2017 Q1 Form 10-K Financial Statement

#000156459017004614 Filed on March 16, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2015 Q4
Revenue $1.027M $1.027M $1.076M
YoY Change -22.31% -4.55%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.030M $2.450M $2.560M
YoY Change 16.54% -4.3% 23.08%
% of Gross Profit
Research & Development $7.970M $6.230M $5.430M
YoY Change 20.1% 14.73% 40.31%
% of Gross Profit
Depreciation & Amortization $206.0K $200.0K $210.0K
YoY Change -9.25% -4.76% 61.54%
% of Gross Profit
Operating Expenses $11.00M $8.681M $7.988M
YoY Change 19.05% 8.68% 34.41%
Operating Profit
YoY Change
Interest Expense -$160.0K -$290.0K -$530.0K
YoY Change -132.79% -45.28% 82.76%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$10.13M -$7.940M -$7.450M
YoY Change 20.88% 6.58% 19.58%
Income Tax
% Of Pretax Income
Net Earnings -$10.13M -$7.940M -$7.446M
YoY Change 20.88% 6.63% 19.46%
Net Earnings / Revenue -985.98% -773.13% -692.01%
Basic Earnings Per Share
Diluted Earnings Per Share -$244.7K -$213.1K -$259.4K
COMMON SHARES
Basic Shares Outstanding 41.39M 34.15M
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.30M $92.10M $64.80M
YoY Change 48.02% 42.13% 31.98%
Cash & Equivalents $40.73M $88.61M $64.81M
Short-Term Investments $41.70M $3.500M
Other Short-Term Assets $1.100M $1.200M $800.0K
YoY Change 10.0% 50.0% 0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $83.40M $93.32M $65.70M
YoY Change 47.35% 42.04% 31.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.700M $1.579M $2.200M
YoY Change -15.0% -28.23% 83.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $100.0K $24.00K $24.00K
YoY Change 0.0% 0.0% -76.0%
Total Long-Term Assets $1.900M $1.725M $2.258M
YoY Change -9.52% -23.6% 68.63%
TOTAL ASSETS
Total Short-Term Assets $83.40M $93.32M $65.70M
Total Long-Term Assets $1.900M $1.725M $2.258M
Total Assets $85.30M $95.05M $67.96M
YoY Change 45.32% 39.86% 32.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.500M $934.0K $996.0K
YoY Change 25.0% -6.22% 66.0%
Accrued Expenses $4.700M $3.957M $2.439M
YoY Change 135.0% 62.24% 6.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.620M $8.187M $7.550M
YoY Change -1.04% 8.44% 403.33%
Total Short-Term Liabilities $16.90M $15.19M $13.44M
YoY Change 21.56% 12.99% 192.2%
LONG-TERM LIABILITIES
Long-Term Debt $1.100M $2.501M $10.69M
YoY Change -87.36% -76.6% -40.95%
Other Long-Term Liabilities $3.500M $4.200M $5.800M
YoY Change -35.19% -27.59% 2800.0%
Total Long-Term Liabilities $4.600M $2.501M $10.69M
YoY Change -67.38% -76.6% -41.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.90M $15.19M $13.44M
Total Long-Term Liabilities $4.600M $2.501M $10.69M
Total Liabilities $21.50M $17.69M $24.13M
YoY Change -23.21% -26.69% 5.83%
SHAREHOLDERS EQUITY
Retained Earnings -$175.8M -$142.4M
YoY Change 23.5%
Common Stock $249.0M $180.4M
YoY Change 38.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $63.86M $73.15M $38.04M
YoY Change
Total Liabilities & Shareholders Equity $85.30M $95.05M $67.96M
YoY Change 45.32% 39.86% 32.73%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income -$10.13M -$7.940M -$7.446M
YoY Change 20.88% 6.63% 19.46%
Depreciation, Depletion And Amortization $206.0K $200.0K $210.0K
YoY Change -9.25% -4.76% 61.54%
Cash From Operating Activities -$7.460M -$7.550M -$6.970M
YoY Change 2.9% 8.32% 13.33%
INVESTING ACTIVITIES
Capital Expenditures $155.0K -$40.00K -$180.0K
YoY Change -12.92% -77.78% -33.33%
Acquisitions
YoY Change
Other Investing Activities -$38.22M $6.020M $0.00
YoY Change 136.36%
Cash From Investing Activities -$38.38M $5.980M -$180.0K
YoY Change 134.88% -3422.22% -33.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.011M
YoY Change 7.37%
Cash From Financing Activities -2.170M 53.09M -900.0K
YoY Change 25.43% -5998.89% -109.0%
NET CHANGE
Cash From Operating Activities -7.460M -7.550M -6.970M
Cash From Investing Activities -38.38M 5.980M -180.0K
Cash From Financing Activities -2.170M 53.09M -900.0K
Net Change In Cash -48.01M 51.52M -8.050M
YoY Change 89.61% -740.0% -324.86%
FREE CASH FLOW
Cash From Operating Activities -$7.460M -$7.550M -$6.970M
Capital Expenditures $155.0K -$40.00K -$180.0K
Free Cash Flow -$7.615M -$7.510M -$6.790M
YoY Change 2.52% 10.6% 15.48%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2501000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
29000
CY2016 dei Trading Symbol
TradingSymbol
FATE
CY2016Q2 dei Entity Public Float
EntityPublicFloat
43692948
CY2017Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41386506
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64809000
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
3503000
CY2015Q4 fate Repurchase Liability For Unvested Equity Awards Current
RepurchaseLiabilityForUnvestedEquityAwardsCurrent
1000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8187000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
15187000
CY2016Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
101000
CY2016Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2829000
CY2015Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4934000
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
1276000
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
799000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10688000
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
3000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
248957000
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
180393000
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-432000
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-33463000
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-29992000
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3184000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-6886000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
420000
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.05
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.18
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
31754140
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
25484262
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
50848000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
142000
CY2014 fate Adjustments To Additional Paid In Capital Repurchase Liability For Unvested Equity Awards
