2015 Q2 Form 10-Q Financial Statement
#000119312515176676 Filed on May 07, 2015
Income Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
Revenue | $2.083M | $1.658M | $1.285M |
YoY Change | -56.62% | 29.06% | 47.42% |
Cost Of Revenue | $100.0K | $24.43M | $70.00K |
YoY Change | 11.11% | 34800.0% | 133.33% |
Gross Profit | $1.980M | -$22.77M | $1.220M |
YoY Change | -57.96% | -1966.39% | 45.24% |
Gross Profit Margin | 95.06% | -1373.34% | 94.97% |
Selling, General & Admin | $3.410M | $3.530M | $2.830M |
YoY Change | 16.38% | 24.73% | 10.12% |
% of Gross Profit | 172.22% | 231.97% | |
Research & Development | $2.000M | $4.719M | $3.146M |
YoY Change | -39.92% | 50.0% | 19.69% |
% of Gross Profit | 101.01% | 257.86% | |
Depreciation & Amortization | $40.00K | $40.00K | $40.00K |
YoY Change | 33.33% | 0.0% | 33.33% |
% of Gross Profit | 2.02% | 3.28% | |
Operating Expenses | $2.000M | $4.719M | $3.146M |
YoY Change | -39.92% | 50.0% | 19.69% |
Operating Profit | -$7.369M | -$31.02M | -$4.753M |
YoY Change | 377.02% | 552.64% | 9.09% |
Interest Expense | $843.0K | $866.9K | $951.0K |
YoY Change | -11.24% | -8.84% | 0.33% |
% of Operating Profit | |||
Other Income/Expense, Net | -$759.0K | -$826.7K | -$810.6K |
YoY Change | 116.24% | 1.98% | 34.0% |
Pretax Income | -$8.130M | -$31.85M | -$5.560M |
YoY Change | 327.89% | 472.84% | 12.1% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$8.129M | -$31.85M | -$5.564M |
YoY Change | 328.79% | 472.4% | 12.12% |
Net Earnings / Revenue | -390.25% | -1920.87% | -433.11% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$316.7K | -$1.475M | -$323.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 128.3M shares | 103.2M shares | 85.95M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $99.20M | $100.0M | $57.80M |
YoY Change | 77.78% | 73.01% | 14.46% |
Cash & Equivalents | $31.49M | $23.47M | $7.908M |
Short-Term Investments | $67.70M | $76.50M | $49.90M |
Other Short-Term Assets | $800.0K | $800.0K | $500.0K |
YoY Change | 100.0% | 60.0% | 25.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.093M | $1.769M | $1.369M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $102.1M | $102.6M | $59.65M |
YoY Change | 67.33% | 71.93% | 15.37% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $323.1K | $364.0K | $408.6K |
YoY Change | -26.46% | -10.92% | 2.16% |
Goodwill | $8.982M | $8.982M | $8.982M |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $7.200M | $6.100M |
YoY Change | -100.0% | 18.03% | 64.86% |
Other Assets | $61.72K | $60.87K | $91.17K |
YoY Change | -21.19% | -33.23% | -69.61% |
Total Long-Term Assets | $9.519M | $16.76M | $15.72M |
YoY Change | -26.26% | 6.62% | 17.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $102.1M | $102.6M | $59.65M |
Total Long-Term Assets | $9.519M | $16.76M | $15.72M |
Total Assets | $111.6M | $119.3M | $75.36M |
YoY Change | 50.98% | 58.31% | 15.77% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.385M | $2.782M | $2.545M |
YoY Change | -16.28% | 9.33% | 15.68% |
Accrued Expenses | $1.818M | $1.365M | $1.246M |
YoY Change | 20.43% | 9.5% | 3.85% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $4.846M | $5.584M | $3.392M |
YoY Change | -11.86% | 64.61% | 1030.81% |
Total Short-Term Liabilities | $9.050M | $9.731M | $7.809M |
YoY Change | -8.82% | 24.62% | 116.91% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $21.79M | $21.80M | $26.82M |
YoY Change | -10.59% | -18.74% | -10.59% |
Other Long-Term Liabilities | $158.5K | $168.3K | $194.7K |
YoY Change | -17.03% | -13.56% | -83.77% |
Total Long-Term Liabilities | $21.95M | $21.96M | $27.02M |
YoY Change | -10.64% | -18.71% | -13.41% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.050M | $9.731M | $7.809M |
Total Long-Term Liabilities | $21.95M | $21.96M | $27.02M |
Total Liabilities | $31.00M | $31.69M | $34.83M |
YoY Change | -10.12% | -8.99% | 0.08% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$819.5M | -$811.4M | -$766.4M |
YoY Change | 6.67% | 5.87% | |
Common Stock | $901.6M | $900.5M | $871.7K |
YoY Change | 103265.65% | 103208.08% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $1.524M | $1.524M | $1.524M |
YoY Change | 0.0% | 0.0% | |
Treasury Stock Shares | 1.223M shares | 1.223M shares | 1.223M shares |
Shareholders Equity | $80.58M | $87.62M | $40.54M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $111.6M | $119.3M | $75.36M |
YoY Change | 50.98% | 58.31% | 15.77% |
Cashflow Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.129M | -$31.85M | -$5.564M |
YoY Change | 328.79% | 472.4% | 12.12% |
Depreciation, Depletion And Amortization | $40.00K | $40.00K | $40.00K |
YoY Change | 33.33% | 0.0% | 33.33% |
Cash From Operating Activities | -$6.790M | -$7.760M | -$5.310M |
YoY Change | 43.55% | 46.14% | 22.63% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $14.96K | |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $15.73M | -$40.57M | $3.440M |
YoY Change | 126.01% | -1279.36% | 164.62% |
Cash From Investing Activities | $15.73M | -$40.58M | $3.440M |
YoY Change | 127.97% | -1279.65% | 173.02% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $64.60M | $180.4K | |
YoY Change | 35703.16% | -39.39% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -920.0K | 64.06M | 180.0K |
YoY Change | -1250.0% | 35488.89% | 350.0% |
NET CHANGE | |||
Cash From Operating Activities | -6.790M | -7.760M | -5.310M |
Cash From Investing Activities | 15.73M | -40.58M | 3.440M |
Cash From Financing Activities | -920.0K | 64.06M | 180.0K |
Net Change In Cash | 8.020M | 15.72M | -1.690M |
YoY Change | 256.44% | -1030.18% | -44.22% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.790M | -$7.760M | -$5.310M |
