2016 Q4 Form 10-Q Financial Statement

#000114420416132800 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $14.41M $975.0K $25.00K
YoY Change 4161.83% 3800.0%
Cost Of Revenue $430.0K $41.00K $0.00
YoY Change
Gross Profit $12.19M $934.0K $25.00K
YoY Change 3636.0%
Gross Profit Margin 84.62% 95.79% 100.0%
Selling, General & Admin $8.590M $8.864M $8.079M
YoY Change 19.14% 9.72% 194.85%
% of Gross Profit 70.47% 949.04% 32316.0%
Research & Development $10.58M $7.316M $9.073M
YoY Change 83.68% -19.37% 463.89%
% of Gross Profit 86.79% 783.3% 36292.0%
Depreciation & Amortization $830.0K $200.0K $6.000K
YoY Change 8200.0% 3233.33% 0.0%
% of Gross Profit 6.81% 21.41% 24.0%
Operating Expenses $31.42M $17.22M $18.10M
YoY Change 142.44% -4.84% 316.41%
Operating Profit -$32.22M -$17.18M -$18.10M
YoY Change 148.51% -5.07% 316.41%
Interest Expense -$2.000M $689.0K $350.0K
YoY Change -18.37% 96.86% 189.26%
% of Operating Profit
Other Income/Expense, Net -$710.0K -$1.783M
YoY Change -60.18% 624.8%
Pretax Income -$21.30M -$16.96M -$19.86M
YoY Change 41.25% -14.6% 332.68%
Income Tax
% Of Pretax Income
Net Earnings -$17.43M -$12.98M -$18.16M
YoY Change 44.82% -28.52% 295.49%
Net Earnings / Revenue -121.01% -1331.38% -72644.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$433.7K -$323.4K -$460.8K
COMMON SHARES
Basic Shares Outstanding 48.88M shares 48.67M shares 46.83M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $90.70M $84.70M $69.61M
YoY Change -7.64% 21.68% -2.78%
Cash & Equivalents $105.2M $82.54M $25.56M
Short-Term Investments $2.400M $2.200M $44.05M
Other Short-Term Assets $10.10M $5.600M $1.100M
YoY Change 531.25% 409.09% 175.0%
Inventory $203.0K $123.0K
Prepaid Expenses
Receivables $1.830M $5.007M
Other Receivables $6.900M $3.200M
Total Short-Term Assets $109.6M $98.60M $66.60M
YoY Change 9.7% 48.05% -7.59%
LONG-TERM ASSETS
Property, Plant & Equipment $7.376M $1.164M $100.0K
YoY Change 2287.06% 1064.0% 72.41%
Goodwill $18.65M $21.74M
YoY Change
Intangibles
YoY Change
Long-Term Investments $300.0K $250.0K $250.0K
YoY Change 20.0% 0.0% -16.67%
Other Assets $394.0K $48.00K $14.80M
YoY Change 816.28% -99.68% 8076.8%
Total Long-Term Assets $61.10M $46.82M $20.26M
YoY Change 227.19% 131.06% 27.17%
TOTAL ASSETS
Total Short-Term Assets $109.6M $98.60M $66.60M
Total Long-Term Assets $61.10M $46.82M $20.26M
Total Assets $170.7M $145.4M $86.86M
YoY Change 43.94% 67.41% -1.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.30M $21.80M $1.287M
YoY Change 1200.86% 1593.86% 286.49%
Accrued Expenses $10.08M $8.605M $7.137M
YoY Change 17.64% 20.57% 123.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M
YoY Change
Total Short-Term Liabilities $56.57M $38.59M $8.450M
YoY Change 434.69% 356.72% 137.56%
LONG-TERM LIABILITIES
Long-Term Debt $26.20M $27.40M $23.30M
YoY Change 12.93% 17.6% 66.43%
Other Long-Term Liabilities $5.014M $4.583M $202.0K
YoY Change 758.56% 2168.81% -74.53%
Total Long-Term Liabilities $5.014M $4.583M $202.0K
YoY Change 758.56% 2168.81% -82.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.57M $38.59M $8.450M
Total Long-Term Liabilities $5.014M $4.583M $202.0K
Total Liabilities $87.76M $70.58M $31.94M
YoY Change 155.59% 120.96% 70.39%
SHAREHOLDERS EQUITY
Retained Earnings -$245.3M -$227.8M -$178.1M
YoY Change 28.97% 27.9% 29.06%
Common Stock $49.00K $49.00K $47.00K
YoY Change 4.26% 4.26% 6.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.50M $36.63M $53.60M
YoY Change
Total Liabilities & Shareholders Equity $170.7M $145.4M $86.86M
YoY Change 43.94% 67.41% -1.3%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$17.43M -$12.98M -$18.16M
YoY Change 44.82% -28.52% 295.49%
Depreciation, Depletion And Amortization $830.0K $200.0K $6.000K
YoY Change 8200.0% 3233.33% 0.0%
Cash From Operating Activities -$17.97M -$8.820M -$15.17M
YoY Change -728.32% -41.86% 457.72%
INVESTING ACTIVITIES
Capital Expenditures -$610.0K -$1.460M -$40.00K
YoY Change 221.05% 3550.0%
Acquisitions
YoY Change
Other Investing Activities -$690.0K $3.620M -$11.33M
YoY Change -102.34% -131.95% 22560.0%
Cash From Investing Activities -$1.300M $2.160M -$11.37M
YoY Change -104.44% -119.0% 22640.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 25.96M 17.86M 11.07M
YoY Change -35.84% 61.34% -868.75%
NET CHANGE
Cash From Operating Activities -17.97M -8.820M -15.17M
Cash From Investing Activities -1.300M 2.160M -11.37M
Cash From Financing Activities 25.96M 17.86M 11.07M
Net Change In Cash 6.690M 11.20M -15.47M
YoY Change -90.79% -172.4% 267.46%
FREE CASH FLOW
Cash From Operating Activities -$17.97M -$8.820M -$15.17M
Capital Expenditures -$610.0K -$1.460M -$40.00K
Free Cash Flow -$17.36M -$7.360M -$15.13M
YoY Change -669.18% -51.35% 456.25%

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us-gaap Depreciation
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us-gaap Depreciation
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250000 USD
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us-gaap Employee Benefits And Share Based Compensation
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fbio Employee Stock Purchase Plan Compensation Expense Recognized
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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810000 USD
CY2016Q3 fbio Other Short Term Liabilities Related To Manufacturing Rights
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750000 USD
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1500000 USD
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CY2016Q3 fbio Accrued Expenses Releted To Dr Falk Pharma Milestone
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2802000 USD
CY2015Q4 fbio Accrued Expenses Releted To Dr Falk Pharma Milestone
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2717000 USD
CY2016Q3 fbio Accrued Cost Of Good Sold
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301000 USD
CY2015Q4 fbio Accrued Cost Of Good Sold
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0 USD
CY2016Q3 fbio Lease Impairment Current
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95000 USD
CY2015Q4 fbio Lease Impairment Current
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146000 USD
CY2016Q3 fbio Deferred Rent And Long Term Lease Abandonment Non Current
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dei Document Type
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dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2016-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
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
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Accelerated Filer
dei Trading Symbol
TradingSymbol
FBIO
CY2016Q4 dei Entity Common Stock Shares Outstanding
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0 USD
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1607000 USD
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CY2016Q3 us-gaap Goodwill
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CY2016Q3 us-gaap Other Assets Noncurrent
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48000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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us-gaap Use Of Estimates
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<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"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Use of Estimates</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 29.7pt; 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;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company&#8217;s unaudited condensed consolidated financial statements include certain amounts that are based on management&#8217;s best estimates and judgments. The Company&#8217;s significant estimates include, but are not limited to, useful lives assigned to long-lived and intangible assets, fair value measurements, stock-based compensation, common stock issued to acquire licenses, investments, accrued expenses, derivative warrant liabilities, provisions for income taxes and contingencies. Due to the uncertainty inherent in such estimates, actual results may 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>
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fbio Issuance Of Common Stock For At Market Offering
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fbio Adjustments To Additional Paid In Capital At Market Offering Costs
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments For Repurchase Of Initial Public Offering
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920000 USD
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21822000 USD
CY2016Q3 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
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CY2016Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
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22872000 USD
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105000 USD
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28000 USD
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54000 USD
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us-gaap Interest And Debt Expense
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54000 USD
us-gaap Interest And Debt Expense
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1462000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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us-gaap Interest Expense Debt
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us-gaap Interest Paid
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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84000 USD
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CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
0 USD
fbio Non Cash Or Part Noncash Acquisition Beneficial Conversion Feature Related To Opus Credit Facility
NonCashOrPartNoncashAcquisitionBeneficialConversionFeatureRelatedToOpusCreditFacility
1881000 USD
fbio Non Cash Or Part Noncash Acquisition Beneficial Conversion Feature Related To Opus Credit Facility
NonCashOrPartNoncashAcquisitionBeneficialConversionFeatureRelatedToOpusCreditFacility
0 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
84000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Remainder Of Fiscal Year Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYearNetOfSubleaseIncome
2931000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due In Two Years Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueInTwoYearsNetOfSubleaseIncome
2253000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due In Three Years Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueInThreeYearsNetOfSubleaseIncome
1462000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due In Four Years Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueInFourYearsNetOfSubleaseIncome
1298000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due In Five Years Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueInFiveYearsNetOfSubleaseIncome
1004000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due Thereafter Net Of Sublease Inocome
OperatingLeasesFutureMinimumPaymentsDueThereafterNetOfSubleaseInocome
2062000 USD
CY2016Q3 fbio Operating Leases Future Minimum Payments Due Net Of Sublease Income
OperatingLeasesFutureMinimumPaymentsDueNetOfSubleaseIncome
11010000 USD
fbio Non Cash Or Part Noncash Acquisition Goodwill
NonCashOrPartNoncashAcquisitionGoodwill
-21739000 USD
fbio Non Cash Or Part Noncash Acquisition Goodwill
NonCashOrPartNoncashAcquisitionGoodwill
0 USD
us-gaap Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
-4889000 USD
us-gaap Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
0 USD
fbio Noncash Or Part Noncash Acquisition Cash Deposits With Claening Organisations
