2016 Q2 Form 10-Q Financial Statement
#000105572616000062 Filed on August 08, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
Revenue | $6.204M | $5.287M |
YoY Change | 17.35% | 39.06% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $5.800M | $4.720M |
YoY Change | 22.88% | 8.51% |
% of Gross Profit | ||
Research & Development | $19.63M | $16.69M |
YoY Change | 17.63% | 73.71% |
% of Gross Profit | ||
Depreciation & Amortization | $790.0K | $460.0K |
YoY Change | 71.74% | 27.78% |
% of Gross Profit | ||
Operating Expenses | $24.43M | $20.41M |
YoY Change | 19.72% | 46.24% |
Operating Profit | -$18.23M | -$15.12M |
YoY Change | 20.55% | 48.92% |
Interest Expense | -$480.0K | $8.960M |
YoY Change | -105.36% | -1700.0% |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$18.70M | -$6.162M |
YoY Change | 203.53% | -42.52% |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$18.70M | -$6.248M |
YoY Change | 199.36% | -41.67% |
Net Earnings / Revenue | -301.5% | -118.19% |
Basic Earnings Per Share | -$0.26 | -$0.09 |
Diluted Earnings Per Share | -$0.26 | -$0.09 |
COMMON SHARES | ||
Basic Shares Outstanding | 72.96M shares | 67.66M shares |
Diluted Shares Outstanding | 72.96M shares | 67.84M shares |
Balance Sheet
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $134.5M | $154.6M |
YoY Change | -13.0% | 41.97% |
Cash & Equivalents | $28.45M | $70.30M |
Short-Term Investments | $106.1M | $84.30M |
Other Short-Term Assets | $3.100M | $1.900M |
YoY Change | 63.16% | 58.33% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $10.37M | $5.609M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $148.0M | $162.1M |
YoY Change | -8.74% | 43.56% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $8.701M | $5.497M |
YoY Change | 58.27% | 20.83% |
Goodwill | $10.51M | $10.11M |
YoY Change | 3.96% | 0.0% |
Intangibles | $8.449M | $4.333M |
YoY Change | 94.98% | -17.32% |
Long-Term Investments | $5.300M | $0.00 |
YoY Change | ||
Other Assets | $1.326M | $581.3K |
YoY Change | 128.15% | 17.82% |
Total Long-Term Assets | $56.02M | $39.56M |
YoY Change | 41.59% | 35.44% |
TOTAL ASSETS | ||
Total Short-Term Assets | $148.0M | $162.1M |
Total Long-Term Assets | $56.02M | $39.56M |
Total Assets | $204.0M | $201.7M |
YoY Change | 1.13% | 41.89% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $13.30M | $9.500M |
YoY Change | 40.0% | 58.33% |
Accrued Expenses | $5.006M | $2.546M |
YoY Change | 96.6% | 48.16% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $35.49M | $14.52M |
YoY Change | 144.46% | 25.13% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $6.200M | $5.700M |
YoY Change | 8.77% | -29.63% |
Total Long-Term Liabilities | $6.200M | $5.700M |
YoY Change | 8.77% | -29.63% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $35.49M | $14.52M |
Total Long-Term Liabilities | $6.200M | $5.700M |
Total Liabilities | $41.90M | $20.75M |
YoY Change | 101.95% | 4.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$387.8M | -$348.7M |
YoY Change | 11.21% | 9.9% |
Common Stock | $73.48K | $71.81K |
YoY Change | 2.33% | 19.05% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $162.0M | $180.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $204.0M | $201.7M |
YoY Change | 1.13% | 41.89% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$18.70M | -$6.248M |
YoY Change | 199.36% | -41.67% |
Depreciation, Depletion And Amortization | $790.0K | $460.0K |
YoY Change | 71.74% | 27.78% |
Cash From Operating Activities | -$13.27M | -$9.020M |
YoY Change | 47.12% | 10.67% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$2.720M | -$640.0K |
YoY Change | 325.0% | -9.86% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $340.0K | -$28.65M |
YoY Change | -101.19% | 1151.09% |
Cash From Investing Activities | -$2.380M | -$29.29M |
YoY Change | -91.87% | 879.6% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $1.300M | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 2.480M | 82.47M |
YoY Change | -96.99% | 8962.64% |
NET CHANGE | ||
Cash From Operating Activities | -13.27M | -9.020M |
Cash From Investing Activities | -2.380M | -29.29M |
Cash From Financing Activities | 2.480M | 82.47M |
Net Change In Cash | -13.17M | 44.16M |
YoY Change | -129.82% | -531.67% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$13.27M | -$9.020M |
Capital Expenditures | -$2.720M | -$640.0K |
Free Cash Flow | -$10.55M | -$8.380M |
YoY Change | 25.89% | 12.63% |
Facts In Submission
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Q2 | ||
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2016 | ||
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2016-06-30 | ||
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10-Q | ||
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CY2016Q2 | us-gaap |
Cost Method Investments Fair Value Disclosure
CostMethodInvestmentsFairValueDisclosure
|
5309488 | USD |
CY2015Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
380629 | USD |
CY2016Q2 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
391913 | USD |
CY2015Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
5485313 | USD |
CY2016Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
5576953 | USD |
CY2015Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
13449768 | USD |
CY2016Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
14502626 | USD |
CY2015Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
103074 | USD |
CY2016Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
374043 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
175642 | USD |
CY2016Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
175642 | USD |
us-gaap |
Depreciation
Depreciation
|
451386 | USD | |
us-gaap |
Depreciation
Depreciation
|
827327 | USD | |
CY2015Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
165047 | USD |
CY2016Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
600969 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.09 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.37 | ||
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.09 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.37 | ||
CY2016Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
7800000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y1M0D | ||
CY2015Q2 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.2 | |
CY2016Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
5300000 | USD |
CY2014Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
us-gaap |
Fair Value Assumptions Expected Dividend Payments
FairValueAssumptionsExpectedDividendPayments
|
0 | ||
us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P2Y2M15D | ||
us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.63 | ||
us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0058 | ||
CY2015Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
23000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
313000 | USD | |
CY2016Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
108000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
514000 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
15712013 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
16268567 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
3100000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
821000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
547000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1100000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1300000 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1600000 | USD |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
270785 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
19617873 | USD |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-2895227 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1323827 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3032891 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
539055 | USD | |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
24717873 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3905860 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8449306 | USD |
CY2015Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1000000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1000000 | USD | |
CY2016Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1000000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1000000 | USD | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
1000000 | USD | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
1000000 | USD | |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4718260 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8826188 | USD | |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5799530 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11171143 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
10113371 | USD |
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
10513371 | USD |
CY2015Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
10113371 | USD |
CY2016Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
10513371 | USD |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-505047 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-247009 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
3388610 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
435922 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2804638 | USD | |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
182763 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
177995 | shares | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3905860 | USD |
CY2016Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8449306 | USD |
CY2015Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
146332 | USD |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
284608 | USD | |
CY2016Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
341131 | USD |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
674201 | USD | |
CY2015Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
14941277 | USD |
CY2016Q2 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
21716728 | USD |
CY2015Q2 | us-gaap |
Lease Incentive Receivable
LeaseIncentiveReceivable
|
0 | USD |
CY2016Q2 | us-gaap |
Lease Incentive Receivable
LeaseIncentiveReceivable
|
134500 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
37907806 | USD |
CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
41895516 | USD |
us-gaap |
Licenses Revenue
LicensesRevenue
|
3686845 | USD | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
213840859 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
203985449 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
31466406 | USD |
CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
35494684 | USD |
CY2015Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
4335236 | USD |
us-gaap |
Licenses Revenue
LicensesRevenue
|
8580807 | USD | |
CY2016Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
1889988 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
245828 | USD |
CY2016Q2 | us-gaap |
Minority Interest
MinorityInterest
|
96269 | USD |
CY2015Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.15 | |
CY2016Q2 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.15 | |
CY2015Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.91 | |
CY2014Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.85 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
82465042 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2547222 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31621511 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2719611 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-21089939 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29009931 | USD | |
us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
1000000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6248250 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-16830029 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18704711 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26747531 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
85861 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
84769 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6270977 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-17142529 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-18704711 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-26747531 | USD | |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
20406771 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
33941019 | USD | |
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
24430331 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
47991104 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15120093 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-23487704 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18226540 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-33677158 | USD | |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
17823000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1939000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1897000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1668000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1696000 | USD |
CY2016Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
861000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
676803 | USD |
CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1326317 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-132670 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-72802 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
322767 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
542448 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1200000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1173024 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2196896 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
35193487 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
27985410 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
0 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
149559 | USD | |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
917257 | USD |
CY2016Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1188042 | USD |
CY2015Q2 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
81900000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
81902363 | USD | |
CY2016Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1300000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1301435 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
3745000 | USD | |
us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
1000000 | USD | |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-18704711 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-26747531 | USD | |
CY2016Q2 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
11.12 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.47 | ||
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
27662695 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
562679 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1395346 | USD | |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-6162389 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-16745260 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7306695 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8700628 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
16688511 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
26114831 | USD | |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
19630801 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
37819961 | USD | |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-361097896 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-387845427 | USD |
CY2015Q2 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
784775 | USD |
us-gaap |
Revenue From Grants
RevenueFromGrants
|
1593341 | USD | |
CY2016Q2 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
3814083 | USD |
us-gaap |
Revenue From Grants
RevenueFromGrants
|
9990381 | USD | |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
5286678 | USD |
us-gaap |
Revenues
Revenues
|
10453315 | USD | |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
6203791 | USD |
us-gaap |
Revenues
Revenues
|
14313946 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3773134 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5251166 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
5.02 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.62 | ||
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.07 | |
CY2015Q2 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
8.00 | |
CY2015Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
105357277 | USD |
CY2016Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
106082989 | USD |
CY2015Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
10925000 | shares |
CY2016Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
119400 | shares |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
119400.0 | shares | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
175687225 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
161993664 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
175933053 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
162089933 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
-241708 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
31783 | USD | |
CY2016Q2 | us-gaap |
Tenant Improvements
TenantImprovements
|
1100000 | USD |
CY2015Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
1301138 | USD |
CY2016Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
1815343 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67838738 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
64376523 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72957159 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72591986 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67655975 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
64198528 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72957159 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72591986 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:4px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Operations</font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> Inovio Pharmaceuticals, Inc. (the “Company” or “Inovio”), a clinical stage biopharmaceutical company, develops active DNA immunotherapies and vaccines in combination with proprietary electroporation delivery devices to prevent and treat cancers and infectious diseases.  Inovio’s synthetic products are based on the Company’s SynCon</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> design.  The Company has completed, current or planned clinical programs of its proprietary SynCon</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">®</sup></font><font style="font-family:inherit;font-size:10pt;"> products for HPV-caused pre-cancers and cancers, influenza, prostate cancer, breast/lung/pancreatic cancer, hepatitis C virus (HCV), hepatitis B virus (HBV), HIV, Ebola, Middle East Respiratory Syndrome (MERS) and Zika virus.  The Company's partners and collaborators include MedImmune, LLC, F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc. (“Roche”), The Wistar Institute, University of Pennsylvania, GeneOne Life Science Inc. ("GeneOne"), Drexel University, National Microbiology Laboratory of the Public Health Agency of Canada, National Institute of Allergy and Infectious Diseases (“NIAID”), United States Military HIV Research Program (“USMHRP”), U.S. Army Medical Research Institute of Infectious Diseases (“USAMRIID”), HIV Vaccines Trial Network (“HVTN”),  and Defense Advanced Research Projects Agency (“DARPA”). Inovio is incorporated in Delaware.</font></div></div> |