2015 Q4 Form 10-Q Financial Statement
#000119312515371270 Filed on November 09, 2015
Income Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
Revenue | $2.092M | $2.045M | $1.765M |
YoY Change | 4.98% | 15.87% | -75.5% |
Cost Of Revenue | $100.0K | $120.0K | $90.00K |
YoY Change | 11.11% | 33.33% | 80.0% |
Gross Profit | $1.990M | $1.930M | $1.680M |
YoY Change | 4.74% | 14.88% | -76.5% |
Gross Profit Margin | 95.12% | 94.38% | 95.19% |
Selling, General & Admin | $2.940M | $2.770M | $2.720M |
YoY Change | -3.92% | 1.84% | -4.56% |
% of Gross Profit | 147.74% | 143.52% | 161.9% |
Research & Development | $12.29M | $4.001M | $3.705M |
YoY Change | 236.71% | 7.98% | -11.16% |
% of Gross Profit | 617.59% | 207.31% | 220.56% |
Depreciation & Amortization | $40.00K | $40.00K | $40.00K |
YoY Change | -20.0% | 0.0% | 33.33% |
% of Gross Profit | 2.01% | 2.07% | 2.38% |
Operating Expenses | $15.24M | $4.001M | $3.705M |
YoY Change | 127.12% | 7.98% | -11.16% |
Operating Profit | -$13.25M | -$4.844M | -$4.753M |
YoY Change | 175.32% | 1.91% | -3745.86% |
Interest Expense | -$760.0K | $827.0K | $933.9K |
YoY Change | -13.64% | -11.45% | -3.18% |
% of Operating Profit | |||
Other Income/Expense, Net | $550.0K | -$699.0K | -$827.1K |
YoY Change | -15.49% | -58.61% | |
Pretax Income | -$13.46M | -$5.540M | -$5.580M |
YoY Change | 136.56% | -0.72% | 198.4% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$13.46M | -$5.543M | -$5.580M |
YoY Change | 136.62% | -0.67% | 198.75% |
Net Earnings / Revenue | -643.45% | -271.05% | -316.18% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$523.5K | -$215.7K | -$324.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 128.4M shares | 129.6M shares | 86.00M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $82.20M | $93.50M | $54.60M |
YoY Change | 65.06% | 71.25% | -13.61% |
Cash & Equivalents | $33.09M | $28.66M | $7.933M |
Short-Term Investments | $49.10M | $64.80M | $46.70M |
Other Short-Term Assets | $1.200M | $800.0K | $700.0K |
YoY Change | 140.0% | 14.29% | 40.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.106M | $2.318M | $1.839M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $85.50M | $96.61M | $57.11M |
YoY Change | 63.75% | 69.17% | -12.0% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $278.0K | $315.5K | $407.4K |
YoY Change | -31.82% | -22.56% | -12.86% |
Goodwill | $8.982M | $8.982M | $8.982M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $0.00 | $1.500M |
YoY Change | -100.0% | -100.0% | -61.54% |
Other Assets | $51.00K | $56.03K | $77.56K |
YoY Change | -24.49% | -27.76% | -33.66% |
Total Long-Term Assets | $9.464M | $9.506M | $11.10M |
YoY Change | -8.99% | -14.37% | -18.7% |
TOTAL ASSETS | |||
Total Short-Term Assets | $85.50M | $96.61M | $57.11M |
Total Long-Term Assets | $9.464M | $9.506M | $11.10M |
Total Assets | $94.97M | $106.1M | $68.21M |
YoY Change | 51.67% | 55.57% | -13.16% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.217M | $2.569M | $2.371M |
YoY Change | 79.51% | 8.34% | 3.52% |
Accrued Expenses | $1.934M | $1.874M | $1.942M |
YoY Change | -3.67% | -3.5% | -1.77% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $4.607M | $4.860M | $5.522M |
YoY Change | -19.32% | -11.97% | 280.81% |
Total Short-Term Liabilities | $10.76M | $9.303M | $9.835M |
YoY Change | 6.87% | -5.4% | 72.01% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $19.56M | $20.67M | $23.54M |
YoY Change | -13.42% | -12.2% | -19.19% |
Other Long-Term Liabilities | $139.0K | $148.7K | $187.4K |
YoY Change | -20.12% | -20.64% | -5.3% |
Total Long-Term Liabilities | $19.70M | $20.82M | $23.73M |
YoY Change | -13.47% | -12.27% | -19.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.76M | $9.303M | $9.835M |
Total Long-Term Liabilities | $19.70M | $20.82M | $23.73M |
Total Liabilities | $30.46M | $30.12M | $33.56M |
YoY Change | -7.23% | -10.26% | -9.23% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$838.5M | -$825.1M | -$773.9M |
YoY Change | 7.57% | 6.62% | 2.28% |
Common Stock | $904.5M | $902.5M | $872.3K |
YoY Change | 11.55% | 103369.27% | 2.2% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $1.524M | $1.524M | $1.524M |
YoY Change | 0.0% | 0.0% | 0.0% |
Treasury Stock Shares | 1.223M shares | 1.223M shares | 1.223M shares |
Shareholders Equity | $64.51M | $75.99M | $34.65M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $94.97M | $106.1M | $68.21M |
YoY Change | 51.67% | 55.57% | -13.16% |
Cashflow Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$13.46M | -$5.543M | -$5.580M |
YoY Change | 136.62% | -0.67% | 198.75% |
Depreciation, Depletion And Amortization | $40.00K | $40.00K | $40.00K |
YoY Change | -20.0% | 0.0% | 33.33% |
Cash From Operating Activities | -$10.86M | -$4.480M | -$2.080M |
YoY Change | 131.56% | 115.38% | -870.37% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$40.00K | -$10.00K |
YoY Change | -100.0% | 300.0% | -90.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $15.66M | $2.800M | $690.0K |
YoY Change | 196.59% | 305.8% | -111.58% |
Cash From Investing Activities | $15.66M | $2.760M | $680.0K |
YoY Change | 198.29% | 305.88% | -111.22% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -370.0K | -1.110M | -820.0K |
YoY Change | -50.0% | 35.37% | -108.35% |
NET CHANGE | |||
Cash From Operating Activities | -10.86M | -4.480M | -2.080M |
Cash From Investing Activities | 15.66M | 2.760M | 680.0K |
Cash From Financing Activities | -370.0K | -1.110M | -820.0K |
Net Change In Cash | 4.430M | -2.830M | -2.220M |
YoY Change | -2561.11% | 27.48% | -155.09% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$10.86M | -$4.480M | -$2.080M |
Capital Expenditures | $0.00 | -$40.00K | -$10.00K |
Free Cash Flow | -$10.86M | -$4.440M | -$2.070M |
YoY Change | 132.55% | 114.49% | -659.46% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
128394655 | shares |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7933470 | |
CY2015Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1222846 | shares |
CY2015Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
225000000 | shares |
CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
128394655 | shares |
CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
129617501 | shares |
CY2015Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
901242489 | |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
186670 | |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
75992814 | |
CY2015Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
20668112 | |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
148745 | |
CY2015Q3 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
3223151 | |
CY2015Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
189875 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
50805 | |
CY2015Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4860418 | |
CY2015Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2568945 | |
CY2015Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1213549 | |