AdjustmentsToAdditionalPaidInCapitalRepurchaseLiabilityForUnvestedEquityAwards
49000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2434000
CY2014 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
375000
CY2014 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
375000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
28340000
CY2015 fate Adjustments To Additional Paid In Capital Repurchase Liability For Unvested Equity Awards
AdjustmentsToAdditionalPaidInCapitalRepurchaseLiabilityForUnvestedEquityAwards
44000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2400000
CY2015 fate Incentive Bonuses Paid In Value
IncentiveBonusesPaidInValue
97000
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
32149000
CY2015 fate Common Stock Issued Value To Collaborative Partner
CommonStockIssuedValueToCollaborativePartner
4580000
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
187000
CY2016 fate Adjustments To Additional Paid In Capital Repurchase Liability For Unvested Equity Awards
AdjustmentsToAdditionalPaidInCapitalRepurchaseLiabilityForUnvestedEquityAwards
1000
CY2016 fate Common Stock Issued During Period Value Private Placement
CommonStockIssuedDuringPeriodValuePrivatePlacement
28797000
CY2016 fate Convertible Preferred Stock Issued During Period Value New Issues
ConvertiblePreferredStockIssuedDuringPeriodValueNewIssues
36289000
CY2016 fate Incentive Bonuses Paid In Value
IncentiveBonusesPaidInValue
121000
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
881000
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
687000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
496000
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3184000
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2400000
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2434000
CY2016 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
139000
CY2015 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
176000
CY2014 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
24000
CY2016 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-171000
CY2016 us-gaap Paid In Kind Interest
PaidInKindInterest
492000
CY2015 us-gaap Paid In Kind Interest
PaidInKindInterest
651000
CY2014 us-gaap Paid In Kind Interest
PaidInKindInterest
167000
CY2016 us-gaap Straight Line Rent
StraightLineRent
7000
CY2015 us-gaap Straight Line Rent
StraightLineRent
24000
CY2014 us-gaap Straight Line Rent
StraightLineRent
52000
CY2016 fate Deferred Revenue Expense
DeferredRevenueExpense
2401000
CY2015 fate Deferred Revenue Expense
DeferredRevenueExpense
-7335000
CY2014 fate Stock Based Milestone Charges And Change In Fair Value Of Exchangeable Shares
StockBasedMilestoneChargesAndChangeInFairValueOfExchangeableShares
375000
CY2014 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
3000
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
381000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
107000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
146000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1561000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
477000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
163000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-29823000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-18397000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-22419000
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
457000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1498000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
882000
CY2016 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
19675000
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
16000000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4114000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1498000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-882000
CY2016 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
186000
CY2015 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
420000
CY2014 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
142000
CY2015 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
32149000
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4580000
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
20000000
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7689000
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1546000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
57737000
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1750000
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
26000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
35603000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
18366000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
23800000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15708000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4935000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49101000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54036000
CY2016 us-gaap Interest Paid
InterestPaid
1067000
CY2015 us-gaap Interest Paid
InterestPaid
1353000
CY2014 us-gaap Interest Paid
InterestPaid
494000
CY2014 fate Issuance Of Warrants In Connection With Long Term Debt
IssuanceOfWarrantsInConnectionWithLongTermDebt
375000
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company&#8217;s consolidated financial statements are prepared in accordance with United States generally accepted accounting principles (&#8220;GAAP&#8221;). The preparation of the Company&#8217;s consolidated financial statements requires it to make estimates and assumptions that impact the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in the Company&#8217;s consolidated financial statements and accompanying notes. The most significant estimates in the Company&#8217;s consolidated financial statements relate to accrued expenses. Although these estimates are based on the Company&#8217;s knowledge of current events and actions it may undertake in the future, actual results may ultimately materially differ from these estimates and assumptions.</p></div>