Capital Expenditures | $0.00 | $14.96K | |
Free Cash Flow | -$6.790M | -$7.775M | -$5.310M |
YoY Change | 45.4% | 46.42% | 21.65% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
128339695 | shares |
CY2015Q1 | cris |
Accrued Public Offering Costs Current
AccruedPublicOfferingCostsCurrent
|
240590 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7907869 | |
CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
129560541 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
128337695 | shares |
CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
225000000 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1222846 | shares |
CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9731127 | |
CY2015Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
295165 | |
CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1295605 | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2402 | |
CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2782399 | |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-811403518 | |
CY2015Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5584136 | |
CY2015Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
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CY2015Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
722090 | |
CY2015Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1364592 | |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
87615860 | |
CY2015Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
168319 | |
CY2015Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
188862 | |
CY2015Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
21795103 | |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
119310409 | |
CY2015Q1 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
CY2015Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
158475 | |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
31694549 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
14305 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23467545 | |
CY2015Q1 | us-gaap |
Goodwill
Goodwill
|
8982000 | |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
364005 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
4881000 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
83685781 | |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
828252 | |
CY2015Q1 | us-gaap |
Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
|
152610 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
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|
15036 | |
CY2015Q1 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
CY2015Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
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CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
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CY2015Q1 | us-gaap |
Long Term Investments
LongTermInvestments
|
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CY2015Q1 | us-gaap |
Assets
Assets
|
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CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
5611000 | |
CY2015Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1769344 | |
CY2015Q1 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
83686512 | |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
60872 | |
CY2015Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1524029 | |
CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
102554004 | |
CY2010Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1612322 | shares |
CY2010Q1 | cris |
Registered Direct Offering Number Of Warrant Per Unit
RegisteredDirectOfferingNumberOfWarrantPerUnit
|
1 | |
CY2010Q1 | cris |
Registered Direct Offering Number Of Common Stock Per Unit
RegisteredDirectOfferingNumberOfCommonStockPerUnit
|
1 | |
CY2010Q1 | cris |
Registered Direct Offering Units
RegisteredDirectOfferingUnits
|
6449288 | shares |
CY2010Q1 | cris |
Direct Offering Purchase Price
DirectOfferingPurchasePrice
|
2.52 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9591487 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
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CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
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CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
286075 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
872537 | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-10997 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2349183 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-779555295 | |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5709985 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
810001410 | |
CY2014Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1386226 | |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2007699 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29783626 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
174018 | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
212548 | |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
22589058 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
62613569 | |
CY2014Q4 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
CY2014Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
122850 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
32829943 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
4883 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7747411 | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
8982000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
407738 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
