2015 Q4 Form 10-Q Financial Statement
#000111748015000024 Filed on November 05, 2015
Income Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
Revenue | $3.110M | $2.271M | $1.185M |
YoY Change | 169.03% | 91.65% | 29.93% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $9.760M | $8.613M | $4.717M |
YoY Change | 70.63% | 82.59% | 132.36% |
% of Gross Profit | |||
Research & Development | $31.58M | $26.50M | $13.33M |
YoY Change | 101.53% | 98.79% | 150.53% |
% of Gross Profit | |||
Depreciation & Amortization | $220.0K | $180.0K | $80.00K |
YoY Change | 120.0% | 125.0% | 33.33% |
% of Gross Profit | |||
Operating Expenses | $41.33M | $35.02M | $18.05M |
YoY Change | 93.31% | 94.06% | 145.51% |
Operating Profit | -$38.22M | -$32.75M | -$16.86M |
YoY Change | 88.98% | 94.23% | 161.96% |
Interest Expense | $380.0K | $300.0K | -$90.00K |
YoY Change | -2000.0% | -433.33% | -66.67% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | |
YoY Change | |||
Pretax Income | -$37.84M | -$32.45M | -$16.95M |
YoY Change | 86.86% | 91.45% | 152.61% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$37.84M | -$32.45M | -$16.95M |
YoY Change | 86.9% | 91.43% | 152.77% |
Net Earnings / Revenue | -1216.78% | -1428.84% | -1430.46% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$819.4K | -$704.5K | -$472.8K |
COMMON SHARES | |||
Basic Shares Outstanding | 46.15M shares | 46.07M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $220.3M | $220.8M | $188.4M |
YoY Change | -6.1% | 17.2% | 61.16% |
Cash & Equivalents | $20.61M | $44.72M | $74.35M |
Short-Term Investments | $199.7M | $176.1M | $114.1M |
Other Short-Term Assets | $851.0K | $8.200M | $3.500M |
YoY Change | 336.41% | 134.29% | 29.63% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.432M | $525.0K | $900.0K |
Other Receivables | $700.0K | $0.00 | $0.00 |
Total Short-Term Assets | $228.8M | $229.5M | $192.9M |
YoY Change | -3.63% | 18.98% | 61.02% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.045M | $2.439M | $1.100M |
YoY Change | 132.44% | 121.73% | 266.67% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $124.0M | $159.5M | |
YoY Change | 133.96% | ||
Other Assets | $70.00K | $75.00K | $0.00 |
YoY Change | -49.28% | ||
Total Long-Term Assets | $127.2M | $162.0M | $1.100M |
YoY Change | 133.65% | 14627.27% | 175.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $228.8M | $229.5M | $192.9M |
Total Long-Term Assets | $127.2M | $162.0M | $1.100M |
Total Assets | $356.0M | $391.5M | $194.0M |
YoY Change | 21.97% | 101.81% | 61.4% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $10.46M | $12.92M | $5.800M |
YoY Change | 76.12% | 122.74% | 222.22% |
Accrued Expenses | $9.721M | $7.782M | $5.300M |
YoY Change | 42.27% | 46.83% | 231.25% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $400.0K | $5.300M |
YoY Change | -100.0% | -92.45% | -5.36% |
Total Short-Term Liabilities | $20.18M | $21.08M | $16.50M |
YoY Change | 18.23% | 27.73% | 83.33% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $400.0K |
YoY Change | -100.0% | -92.98% | |
Other Long-Term Liabilities | $354.0K | $221.0K | $500.0K |
YoY Change | 102.29% | -55.8% | 66.67% |
Total Long-Term Liabilities | $354.0K | $221.0K | $900.0K |
YoY Change | 102.29% | -75.44% | -85.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $20.18M | $21.08M | $16.50M |
Total Long-Term Liabilities | $354.0K | $221.0K | $900.0K |
Total Liabilities | $20.53M | $21.30M | $17.40M |
YoY Change | 19.09% | 22.4% | 16.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$339.4M | -$301.6M | |
YoY Change | 52.86% | ||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $335.5M | $370.2M | $176.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $356.0M | $391.5M | $194.0M |
YoY Change | 21.97% | 101.81% | 61.4% |
Cashflow Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$37.84M | -$32.45M | -$16.95M |
YoY Change | 86.9% | 91.43% | 152.77% |
Depreciation, Depletion And Amortization | $220.0K | $180.0K | $80.00K |
YoY Change | 120.0% | 125.0% | 33.33% |
Cash From Operating Activities | -$32.92M | -$24.93M | -$11.45M |
YoY Change | 95.02% | 117.73% | 122.76% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$820.0K | -$620.0K | -$470.0K |
YoY Change | 156.25% | 31.91% | 683.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $10.14M | -$57.49M | -$33.47M |
YoY Change | -123.15% | 71.77% | -610.99% |
Cash From Investing Activities | $9.310M | -$58.11M | -$33.94M |
YoY Change | -121.1% | 71.21% | -622.96% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -510.0K | -10.00K | 140.0K |
YoY Change | -100.44% | -107.14% | -115.56% |
NET CHANGE | |||
Cash From Operating Activities | -32.92M | -24.93M | -11.45M |
Cash From Investing Activities | 9.310M | -58.11M | -33.94M |
Cash From Financing Activities | -510.0K | -10.00K | 140.0K |
Net Change In Cash | -24.12M | -83.05M | -45.25M |
YoY Change | -144.58% | 83.54% | -10155.56% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$32.92M | -$24.93M | -$11.45M |
Capital Expenditures | -$820.0K | -$620.0K | -$470.0K |
Free Cash Flow | -$32.10M | -$24.31M | -$10.98M |
YoY Change | 93.84% | 121.4% | 116.14% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | cmrx |
Accrued Development Liabilities
AccruedDevelopmentLiabilities
|
1116000 | USD |
CY2015Q3 | cmrx |
Accrued Development Liabilities
AccruedDevelopmentLiabilities
|
2604000 | USD |
CY2015Q3 | cmrx |
Availablefor Sale Securities Debt Maturities Year Onethrough Two Fair Value
AvailableforSaleSecuritiesDebtMaturitiesYearOnethroughTwoFairValue
|
159486000 | USD |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
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Document Fiscal Period Focus
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|
Q3 | ||
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Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
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Document Period End Date
DocumentPeriodEndDate
|
2015-09-30 | ||
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Document Type
DocumentType
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10-Q | ||
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Accelerated Filer | ||
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Entity Registrant Name
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CHIMERIX INC | ||
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Accounts Receivable Net Current
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106000 | USD |
CY2015Q3 | us-gaap |
Accounts Receivable Net Current
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Accretion Amortization Of Discounts And Premiums Investments
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498000 | USD | |
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552000 | USD | |
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Interest Paid Net
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156000 | USD | |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Allocated Share Based Compensation Expense
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1362000 | USD |
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Amortization Of Deferred Leasing Fees
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|
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|
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-1.26 | ||
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|
-1.84 | ||
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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
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|
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7931000 | USD | |
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Increase Decrease In Accounts Receivable
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|
654000 | USD | |
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419000 | USD | |
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
780000 | USD | |
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
5354000 | USD | |
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Interest Income Expense Net
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|
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Liabilities
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391508000 | USD |
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Liabilities Current
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|
-1448000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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|
321000 | USD | |
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Licenses Revenue
LicensesRevenue
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|
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|
1548000 | USD | |
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LineOfCreditFacilityMaximumBorrowingCapacity
|
15000000 | USD |
CY2014Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
4296000 | USD |
CY2015Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
375000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
110150000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
161858000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-115572000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-178809000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30204000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-66791000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16951000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-39065000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32449000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-79529000 | USD | |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
18045000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
41524000 | USD | |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
35019000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
87679000 | USD | |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16860000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-38640000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-32748000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-80027000 | USD | |
CY2014Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
100000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
400000 | USD | |
CY2015Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
200000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
500000 | USD | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1115000 | USD |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2098000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
138000 | USD |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
75000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-43000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-63000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-16994000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-39128000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-33897000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-79208000 | USD | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-222042000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
175000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
221000 | USD |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD | |
CY2015Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
212766000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
703000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
138058000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
56294000 | USD | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2015Q3 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2775000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
8183000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
111845000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
161880000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
426000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
1054000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
20690000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
90822000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-68000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
2499000 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
1003000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2148000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1967000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
6000 | USD | |
CY2015Q3 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1000000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1310000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2439000 | USD |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
4275000 | USD | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
3975000 | USD | |
CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13328000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
29712000 | USD | |
CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
26406000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
65611000 | USD | |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-301571000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
11812000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8613000 | USD |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
1185000 | USD |
us-gaap |
Revenues
Revenues
|
2884000 | USD | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
2271000 | USD |
us-gaap |
Revenues
Revenues
|
7652000 | USD | |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4717000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
22068000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2777000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8882000 | USD | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
274636000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
370211000 | USD |
CY2015Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35845792 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
30939752 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46059112 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
43112314 | shares |