2017 Q2 Form 10-Q Financial Statement
#000111748017000017 Filed on May 09, 2017
Income Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
Revenue | $675.0K | $1.078M | $1.228M |
YoY Change | -63.34% | -12.21% | -0.81% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $6.280M | $6.600M | $6.920M |
YoY Change | -4.99% | -4.62% | 13.02% |
% of Gross Profit | |||
Research & Development | $11.64M | $12.74M | $20.94M |
YoY Change | -15.43% | -39.14% | 20.02% |
% of Gross Profit | |||
Depreciation & Amortization | $280.0K | $281.0K | $267.0K |
YoY Change | 7.69% | 5.24% | 134.21% |
% of Gross Profit | |||
Operating Expenses | $17.92M | $19.34M | $27.86M |
YoY Change | -12.01% | -30.59% | 18.22% |
Operating Profit | -$17.25M | -$18.26M | -$26.63M |
YoY Change | -6.91% | -31.44% | 19.27% |
Interest Expense | $570.0K | $510.0K | $370.0K |
YoY Change | 50.0% | 37.84% | 516.67% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$16.68M | -$17.75M | -$26.26M |
YoY Change | -8.1% | -32.41% | 17.92% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$16.68M | -$17.75M | -$26.26M |
YoY Change | -8.09% | -32.39% | 17.94% |
Net Earnings / Revenue | -2471.11% | -1646.94% | -2138.44% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$356.0K | -$381.1K | -$568.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 46.65M shares | 46.56M shares | 46.18M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $148.5M | $161.7M | $263.3M |
YoY Change | -45.56% | -38.59% | 50.89% |
Cash & Equivalents | $23.89M | $21.87M | $27.50M |
Short-Term Investments | $124.6M | $139.8M | $235.8M |
Other Short-Term Assets | $3.100M | $2.400M | $4.900M |
YoY Change | -35.42% | -51.02% | 172.22% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | $811.0K | $566.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $151.7M | $164.9M | $268.8M |
YoY Change | -45.42% | -38.66% | 51.64% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.306M | $2.567M | $3.006M |
YoY Change | -23.64% | -14.6% | 126.19% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $103.6M | $104.9M | $52.40M |
YoY Change | 247.65% | 100.19% | -44.96% |
Other Assets | $51.00K | $59.00K | $64.00K |
YoY Change | -45.16% | -7.81% | -78.45% |
Total Long-Term Assets | $106.0M | $107.5M | $55.43M |
YoY Change | 222.04% | 93.95% | -42.77% |
TOTAL ASSETS | |||
Total Short-Term Assets | $151.7M | $164.9M | $268.8M |
Total Long-Term Assets | $106.0M | $107.5M | $55.43M |
Total Assets | $257.7M | $272.4M | $324.2M |
YoY Change | -17.09% | -15.99% | 18.28% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.609M | $2.813M | $3.568M |
YoY Change | -61.84% | -21.16% | -48.44% |
Accrued Expenses | $6.159M | $5.819M | $6.638M |
YoY Change | -2.41% | -12.34% | 0.12% |
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 | $7.768M | $8.632M | $10.21M |
YoY Change | -26.22% | -15.42% | -37.93% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $200.0K | $400.0K | $300.0K |
YoY Change | -33.33% | 33.33% | 86.34% |
Total Long-Term Liabilities | $200.0K | $400.0K | $300.0K |
YoY Change | -33.33% | 33.33% | 86.34% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $7.768M | $8.632M | $10.21M |
Total Long-Term Liabilities | $200.0K | $400.0K | $300.0K |
Total Liabilities | $8.014M | $9.033M | $10.54M |
YoY Change | -26.03% | -14.27% | -36.54% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$450.2M | -$433.6M | -$365.7M |
YoY Change | 17.3% | 18.56% | 49.68% |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $249.7M | $263.4M | $313.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $257.7M | $272.4M | $324.2M |
YoY Change | -17.09% | -15.99% | 18.28% |
Cashflow Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$16.68M | -$17.75M | -$26.26M |
YoY Change | -8.09% | -32.39% | 17.94% |
Depreciation, Depletion And Amortization | $280.0K | $281.0K | $267.0K |
YoY Change | 7.69% | 5.24% | 134.21% |
Cash From Operating Activities | -$13.01M | -$13.62M | -$28.64M |
YoY Change | 3.67% | -52.43% | 52.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.00K | $5.000K | $232.0K |
YoY Change | -96.3% | -97.84% | 74.44% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $14.94M | -$16.36M | $35.60M |
YoY Change | -13.94% | -145.96% | -165.21% |
Cash From Investing Activities | $14.93M | -$16.37M | $35.37M |
YoY Change | -12.64% | -146.28% | -164.63% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 100.0K | $395.0K | $166.0K |
YoY Change | 400.0% | 137.95% | -76.32% |
NET CHANGE | |||
Cash From Operating Activities | -13.01M | -$13.62M | -$28.64M |
Cash From Investing Activities | 14.93M | -$16.37M | $35.37M |
Cash From Financing Activities | 100.0K | $395.0K | $166.0K |
Net Change In Cash | 2.020M | -$29.60M | $6.898M |
YoY Change | -55.7% | -529.07% | -109.47% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.01M | -$13.62M | -$28.64M |
Capital Expenditures | -$10.00K | $5.000K | $232.0K |
Free Cash Flow | -$13.00M | -$13.63M | -$28.87M |
YoY Change | 5.86% | -52.79% | 52.16% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q4 | cmrx |
Accrued Development Liabilities
AccruedDevelopmentLiabilities
|
2257000 | USD |
CY2017Q1 | cmrx |
Accrued Development Liabilities
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|
2658000 | USD |
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Amendment Flag
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|
false | |
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Current Fiscal Year End Date
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|
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Q1 | |
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2017 | |
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Document Period End Date
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2017-03-31 | |
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10-Q | |
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|
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|
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395000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
35367000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16369000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-28635000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13623000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26260000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17754000 | USD |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
27860000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
19338000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-26632000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18260000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
200000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
200000 | USD |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1052000 | USD |
CY2017Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1437000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
55000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
59000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
421000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
331000 | USD |
CY2016Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
CY2017Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
87509000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
232000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2845000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2391000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
33000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
386000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
35599000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
71145000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
133000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2843000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2567000 | USD |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
20936000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12742000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-415804000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-433559000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3915000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4028000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
0 | shares |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
276224000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
263374000 | USD |
CY2017Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46184134 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46573394 | shares |