CY2015Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1873842 | |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-825075335 | |
CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
30120062 | |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
106112876 | |
CY2015Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1296175 | |
CY2015Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2015Q3 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9303205 | |
CY2015Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
53514 | |
CY2015Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
283748 | |
CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
2349000 | |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
56025 | |
CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
6540000 | |
CY2015Q3 | us-gaap |
Assets
Assets
|
106112876 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1174 | |
CY2015Q3 | us-gaap |
Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
|
152610 | |
CY2015Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2318202 | |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
315470 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
64811477 | |
CY2015Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1524029 | |
CY2015Q3 | us-gaap |
Assets Current
AssetsCurrent
|
96606771 | |
CY2015Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
64811477 | |
CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
8982000 | |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
818176 | |
CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28658916 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2600000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
64761846 | |
CY2015Q3 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
CY2010Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1612322 | shares |
CY2010Q1 | cris |
Direct Offering Purchase Price
DirectOfferingPurchasePrice
|
2.52 | |
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 |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9591487 | |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1222846 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
225000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
86030811 | shares |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
87253657 | shares |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
810001410 | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
212548 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29783626 | |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
22589058 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
174018 | |
CY2014Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
122850 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
4883 | |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5709985 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2349183 | |
CY2014Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1386226 | |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2007699 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-779555295 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
32829943 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
62613569 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
872537 | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
10066867 | |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-10997 | |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
286075 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
67544 | |
CY2014Q4 | us-gaap |
Restricted Investments Current
RestrictedInvestmentsCurrent
|
13877 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
62613569 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
15880 | |
CY2014Q4 | us-gaap |
Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
|
152610 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1960995 | |
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 |
Treasury Stock Value
TreasuryStockValue
|
1524029 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
52214909 | |
CY2014Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
42002782 | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
8982000 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
489844 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7747411 | |
CY2014Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
788768 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
42802547 | |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
CY2014Q4 | cris |
Stock Issued During Period Due To Exercise Of Warrants
StockIssuedDuringPeriodDueToExerciseOfWarrants
|
238805 | shares |
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 |
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 Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
400000 | shares |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.15 | ||
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
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 Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.70 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
640000 | shares |
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 | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
25090908 | shares |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
64619407 | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-12120518 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12737636 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.71 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.79 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.022 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0185 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.70 | pure | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
85962415 | shares | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
65764 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
38284246 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13039864 | ||
us-gaap |
Revenues
Revenues
|
7850782 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
813810 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
168343 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
2213000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11051161 | ||
us-gaap |
Licenses Revenue
LicensesRevenue
|
3000000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1988703 | ||
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
713968 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-108511 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
362131 | ||
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1750 | ||
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
4895454 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-13877 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-13029416 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
129120 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2245565 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-716786 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
