2016 Q2 Form 10-Q Financial Statement
#000082787116000074 Filed on August 09, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
Revenue | $40.92M | $6.002M |
YoY Change | 581.74% | 3.63% |
Cost Of Revenue | $11.47M | $3.348M |
YoY Change | 242.68% | 115.17% |
Gross Profit | $29.45M | $2.654M |
YoY Change | 1009.46% | -37.35% |
Gross Profit Margin | 71.96% | 44.22% |
Selling, General & Admin | $11.99M | $5.111M |
YoY Change | 134.59% | 91.21% |
% of Gross Profit | 40.72% | 192.58% |
Research & Development | $3.799M | $5.878M |
YoY Change | -35.37% | 29.33% |
% of Gross Profit | 12.9% | 221.48% |
Depreciation & Amortization | $320.0K | $10.00K |
YoY Change | 3100.0% | -50.0% |
% of Gross Profit | 1.09% | 0.38% |
Operating Expenses | $27.26M | $14.34M |
YoY Change | 90.15% | 63.4% |
Operating Profit | $13.66M | -$8.335M |
YoY Change | -263.84% | 179.51% |
Interest Expense | $3.000K | $3.000K |
YoY Change | 0.0% | -40.0% |
% of Operating Profit | 0.02% | |
Other Income/Expense, Net | $27.00K | $5.000K |
YoY Change | 440.0% | -89.58% |
Pretax Income | $13.68M | -$8.330M |
YoY Change | -264.26% | 183.91% |
Income Tax | $584.0K | -$153.0K |
% Of Pretax Income | 4.27% | |
Net Earnings | $13.10M | -$8.177M |
YoY Change | -260.19% | 178.7% |
Net Earnings / Revenue | 32.01% | -136.24% |
Basic Earnings Per Share | $0.84 | -$0.53 |
Diluted Earnings Per Share | $0.80 | -$0.53 |
COMMON SHARES | ||
Basic Shares Outstanding | 15.64M shares | 15.55M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $75.60M | $103.7M |
YoY Change | -27.1% | 108.23% |
Cash & Equivalents | $75.56M | $13.69M |
Short-Term Investments | $90.00M | |
Other Short-Term Assets | $328.0K | $198.0K |
YoY Change | 65.66% | -51.56% |
Inventory | $6.363M | $2.325M |
Prepaid Expenses | ||
Receivables | $52.03M | $12.98M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $135.5M | $120.6M |
YoY Change | 12.4% | 108.73% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.813M | $374.0K |
YoY Change | 652.14% | 4.03% |
Goodwill | ||
YoY Change | ||
Intangibles | $10.96M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $94.00K | $104.0K |
YoY Change | -9.62% | 131.11% |
Total Long-Term Assets | $13.87M | $478.0K |
YoY Change | 2801.05% | 18.17% |
TOTAL ASSETS | ||
Total Short-Term Assets | $135.5M | $120.6M |
Total Long-Term Assets | $13.87M | $478.0K |
Total Assets | $149.4M | $121.0M |
YoY Change | 23.41% | 108.1% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $11.43M | $4.783M |
YoY Change | 138.99% | 89.76% |
Accrued Expenses | $23.34M | $13.54M |
YoY Change | 72.37% | 81.26% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $35.78M | $24.58M |
YoY Change | 45.56% | 51.28% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $5.800M | |
YoY Change | ||
Total Long-Term Liabilities | $5.800M | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $35.78M | $24.58M |
Total Long-Term Liabilities | $5.800M | $0.00 |
Total Liabilities | $41.50M | $24.60M |
YoY Change | 68.7% | 51.85% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$94.91M | -$98.16M |
YoY Change | -3.31% | 3.25% |
Common Stock | $15.00K | $15.00K |
YoY Change | 0.0% | 6.99% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $107.8M | $96.45M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $149.4M | $121.0M |
YoY Change | 23.41% | 108.1% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $13.10M | -$8.177M |
YoY Change | -260.19% | 178.7% |
Depreciation, Depletion And Amortization | $320.0K | $10.00K |
YoY Change | 3100.0% | -50.0% |
Cash From Operating Activities | -$2.630M | -$12.12M |
YoY Change | -78.3% | 160.09% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$100.0K | -$290.0K |
YoY Change | -65.52% | 2800.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$74.00M |
YoY Change | -100.0% | |
Cash From Investing Activities | -$100.0K | -$74.29M |
YoY Change | -99.87% | 742800.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 0.000 | 170.0K |
YoY Change | -100.0% | -140.48% |
NET CHANGE | ||
Cash From Operating Activities | -2.630M | -12.12M |
Cash From Investing Activities | -100.0K | -74.29M |
Cash From Financing Activities | 0.000 | 170.0K |
Net Change In Cash | -2.730M | -86.24M |
YoY Change | -96.83% | 1594.3% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.630M | -$12.12M |
Capital Expenditures | -$100.0K | -$290.0K |
Free Cash Flow | -$2.530M | -$11.83M |
YoY Change | -78.61% | 154.41% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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EAGLE PHARMACEUTICALS, INC. | ||
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Accrued Stock Issuance Costs
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Income Taxes Paid Franchise Taxes Paid
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Finite Lived Intangible Assets Net
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Gain Loss On Disposition Of Assets1
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Gain Loss On Sale Of Property Plant Equipment
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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246000 | USD | |
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603000 | USD | |
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Income Taxes Paid
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1026000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
25760000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
1373000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-1069000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-260000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-6000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1083000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8679000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
59000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-49000 | USD | |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
975899 | shares | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
829633 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
890209 | shares | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
0 | USD |
CY2016Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
10960000 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
3000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
4000 | USD | |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
3000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
4000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
4000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
1000 | USD | |
CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
311000 | USD |
CY2016Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
845000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
15042000 | USD |
CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
|
6363000 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
8687000 | USD |
CY2016Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
5518000 | USD |
CY2015Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
6044000 | USD |
CY2016Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
0 | USD |
CY2016Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1700000 | USD |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
1700000 | USD | |
CY2015Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
8000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
15000 | USD | |
CY2016Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
30000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
51000 | USD | |
CY2015Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
95000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
163000 | USD | |
CY2016Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
156000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
318000 | USD | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
124605000 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
149366000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
34262000 | USD |
CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
35779000 | USD |
CY2016Q1 | us-gaap |
Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
|
2 | patent |
CY2015Q2 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
1612000 | USD |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
2571000 | USD | |
CY2016Q2 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
3318000 | USD |
us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
5721000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
55427000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-90326000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4004000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
13716000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
484000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8177000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
11520000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13099000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
12202000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8177000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11520000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13099000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
12202000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-8177000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
11520000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
13099000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
12202000 | USD | |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000 | USD | |
CY2016Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
27000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
47000 | USD | |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
14337000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
30556000 | USD | |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
27262000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
57750000 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8335000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
11755000 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
13656000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
12758000 | USD | |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
2255000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
281000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
564000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
564000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
564000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
0 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
282000 | USD |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
0 | USD |
CY2016Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
286000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
220000 | USD |
CY2016Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
328000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
143000 | USD |
CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
94000 | USD |
CY2015Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
0 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
30000000 | USD | |
CY2016Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
0 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
6000000 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
4850000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
327000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
904000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
89999000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
62000000 | USD | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1500000 | shares |
CY2016Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1500000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1865000 | USD |
CY2016Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1546000 | USD |
CY2015Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
218000 | USD |
CY2016Q2 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
454000 | USD |
CY2015Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
508000 | USD |
CY2016Q2 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
126000 | USD |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
6500000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
54331000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
0 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
62000000 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
1750000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1096000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2205000 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2813000 | USD |
CY2016Q2 | us-gaap |
Purchase Obligation
PurchaseObligation
|
16128000 | USD |
CY2016Q2 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
16128000 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5878000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12163000 | USD | |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3729000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10405000 | USD | |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-107112000 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-94910000 | USD |
CY2015Q2 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
2272000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
5525000 | USD | |
CY2016Q2 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
31311000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
40779000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
3730000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
6786000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
9607000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
23729000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6002000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
42311000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
40918000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
70508000 | USD | |
CY2015Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5111000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9097000 | USD | |
CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
12060000 | USD |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
23033000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1593000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5289000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P4Y | ||
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3011 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3033 | ||
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3156 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3131 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0209 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0209 | ||
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0153 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0190 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0142 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0142 | ||
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0129 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0129 | ||
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
90343000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
107834000 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
15546796 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
15876397 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
16466020 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
16526596 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15546796 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14900498 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15636387 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15636387 | shares | |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Interim Condensed Financial Statements</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited interim condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for reporting on Form 10-Q. Accordingly, certain information and footnote disclosures required for complete financial statements are not included herein. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of the financial information for the interim periods reported have been made. Results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three and six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results for the year ending December 31, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">2016</font><font style="font-family:inherit;font-size:10pt;"> or any period thereafter. These unaudited interim condensed financial statements should be read in conjunction with the audited financial statements and related notes included in our annual report on Form 10-K for the fiscal year ended December 31, 2015, filed with the SEC on February 29, 2016.</font></div></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to prior year amounts to conform with the current year presentation.</font></div></div> | ||
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Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These financial statements are presented in U.S. dollars and are prepared in accordance with U.S. GAAP. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed financial statements including disclosure of contingent assets and contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period and accompanying notes. The Company's critical accounting policies are those that are both most important to the Company's financial condition and results of operations and require the most difficult, subjective or complex judgments on the part of management in their application, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Because of the uncertainty of factors surrounding the estimates or judgments used in the preparation of the financial statements, actual results may materially vary from these estimates.</font></div></div> |