NoncashOrPartNoncashAcquisitionCashDepositsWithClaeningOrganisations
-1030000 USD
fbio Noncash Or Part Noncash Acquisition Cash Deposits With Claening Organisations
NoncashOrPartNoncashAcquisitionCashDepositsWithClaeningOrganisations
0 USD
fbio Noncash Or Part Noncash Acquisition Receivables From Brokerdealers And Clearing Organizations
NoncashOrPartNoncashAcquisitionReceivablesFromBrokerdealersAndClearingOrganizations
-1607000 USD
fbio Noncash Or Part Noncash Acquisition Receivables From Brokerdealers And Clearing Organizations
NoncashOrPartNoncashAcquisitionReceivablesFromBrokerdealersAndClearingOrganizations
0 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
-2178000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
-1985000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
-1132000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
fbio Non Cash Or Part Noncash Acquisition Restricted Cash
NonCashOrPartNoncashAcquisitionRestrictedCash
-353000 USD
fbio Non Cash Or Part Noncash Acquisition Restricted Cash
NonCashOrPartNoncashAcquisitionRestrictedCash
0 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
-6079000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Employee Benefit Liabilities Assumed1
NoncashOrPartNoncashAcquisitionEmployeeBenefitLiabilitiesAssumed1
-14029000 USD
us-gaap Noncash Or Part Noncash Acquisition Employee Benefit Liabilities Assumed1
NoncashOrPartNoncashAcquisitionEmployeeBenefitLiabilitiesAssumed1
0 USD
fbio Non Cash Or Part Noncash Acquisition Non Controlling Interests
NonCashOrPartNoncashAcquisitionNonControllingInterests
17717000 USD
fbio Non Cash Or Part Noncash Acquisition Non Controlling Interests
NonCashOrPartNoncashAcquisitionNonControllingInterests
0 USD
CY2016Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 fbio Change In Fair Value Of Subsidiary Convertible Note
ChangeInFairValueOfSubsidiaryConvertibleNote
0 USD
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 Mustang&#8217;s 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 Mustang&#8217;s 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%).
CY2016Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
47317000 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
42360000 USD
CY2016Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-12962000 USD
CY2016Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.32
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 Helocyte&#8217;s 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 Helocyte&#8217;s 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 2.5%&#160; 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 Checkpoint&#8217;s 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 Checkpoint&#8217;s 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%).
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 Avenue&#8217;s 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 Avenue&#8217;s 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%).
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
4626000 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
fbio Cash And Cash Equivalents Acquired From Business Combination
CashAndCashEquivalentsAcquiredFromBusinessCombination
27498000 USD
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
22872000 USD
CY2016Q3 fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
30000 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
33958 shares
CY2016Q3 fbio Class Of Warrant Or Right Discount On Warrant
ClassOfWarrantOrRightDiscountOnWarrant
1.9 USD
CY2015Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-17797000 USD
CY2016Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.32
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.45
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2016Q3 us-gaap Contractual Obligation
ContractualObligation
1900000 USD
CY2016Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
1100000 USD
CY2016Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
800000 USD
CY2016Q3 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
1007000 USD
CY2015Q4 us-gaap Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
-707000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
fbio Noncash Or Part Noncash Acquisition Deferred Clearing And Marketing Credits Assumed
NoncashOrPartNoncashAcquisitionDeferredClearingAndMarketingCreditsAssumed
0 USD
fbio Noncash Or Part Noncash Acquisition Deferred Clearing And Marketing Credits Assumed
NoncashOrPartNoncashAcquisitionDeferredClearingAndMarketingCreditsAssumed
-1007000 USD
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13644367 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10154952 shares
CY2016Q3 fbio Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accrued Compensation Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccruedCompensationPayable
14029000 USD
CY2016Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
707000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
126976000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-34985000 USD
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.90
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.90
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
131862000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-37355000 USD
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.94
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.94
CY2015Q4 us-gaap Payments To Acquire In Process Research And Development
PaymentsToAcquireInProcessResearchAndDevelopment
200000 USD
CY2015Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.45
fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
56000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
707000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
0 USD

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