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Financial instruments, which potentially subject the Company to significant concentration of credit risk, consist primarily of cash, cash equivalents, and short-term investments. The Company maintains deposits in federally insured financial institutions in excess of federally insured limits. The Company has not experienced any losses in such accounts and management believes that the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits and investments are held. </p></div>
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2016Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2016Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2016Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2016Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2016 us-gaap Revenue Recognition Milestone Method Factors
RevenueRecognitionMilestoneMethodFactors
(i) persuasive evidence that an agreement exists; (ii) delivery of the products and/or services has occurred; (iii) the selling price is fixed or determinable; and (iv) collectability is reasonably assured.
CY2016 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
more than 50 percent
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18667458
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3246837
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2560082
CY2016Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3504000
CY2016Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
7547000
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
7354000
CY2015Q4 us-gaap Operating Expenses
OperatingExpenses
7988000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-7779000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-7446000
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.33
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.24
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2016Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3503000
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2016 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
0
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5783000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5632000
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4204000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3472000
CY2016Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1505000
CY2015Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
993000
CY2016Q4 fate Accrued Clinical Trial Related Costs Current
AccruedClinicalTrialRelatedCostsCurrent
1043000
CY2015Q4 fate Accrued Clinical Trial Related Costs Current
AccruedClinicalTrialRelatedCostsCurrent
446000
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1409000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1000000
CY2016 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
37641
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10765000
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
18454000
CY2016Q4 fate Debt Instrument Discount Non Current
DebtInstrumentDiscountNonCurrent
7000
CY2015Q4 fate Debt Instrument Discount Non Current
DebtInstrumentDiscountNonCurrent
77000
CY2016Q4 fate Long Term Debt Net Of Long Term Portion Of Debt Issuance Costs And Discounts
LongTermDebtNetOfLongTermPortionOfDebtIssuanceCostsAndDiscounts
10758000
CY2015Q4 fate Long Term Debt Net Of Long Term Portion Of Debt Issuance Costs And Discounts
LongTermDebtNetOfLongTermPortionOfDebtIssuanceCostsAndDiscounts
18377000
CY2016Q4 fate Long Term Debt Gross Current
LongTermDebtGrossCurrent
8257000
CY2015Q4 fate Long Term Debt Gross Current
LongTermDebtGrossCurrent
7689000
CY2016Q4 fate Debt Instrument Discount Current
DebtInstrumentDiscountCurrent
70000
CY2015Q4 fate Debt Instrument Discount Current
DebtInstrumentDiscountCurrent
139000
CY2016 us-gaap Interest Expense Debt
InterestExpenseDebt
1600000
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
2200000
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
500000
CY2016Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
100000
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1300000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
900000
CY2016 fate Minimum Annual Payments To Maintain Licenses
MinimumAnnualPaymentsToMaintainLicenses
300000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
8757000
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4055000
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
12812000
CY2016Q4 fate Long Term Debt Maturities Repayments Interest Included In Payments
LongTermDebtMaturitiesRepaymentsInterestIncludedInPayments
547000
CY2016Q4 fate Long Term Debt Maturities Additional Payments Due On Maturity
LongTermDebtMaturitiesAdditionalPaymentsDueOnMaturity
1500000
CY2016Q4 fate Unamortized Debt Discounts And Debt Issuance Cost
UnamortizedDebtDiscountsAndDebtIssuanceCost
77000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1237000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2116000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2278000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2346000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2417000
CY2016Q4 fate Operating Leases Future Minimum Payments Due In Six Years
OperatingLeasesFutureMinimumPaymentsDueInSixYears
2489000
CY2016Q4 fate Operating Leases Future Minimum Payments Due In Seven Years
OperatingLeasesFutureMinimumPaymentsDueInSevenYears
1282000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
14165000
CY2016Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
9994000
CY2016Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
6171000
CY2016Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
2278000
CY2016Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
2346000
CY2016Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
2417000
CY2016Q4 fate Contractual Obligation Due In Sixth Year
ContractualObligationDueInSixthYear
2489000
CY2016Q4 fate Contractual Obligation Due In Seventh Year
ContractualObligationDueInSeventhYear
1282000
CY2016Q4 us-gaap Contractual Obligation
ContractualObligation
26977000
CY2016 us-gaap Dividends
Dividends
0
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
76000
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
159000
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
58766000
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
47644000
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
58766000
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
47644000
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0
CY2016Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
20456523
CY2015Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
4884125
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-11377000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-10198000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-8800000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2089000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2226000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1311000
CY2016 fate Income Tax Reconciliation Permanent Tax Differences
IncomeTaxReconciliationPermanentTaxDifferences
292000
CY2015 fate Income Tax Reconciliation Permanent Tax Differences
IncomeTaxReconciliationPermanentTaxDifferences
43000
CY2014 fate Income Tax Reconciliation Permanent Tax Differences
IncomeTaxReconciliationPermanentTaxDifferences
159000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
968000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
213000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
426000
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
971000
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
594000
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
596000
CY2016 fate Income Tax Reconciliation Reserve For Uncertain Tax Positions
IncomeTaxReconciliationReserveForUncertainTaxPositions
2076000
CY2015 fate Income Tax Reconciliation Reserve For Uncertain Tax Positions
IncomeTaxReconciliationReserveForUncertainTaxPositions
1733000
CY2016 fate Income Tax Reconciliation Tax Attribute Limitation
IncomeTaxReconciliationTaxAttributeLimitation
54000
CY2015 fate Income Tax Reconciliation Tax Attribute Limitation
IncomeTaxReconciliationTaxAttributeLimitation
2727000
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-74000
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-37000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-256000
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11121000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3887000
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
10378000
CY2016Q4 fate Deferred Tax Assets Section59e Amortization
DeferredTaxAssetsSection59eAmortization
17699000
CY2015Q4 fate Deferred Tax Assets Section59e Amortization
DeferredTaxAssetsSection59eAmortization
13042000
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
35049000
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
28963000
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
2175000
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
1274000
CY2016Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1020000
CY2015Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
921000
CY2016Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1677000
CY2015Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2494000
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1222000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1109000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1329000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
491000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1820000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
374000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2624000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
949000
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3869000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2268000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1625000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
32000
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7730000
CY2016Q4 fate Unrecognized Tax Benefits Resulting In Net Operating Loss And Tax Credit Carryforward
UnrecognizedTaxBenefitsResultingInNetOperatingLossAndTaxCreditCarryforward
0
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0
CY2009Q1 fate Defined Contribution Plan Minimum Age Of Employee
DefinedContributionPlanMinimumAgeOfEmployee
P21Y
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
0
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1322000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1027000
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1026000
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1027000
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
9238000
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
9031000
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
9415000
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
8681000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-8377000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-8408000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-8737000
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-7940000
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.29
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.29
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.27
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
329000
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1026000
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1076000
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
7324000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-7881000
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.38

Files In Submission

Name View Source Status
0001564590-17-004614-index-headers.html Edgar Link pending
0001564590-17-004614-index.html Edgar Link pending
0001564590-17-004614.txt Edgar Link pending
0001564590-17-004614-xbrl.zip Edgar Link pending
fate-10k_20161231.htm Edgar Link pending
fate-20161231.xml Edgar Link completed
fate-20161231.xsd Edgar Link pending
fate-20161231_cal.xml Edgar Link unprocessable
fate-20161231_def.xml Edgar Link unprocessable
fate-20161231_lab.xml Edgar Link unprocessable
fate-20161231_pre.xml Edgar Link unprocessable
fate-ex211_152.htm Edgar Link pending
fate-ex231_9.htm Edgar Link pending
fate-ex311_11.htm Edgar Link pending
fate-ex321_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g2017031518182007540616.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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending