2024 Q3 Form 10-Q Financial Statement
#000105572624000046 Filed on August 08, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $0.00 | $100.8K |
YoY Change | -100.0% | -55.41% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $8.614M | $10.21M |
YoY Change | -13.25% | -24.52% |
% of Gross Profit | ||
Research & Development | $18.73M | $23.09M |
YoY Change | 20.84% | -2.75% |
% of Gross Profit | ||
Depreciation & Amortization | $419.3K | $491.5K |
YoY Change | -34.48% | -35.88% |
% of Gross Profit | ||
Operating Expenses | $27.35M | $33.30M |
YoY Change | -23.91% | -10.65% |
Operating Profit | -$27.35M | -$33.20M |
YoY Change | -23.08% | -10.38% |
Interest Expense | $2.762M | $952.2K |
YoY Change | 781.0% | 203.76% |
% of Operating Profit | ||
Other Income/Expense, Net | -$579.8K | $7.571K |
YoY Change | -20416.01% | -100.53% |
Pretax Income | -$25.17M | -$32.24M |
YoY Change | -25.83% | -9.28% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$25.17M | -$32.24M |
YoY Change | -25.77% | -9.19% |
Net Earnings / Revenue | -31993.31% | |
Basic Earnings Per Share | -$0.89 | -$1.19 |
Diluted Earnings Per Share | -$0.89 | -$1.19 |
COMMON SHARES | ||
Basic Shares Outstanding | 25.96M shares | 25.91M shares |
Diluted Shares Outstanding | 28.14M shares | 27.20M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $84.80M | $110.4M |
YoY Change | -49.37% | -43.35% |
Cash & Equivalents | $21.69M | $34.39M |
Short-Term Investments | $63.12M | $76.03M |
Other Short-Term Assets | $4.617M | $5.366M |
YoY Change | -9.47% | 65.47% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $1.863M | $1.774M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $91.28M | $117.6M |
YoY Change | -47.77% | -42.17% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.092M | $4.511M |
YoY Change | -27.36% | -28.44% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $2.644M | $2.320M |
YoY Change | -11.86% | -16.56% |
Other Assets | $566.4K | $585.9K |
YoY Change | -6.43% | -12.14% |
Total Long-Term Assets | $15.78M | $16.24M |
YoY Change | -13.94% | -45.43% |
TOTAL ASSETS | ||
Total Short-Term Assets | $91.28M | $117.6M |
Total Long-Term Assets | $15.78M | $16.24M |
Total Assets | $107.1M | $133.8M |
YoY Change | -44.56% | -42.59% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.386M | $6.409M |
YoY Change | 38.09% | -38.12% |
Accrued Expenses | $18.11M | $19.97M |
YoY Change | -7.11% | -5.44% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% |
Total Short-Term Liabilities | $23.50M | $26.40M |
YoY Change | -46.24% | -49.17% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $10.02M | $10.66M |
YoY Change | -10.53% | -8.92% |
Total Long-Term Liabilities | $10.02M | $10.66M |
YoY Change | -10.53% | -8.92% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $23.50M | $26.40M |
Total Long-Term Liabilities | $10.02M | $10.66M |
Total Liabilities | $33.52M | $37.06M |
YoY Change | -38.99% | -41.79% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.700B | -$1.700B |
YoY Change | 6.25% | 6.25% |
Common Stock | $26.05K | $25.96K |
YoY Change | -90.34% | -90.32% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $73.54M | $96.74M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $107.1M | $133.8M |
YoY Change | -44.56% | -42.59% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$25.17M | -$32.24M |
YoY Change | -25.77% | -9.19% |
Depreciation, Depletion And Amortization | $419.3K | $491.5K |
YoY Change | -34.48% | -35.88% |
Cash From Operating Activities | -$27.44M | -$28.21M |
YoY Change | -5.73% | -12.7% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | $452.2K |
YoY Change | 1790.59% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $14.08M | $10.42M |
YoY Change | -355.96% | -80.68% |
Cash From Investing Activities | $14.08M | $9.966M |
YoY Change | -355.96% | -81.51% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 660.6K | 33.03M |
YoY Change | -5.62% | 1045.85% |
NET CHANGE | ||
Cash From Operating Activities | -27.44M | -28.21M |
Cash From Investing Activities | 14.08M | 9.966M |
Cash From Financing Activities | 660.6K | 33.03M |
Net Change In Cash | -12.70M | 14.79M |
YoY Change | -62.53% | -39.57% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$27.44M | -$28.21M |
Capital Expenditures | $0.00 | $452.2K |
Free Cash Flow | -$27.44M | -$28.66M |
YoY Change | -5.73% | -11.37% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Net Income Loss
NetIncomeLoss
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Net Income Loss
NetIncomeLoss
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Net Income Loss
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|
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us-gaap |
Net Income Loss
NetIncomeLoss
|
-76183850 | usd | |
CY2024Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.083333 | |
CY2024Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.083333 | |
CY2024Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
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|
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Operating Expenses
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Operating Income Loss
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Interest Income Operating
InterestIncomeOperating
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CY2023Q2 | us-gaap |
Interest Income Operating
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us-gaap |
Interest Income Operating
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Interest Income Operating
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us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
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Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2023Q2 | us-gaap |
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Earnings Per Share Basic
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|
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CY2024Q2 | us-gaap |
Earnings Per Share Diluted
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|
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CY2023Q2 | us-gaap |
Earnings Per Share Basic
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|
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CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
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Earnings Per Share Basic
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|
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Earnings Per Share Diluted
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|
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CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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|
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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Stockholders Equity
StockholdersEquity
|
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CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
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CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
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Net Income Loss
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|
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|
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|
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|
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StockholdersEquity
|
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|
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Net Income Loss
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Net Income Loss
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Depreciation
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Share Based Compensation
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ChangeInValueOfInvestmentsInAffiliatedCompany
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Change In Value Of Investments In Affiliated Company
ChangeInValueOfInvestmentsInAffiliatedCompany
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us-gaap |
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|
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Increase Decrease In Accrued Clinical Trial Expense
IncreaseDecreaseInAccruedClinicalTrialExpense
|
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Increase Decrease In Accrued Clinical Trial Expense
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|
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|
-458376 | usd | |
ino |
Increase Decrease In Operating Lease Right Of Use Asset Lease Liability Net
IncreaseDecreaseInOperatingLeaseRightOfUseAssetLeaseLiabilityNet
|
-1406066 | usd | |
ino |
Increase Decreasein Deferred Grant Funding Current
IncreaseDecreaseinDeferredGrantFundingCurrent
|
-87489 | usd | |
ino |
Increase Decreasein Deferred Grant Funding Current
IncreaseDecreaseinDeferredGrantFundingCurrent
|
1185913 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-56969306 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-68979134 | usd | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
29359747 | usd | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
106741680 | usd | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
85196528 | usd | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
173898007 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
487832 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
320898 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
6071000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
55348949 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
72906429 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
16415000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
16146397 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
22284801 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2915179 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
67675 | usd | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd | |
ino |
Proceeds From Payments For Stock Options Exercised And Exercise Of Warrants Net Of Tax Withholdings
ProceedsFromPaymentsForStockOptionsExercisedAndExerciseOfWarrantsNetOfTaxWithholdings
|
-414377 | usd | |
ino |
Proceeds From Payments For Stock Options Exercised And Exercise Of Warrants Net Of Tax Withholdings
ProceedsFromPaymentsForStockOptionsExercisedAndExerciseOfWarrantsNetOfTaxWithholdings
|
-456996 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
21669496 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2458183 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
32403 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-2294 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
20081542 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6383184 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14310862 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
46329359 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34392404 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
52712543 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
533487 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
533487 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
0 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
14000000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization and Operations<div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Inovio Pharmaceuticals, Inc. (the “Company” or “INOVIO”) is a clinical-stage biotechnology company focused on developing and commercializing DNA medicines to help treat and protect people from diseases associated with human papillomavirus (HPV), cancer, and infectious diseases. INOVIO's platform harnesses the power of in vivo protein production, featuring optimized design and delivery of DNA medicines that teach the body to manufacture its own disease-fighting tools. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">INOVIO uses proprietary technology to design DNA plasmids, which are small circular DNA molecules that work like software the body’s cells can download to produce specific proteins to target and fight disease. The Company's proprietary investigational CELLECTRA delivery devices are designed to optimally deliver the plasmids into the body's cells. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">INOVIO's lead candidate is INO-3107 for the treatment of recurrent respiratory papillomatosis (RRP), a life-long, rare disease of the respiratory tract caused by HPV infection. In its completed Phase 1/2 clinical trial of INO-3107 for the treatment of HPV-6 and HPV-11-associated RRP, 81.3% of patients experienced a reduction in the number of surgical interventions in the year following administration of INO-3107, when compared with the year prior to treatment. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to its development efforts with INO-3107, INOVIO is actively developing or planning to develop DNA medicines for other indications, including HPV-related oropharyngeal squamous cell carcinoma (OPSCC) and anal dysplasia; glioblastoma multiforme (GBM), a deadly form of brain cancer; and a potential vaccine booster to protect against the Ebola virus. The Company was previously conducting clinical trials of a DNA medicine candidate for the treatment of HPV-related cervical high-grade squamous intraepithelial lesions (HSIL) but announced in August 2023 that it was ceasing development for this indication in the United States. However, its collaborator ApolloBio Corporation continues to conduct a Phase 3 clinical trial of this candidate in China and plans to seek regulatory approval for and potentially commercialize the candidate in that jurisdiction. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's partners and collaborators include Advaccine Biopharmaceuticals Suzhou Co, ApolloBio Corporation, AstraZeneca, The Bill & Melinda Gates Foundation (Gates), Coalition for Epidemic Preparedness Innovations (CEPI), Coherus Biosciences, Defense Advanced Research Projects Agency (DARPA), The U.S. Department of Defense (DoD), HIV Vaccines Trial Network, International Vaccine Institute (IVI), Kaneka Eurogentec, National Cancer Institute (NCI), National Institutes of Health (NIH), National Institute of Allergy and Infectious Diseases (NIAID), Plumbline Life Sciences, Regeneron Pharmaceuticals, Richter-Helm BioLogics, Thermo Fisher Scientific, the University of Pennsylvania, the Walter Reed Army Institute of Research, and The Wistar Institute.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">INOVIO was incorporated in Delaware in June 2001 and has its principal executive offices in Plymouth Meeting, Pennsylvania.</span></div> | ||
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32200000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-62700000 | usd | |
CY2024Q2 | ino |
Working Capital
WorkingCapital
|
91200000 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1700000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
110400000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5200000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5500000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
79498907 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
11252 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3481043 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
76029116 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
134873427 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
36647 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3927161 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
130982913 | usd |
CY2024Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
300 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
500 | usd | |
CY2024Q2 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
2000 | usd |
us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
693000 | usd | |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
200 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
|
500 | usd | |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
1500000 | usd |
us-gaap |
Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
|
3900000 | usd | |
CY2024Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-21000 | usd |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
480000 | usd | |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
923000 | usd |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
4100000 | usd | |
CY2024Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
22 | position |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-3500000 | usd | |
CY2024Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
19 | position |
CY2024Q2 | ino |
Prepaid Clinical Expenses Current
PrepaidClinicalExpensesCurrent
|
2341285 | usd |
CY2023Q4 | ino |
Prepaid Clinical Expenses Current
PrepaidClinicalExpensesCurrent
|
3410442 | usd |
CY2024Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
3024575 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1983223 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
5365860 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
5393665 | usd |
CY2024Q2 | ino |
Prepaid Manufacturing Expense Current
PrepaidManufacturingExpenseCurrent
|
22000 | usd |
CY2023Q4 | ino |
Prepaid Manufacturing Expense Current
PrepaidManufacturingExpenseCurrent
|
1500000 | usd |
ino |
Grant Liability
GrantLiability
|
2300000 | usd | |
CY2023 | ino |
Grant Liability
GrantLiability
|
4300000 | usd |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
25963544 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
25963544 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
22793075 | shares |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-32237098 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35534533 | usd |
CY2024Q2 | ino |
Weighted Average Number Of Shares Outstanding
WeightedAverageNumberOfSharesOutstanding
|
25461260 | shares |
CY2023Q2 | ino |
Weighted Average Number Of Shares Outstanding
WeightedAverageNumberOfSharesOutstanding
|
22029486 | shares |
CY2024Q2 | ino |
Incremental Common Shares Attributable To Basic And Dilutive Effect Of Pre Funded Warrants
IncrementalCommonSharesAttributableToBasicAndDilutiveEffectOfPreFundedWarrants
|
1736542 | shares |
CY2023Q2 | ino |
Incremental Common Shares Attributable To Basic And Dilutive Effect Of Pre Funded Warrants
IncrementalCommonSharesAttributableToBasicAndDilutiveEffectOfPreFundedWarrants
|
0 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
27197802 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27197802 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22029486 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22029486 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.19 | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.19 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.61 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.61 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-62706969 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-76183850 | usd | |
ino |
Weighted Average Number Of Shares Outstanding
WeightedAverageNumberOfSharesOutstanding
|
24376386 | shares | |
ino |
Weighted Average Number Of Shares Outstanding
WeightedAverageNumberOfSharesOutstanding
|
21784343 | shares | |
ino |
Incremental Common Shares Attributable To Basic And Dilutive Effect Of Pre Funded Warrants
IncrementalCommonSharesAttributableToBasicAndDilutiveEffectOfPreFundedWarrants
|
868271 | shares | |
ino |
Incremental Common Shares Attributable To Basic And Dilutive Effect Of Pre Funded Warrants
IncrementalCommonSharesAttributableToBasicAndDilutiveEffectOfPreFundedWarrants
|
0 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25244657 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25244657 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21784343 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21784343 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.48 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.48 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.50 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.50 | ||
CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1783353 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1783353 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1823765 | shares | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1823765 | shares |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3700000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y7M6D | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
8.80 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.96 | ||
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
7.20 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
11.28 | ||
CY2024Q2 | ino |
Share Based Compensation Arrangement By Share Based Payment Award Threshold Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardThresholdPercentage
|
1.50 | |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1696000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
3467000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3555000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2955000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2310000 | usd |
CY2024Q2 | ino |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
2132000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
16115000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3135000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
12980000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2322000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
10658000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y9M18D | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.090 | |
CY2024Q2 | us-gaap |
Lease Cost
LeaseCost
|
521000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
1400000 | usd | |
CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
856000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
1700000 | usd | |
CY2019Q4 | ino |
Lessee Operating Lease Number Of Agreements To Sublease
LesseeOperatingLeaseNumberOfAgreementsToSublease
|
2 | agreement |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |