2017 Q2 Form 10-Q Financial Statement
#000148500317000081 Filed on August 14, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $0.00 | $277.0K |
YoY Change | -100.0% | 142.98% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $2.240M | $3.470M |
YoY Change | -35.45% | 54.22% |
% of Gross Profit | ||
Research & Development | $2.909M | $3.298M |
YoY Change | -11.8% | -47.39% |
% of Gross Profit | ||
Depreciation & Amortization | $90.00K | $40.00K |
YoY Change | 125.0% | -55.56% |
% of Gross Profit | ||
Operating Expenses | $7.350M | $6.769M |
YoY Change | 8.58% | -20.51% |
Operating Profit | -$7.350M | -$6.492M |
YoY Change | 13.22% | -22.73% |
Interest Expense | $0.00 | $0.00 |
YoY Change | -100.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | $34.00K | $1.000K |
YoY Change | 3300.0% | -99.93% |
Pretax Income | -$7.320M | -$6.490M |
YoY Change | 12.79% | -6.08% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$7.316M | -$6.491M |
YoY Change | 12.71% | -6.01% |
Net Earnings / Revenue | -2343.32% | |
Basic Earnings Per Share | -$0.33 | |
Diluted Earnings Per Share | -$296.5K | -$0.33 |
COMMON SHARES | ||
Basic Shares Outstanding | 24.70M shares | 19.88M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $15.80M | $8.500M |
YoY Change | 85.88% | -84.11% |
Cash & Equivalents | $15.75M | $8.484M |
Short-Term Investments | ||
Other Short-Term Assets | $700.0K | $400.0K |
YoY Change | 75.0% | -55.56% |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $16.46M | $8.834M |
YoY Change | 86.3% | -83.77% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $632.0K | $314.0K |
YoY Change | 101.27% | -45.86% |
Goodwill | $17.37M | |
YoY Change | ||
Intangibles | $60.50M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $77.00K | $0.00 |
YoY Change | -100.0% | |
Total Long-Term Assets | $78.59M | $433.0K |
YoY Change | 18050.12% | -37.25% |
TOTAL ASSETS | ||
Total Short-Term Assets | $16.46M | $8.834M |
Total Long-Term Assets | $78.59M | $433.0K |
Total Assets | $95.05M | $9.267M |
YoY Change | 925.66% | -83.19% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.245M | $1.855M |
YoY Change | -32.88% | -1.33% |
Accrued Expenses | $2.492M | $1.153M |
YoY Change | 116.13% | 86.57% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | |
YoY Change | -100.0% | |
Total Short-Term Liabilities | $3.855M | $3.008M |
YoY Change | 28.16% | -45.03% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $148.0K | $73.00K |
YoY Change | 102.74% | -55.49% |
Total Long-Term Liabilities | $148.0K | $73.00K |
YoY Change | 102.74% | -55.49% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.855M | $3.008M |
Total Long-Term Liabilities | $148.0K | $73.00K |
Total Liabilities | $4.003M | $3.081M |
YoY Change | 29.93% | -45.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$136.7M | -$139.3M |
YoY Change | -1.86% | 32.41% |
Common Stock | $25.00K | $20.00K |
YoY Change | 25.0% | 5.26% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $25.91M | $6.173M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $95.05M | $9.267M |
YoY Change | 925.66% | -83.19% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$7.316M | -$6.491M |
YoY Change | 12.71% | -6.01% |
Depreciation, Depletion And Amortization | $90.00K | $40.00K |
YoY Change | 125.0% | -55.56% |
Cash From Operating Activities | -$4.510M | -$5.010M |
YoY Change | -9.98% | -44.52% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$10.00K | |
YoY Change | ||
Cash From Investing Activities | -$10.00K | $0.00 |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 0.000 | 70.00K |
YoY Change | -100.0% | -99.59% |
NET CHANGE | ||
Cash From Operating Activities | -4.510M | -5.010M |
Cash From Investing Activities | -10.00K | 0.000 |
Cash From Financing Activities | 0.000 | 70.00K |
Net Change In Cash | -4.520M | -4.940M |
YoY Change | -8.5% | -162.22% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$4.510M | -$5.010M |
Capital Expenditures | $0.00 | |
Free Cash Flow | -$5.010M | |
YoY Change | -42.87% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Licenses Revenue
LicensesRevenue
|
0 | USD | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001485003 | ||
CY2017Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
24700746 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Eleven Biotherapeutics, Inc. | ||
dei |
Trading Symbol
TradingSymbol
|
EBIO | ||
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Working Capital Net
WorkingCapitalNet
|
12600000 | USD |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1667000 | USD |
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Accounts Payable Current
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1245000 | USD |
CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1774000 | USD |
CY2017Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2492000 | USD |
CY2016Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
413000 | USD |
CY2017Q2 | us-gaap |
Accrued Professional Fees Current
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206000 | USD |
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Additional Paid In Capital
AdditionalPaidInCapital
|
161963000 | USD |
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3240757 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3240757 | shares | |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
2905336 | shares | |
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Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
88000 | USD | |
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|
40000 | USD | |
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Assets
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Assets
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Assets Current
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Assets Current
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|
16458000 | USD |
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Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Period Increase Decrease
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Cash And Cash Equivalents Period Increase Decrease
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Commitments And Contingencies
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Common Stock Par Or Stated Value Per Share
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Common Stock Value
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Common Stock Value
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Construction Payable Current
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Construction Payable Current
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Depreciation And Amortization
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|
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|
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Fair Value Assumptions Risk Free Interest Rate
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|
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Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
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Gain Loss On Sale Of Property Plant Equipment
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General And Administrative Expense
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General And Administrative Expense
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General And Administrative Expense
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|
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Goodwill
Goodwill
|
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Goodwill
Goodwill
|
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
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Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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|
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Increase Decrease In Deferred Revenue
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|
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us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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Increase Decrease In Restricted Cash For Operating Activities
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|
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Increase Decrease In Restricted Cash For Operating Activities
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|
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Intangible Assets Net Excluding Goodwill
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|
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Intangible Assets Net Excluding Goodwill
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|
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Interest Income Expense Nonoperating Net
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|
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us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
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Interest Income Expense Nonoperating Net
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Interest Income Expense Nonoperating Net
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Interest Paid
InterestPaid
|
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Interest Paid
InterestPaid
|
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Liabilities And Stockholders Equity
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|
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|
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Liabilities Current
LiabilitiesCurrent
|
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Liabilities Current
LiabilitiesCurrent
|
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CY2016Q2 | us-gaap |
Licenses Revenue
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|
0 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
135000 | USD | |
CY2017Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
0 | USD |
us-gaap |
Licenses Revenue
LicensesRevenue
|
425000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
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us-gaap |
Net Cash Provided By Used In Financing Activities
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|
45000 | USD | |
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Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
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Net Cash Provided By Used In Operating Activities
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|
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Net Cash Provided By Used In Operating Activities
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|
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Net Income Loss
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Net Income Loss
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Net Income Loss
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|
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Net Income Loss
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|
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Nonoperating Income Expense
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|
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Nonoperating Income Expense
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|
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Nonoperating Income Expense
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|
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|
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Operating Expenses
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|
13548000 | USD | |
CY2017Q2 | us-gaap |
Operating Expenses
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|
7350000 | USD |
us-gaap |
Operating Expenses
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|
13937000 | USD | |
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|
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OperatingIncomeLoss
|
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OperatingIncomeLoss
|
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
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|
157000 | USD |
CY2017Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
53000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | USD |
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
77000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
0 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
148000 | USD |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
139000 | USD | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
34000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
135000 | USD | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
26000 | USD | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
425000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
796000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
585000 | USD |
CY2017Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
707000 | USD |
us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
69000 | USD | |
CY2016Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
621000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1207000 | USD | |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-136700000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
277000 | USD |
us-gaap |
Revenues
Revenues
|
506000 | USD | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
0 | USD |
us-gaap |
Revenues
Revenues
|
0 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
277000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
506000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
0 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
632000 | USD |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
14124000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3298000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7930000 | USD | |
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2909000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5783000 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
10000 | USD |
CY2017Q2 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
10000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-123311000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-136679000 | USD |
CY2017Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
322000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
566000 | USD | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
942661 | shares |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
4.76 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
166887 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
248025 | shares | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2024468 | shares |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1965206 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.41 | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.92 | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
1965206 | shares |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
3.92 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.28 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
9.85 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.85 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
140400 | shares | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38677000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25910000 | USD |
CY2016Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19874000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19756000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24685000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24648000 | shares | |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
221000 | USD | |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | USD |