42791550 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
489844 | |
CY2014Q4 | us-gaap |
Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
|
152610 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
15880 | |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
CY2014Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
42002782 | |
CY2014Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
788768 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
62613569 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1960995 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
42802547 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
67544 | |
CY2014Q4 | us-gaap |
Restricted Investments Current
RestrictedInvestmentsCurrent
|
13877 | |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1524029 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
52214909 | |
CY2014Q4 | cris |
Stock Issued During Period Due To Exercise Of Warrants
StockIssuedDuringPeriodDueToExerciseOfWarrants
|
238805 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
640000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.20 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.019 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.70 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
400000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.34 | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2014Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.021 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.65 | pure |
CY2010Q1 | cris |
Proceeds From Registered Direct Offering Of Common Stock And Warrants Net Of Issuance Costs
ProceedsFromRegisteredDirectOfferingOfCommonStockAndWarrantsNetOfIssuanceCosts
|
14942000 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
25090908 | shares |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
64619407 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
640000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.09 | |
CY2015Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
20000000 | |
CY2015Q1 | cris |
Percentage Of Royalty To Be Received
PercentageOfRoyaltyToBeReceived
|
0.10 | pure |
CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12706573 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.71 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.022 | pure |
CY2015Q1 | cris |
Non Royalty Consideration Percentage
NonRoyaltyConsiderationPercentage
|
0.15 | pure |
CY2015Q1 | cris |
Percentage Of Royalty On Net Sales
PercentageOfRoyaltyOnNetSales
|
0.03 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
400000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.75 | |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
1040000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.97 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-5305886 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
85917592 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.019 | pure |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
910000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-13877 | |
CY2014Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
55672 | |
CY2014Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
46102 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6420 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4753343 | |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5559702 | |
CY2014Q1 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
1288248 | |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-810593 | |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
1284633 | |
CY2014Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
13388600 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5563936 | |
CY2014Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
48760 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-108268 | |
CY2014Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
353619 | |
CY2014Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
48011 | |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
950976 | |
CY2014Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
26213 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1683618 | |
CY2014Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-91623 | |
CY2014Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
37019 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
180431 | |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
180431 | |
CY2014Q1 | us-gaap |
Royalty Expense
RoyaltyExpense
|
65148 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
3441837 | |
CY2014Q1 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
3145930 | |
CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
6037976 | |
CY2014Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
16816560 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2826898 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-159130 | |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
743444 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
88000 | |
CY2014Q1 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
258050 | |
CY2014Q1 | cris |
Research And Development Revenue
ResearchAndDevelopmentRevenue
|
3615 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.68 | pure |
CY2015Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2015Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
CURIS INC | |
CY2015Q1 | dei |
Trading Symbol
TradingSymbol
|
CRIS | |
CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2015Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 18pt; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <b>1. <u>Nature of Business</u></b></p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> Curis, Inc. is a biotechnology company seeking to develop and commercialize innovative drug candidates for the treatment of human cancers. As used throughout these consolidated financial statements, the term “the Company” refers to the business of Curis, Inc. and its wholly owned subsidiaries, except where the context otherwise requires, and the term “Curis” refers to Curis, Inc.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company conducts its research and development programs both internally and through strategic collaborations. The Company’s clinical drug candidates include CUDC-907, a dual histone deacetylase, or HDAC and phosphoinositide-3 kinase, or PI3K, inhibitor, CUDC-427, a small molecule antagonist of the inhibitor of apoptosis, or IAP, proteins, and CUDC-305, a Heat Shock Protein 90, or HSP90, inhibitor. Erivedge<sup style="FONT-SIZE: 11px; VERTICAL-ALIGN: top">®</sup>, the first and only approved medicine for the treatment of advanced basal cell carcinoma, or BCC, is being commercialized by F. Hoffmann-La Roche Ltd., or Roche, and Genentech Inc., or Genentech, a member of the Roche Group, under a collaboration agreement between Curis and Genentech.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> In January 2015, the Company entered into an exclusive collaboration agreement focused on immuno-oncology and selected precision oncology targets with Aurigene Discovery Technologies Limited, or Aurigene (see Note 4(b)). The collaboration provides for inclusion of multiple programs, with Curis having the option to exclusively license compounds once a development candidate is nominated within each respective program. The first two programs under the collaboration are focused on the development of orally-available small molecule antagonists of programmed death ligand-1 (PD-L1) in the immuno-oncology field and orally-available small molecule inhibitors of Interleukin-1 receptor-associated kinase 4 (IRAK4) in the precision oncology field.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company operates in a single reportable segment, which is the research and development of innovative cancer therapeutics. The Company expects that any products that are successfully developed and commercialized would be used in the health care industry and would be regulated in the United States by the Food and Drug Administration, or FDA, and in overseas markets by similar regulatory authorities.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company is subject to risks common to companies in the biotechnology industry as well as risk that are specific to the Company’s business, including, but not limited to: the Company’s reliance on Genentech and Roche to successfully commercialize Erivedge in the approved indication of advanced BCC and to progress its clinical development in indications other than BCC; the Company’s reliance on Aurigene to successfully discover and preclinically develop drug candidates under the parties’ collaboration agreement; the Company’s ability to advance and expand its research and development programs; the Company’s ability to obtain adequate financing to fund its operations; the ability of the Company’s wholly owned subsidiary, Curis Royalty, LLC, or Curis Royalty, to satisfy the terms of its loan agreement with BioPharma Secured Debt Fund II Sub, S.à r.l., a Luxembourg limited liability company managed by Pharmakon Advisors, or BioPharma-II; the Company’s ability to obtain and maintain necessary intellectual property protection; development by the Company’s competitors of new or better technological innovations; dependence on key personnel; the Company’s ability to comply with regulatory requirements; and the Company’s ability to execute on its overall business strategies.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company’s future operating results will largely depend on the magnitude of payments that it receives and makes under its current and potential future corporate collaborations and the progress of drug candidates currently in its development pipeline. The results of the Company’s operations will vary significantly from year to year and quarter to quarter and depend on a number of factors, including, but not limited to: Roche and Genentech’s ability to successfully commercialize Erivedge; positive results in Roche and Genentech’s ongoing clinical trials; Aurigene’s ability to successfully discover and develop preclinical programs under the Company’s collaboration with Aurigene, as well as the Company’s decision to exclusively license and further develop programs under this collaboration; the timing, outcome and cost of the Company’s preclinical studies and clinical trials for its drug candidates; and the Company’s ability to successfully enter into one or more material outlicensing or collaboration agreements for its proprietary drug candidates.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-LEFT: 50px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company anticipates that existing cash, cash equivalents and investments at March 31, 2015 should enable it to maintain current and planned operations into 2017. The Company’s ability to continue funding its planned operations beyond this period is dependent upon, among other things, the success of its collaborations with Genentech and the Leukemia & Lymphoma Society, or LLS, including its receipt of additional contingent cash payments under these collaborations; its ability to control expenses and its ability to raise additional funds through equity or debt financings, new collaborations or other sources of financing. The Company may not be able to successfully raise additional funds or enter into or continue any corporate collaborations and the timing, amount and likelihood of the Company receiving payments under such collaborations is highly uncertain. If the Company is unable to obtain adequate financing, the Company may be required to reduce or delay spending on its research and/or development programs.</p> </div> | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-7759196 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.25 | |
