2014 Q3 Form 10-Q Financial Statement
#000119312514306702 Filed on August 12, 2014
Income Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
Revenue | $6.365M | $6.335M | $6.334M |
YoY Change | -0.31% | 0.02% | 7351.76% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $6.600M | $5.700M | $3.300M |
YoY Change | 73.68% | 72.73% | 153.85% |
% of Gross Profit | |||
Research & Development | $16.65M | $13.93M | $7.247M |
YoY Change | 91.24% | 92.23% | 116.07% |
% of Gross Profit | |||
Depreciation & Amortization | $1.540M | $540.0K | $160.0K |
YoY Change | 396.77% | 237.5% | 128.57% |
% of Gross Profit | |||
Operating Expenses | $16.65M | $19.67M | $7.247M |
YoY Change | 91.24% | 171.41% | 116.07% |
Operating Profit | -$17.01M | -$13.33M | -$4.194M |
YoY Change | 176.27% | 217.93% | -8.83% |
Interest Expense | -$100.0K | -$400.0K | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$20.00K | $11.00K | -$389.0K |
YoY Change | -145.45% | -102.83% | -1151.35% |
Pretax Income | -$17.03M | -$13.32M | -$4.583M |
YoY Change | 178.59% | 190.7% | -0.37% |
Income Tax | $0.00 | -$11.80M | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$17.03M | -$1.526M | -$4.583M |
YoY Change | 178.59% | -66.7% | 0.44% |
Net Earnings / Revenue | -267.56% | -24.09% | -72.36% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$605.0K | -$61.22K | -$2.091M |
COMMON SHARES | |||
Basic Shares Outstanding | 28.60M shares | 24.51M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $215.4M | $175.7M | $228.8M |
YoY Change | -0.65% | -23.21% | |
Cash & Equivalents | $89.60M | $175.7M | $228.8M |
Short-Term Investments | $125.8M | ||
Other Short-Term Assets | $7.900M | $7.200M | $1.700M |
YoY Change | 68.09% | 323.53% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $223.3M | $182.9M | $230.5M |
YoY Change | 0.84% | -20.67% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $14.98M | $12.86M | $2.515M |
YoY Change | 177.78% | 411.21% | |
Goodwill | $13.13M | $13.13M | |
YoY Change | |||
Intangibles | $29.16M | $30.10M | |
YoY Change | |||
Long-Term Investments | $48.40M | ||
YoY Change | |||
Other Assets | $1.162M | $1.700M | $1.500M |
YoY Change | -17.0% | 13.33% | |
Total Long-Term Assets | $106.9M | $57.75M | $4.018M |
YoY Change | 1472.82% | 1337.36% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $223.3M | $182.9M | $230.5M |
Total Long-Term Assets | $106.9M | $57.75M | $4.018M |
Total Assets | $330.2M | $240.6M | $234.5M |
YoY Change | 44.66% | 2.59% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.641M | $2.586M | $1.609M |
YoY Change | 218.27% | 60.72% | |
Accrued Expenses | $9.700M | $11.70M | $3.400M |
YoY Change | 94.0% | 244.12% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $38.52M | $39.55M | $30.36M |
YoY Change | 22.34% | 30.27% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $323.0K | $352.0K | $42.90M |
YoY Change | -99.17% | -99.18% | |
Total Long-Term Liabilities | $323.0K | $352.0K | $42.90M |
YoY Change | -99.17% | -99.18% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $38.52M | $39.55M | $30.36M |
Total Long-Term Liabilities | $323.0K | $352.0K | $42.90M |
Total Liabilities | $68.30M | $74.87M | $73.27M |
YoY Change | -3.2% | 2.17% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$127.8M | -$110.8M | -$84.48M |
YoY Change | 41.11% | 31.17% | |
Common Stock | $287.0K | $251.0K | $236.0K |
YoY Change | 21.61% | 6.36% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $261.9M | $165.8M | $161.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $330.2M | $240.6M | $234.5M |
YoY Change | 44.66% | 2.59% |
Cashflow Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$17.03M | -$1.526M | -$4.583M |
YoY Change | 178.59% | -66.7% | 0.44% |
Depreciation, Depletion And Amortization | $1.540M | $540.0K | $160.0K |
YoY Change | 396.77% | 237.5% | 128.57% |
Cash From Operating Activities | -$20.77M | -$11.33M | -$8.250M |
YoY Change | 134.42% | 37.33% | 106.77% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.770M | -$2.010M | -$460.0K |
YoY Change | -16.11% | 336.96% | 155.56% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$173.8M | -$4.670M | -$1.250M |
YoY Change | -173920.0% | 273.6% | |
Cash From Investing Activities | -$175.6M | -$6.690M | -$1.710M |
YoY Change | 8635.32% | 291.23% | 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 | 110.2M | 1.230M | 107.0M |
YoY Change | -9442.37% | -98.85% | 1069600.0% |
NET CHANGE | |||
Cash From Operating Activities | -20.77M | -11.33M | -8.250M |
Cash From Investing Activities | -175.6M | -6.690M | -1.710M |
Cash From Financing Activities | 110.2M | 1.230M | 107.0M |
Net Change In Cash | -86.11M | -16.79M | 97.01M |
YoY Change | 614.61% | -117.31% | -2431.97% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$20.77M | -$11.33M | -$8.250M |
Capital Expenditures | -$1.770M | -$2.010M | -$460.0K |
Free Cash Flow | -$19.00M | -$9.320M | -$7.790M |
YoY Change | 181.48% | 19.64% | 104.46% |
Facts In Submission
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18136000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5605000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
106589000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
67539000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2318000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
304000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
161836000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2518000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1416000 | ||
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 | ||
blue |
Deferred Stock Offering Costs Included In Accounts Payable And Accrued Liabilities
DeferredStockOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
|
1259000 | ||
blue |
Conversion Of Convertible Preferred Stock To Common Stock Upon Ipo
ConversionOfConvertiblePreferredStockToCommonStockUponIpo
|
119841000 | ||
blue |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
-6000 | ||
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
|
2014 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-30 | ||