256843 | ||
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
10180271 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1658017 | ||
us-gaap |
Interest Expense
InterestExpense
|
2834609 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
11019468 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
18901943 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-556967 | ||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1750 | ||
us-gaap |
Royalty Expense
RoyaltyExpense
|
246280 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
345474 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
274661 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8475392 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
68716 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
105000 | ||
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
919346 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
114058 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
49353851 | ||
cris |
Adjustments To Additional Paid In Capital Share Based Compensation Mark To Market On Stock Options To Non Employees
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationMarkToMarketOnStockOptionsToNonEmployees
|
-91973 | ||
cris |
Research And Development Revenue Net
ResearchAndDevelopmentRevenueNet
|
-44672 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; BORDER-COLLAPSE: collapse; TEXT-TRANSFORM: none; WORD-SPACING: 0px; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td valign="top" width="4%" align="left"><b>1.</b></td> <td valign="top" align="left"><b><u>Nature of Business</u></b></td> </tr> </table> <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: 62px; 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 condensed 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: 62px; 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 most advanced drug candidate is CUDC-907, an orally-available, small molecule inhibitor of histone deacetylase, or HDAC, and phosphatidylinositol-3-kinase, or PI3K enzymes, that is being investigated in clinical studies in patients with lymphomas and solid tumors.</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: 62px; 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 is comprised of multiple programs, in which Curis has the option to exclusively license compounds once a development candidate is nominated within each respective program. In October 2015, the Company exercised options to license the first two programs under this collaboration. The first licensed program is focused on the development of orally-available small molecule antagonists of programmed death -1 (PD-1) and V-domain Ig suppressor of T cell activation (VISTA) in the immuno-oncology field. The Company has named CA-170, a PD-L1/VISTA antagonist, as the development candidate from this program. The second licensed program is focused on orally-available small molecule inhibitors of Interleukin-1 <font style="WHITE-SPACE: nowrap">receptor-associated</font> kinase 4 (IRAK4) in the precision oncology field. In addition, in October 2015 the Company selected a second preclinical program within the immuno-oncology part of the collaboration, the third overall collaboration program, that is focused on evaluating small molecule antagonists with dual PD-1 and T-cell immunoglobulin and mucin domain containing protein-3 (TIM-3) targeting properties.</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: 62px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company is also party to a collaboration with F. Hoffmann-La Roche Ltd, or Roche, and Genentech Inc., or Genentech, a member of the Roche Group, under which Roche and Genentech are commercializing Erivedge® (vismodegib), a first-in-class orally-administered small molecule Hedgehog signaling pathway inhibitor, in advanced basal cell carcinoma, or BCC. Roche and Genentech are continuing to develop Erivedge in less severe forms of BCC and have communicated plans to develop Erivedge in other non-oncology indications.</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: 62px; WIDOWS: 1; MARGIN-TOP: 6pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> The Company’s proprietary pipeline also includes CUDC-427, an orally-available, small molecule antagonist of inhibitor of apoptosis, or IAP proteins, and CUDC-305, a Heat Shock Protein 90, or HSP90, inhibitor. The Company currently intends to utilize its available resources for the continued development of CUDC-907 and drug candidates it licenses under the collaboration with Aurigene. As such, the Company is seeking to collaborate with third parties for the further development of CUDC-427 and CUDC-305.</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: 62px; 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: 62px; 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 ability to advance and expand its research and development programs; 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 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: 62px; 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 progress of drug candidates currently in its development pipeline and the magnitude of payments that it receives and makes under its current and potential future corporate collaborations. The results of the Company’s operations may vary significantly from year to year and quarter to quarter and depend on a number of factors, including, but not limited to: the timing, outcome and cost of the Company’s preclinical studies and clinical trials for its drug candidates; 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; 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: 62px; 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 September 30, 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, its ability to control expenses and its ability to raise additional funds through equity or debt financings, the success of its collaboration with Genentech, including its receipt of additional contingent cash payments under this collaboration, 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> | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-19027935 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.37 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13678899 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001108205 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.70 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.94 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
0 | shares | |
dei |
Entity Registrant Name
EntityRegistrantName
|
CURIS INC | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0150 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.71 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-09-30 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.019 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.68 | pure | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
121634415 | shares | |