CY2015Q1 | us-gaap |
Revenue Recognition Milestone Method Milestone
RevenueRecognitionMilestoneMethodMilestone
|
The Company has agreed to make each of the following one-time payments to Debiopharm (i) $3,000,000 within 30 days after the first dosing of the first patient in the first Phase 3 clinical trial of Debio 0932; and (ii) $10,000,000 within 30 days after receipt of the first marketing approval for Debio 0932 in the United States of America or any specified major European market (whichever occurs first). | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
0 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
107934493 | shares |
CY2015Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.016 | pure |
CY2015Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2015Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.94 | |
CY2015Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001108205 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.30 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.70 | pure |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.017 | pure |
CY2015Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12650494 | shares |
CY2015Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | Segment |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
896000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-13877 | |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
120158 | |
CY2015Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
306760 | |
CY2015Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1768491 | |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
336364 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-31021549 | |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-31839628 | |
CY2015Q1 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
1671070 | |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-826674 | |
CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-2240 | |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
1658332 | |
CY2015Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
57561876 | |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14957 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31848223 | |
CY2015Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
40271 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-191651 | |
CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
120828 | |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
866945 | |
CY2015Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
18703 | |
CY2015Q1 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
929339 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
15720134 | |
CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
41493 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
64059286 | |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
64859997 | |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
128628 | |
CY2015Q1 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
24347815 | |
CY2015Q1 | us-gaap |
Royalty Expense
RoyaltyExpense
|
84092 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-40579956 | |
CY2015Q1 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
4718972 | |
CY2015Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
32679881 | |
CY2015Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
16983000 | |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3529002 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-441223 | |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
951104 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
60000 | |
CY2015Q1 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
24089027 | |
CY2015Q1 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
-929339 | |
CY2015Q1 | cris |
Obligation Limit
ObligationLimit
|
2.50 | pure |
CY2015Q1 | cris |
Royalties Terms Of Collaboration Agreement
RoyaltiesTermsOfCollaborationAgreement
|
The term of the collaboration agreement begins upon signing and, unless earlier terminated, will expire upon either (i) 90 days after the completion by Aurigene of its obligations under all research plans if the Company has not exercised the option with respect to at least one program by such time; or (ii) expiration of the last-to-expire royalty term for any and all products. | |
CY2015Q1 | cris |
Research And Development Revenue
ResearchAndDevelopmentRevenue
|
12738 | |
CY2015Q1 | cris |
Issuance Of Common Stock To Licensees
IssuanceOfCommonStockToLicensees
|
23968183 | |
CY2015Q1 | cris |
Class Of Warrant Or Right Expiration Date
ClassOfWarrantOrRightExpirationDate
|
2015-01-27 | |
CY2015Q1 | cris |
Class Of Warrant Expired
ClassOfWarrantExpired
|
1373517 | shares |
CY2015Q1 | cris |
Contingent Obligations
ContingentObligations
|
4125000 | |
CY2015Q1 | cris |
Compensation Expenses Related To Agreement
CompensationExpensesRelatedToAgreement
|
750000 | |
CY2015Q1 | cris |
Share Based Compensation Plans
ShareBasedCompensationPlans
|
2 | Plans |
CY2015Q1 | cris |
Equity Issuance Costs Unpaid And Accrued
EquityIssuanceCostsUnpaidAndAccrued
|
240590 |