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> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>1. Description of the business</b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> bluebird bio, Inc. (the “Company” or “bluebird”) 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”), conduct clinical studies of its product candidates, provide general and administrative support for these operations and protect its intellectual property.</p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> On June 30, 2014, the Company acquired all of the outstanding capital stock of Precision Genome Engineering, Inc. (“Pregenen”) and in connection therewith, obtained the rights to Pregenen’s gene editing and cell signaling technology. See Note 6, “Business combinations,” for additional information.</p> </div> | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24312000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
23.66 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-23258000 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.50 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.90 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
937000 | shares | |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y | ||
us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2015-03-31 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
92000 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
691000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
14.98 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4571000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Use of estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> 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: acquisition-date fair value and subsequent fair value estimates used to assess impairment of long-lived assets, including goodwill and intangible assets, contingent consideration, stock-based compensation expense, accrued expenses, revenue and income taxes.</p> </div> | ||
us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Three months or less | ||
us-gaap |
Revenues
Revenues
|
12670000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-854000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-12135000 | ||
us-gaap |
Contracts Revenue
ContractsRevenue
|
12500000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-23932000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
344000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4673000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
69000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24001000 | ||
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
11797000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-12135000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4534000 | ||
us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
170000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
7674000 | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
168000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
36671000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11277000 | ||
us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
1864000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1896000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
|
643000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-12670000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4843000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1017000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-30569000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-9207000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2702000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
25394000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1896000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11797000 | ||
blue |
Deferred Stock Offering Costs Included In Accounts Payable And Accrued Liabilities
DeferredStockOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
|
45000 | ||
blue |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
1490000 | ||
blue |
Class Of Warrant Or Right Exercised
ClassOfWarrantOrRightExercised
|
0 | shares | |
blue |
Receivable For Stock Option Exercise
ReceivableForStockOptionExercise
|
75000 | ||
blue |
Class Of Warrant Or Right Cancelled Or Expired In Period
ClassOfWarrantOrRightCancelledOrExpiredInPeriod
|
0 | shares | |
blue |
Number Of New Employees Hired For Additional Headcount
NumberOfNewEmployeesHiredForAdditionalHeadcount
|
15 | Employees | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecrease
|
960000 | shares |
CY2014Q1 | blue |
Tax Incentive Program Tax Incentive Awarded
TaxIncentiveProgramTaxIncentiveAwarded
|
306000 | |
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 |
Revenues
Revenues
|
6334000 | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4583000 | |
CY2013Q2 | us-gaap |
Contracts Revenue
ContractsRevenue
|
6249000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4583000 | |
CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-389000 | |
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 |
Costs And Expenses
CostsAndExpenses
|
10528000 | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3281000 | |
CY2013Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1657000 | |
CY2013Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7247000 | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24474000 | shares |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2014Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4571000 | shares |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
6335000 | |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1526000 | |
CY2014Q2 | us-gaap |
Contracts Revenue
ContractsRevenue
|
6250000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-13323000 | |
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
11000 | |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13334000 | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1526000 | |
CY2014Q2 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
85000 | |
CY2014Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
19669000 | |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5738000 | |
CY2014Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2351000 | |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13931000 | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11797000 | |
CY2014Q2 | blue |
Class Of Warrant Or Right Exercised
ClassOfWarrantOrRightExercised
|
0 | shares |
CY2014Q2 | blue |
Class Of Warrant Or Right Cancelled Or Expired In Period
ClassOfWarrantOrRightCancelledOrExpiredInPeriod
|
0 | shares |