2016 Q3 Form 10-Q Financial Statement
#000114420416117796 Filed on August 09, 2016
Income Statement
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
Revenue | $975.0K | $2.230M | $0.00 |
YoY Change | 3800.0% | ||
Cost Of Revenue | $41.00K | $324.0K | $0.00 |
YoY Change | |||
Gross Profit | $934.0K | $1.906M | $0.00 |
YoY Change | 3636.0% | ||
Gross Profit Margin | 95.79% | 85.47% | |
Selling, General & Admin | $8.864M | $8.635M | $4.530M |
YoY Change | 9.72% | 90.62% | 89.54% |
% of Gross Profit | 949.04% | 453.04% | |
Research & Development | $7.316M | $2.060M | $2.411M |
YoY Change | -19.37% | -14.56% | 1.43% |
% of Gross Profit | 783.3% | 108.08% | |
Depreciation & Amortization | $200.0K | $82.00K | $5.000K |
YoY Change | 3233.33% | 1540.0% | -16.67% |
% of Gross Profit | 21.41% | 4.3% | |
Operating Expenses | $17.22M | $17.37M | $7.762M |
YoY Change | -4.84% | 123.73% | 62.96% |
Operating Profit | -$17.18M | -$17.04M | -$7.762M |
YoY Change | -5.07% | 119.56% | 62.96% |
Interest Expense | $689.0K | $529.0K | $352.0K |
YoY Change | 96.86% | 50.28% | 195.8% |
% of Operating Profit | |||
Other Income/Expense, Net | -$710.0K | -$1.253M | $1.344M |
YoY Change | -60.18% | -193.23% | 2484.62% |
Pretax Income | -$16.96M | -$16.39M | -$6.420M |
YoY Change | -14.6% | 155.3% | 36.31% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$12.98M | -$12.48M | -$6.175M |
YoY Change | -28.52% | 102.07% | 31.08% |
Net Earnings / Revenue | -1331.38% | -559.55% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$323.4K | -$313.0K | -$158.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 48.67M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $84.70M | $71.30M | $66.60M |
YoY Change | 21.68% | 7.05% | -12.48% |
Cash & Equivalents | $82.54M | $71.34M | $41.04M |
Short-Term Investments | $2.200M | $25.57M | |
Other Short-Term Assets | $5.600M | $1.600M | $1.000M |
YoY Change | 409.09% | 60.0% | 150.0% |
Inventory | $123.0K | $100.0K | |
Prepaid Expenses | |||
Receivables | $5.007M | $967.0K | |
Other Receivables | $3.200M | $2.500M | |
Total Short-Term Assets | $98.60M | $76.60M | $62.03M |
YoY Change | 48.05% | 23.48% | -18.91% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.164M | $4.500M | $90.00K |
YoY Change | 1064.0% | 4900.0% | -10.0% |
Goodwill | $21.74M | ||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $250.0K | $250.0K | $250.0K |
YoY Change | 0.0% | 0.0% | -16.67% |
Other Assets | $48.00K | $14.60M | $172.0K |
YoY Change | -99.68% | 8388.37% | -98.78% |
Total Long-Term Assets | $46.82M | $21.46M | $21.67M |
YoY Change | 131.06% | -0.94% | 50.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $98.60M | $76.60M | $62.03M |
Total Long-Term Assets | $46.82M | $21.46M | $21.67M |
Total Assets | $145.4M | $98.06M | $83.70M |
YoY Change | 67.41% | 17.16% | -7.92% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $21.80M | $5.100M | $583.0K |
YoY Change | 1593.86% | 774.79% | 94.33% |
Accrued Expenses | $8.605M | $8.500M | $4.386M |
YoY Change | 20.57% | 93.8% | 41.48% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $38.59M | $14.30M | $4.995M |
YoY Change | 356.72% | 186.29% | 45.33% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $27.40M | $21.80M | $23.20M |
YoY Change | 17.6% | -6.03% | 65.71% |
Other Long-Term Liabilities | $4.583M | $3.700M | $264.0K |
YoY Change | 2168.81% | 1301.52% | -64.99% |
Total Long-Term Liabilities | $4.583M | $25.50M | $264.0K |
YoY Change | 2168.81% | 9559.09% | -75.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $38.59M | $14.30M | $4.995M |
Total Long-Term Liabilities | $4.583M | $25.50M | $264.0K |
Total Liabilities | $70.58M | $62.70M | $28.49M |
YoY Change | 120.96% | 120.07% | 53.99% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$227.8M | -$160.0M | |
YoY Change | 27.9% | 19.89% | |
Common Stock | $49.00K | $47.00K | |
YoY Change | 4.26% | 6.82% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $36.63M | $35.34M | $55.88M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $145.4M | $98.10M | $83.70M |
YoY Change | 67.41% | 17.21% | -7.92% |
Cashflow Statement
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$12.98M | -$12.48M | -$6.175M |
YoY Change | -28.52% | 102.07% | 31.08% |
Depreciation, Depletion And Amortization | $200.0K | $82.00K | $5.000K |
YoY Change | 3233.33% | 1540.0% | -16.67% |
Cash From Operating Activities | -$8.820M | -$7.380M | -$6.160M |
YoY Change | -41.86% | 19.81% | 53.23% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.460M | -$2.160M | -$50.00K |
YoY Change | 3550.0% | 4220.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.620M | -$2.060M | -$1.700M |
YoY Change | -131.95% | 21.18% | 466.67% |
Cash From Investing Activities | $2.160M | -$4.220M | -$1.750M |
YoY Change | -119.0% | 141.14% | 483.33% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 17.86M | 1.520M | 30.00K |
YoY Change | 61.34% | 4966.67% | -76.92% |
NET CHANGE | |||
Cash From Operating Activities | -8.820M | -7.380M | -6.160M |
Cash From Investing Activities | 2.160M | -4.220M | -1.750M |
Cash From Financing Activities | 17.86M | 1.520M | 30.00K |
Net Change In Cash | 11.20M | -10.08M | -7.880M |
YoY Change | -172.4% | 27.92% | 88.07% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.820M | -$7.380M | -$6.160M |
Capital Expenditures | -$1.460M | -$2.160M | -$50.00K |
Free Cash Flow | -$7.360M | -$5.220M | -$6.110M |
YoY Change | -51.35% | -14.57% | 51.99% |
Facts In Submission
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|
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|
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|
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Minority Interest
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Percentage Of Outstanding Stock To Be Issued Upon Exercise Of Warrants
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Equity Method Investments Fair Value Disclosure
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Long Term Debt
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Long Term Debt
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Debt Instrument Unamortized Discount
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Accrued Salaries Current
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Accrued Research And Development Expenses
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Accrued Research And Development Expenses
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|
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Other Short Term Liabilities Related To Manufacturing Rights
OtherShortTermLiabilitiesRelatedToManufacturingRights
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Other Short Term Liabilities Related To Manufacturing Rights
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Accrued Expenses Releted To Dr Falk Pharma Milestone
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|
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Net Income Loss Attributable To Noncontrolling Interest
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap |
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Employee Stock Purchase Plan Offering Fair Value Reckoning Percentage
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Employee Stock Purchase Plan Compensation Expense Recognized
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Costs And Expenses Related Party
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Prepaid Rent
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|
199000 | USD |
fbio |
Lease Sharing Agreements Contributions To Property Under Lease
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4500000 | USD | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
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false | ||
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Document Period End Date
DocumentPeriodEndDate
|
2016-06-30 | ||
dei |
Document Fiscal Year Focus
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|
2016 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Fortress Biotech, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001429260 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
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Accelerated Filer | ||
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Trading Symbol
TradingSymbol
|
FBIO | ||
CY2016Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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48668630 | shares |
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
967000 | USD |
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Accounts Receivable Net Current
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0 | USD |
CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
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100000 | USD |
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Inventory Net
InventoryNet
|
0 | USD |
CY2016Q2 | us-gaap |
Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
|
1000000 | USD |
CY2015Q4 | us-gaap |
Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
|
0 | USD |
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;TEXT-INDENT: 27.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 27.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company’s unaudited condensed consolidated financial statements include certain amounts that are based on management’s best estimates and judgments. The Company’s significant estimates include, but are not limited to, useful lives assigned to long-lived assets, fair value measurements, stock-based compensation, common stock issued to acquire licenses, investments, accrued expenses, provisions for income taxes and contingencies. Due to the uncertainty inherent in such estimates, actual results may differ from these estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
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Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
981000 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
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|
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Sales Revenue Goods Net
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Sales Revenue Goods Net
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|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48668630 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48668630 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
47147032 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
47147032 | shares |
CY2016Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
324000 | USD |
CY2015Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
0 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
324000 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
0 | USD | |
us-gaap |
Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
|
1700000 | USD | |
CY2016Q2 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
500000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
74000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11000 | USD | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
0 | USD | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
167000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
423000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
84000 | USD | |
us-gaap |
Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
|
21000 | USD | |
us-gaap |
Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
|
0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5889000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3395000 | USD | |
fbio |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
-48000 | USD | |
fbio |
Issuance Of Common Stock For License Expenses
IssuanceOfCommonStockForLicenseExpenses
|
0 | USD | |
us-gaap |
Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
|
249000 | USD | |
us-gaap |
Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
2095000 | USD | |
us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
8629000 | USD | |
us-gaap |
Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
|
0 | USD | |
us-gaap |
Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
|
-2000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
100000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
967000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | USD | |
us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
2414000 | USD | |
us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
42000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-195000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
253000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3571000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
920000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-1000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-2000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3122000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-624000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-19019000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-8073000 | USD | |
fbio |
Payment For Research And Development Licenses
PaymentForResearchAndDevelopmentLicenses
|
2095000 | USD | |
fbio |
Payment For Research And Development Licenses
PaymentForResearchAndDevelopmentLicenses
|
8629000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4300000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
49000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
350000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1250000 | USD | |
us-gaap |
Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
|
1000 | USD | |
us-gaap |
Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
175000 | USD | |
us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
108000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-6921000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-10036000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
216000 | USD | |
fbio |
Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
|
81000 | USD | |
fbio |
Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
|
26000 | USD | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
570000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
49000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
2792000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
10000000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
855000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1000000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
150000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-906000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
9387000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-26846000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-8722000 | USD | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
49759000 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
41037000 | USD |
us-gaap |
Interest Paid
InterestPaid
|
158000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
80000 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
2000 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1000 | USD | |
CY2016Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1998000 | USD |
CY2015Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
727000 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
83699000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
3884000 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1300000 | USD | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
1099000 | USD | |
CY2015Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
2599000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
-1719000 | USD | |
CY2016Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
2068000 | USD |
CY2014Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
4160000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
1407000 | USD | |
CY2015Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
5567000 | USD |
CY2016Q2 | fbio |
Accrued Cost Of Good Sold
AccruedCostOfGoodSold
|
309000 | USD |
CY2015Q4 | fbio |
Accrued Cost Of Good Sold
AccruedCostOfGoodSold
|
0 | USD |
CY2016Q2 | fbio |
Lease Impairment Current
LeaseImpairmentCurrent
|
146000 | USD |
CY2015Q4 | fbio |
Lease Impairment Current
LeaseImpairmentCurrent
|
146000 | USD |
CY2016Q2 | fbio |
Deferred Rent And Long Term Lease Abandonment Non Current
DeferredRentAndLongTermLeaseAbandonmentNonCurrent
|
3706000 | USD |
CY2015Q4 | fbio |
Deferred Rent And Long Term Lease Abandonment Non Current
DeferredRentAndLongTermLeaseAbandonmentNonCurrent
|
584000 | USD |
us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.12 | pure | |
CY2016Q2 | fbio |
Reimbursement Of Transaction Expenses
ReimbursementOfTransactionExpenses
|
800000 | USD |
CY2016Q2 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
21000 | USD |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
84000 | USD | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
2.10 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
25000 | shares | |
fbio |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedIntrinsicValue
|
0 | USD | |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
88000 | USD | |
fbio |
Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
|
16000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
81000 | USD | |
fbio |
Proceeds From Issuance Of At Market Offering
ProceedsFromIssuanceOfAtMarketOffering
|
434000 | USD | |
fbio |
Proceeds From Issuance Of At Market Offering
ProceedsFromIssuanceOfAtMarketOffering
|
0 | USD | |
CY2015Q1 | fbio |
Agreement Description Terms
AgreementDescriptionTerms
|
(i) issue annually to the Company, on the anniversary date of the Founders Agreement, shares of common stock equal to 2.5% of the fully-diluted outstanding equity of Checkpoint at the time of issuance; (ii) pay an equity fee in shares of common stock, payable within five (5) business days of the closing of any equity or debt financing for Checkpoint or any of its subsidiaries that occurs after the effective date of the Founders Agreement and ending on the date when the Company no longer has majority voting control in Checkpoints voting equity, equal to 2.5% of the gross amount of any such equity or debt financing; and (iii) pay a cash fee equal to 4.5% of Checkpoints annual net sales, payable on an annual basis, within ninety (90) days of the end of each calendar year. In the event of a change in control (as it is defined in the Founders Agreement), Checkpoint will pay a one-time change in control fee equal to five times (5x) the product of (i) net sales for the twelve (12) months immediately preceding the change in control and (ii) four and one-half percent (4.5%). | |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
10000 | shares |
CY2016Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
150556 | shares |
CY2016Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
49000 | USD |
CY2016Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
400000 | USD |
CY2016Q2 | fbio |
Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
|
30000 | USD |
fbio |
Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
|
56000 | USD | |
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
33958 | shares | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2230000 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
0 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2890000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
500000 | USD | |
CY2016Q2 | us-gaap |
Gross Profit
GrossProfit
|
1906000 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
0 | USD |
us-gaap |
Gross Profit
GrossProfit
|
2566000 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
500000 | USD | |
CY2015Q1 | fbio |
Agreement Description Terms
AgreementDescriptionTerms
|
(i) issue annually to the Company, on the anniversary date of the Founders Agreement, shares of common stock equal to two and one half percent (2.5%) of the fully-diluted outstanding equity of Avenue at the time of issuance; (ii) pay an equity fee in shares of Avenue common stock, payable within five (5) business days of the closing of any equity or debt financing for Avenue or any of its respective subsidiaries that occurs after the effective date of the Founders Agreement and ending on the date when Fortress no longer has majority voting control in Avenues voting equity, equal to two and one half percent (2.5%) of the gross amount of any such equity or debt financing; and (iii) pay a cash fee equal to four and one half percent (4.5%) of Avenues annual net sales, payable on an annual basis, within ninety (90) days of the end of each calendar year. In the event of a change in control (as it is defined in the Founders Agreement), the Company will pay a one-time change in control fee equal to five (5x) times the product of (i) monthly net sales for the twelve (12) months immediately preceding the change in control and (ii) four and one-half percent (4.5%). | |
CY2015Q1 | fbio |
Agreement Description Terms
AgreementDescriptionTerms
|
(i) issue annually to the Company, on the anniversary date of the Founders Agreement, shares of common stock equal to two and one half percent (2.5%) of the fully-diluted outstanding equity of Helocyte at the time of issuance; (ii) pay an equity fee in shares of Helocyte common stock, payable within five (5) business days of the closing of any equity or debt financing for Helocyte or any of its respective subsidiaries that occurs after the effective date of the Founders Agreement and ending on the date when Fortress no longer has majority voting control in Helocytes voting equity, equal to two and one half percent (2.5%) of the gross amount of any such equity or debt financing; and (iii) pay a cash fee equal to four and one half percent (4.5%) of Helocytes annual net sales, payable on an annual basis, within ninety (90) days of the end of each calendar year. In the event of a change in control (as it is defined in the Founders Agreement), the Company will pay a one-time change in control fee equal to five (5x) times the product of (i) monthly net sales for the twelve (12) months immediately preceding the change in control and (ii) four and one-half percent (4.5%). | |
CY2015Q1 | fbio |
Agreement Description Terms
AgreementDescriptionTerms
|
(i) pay an equity fee in shares of common stock, payable within five (5) business days of the closing of any equity or debt financing for Mustang or any of its respective subsidiaries that occurs after the effective date of the Founders Agreement and ending on the date when the Company no longer has majority voting control in Mustangs voting equity, equal to two and one-half (2.5%) of the gross amount of any such equity or debt financing; and (ii) pay a cash fee equal to four and one-half percent (4.5%) of Mustangs annual net sales, payable on an annual basis, within ninety (90) days of the end of each calendar year. In the event of a change in control, Mustang will pay a one-time change in control fee equal to five (5x) times the product of (A) monthly net sales for the twelve (12) months immediately preceding the change in control and (B) four and one-half percent (4.5%). | |
us-gaap |
Stock Issued1
StockIssued1
|
48000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
0 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
99000 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD |