2013 Q4 Form 10-K Financial Statement

#000114420414015753 Filed on March 14, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $7.426M $34.49M $10.65M
YoY Change -30.25% -19.03% 6.36%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.240M $8.800M $3.230M
YoY Change -61.61% -39.31% -6.92%
% of Gross Profit
Research & Development $190.0K $2.715M $4.330M
YoY Change -95.61% -87.0% -52.83%
% of Gross Profit
Depreciation & Amortization $0.00 $200.0K $800.0K
YoY Change -100.0% -95.35% -38.46%
% of Gross Profit
Operating Expenses $1.430M $16.33M $7.570M
YoY Change -81.11% -64.92% -40.16%
Operating Profit $18.16M
YoY Change -557.87%
Interest Expense $0.00 $2.124M -$1.080M
YoY Change -100.0% -60.15% 6.93%
% of Operating Profit 11.7%
Other Income/Expense, Net $1.553M
YoY Change -876.5%
Pretax Income $5.480M $18.12M -$9.330M
YoY Change -158.74% -361.95% 85.86%
Income Tax $0.00 -$28.00K -$4.170M
% Of Pretax Income 0.0% -0.15%
Net Earnings $5.479M $18.15M -$5.158M
YoY Change -206.22% -752.17% 2.75%
Net Earnings / Revenue 73.78% 52.62% -48.45%
Basic Earnings Per Share $0.12 $0.41 -$0.11
Diluted Earnings Per Share $0.12 $0.38 -$0.11
COMMON SHARES
Basic Shares Outstanding 43.78M shares
Diluted Shares Outstanding 51.05M shares

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.500M $6.500M $196.7M
YoY Change -96.7% -96.7% 21.05%
Cash & Equivalents $6.520M $6.500M $77.35M
Short-Term Investments $0.00 $0.00 $119.4M
Other Short-Term Assets $511.0K $600.0K $1.904M
YoY Change -73.16% -68.42% -29.48%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $7.121M $7.100M $198.6M
YoY Change -96.42% -96.42% 20.17%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00 $1.138M
YoY Change -100.0% -100.0% -93.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $0.00 $0.00 $1.138M
YoY Change -100.0% -100.0% -99.36%
TOTAL ASSETS
Total Short-Term Assets $7.121M $7.100M $198.6M
Total Long-Term Assets $0.00 $0.00 $1.138M
Total Assets $7.121M $7.100M $199.8M
YoY Change -96.44% -96.45% -41.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $93.00K $100.0K $776.0K
YoY Change -88.02% -87.5% -51.5%
Accrued Expenses $1.215M $1.000M $5.688M
YoY Change -78.64% -82.46% -58.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $115.8M
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.308M $1.300M $122.3M
YoY Change -98.93% -98.94% 699.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $600.0K $600.0K $0.00
YoY Change -100.0%
Total Long-Term Liabilities $600.0K $600.0K $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.308M $1.300M $122.3M
Total Long-Term Liabilities $600.0K $600.0K $0.00
Total Liabilities $1.866M $1.900M $122.3M
YoY Change -98.47% -98.45% -16.22%
SHAREHOLDERS EQUITY
Retained Earnings -$129.7M -$147.8M
YoY Change -12.28%
Common Stock $135.0M $225.2M
YoY Change -40.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.255M $5.300M $77.47M
YoY Change
Total Liabilities & Shareholders Equity $7.121M $7.100M $199.8M
YoY Change -96.44% -96.45% -41.79%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $5.479M $18.15M -$5.158M
YoY Change -206.22% -752.17% 2.75%
Depreciation, Depletion And Amortization $0.00 $200.0K $800.0K
YoY Change -100.0% -95.35% -38.46%
Cash From Operating Activities $3.900M $14.00M $6.400M
YoY Change -39.06% 64.71% -260.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $800.0K $121.1M $27.70M
YoY Change -97.11% 24.08% -114.46%
Cash From Investing Activities $800.0K $121.1M $27.70M
YoY Change -97.11% 24.08% -114.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.90M -206.0M -97.70M
YoY Change -79.63% 54.89% 1893.88%
NET CHANGE
Cash From Operating Activities 3.900M 14.00M 6.400M
Cash From Investing Activities 800.0K 121.1M 27.70M
Cash From Financing Activities -19.90M -206.0M -97.70M
Net Change In Cash -15.20M -70.90M -63.60M
YoY Change -76.1% 163.57% -68.28%
FREE CASH FLOW
Cash From Operating Activities $3.900M $14.00M $6.400M
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow $3.900M $14.00M $6.400M
YoY Change -39.06% 65.15% -260.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
87348000 USD
CY2013 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
89808000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
197181000 USD
CY2011 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
420000 USD
CY2012 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
130000 USD
CY2013 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
12000 USD
CY2011 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
120793000 USD
CY2012 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
31744000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. These estimates include the carrying value of property and equipment, valuation of investments, legal and contractual contingencies, research and development expenses, stock-based compensation, and income taxes. Although management bases its estimates on historical experience and various other assumptions that are believed to be reasonable under the circumstances, actual results could differ from these estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2011Q4 enzn Milestone Payment
MilestonePayment
5000000 USD
CY2010Q1 enzn Diposal Of Business Fair Value Amount
DiposalOfBusinessFairValueAmount
40900000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2125000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2051000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.99
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.94
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.03
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.86
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.90
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.90
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.06
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M6D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y10M6D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M20D
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 USD
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.42 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4 pure
CY2013 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt">Concentrations of Risk</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">At December 31, 2013, the Company had invested none of its cash in financial instruments, nor does it anticipate holding such instruments in the future. In prior periods, holdings of financial instruments, were comprised, principally, of money market funds and debt securities.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2012 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
700000 USD
CY2012Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
1442000 USD
CY2013Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
85000 USD
CY2012Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
777000 USD
CY2013Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
332000 USD
CY2012Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
360000 USD
CY2013Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
150000 USD
CY2012Q4 enzn Accrued Insurance And Taxes
AccruedInsuranceAndTaxes
321000 USD
CY2013Q4 enzn Accrued Insurance And Taxes
AccruedInsuranceAndTaxes
7000 USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
386000 USD
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2012Q4 enzn Accrued Clinical Trial Current
AccruedClinicalTrialCurrent
671000 USD
CY2013Q4 enzn Accrued Clinical Trial Current
AccruedClinicalTrialCurrent
0 USD
CY2012Q4 enzn Accrued Ligal Current
AccruedLigalCurrent
409000 USD
CY2013Q4 enzn Accrued Ligal Current
AccruedLigalCurrent
160000 USD
CY2012Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
324000 USD
CY2013Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
239000 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
998000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
242000 USD
CY2013 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
87000 USD
CY2011 enzn Services Agreement Revenue
ServicesAgreementRevenue
100000 USD
CY2012 enzn Services Agreement Revenue
ServicesAgreementRevenue
100000 USD
CY2011 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
600000 USD
CY2011 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.00
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.60
CY2013Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2292000 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
221000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
102000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2125000 shares
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
511000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1904000 USD
CY2013 us-gaap Payments For Restructuring
PaymentsForRestructuring
4648000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
77348000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
199781000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7121000 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
437000 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
441000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
224796000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
134512000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
83000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-147848000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-129698000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
77468000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
5255000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6520000 USD
CY2012Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
119391000 USD
CY2013Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
0 USD
CY2012Q4 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
0 USD
CY2013Q4 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
90000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
198643000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
7121000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1138000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
0 USD
CY2012Q4 us-gaap Assets
Assets
199781000 USD
CY2013Q4 us-gaap Assets
Assets
7121000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
776000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
93000 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5688000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1215000 USD
CY2012Q4 us-gaap Notes Payable Current
NotesPayableCurrent
115849000 USD
CY2013Q4 us-gaap Notes Payable Current
NotesPayableCurrent
0 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
122313000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1308000 USD
CY2012Q4 us-gaap Accrued Rent Noncurrent
AccruedRentNoncurrent
0 USD
CY2013Q4 us-gaap Accrued Rent Noncurrent
AccruedRentNoncurrent
558000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
122313000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
1866000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
170000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43674170 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44085870 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43674170 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44085870 shares
CY2012 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
94000 USD
CY2012 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
11000 USD
CY2012Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
119391000 USD
CY2011 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
200000 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
900000 USD
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
119308000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
300000 USD
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
38100000 USD
CY2012Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.04 pure
CY2010Q4 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
200000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
16174000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
153400000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
4484000 USD
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
777000 USD
CY2012 us-gaap Payments For Restructuring
PaymentsForRestructuring
3468000 USD
CY2012 enzn Restructuring Reserve Expense Or Adjustment
RestructuringReserveExpenseOrAdjustment
-252000 USD
CY2013 enzn Restructuring Reserve Expense Or Adjustment
RestructuringReserveExpenseOrAdjustment
-167000 USD
CY2012 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
13000 USD
CY2013 us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
4943000 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
905000 USD
CY2011Q2 us-gaap Severance Costs1
SeveranceCosts1
700000 USD
CY2011Q3 us-gaap Severance Costs1
SeveranceCosts1
2900000 USD
CY2011Q4 us-gaap Severance Costs1
SeveranceCosts1
1100000 USD
CY2011Q1 us-gaap Restructuring Charges
RestructuringCharges
400000 USD
CY2011Q4 us-gaap Restructuring Charges
RestructuringCharges
1400000 USD
CY2011 us-gaap Royalty Revenue
RoyaltyRevenue
40923000 USD
CY2012 us-gaap Royalty Revenue
RoyaltyRevenue
41504000 USD
CY2013 us-gaap Royalty Revenue
RoyaltyRevenue
33846000 USD
CY2011 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
1431000 USD
CY2012 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
126000 USD
CY2013 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
0 USD
CY2011 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
718000 USD
CY2012 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
970000 USD
CY2013 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
647000 USD
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
48072000 USD
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
42600000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
34493000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
40180000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20892000 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2715000 USD
CY2011 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
926000 USD
CY2012 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
113000 USD
CY2013 us-gaap Research And Development Arrangement Contract To Perform For Others Costs Incurred Gross
ResearchAndDevelopmentArrangementContractToPerformForOthersCostsIncurredGross
0 USD
CY2011 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
17281000 USD
CY2012 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
14475000 USD
CY2013 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
8843000 USD
CY2011 us-gaap Restructuring Charges
RestructuringCharges
6025000 USD
CY2012 us-gaap Restructuring Charges
RestructuringCharges
-177000 USD
CY2013 us-gaap Restructuring Charges
RestructuringCharges
4776000 USD
CY2011 us-gaap Operating Expenses
OperatingExpenses
64527000 USD
CY2012 us-gaap Operating Expenses
OperatingExpenses
46566000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
16334000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
-16455000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
-3966000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
18159000 USD
CY2011 us-gaap Investment Income Net
InvestmentIncomeNet
1735000 USD
CY2012 us-gaap Investment Income Net
InvestmentIncomeNet
2578000 USD
CY2013 us-gaap Investment Income Net
InvestmentIncomeNet
534000 USD
CY2011 us-gaap Interest Expense
InterestExpense
5929000 USD
CY2012 us-gaap Interest Expense
InterestExpense
5330000 USD
CY2013 us-gaap Interest Expense
InterestExpense
2124000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
91000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-200000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1553000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20558000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6918000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18122000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
205000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4135000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-28000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-20763000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-2783000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
18150000 USD
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51910000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46735000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43782000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51910000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46735000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51045000 shares
CY2011 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.00
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.05
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-911000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
80000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-83000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-21674000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2703000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18067000 USD
CY2011 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5336000 USD
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4263000 USD
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
232000 USD
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
567000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
541000 USD
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
193000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
3139000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
2119000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
-205000 USD
CY2011 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
240000 USD
CY2012 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
957000 USD
CY2013 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
320000 USD
CY2011 enzn Amortization Of Purchase Premium On Marketable Securities
AmortizationOfPurchasePremiumOnMarketableSecurities
1539000 USD
CY2012 enzn Amortization Of Purchase Premium On Marketable Securities
AmortizationOfPurchasePremiumOnMarketableSecurities
3042000 USD
CY2013 enzn Amortization Of Purchase Premium On Marketable Securities
AmortizationOfPurchasePremiumOnMarketableSecurities
735000 USD
CY2011 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2012 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1554000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-12725000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
8452000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
14005000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
630000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2234000 USD
CY2011 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
104448000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
305838000 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
115849000 USD
CY2011 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
5873000 USD
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
130000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
12000 USD
CY2011 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1155000 USD
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
137000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
283000 USD
CY2011 enzn Redemptions From Employee Stock Purchase Plan
RedemptionsFromEmployeeStockPurchasePlan
167000 USD
CY2012 enzn Redemptions From Employee Stock Purchase Plan
RedemptionsFromEmployeeStockPurchasePlan
24000 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
118894000 USD
CY2011 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
263061000 USD
CY2012 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
208267000 USD
CY2013 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-159239000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
97557000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
121128000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
87348000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
89808000 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
120793000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31744000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5000000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
13862000 USD
CY2013 enzn Redemptions From Employee Stock Purchase Plan
RedemptionsFromEmployeeStockPurchasePlan
33000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-121242000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-132985000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-205961000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-293206000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-26976000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-70828000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
397530000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
104324000 USD
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <table style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; TABLE-LAYOUT: fixed; FONT-SIZE: 10pt; dtth: tableHanging" cellspacing="0" cellpadding="0" width="100%"> <tr style="PADDING-BOTTOM: 0pt; VERTICAL-ALIGN: top; PADDING-TOP: 0in"> <td style="WIDTH: 0in; WORD-WRAP: break-word; VERTICAL-ALIGN: top"> </td> <td style="WIDTH: 0.5in; WORD-WRAP: break-word; VERTICAL-ALIGN: top"> <div><font style="FONT-SIZE: 10pt"><b>(1)</b></font></div> </td> <td style="WORD-WRAP: break-word; VERTICAL-ALIGN: top"> <div><font style="FONT-SIZE: 10pt"><b>Description of Business</b></font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 36.75pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Enzon Pharmaceuticals, Inc. (together with its subsidiaries, &#8220;Enzon&#8221; or the &#8220;Company&#8221;) receives royalty revenues from existing licensing arrangements with other companies primarily related to sales of six marketed drug&#160;products, namely, PegIntron<sup>&#174;</sup>, Sylatron<sup>&#174;</sup>, Macugen<sup>&#174;</sup>, CIMZIA<sup>&#174;</sup>, Oncaspar and Adagen. <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">The primary source of the Company&#8217;s royalty revenues is sales of PegIntron, which is marketed by Merck &amp; Co., Inc. (&#8220;Merck&#8221;). The Company currently has no clinical operations and limited corporate operations. <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> The</font> Company operates in one business segment.</font> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> Royalty revenues from sales of PegIntron accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 87</font>%, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 93</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 94</font>% of&#160;the Company&#8217;s&#160;total royalty revenues in 2013, 2012 and 2011, respectively.</font></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company was previously dedicated to the research and development of innovative therapeutics for patients with high unmet medical needs. &#160; In December 2012, the Company announced that the Company&#8217;s&#160; Board of Directors retained Lazard Fr&#232;res &amp; Co. LLC (&#8220;Lazard&#8221;)&#160;to act as financial advisor in a review of the possible sale or disposition of one or more corporate assets or a sale of the Company and that the Company&#8217;s Board of Directors established a special committee to oversee the Company&#8217;s sale review process. In connection with the Company&#8217;s sale review process, the Company substantially suspended all clinical development activities with a goal of conserving capital and maximizing value returned to the Company&#8217;s stockholders. &#160; In April 2013, the Company announced that it had concluded a review of the sale or disposition of one or more corporate assets, or a sale of the Company. &#160; The review did not result in a definitive offer to acquire the Company or all or substantially all of the Company&#8217;s assets. &#160; In the same announcement, the Company also announced that its Board of Directors intends to distribute excess cash, expected to arise from ongoing royalty revenues, in the form of periodic dividends to stockholders.&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">In April 2013,&#160;pursuant to the terms of an asset purchase agreement,&#160;the Company sold to Belrose Pharma, Inc. (&#8220;Belrose&#8221;), all right, title and interest to the Company&#8217;s Customized PEGylation platform and related assets. The assets included (i) intellectual property and know-how associated with the PEGylation platform, (ii) patents and know-how related to PEG- SN-38, (iii) patents and know-how associated with certain of the Company&#8217;s internal clinical programs and (iv) certain related supplies and equipment.</font></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font></font>&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font></font><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">In September 2013, the Company entered into a sublease agreement, which was amended and restated in November 2013, with Axcellerate Pharma, LLC (&#8220;Axcellerate&#8221;), pursuant to which the Company subleases to Axcellerate a portion of the Company&#8217;s premises consisting of approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 30,000</font> rentable square feet of the building located at 20 Kingsbridge Road, Piscataway, New Jersey and a share of related parking areas. The term of the sublease commenced on <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">November 14, 2013</font> and will expire on <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">July 30, 2021</font>. The monthly fixed rent payable by Axcellerate to us under the sublease is as follows: (i) in year one, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">10,417</font>, (ii) in year two, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">15,625</font>, (iii) in year three, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">20,833</font>, (iv) in year four, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">26,042</font> and (v) in each of years five through eight, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">35,000</font>. The sublease also provides for Axcellerate to pay additional rent to cover its applicable share of real estate taxes, operating expenses, sewer and gas usage, water usage, electricity usage and certain other charges incurred by Axcellerate.