangeInEarningsPerShareBasicAndDiluted
|
-8.94 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10185000 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-51.48 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12755000 | shares | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
14000 | ||
us-gaap |
Revenues
Revenues
|
170000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
235000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9631000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
13000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-12201000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
105000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9736000 | ||
us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
40000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9631000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
471000 | ||
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
170000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
517000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-89000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
9906000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2694000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8000 | ||
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
8000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-170000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
385000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-7181000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1095000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2996000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7212000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8000 | ||
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2570000 | ||
us-gaap |
Depreciation
Depreciation
|
133000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
3507000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | ||
blue |
Change In Earnings Per Share Basic And Diluted
ChangeInEarningsPerShareBasicAndDiluted
|
-51.48 | ||
blue |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
-12201000 | ||
blue |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
5000 | shares | |
CY2013Q2 | us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P9Y | |
CY2013Q2 | us-gaap |
Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
|
P5Y | |
CY2013Q2 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2015-03-31 | |
CY2013Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.0527 | pure |
CY2013Q2 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
209000 | |
CY2013Q2 | blue |
Letter Of Credit Related With New Lease Agreement
LetterOfCreditRelatedWithNewLeaseAgreement
|
1253000 | |
CY2013Q2 | blue |
Rent Abatement Credits
RentAbatementCredits
|
209000 | |
CY2013Q2 | blue |
Area Of Leased Space
AreaOfLeasedSpace
|
43600 | sqft |
CY2013Q2 | blue |
Landlord Contribution For Leasehold Improvements
LandlordContributionForLeaseholdImprovements
|
6538000 | |
CY2013Q2 | us-gaap |
Embedded Derivative No Longer Bifurcated Amount Reclassified To Stockholders Equity
EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity
|
655000 | |
CY2013Q2 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
104921000 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
252000 | shares |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-23.21 | |
CY2012Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12755000 | shares |
CY2012Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
6000 | |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
85000 | |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4563000 | |
CY2012Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5848000 | |
CY2012Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
37000 | |
CY2012Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4600000 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4563000 | |
CY2012Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
85000 | |
CY2012Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-30000 | |
CY2012Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
4685000 | |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1331000 | |
CY2012Q2 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
8000 | |
CY2012Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
152000 | |
CY2012Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3354000 | |
CY2012Q2 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
1285000 | |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2012Q2 | blue |
Change In Earnings Per Share Basic And Diluted
ChangeInEarningsPerShareBasicAndDiluted
|
-23.21 | |
CY2012Q2 | blue |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
-5848000 | |
CY2012Q2 | blue |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
5000 | shares |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2151000 | shares |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.13 | |
CY2013Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4440000 | shares |
CY2013Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
3000 | |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
6334000 | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4583000 | |
CY2013Q2 | us-gaap |
Contracts Revenue
ContractsRevenue
|
6249000 | |
CY2013Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4583000 | |
CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-389000 | |
CY2013Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000 | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4194000 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4583000 | |
CY2013Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
85000 | |
CY2013Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
399000 | |
CY2013Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
10528000 | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3281000 | |
CY2013Q2 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
31000 | |
CY2013Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1657000 | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7247000 | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2013Q2 | blue |
Change In Earnings Per Share Basic And Diluted
ChangeInEarningsPerShareBasicAndDiluted
|
-2.13 | |
CY2013Q2 | blue |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
-4583000 | |
CY2013Q2 | blue |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
11000 | shares |