dei |
Trading Symbol
TradingSymbol
|
CRIS | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | Segment | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
47985 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
95595171 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-45520040 | ||
us-gaap |
Revenues
Revenues
|
5785803 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2793096 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
338526 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
2124000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-43234708 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-2285332 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-118674 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
357207 | ||
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
16545 | ||
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
5997514 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-13877 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-45455529 | ||
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
154110 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
251692 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2874585 | ||
CY2014Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.75 | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
202542 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
348332 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9711470 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
44296 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
81000 | ||
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
26492105 | ||
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
14658017 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
20911505 | ||
us-gaap |
Interest Expense
InterestExpense
|
2537024 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-22089413 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
49020511 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
62028853 | ||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
18785 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
64619407 | ||
us-gaap |
Royalty Expense
RoyaltyExpense
|
303209 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
75589 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
123056 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
73521081 | ||
us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
24347815 | ||
cris |
Class Of Warrant Expired
ClassOfWarrantExpired
|
1373517 | shares | |
cris |
Royalties Terms Of Collaboration Agreement
RoyaltiesTermsOfCollaborationAgreement
|
The term of the collaboration agreement began 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. | ||
cris |
Share Based Compensation Plans
ShareBasedCompensationPlans
|
2 | Plans | |
cris |
Issuance Of Common Stock To Licensees
IssuanceOfCommonStockToLicensees
|
23968183 | ||
cris |
Compensation Expenses Related To Agreement
CompensationExpensesRelatedToAgreement
|
750000 | ||
cris |
Class Of Warrant Or Right Expiration Date
ClassOfWarrantOrRightExpirationDate
|
2015-01-27 | ||
cris |
Research And Development Revenue Net
ResearchAndDevelopmentRevenueNet
|
-211711 | ||
cris |
Estimated Loan Repayment Period
EstimatedLoanRepaymentPeriod
|
2019 | ||
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.09 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
640000 | shares |
CY2015Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
30000000 | |
CY2015Q1 | cris |
Percentage Of Royalty On Net Sales
PercentageOfRoyaltyOnNetSales
|
0.03 | pure |
CY2015Q1 | cris |
Non Royalty Consideration Percentage
NonRoyaltyConsiderationPercentage
|
0.20 | pure |
CY2015Q1 | cris |
Percentage Of Royalty To Be Received
PercentageOfRoyaltyToBeReceived
|
0.10 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
400000 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
1040000 | shares |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12737636 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
86004857 | shares |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5580143 | |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
1764864 | |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4753031 | |
CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-827112 | |
CY2014Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
1783271 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5584080 | |
CY2014Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
38881 | |
CY2014Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
818300 | |
CY2014Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-67910 | |
CY2014Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
3705365 | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
933903 | |
CY2014Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
6517895 | |
CY2014Q3 | us-gaap |
Royalty Expense
RoyaltyExpense
|
89295 | |
CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
118284 | |
CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2723235 | |
CY2014Q3 | cris |
Adjustments To Additional Paid In Capital Share Based Compensation Mark To Market On Stock Options To Non Employees
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationMarkToMarketOnStockOptionsToNonEmployees
|
-37211 | |
CY2014Q3 | cris |
Research And Development Revenue Net
ResearchAndDevelopmentRevenueNet
|
-18407 | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.04 | |
CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13678899 | shares |
CY2015Q3 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
0 | shares |
CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
128392413 | shares |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5543124 | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
2044967 | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4843743 | |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-699381 | |
CY2015Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
2292608 | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5488033 | |
CY2015Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
127329 | |
CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
900883 | |
CY2015Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | |
CY2015Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
4001069 | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
826710 | |
CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
6888710 | |
CY2015Q3 | us-gaap |
Royalty Expense
RoyaltyExpense
|
116145 | |
CY2015Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
106677 | |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2771496 | |
CY2015Q3 | cris |
Adjustments To Additional Paid In Capital Share Based Compensation Mark To Market On Stock Options To Non Employees
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationMarkToMarketOnStockOptionsToNonEmployees
|
-93519 | |
CY2015Q3 | cris |
Research And Development Revenue Net
ResearchAndDevelopmentRevenueNet
|
-247641 |