</font></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify">In&#160;October&#160;2013, the Company terminated its License and Collaboration Agreement with Santaris Pharma A/S (&#8220;Santaris&#8221;) whereby Enzon&#160;returned to Santaris the rights to molecules utilizing LNA technology including the mRNA antagonists targeting Hypoxia-Inducible Factor-1 alpha (HIF-1 alpha), the Androgen Receptor (AR), HER3, and Beta-catenin.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company has no intention of resuming any clinical development activities or acquiring new sources of royalty revenues.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1952000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
-484000 USD
CY2013 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <table style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; TABLE-LAYOUT: fixed; FONT-SIZE: 10pt; dtth: tableHanging" cellspacing="0" cellpadding="0" width="100%"> <tr style="PADDING-BOTTOM: 0pt; VERTICAL-ALIGN: top; PADDING-TOP: 0in"> <td style="WIDTH: 0in; WORD-WRAP: break-word; VERTICAL-ALIGN: top"> </td> <td style="WIDTH: 0.5in; WORD-WRAP: break-word; VERTICAL-ALIGN: top"> <div><font style="FONT-SIZE: 10pt"><b>(3)</b></font></div> </td> <td style="WORD-WRAP: break-word; VERTICAL-ALIGN: top"> <div><font style="FONT-SIZE: 10pt"><b>Recently Adopted Accounting Pronouncements</b></font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.5in" align="justify"><b><font style="FONT-SIZE: 10pt"> &#160;</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">In February&#160;2013, the Financial Accounting Standards Board (the &#8220;FASB&#8221;) issued Accounting Standards Update &#8220;Comprehensive Income (Topic 220):&#160;Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income&#8221; (ASU 2013-02).&#160;ASU 2013-02 requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income.&#160;The amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component.&#160;An entity is required to provide this information together, in one location, either on the face of the statement where net income is presented or as a separate disclosure in the notes to the financial statements.&#160;The amendments are effective prospectively for reporting periods beginning after December&#160;15, 2012.&#160;The adoption of ASU 2013-02 did not have a material impact on the Company&#8217;s consolidated financial position or results of operations.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The FASB recently issued ASU &#8220;Presentation of Financial Statements (Topic 205) Liquidation Basis of Accounting&#8221; (ASU 2013-07) that requires an entity to prepare its financial statements using the liquidation basis of accounting when liquidation is imminent, as defined in ASU 2013-7. ASU 2013-7&#8217;s objective is to eliminate diverse practices by providing guidance about when and how to apply the model. The guidance applies to all entities except for investment companies regulated under the Investment Company Act of 1940.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">ASU 2013-7 is effective for both public and nonpublic entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods within those annual periods. An entity preparing its financial statements on a going-concern basis at the effective date that is required to use the liquidation basis of accounting is required to account for any differences between its existing measurements and the measurements under ASU 2013-7 through a cumulative-effect adjustment. Early adoption is permitted. The Company has evaluated the impact of ASU 2013-7 on the Company&#8217;s consolidated financial statements, and has determined that it does not currently have an impact on Company&#8217;s consolidated financial statements.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">In July 2013, the FASB issued ASU 2013-11, &#8220;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.&#8221; This update amends ASC 740, &#8220;Income Taxes,&#8221; to require that in certain cases, an unrecognized tax benefit, or portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward when such items exist in the same taxing jurisdiction. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. The amendments should be applied prospectively to all unrecognized tax benefits that exist at the effective date, and retrospective application is permitted. The Company is currently evaluating the impact this update will have on its consolidated financial statements.&#160;&#160;</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
331857000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5453000 USD
CY2011 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1918000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.343 pure
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y1M6D
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.015 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008 pure
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
41000 USD
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4000 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5500000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1900000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.29
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.08
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.24
CY2013Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.60
CY2013Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.45
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
868000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
534000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
655000 shares
CY2013 enzn Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Adjustment Pursuant To Special Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentPursuantToSpecialDividend
487000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
166000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.06
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
9.47
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
8.77
CY2013 enzn Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Adjustment Pursuant To Special Dividend Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdjustmentPursuantToSpecialDividendWeightedAverageGrantDateFairValue
8.77
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
8.13
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2000000 USD
CY2011 enzn Employee Service Share Based Compensation Tax Payments
EmployeeServiceShareBasedCompensationTaxPayments
1100000 USD
CY2012 enzn Employee Service Share Based Compensation Tax Payments
EmployeeServiceShareBasedCompensationTaxPayments
100000 USD
CY2013 enzn Employee Service Share Based Compensation Tax Payments
EmployeeServiceShareBasedCompensationTaxPayments
300000 USD
CY2011 enzn Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensation
1900000 USD
CY2012 enzn Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensation
2000000 USD
CY2013 enzn Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensation
500000 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2217 pure
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3628 pure
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2634 pure
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3202 pure
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2634 pure
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
pure
CY2011Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6M
CY2012Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6M
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6M
CY2011Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6M
CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6M
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0020 pure
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0035 pure
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0015 pure
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0012 pure
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0015 pure
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
17339 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
17339 shares
CY2013 enzn Employee Stock Purchase Plan Description
EmployeeStockPurchasePlanDescription
The 2007 Employee Stock Purchase Plan (ESPP) permits eligible employees to purchase common stock through payroll deductions which may not exceed 15 percent of the employee&#8217;s compensation, as defined, at a price equal to 85 percent of the fair market value of the shares at the beginning of the offering period (grant date) or at the end of the offering period (purchase date), whichever is lower All benefit-eligible employees of the Company may participate in the ESPP other than those who own shares or hold options or nonvested shares representing a combined 5 percent or more of the voting power of the Company&#8217;s outstanding stock. The ESPP was terminated on April 1, 2013.
enzn Acquisiton Of Inprocess Research And Development And Mile Stone Payment Under License Agreement
AcquisitonOfInprocessResearchAndDevelopmentAndMileStonePaymentUnderLicenseAgreement
34000000 USD
CY2011 enzn Royalties Persuant To Provision In Sales Agreement
RoyaltiesPersuantToProvisionInSalesAgreement
500000 USD
CY2007Q3 enzn Percentage Of Royalty Payable Sold Under Merck Agreement
PercentageOfRoyaltyPayableSoldUnderMerckAgreement
0.25 pure
CY2011Q4 enzn Uncertain Milestone Payment
UncertainMilestonePayment
17000000 USD
CY2010 us-gaap Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
27000000 USD
CY2011Q1 us-gaap Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
5000000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
703000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
703000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
703000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
742000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2772000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
5623000 USD
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06 pure
CY2011 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
4000000 USD
CY2012 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
100000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
56000 USD
CY2013 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.5 pure
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
10601000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
10183000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
10231000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
8056000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
11121000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
8828000 USD
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
10647000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
7426000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-1071000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
2390000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-729000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
4719000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
4175000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
5562000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-5158000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
5479000 USD
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
119391000 USD
CY2012Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1095000 USD
CY2012Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
24082000 USD
CY2012Q4 enzn Furniture And Fixtures And Other Gross
FurnitureAndFixturesAndOtherGross
1744000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
26921000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
25783000 USD
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Trading Symbol
TradingSymbol
ENZN
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44093515 shares
CY2013 dei Entity Registrant Name
EntityRegistrantName
ENZON PHARMACEUTICALS INC
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000727510
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
86914342 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
50500000 USD
CY2012Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
115849000 USD
CY2012Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
117079000 USD
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
200000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
6000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
186000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
119308000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
119308000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
119391000 USD
CY2011 us-gaap Depreciation
Depreciation
5300000 USD
CY2012 us-gaap Depreciation
Depreciation
4300000 USD
CY2013 us-gaap Depreciation
Depreciation
200000 USD
CY2012 enzn Stock Repurchased And Retired During Period Average Price Paid Per Share
StockRepurchasedAndRetiredDuringPeriodAveragePricePaidPerShare
6.76
enzn Stock Repurchased And Retired During Period Average Price Paid Per Share
StockRepurchasedAndRetiredDuringPeriodAveragePricePaidPerShare
9.48
CY2013 enzn Right Expiry Date
RightExpiryDate
2012-05-16
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17400000 shares
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17100000 shares
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000 shares
CY2011 us-gaap Severance Costs1
SeveranceCosts1
4922000 USD
CY2012 us-gaap Severance Costs1
SeveranceCosts1
-239000 USD
CY2013 us-gaap Severance Costs1
SeveranceCosts1
4001000 USD
CY2011 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1103000 USD
CY2012 us-gaap Other Restructuring Costs
OtherRestructuringCosts
62000 USD
CY2013 us-gaap Other Restructuring Costs
OtherRestructuringCosts
775000 USD
CY2012 enzn Benefits Provided To Existing Employees On Accural Utilization
BenefitsProvidedToExistingEmployeesOnAccuralUtilization
200000 USD
CY2013 enzn Benefits Provided To Existing Employees On Accural Utilization
BenefitsProvidedToExistingEmployeesOnAccuralUtilization
32000 USD
CY2011Q4 enzn Severance Costs For Research And Development Position
SeveranceCostsForResearchAndDevelopmentPosition
300000 USD
CY2011Q3 enzn Restructuring Charges On Lease Termination
RestructuringChargesOnLeaseTermination
700000 USD
CY2011 enzn Sale Of In Process Research And Development
SaleOfInProcessResearchAndDevelopment
5000000 USD
CY2012 enzn Sale Of In Process Research And Development
SaleOfInProcessResearchAndDevelopment
0 USD
CY2013 enzn Sale Of In Process Research And Development
SaleOfInProcessResearchAndDevelopment
0 USD
CY2013 enzn Separation Cost
SeparationCost
4000000 USD
CY2011 enzn General And Administrative Expense Contracted Services
GeneralAndAdministrativeExpenseContractedServices
115000 USD
CY2012 enzn General And Administrative Expense Contracted Services
GeneralAndAdministrativeExpenseContractedServices
0 USD
CY2013 enzn General And Administrative Expense Contracted Services
GeneralAndAdministrativeExpenseContractedServices
0 USD
CY2011 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
11263000 USD
CY2013 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2011 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-61000 USD
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-265000 USD
CY2013 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3506000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-671000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1334000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2620000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-796000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-683000 USD
CY2011 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3250000 USD
CY2012 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-9176000 USD
CY2013 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3877000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
156000 shares
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
30000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-30000 USD
CY2011 enzn Current State And Foreign Tax Expense Benefit
CurrentStateAndForeignTaxExpenseBenefit
205000 USD
CY2012 enzn Current State And Foreign Tax Expense Benefit
CurrentStateAndForeignTaxExpenseBenefit
-4165000 USD
CY2013 enzn Current State And Foreign Tax Expense Benefit
CurrentStateAndForeignTaxExpenseBenefit
2000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
205000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-4135000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-28000 USD
CY2011 enzn Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
0 USD
CY2012 enzn Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
0 USD
CY2013 enzn Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
0 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7195000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2421000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6313000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
205000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
119000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
183000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1339000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 USD
CY2011 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
174000 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-26000 USD
CY2013 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
0 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
20000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2672000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2012 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2013 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8340000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
865000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-6526000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
56329000 USD
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
56198000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
25379000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
25379000 USD
CY2012Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
6613000 USD
CY2013Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
0 USD
CY2012Q4 enzn Deferred Tax Assets Basis Difference In Fixed Assets
DeferredTaxAssetsBasisDifferenceInFixedAssets
4264000 USD
CY2013Q4 enzn Deferred Tax Assets Basis Difference In Fixed Assets
DeferredTaxAssetsBasisDifferenceInFixedAssets
3526000 USD
CY2012Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
3165000 USD
CY2013Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
3663000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3007000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2518000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1560000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1530000 USD
CY2012Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
613000 USD
CY2013Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
0 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
84000 USD
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1167000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1537000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
102097000 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
94435000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
102063000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
94435000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
34000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
-34000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Unrealized Gains On Trading Securities
DeferredTaxLiabilitiesUnrealizedGainsOnTradingSecurities
0 USD
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
34000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
102100000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
94400000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-671000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1037000 USD
CY2013Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
144000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
237000 USD
CY2011 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-240000 USD
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-957000 USD
CY2013Q1 enzn Non Employee Chairperson Grants Number Of Times Of Value Of Grants
NonEmployeeChairpersonGrantsNumberOfTimesOfValueOfGrants
2 Times
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-320000 USD
CY2013Q4 us-gaap Assets Held For Sale Property Plant And Equipment
AssetsHeldForSalePropertyPlantAndEquipment
90000 USD
CY2013 enzn Employee Stock Purchase Plan Termination Income
EmployeeStockPurchasePlanTerminationIncome
4000 USD
CY2013 enzn Payment To Employee Stock Purchase Plan Termination
PaymentToEmployeeStockPurchasePlanTermination
14000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinOneYear
130000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinTwoYears
193000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinThreeYears
258000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFourYears
356000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Thereafter
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsThereafter
1505000 USD
CY2013Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions
FutureMinimumSubleaseRentalsSaleLeasebackTransactions
2442000 USD
CY2013Q4 enzn Monthly Fixed Rent Receivable On Sublease Year One
MonthlyFixedRentReceivableOnSubleaseYearOne
10417 USD
CY2013Q4 enzn Monthly Fixed Rent Receivable On Sublease Year Two
MonthlyFixedRentReceivableOnSubleaseYearTwo
15625 USD
CY2013Q4 enzn Monthly Fixed Rent Receivable On Sublease Year Three
MonthlyFixedRentReceivableOnSubleaseYearThree
20833 USD
CY2013Q4 enzn Monthly Fixed Rent Receivable On Sublease Year Four
MonthlyFixedRentReceivableOnSubleaseYearFour
26042 USD
CY2013Q4 enzn Monthly Fixed Rent Receivable On Sublease In Each Of Year Five To Eight
MonthlyFixedRentReceivableOnSubleaseInEachOfYearFiveToEight
35000 USD
CY2013Q4 us-gaap Area Of Land
AreaOfLand
30000 sqft
CY2011 enzn Royalty Revenues From Sales Percentage
RoyaltyRevenuesFromSalesPercentage
0.94 pure
CY2012 enzn Royalty Revenues From Sales Percentage
RoyaltyRevenuesFromSalesPercentage
0.93 pure
CY2013 enzn Royalty Revenues From Sales Percentage
RoyaltyRevenuesFromSalesPercentage
0.87 pure
CY2011 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
700000 USD
CY2012 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
400000 USD
CY2013 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
100000 USD
CY2013 enzn Sub Lease Commencement Date
SubLeaseCommencementDate
2013-11-14
CY2013 enzn Sublease Expiration Date
SubleaseExpirationDate
2021-07-30
CY2013Q4 enzn Additional Shares Reserved For Issuance
AdditionalSharesReservedForIssuance
1000000 shares
CY2013 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
At December 31, 2013, the Company had federal net operating loss carryforwards of approximately $144.0 million that expire in the years 2020 through 2031 and New Jersey state net operating loss carryforwards of approximately $65.2 million that expire in the years 2029 through 2031. The Company also has federal research and development tax credit carryforwards of approximately $20.8 million for tax reporting purposes that expire in the years 2017 through 2031. In addition, the Company has $4.3 million of state research and development tax credit carryforwards that expire in the years 2015 through 2026.
CY2013 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company is currently under examination by the U.S. Internal Revenue Service, with the tax years 2010 through 2011 remaining open to examination. State income tax returns for the states of New Jersey and Indiana are generally subject to examination for a period of 3-4 years after filing of the respective returns. These state income tax returns are not currently under examination. Income tax returns for Canada are generally subject to examination for a period of 3-5 years after filing of the respective return.

Files In Submission

Name View Source Status
0001144204-14-015753-index-headers.html Edgar Link pending
0001144204-14-015753-index.html Edgar Link pending
0001144204-14-015753.txt Edgar Link pending
0001144204-14-015753-xbrl.zip Edgar Link pending
enzn-20131231.xml Edgar Link completed
enzn-20131231.xsd Edgar Link pending
enzn-20131231_cal.xml Edgar Link unprocessable
enzn-20131231_def.xml Edgar Link unprocessable
enzn-20131231_lab.xml Edgar Link unprocessable
enzn-20131231_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ft0001img-1.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v370530_10k.htm Edgar Link pending
v370530_ex10-29.htm Edgar Link pending
v370530_ex10-30.htm Edgar Link pending
v370530_ex10-4.htm Edgar Link pending
v370530_ex21-1.htm Edgar Link pending
v370530_ex23-1.htm Edgar Link pending
v370530_ex23-2.htm Edgar Link pending
v370530_ex31-1.htm Edgar Link pending
v370530_ex31-2.htm Edgar Link pending
v370530_ex32-1.htm Edgar Link pending
v370530_ex32-2.htm Edgar Link pending