2013 Q1 Form 10-Q Financial Statement
#000110465913037892 Filed on May 07, 2013
Income Statement
Concept | 2013 Q1 | 2012 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | -100.0% | |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $3.980M | $2.530M |
YoY Change | 57.31% | -22.39% |
% of Gross Profit | ||
Research & Development | $10.33M | $4.739M |
YoY Change | 118.06% | -17.73% |
% of Gross Profit | ||
Depreciation & Amortization | $148.0K | $136.0K |
YoY Change | 8.82% | 70.0% |
% of Gross Profit | ||
Operating Expenses | $14.31M | $7.264M |
YoY Change | 96.99% | -19.47% |
Operating Profit | -$14.31M | -$7.264M |
YoY Change | 96.99% | |
Interest Expense | $643.0K | $2.000K |
YoY Change | 32050.0% | -99.62% |
% of Operating Profit | ||
Other Income/Expense, Net | $2.000K | $10.00K |
YoY Change | -80.0% | |
Pretax Income | -$14.90M | -$6.843M |
YoY Change | 117.73% | -0.68% |
Income Tax | -$1.221M | $2.000K |
% Of Pretax Income | ||
Net Earnings | -$13.68M | -$6.845M |
YoY Change | 99.82% | -0.65% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$433.6K | -$275.5K |
COMMON SHARES | ||
Basic Shares Outstanding | 31.55M shares | 24.86M shares |
Diluted Shares Outstanding | 31.55M shares | 24.86M shares |
Balance Sheet
Concept | 2013 Q1 | 2012 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $81.60M | $70.80M |
YoY Change | 15.25% | -31.06% |
Cash & Equivalents | $79.43M | $22.04M |
Short-Term Investments | $48.70M | |
Other Short-Term Assets | $1.400M | $200.0K |
YoY Change | 600.0% | 0.0% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $0.00 | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $83.03M | $71.00M |
YoY Change | 16.94% | -31.13% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.681M | $1.900M |
YoY Change | -11.53% | 90.0% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $2.100M | |
YoY Change | -4.55% | |
Other Assets | $100.0K | $100.0K |
YoY Change | 0.0% | |
Total Long-Term Assets | $59.99M | $62.30M |
YoY Change | -3.71% | -28.72% |
TOTAL ASSETS | ||
Total Short-Term Assets | $83.03M | $71.00M |
Total Long-Term Assets | $59.99M | $62.30M |
Total Assets | $143.0M | $133.3M |
YoY Change | 7.29% | -30.03% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $8.184M | $2.900M |
YoY Change | 182.21% | -6.45% |
Accrued Expenses | $5.329M | $1.000M |
YoY Change | 432.9% | 11.11% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $4.875M | $100.0K |
YoY Change | 4775.0% | 0.0% |
Total Short-Term Liabilities | $20.27M | $4.100M |
YoY Change | 394.44% | -10.87% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $14.51M | $100.0K |
YoY Change | 14411.0% | 0.0% |
Other Long-Term Liabilities | $600.0K | $900.0K |
YoY Change | -33.33% | |
Total Long-Term Liabilities | $14.51M | $1.000M |
YoY Change | 1351.1% | 900.0% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $20.27M | $4.100M |
Total Long-Term Liabilities | $14.51M | $1.000M |
Total Liabilities | $35.41M | $5.100M |
YoY Change | 594.33% | 8.51% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$349.2M | |
YoY Change | ||
Common Stock | $316.0K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $107.6M | $128.1M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $143.0M | $133.3M |
YoY Change | 7.29% | -30.03% |
Cashflow Statement
Concept | 2013 Q1 | 2012 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$13.68M | -$6.845M |
YoY Change | 99.82% | -0.65% |
Depreciation, Depletion And Amortization | $148.0K | $136.0K |
YoY Change | 8.82% | 70.0% |
Cash From Operating Activities | -$11.21M | -$5.610M |
YoY Change | 99.82% | 9.78% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $163.0K | $66.00K |
YoY Change | 146.97% | -760.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $12.91M |
YoY Change | -100.0% | -21.76% |
Cash From Investing Activities | -$160.0K | $12.84M |
YoY Change | -101.25% | -22.13% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 20.00K | -30.00K |
YoY Change | -166.67% | 50.0% |
NET CHANGE | ||
Cash From Operating Activities | -11.21M | -5.610M |
Cash From Investing Activities | -160.0K | 12.84M |
Cash From Financing Activities | 20.00K | -30.00K |
Net Change In Cash | -11.35M | 7.200M |
YoY Change | -257.64% | -36.62% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$11.21M | -$5.610M |
Capital Expenditures | $163.0K | $66.00K |
Free Cash Flow | -$11.37M | -$5.676M |
YoY Change | 100.37% | 11.29% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
INSMED INC | |
CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001104506 | |
CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2013Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
31795357 | shares |
CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
83025000 | USD |
CY2013Q1 | us-gaap |
Assets
Assets
|
143016000 | USD |
CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20272000 | USD |
CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
35411000 | USD |
CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.28 | |
CY2013Q1 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
2173000 | USD |
CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-13678000 | USD |
CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
148000 | USD |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
954000 | USD |
CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
797000 | USD |
CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
107605000 | USD |
CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
143016000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
90782000 | USD |
CY2013Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1418000 | USD |
CY2013Q1 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
58200000 | USD |
CY2013Q1 | us-gaap |
Other Assets
OtherAssets
|
110000 | USD |
CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1681000 | USD |
CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
316000 | USD |
CY2013Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
455725000 | USD |
CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-349226000 | USD |
CY2013Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
8184000 | USD |
CY2013Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1359000 | USD |
CY2013Q1 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
298000 | USD |
CY2013Q1 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
144000 | USD |
CY2013Q1 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
83000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4875000 | USD |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10334000 | USD |
CY2013Q1 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
48000 | USD |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3975000 | USD |
CY2013Q1 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
51000 | USD |
CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
643000 | USD |
CY2013Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
2000 | USD |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.43 | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
31554000 | shares |
CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1124000 | USD |
CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
31571926 | shares |
CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
31571926 | shares |
CY2013Q1 | insm |
Increase Decrease In Accrued Lease Expenses
IncreaseDecreaseInAccruedLeaseExpenses
|
-64000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-848000 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
163000 | USD |
CY2012Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
34000 | USD |
CY2013Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Use of Estimates -</font></i></b> <font style="FONT-SIZE: 10pt;" size="2">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes.  The Company bases its estimates and judgments on historical experience and on various other assumptions that it believes are reasonable under the circumstances.  The amounts of assets and liabilities reported in the Company’s balance sheets and the amounts of revenue and expenses reported for each period presented are effected by estimates and assumptions, which are used for, but not limited to, the accounting for revenue recognition, stock-based compensation, income taxes, loss contingencies, the warrant fair value calculation, impairment of intangibles and long lived assets and accounting for research and development costs.  Actual results could differ from those estimates.</font> </div> | |
CY2013Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Concentration of Credit Risk</font></i></b> <font style="FONT-SIZE: 10pt;" size="2">- Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents and short-term investments. The Company places its cash equivalents with financial institutions that it believes have high credit quality. The Company has established investment guidelines relative to credit ratings and maturities that seek to maintain safety and liquidity.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The Company sources each of its raw materials from a single supplier.  In addition, the production of the Company’s lead product candidate is performed by a sole manufacturer. The inability of the suppliers or manufacturer to fulfill supply requirements of the Company could materially adversely affect future operating results or the Company’s business generally. A change in the relationship with the suppliers or manufacturer, or an adverse change in their business, could materially adversely affect the Company’s future operating results.</font></p> </div> | |
CY2013Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
29000 | USD |
CY2013Q1 | insm |
Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
|
2941000 | USD |
CY2012Q4 | insm |
Accrued Clinical Trial Expenses
AccruedClinicalTrialExpenses
|
1460000 | USD |
CY2013Q1 | insm |
Liability For Stock Based Compensation Awards
LiabilityForStockBasedCompensationAwards
|
1808000 | USD |
CY2012Q4 | insm |
Liability For Stock Based Compensation Awards
LiabilityForStockBasedCompensationAwards
|
1204000 | USD |
CY2013Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
417000 | USD |
CY2012Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
185000 | USD |
CY2013Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
159000 | USD |
CY2012Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
80000 | USD |
CY2012Q2 | insm |
Number Of Secured Promissory Notes
NumberOfSecuredPromissoryNotes
|
2 | item |
CY2013Q1 | us-gaap |
Secured Debt
SecuredDebt
|
20000000 | USD |
CY2013Q1 | insm |
Additional Charge At End Of Term
AdditionalChargeAtEndOfTerm
|
92000 | USD |
CY2013Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
169000 | USD |
CY2013Q1 | insm |
Unamortized Discount From Warrant
UnamortizedDiscountFromWarrant
|
537000 | USD |
CY2013Q1 | us-gaap |
Debt Current
DebtCurrent
|
-4875000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
14511000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
3007000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
7724000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
8481000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
788000 | USD |
CY2013Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
20000000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
3014000 | USD |
CY2013Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
200000 | USD |
CY2012Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
200000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
890000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1201000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
498000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
425000 | USD |
CY2013Q1 | insm |
Proceeds From Sale Of Nol Net
ProceedsFromSaleOfNOLNet
|
1200000 | USD |
CY2013Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2013Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.082 | pure |
CY2012Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.00 | pure |
CY2012Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
350000000 | USD |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1221000 | USD |
CY2012Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2000 | USD |
CY2013Q1 | insm |
Number Of Equity Compensation Plans
NumberOfEquityCompensationPlans
|
2 | item |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1817839 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
552250 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
17170 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
5000 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2347919 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
2180927 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
426919 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.10 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.74 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.85 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.03 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
6092692 | USD |
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1304426 | USD |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
10.10 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
4.72 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
4.57 | |
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y2M8D | |
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P8Y29D | |
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y3M7D | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
6507867 | USD |
CY2013Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
0 | USD |
CY2011 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio
StockholdersEquityNoteStockSplitConversionRatio
|
0.1 | pure |
CY2013Q1 | us-gaap |
Interest Paid
InterestPaid
|
476000 | USD |
CY2012Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4739000 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
14309000 | USD |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14309000 | USD |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-14899000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13678000 | USD |
CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2525000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000 | USD |
CY2012Q1 | us-gaap |
Interest Paid
InterestPaid
|
2000 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11348000 | USD |
CY2013Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
118000 | USD |
CY2012Q4 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
2153000 | USD |
CY2012Q1 | us-gaap |
Investment Income Nonoperating
InvestmentIncomeNonoperating
|
418000 | USD |
CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
2000 | USD |
CY2013Q1 | insm |
Number Of Initial Indications In Orphan Patient Populations For Which Clinical Trials Conducted
NumberOfInitialIndicationsInOrphanPatientPopulationsForWhichClinicalTrialsConducted
|
2 | item |
CY2012Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
66000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
51000 | USD |
CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6845000 | USD |
CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
31554000 | shares |
CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24860000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31554000 | shares |
CY2012Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24860000 | shares |
CY2013Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | item |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
93578000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
153561000 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15747000 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
32679000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
120882000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
153561000 | USD |
CY2012Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
5000 | USD |
CY2012Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
7264000 | USD |
CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7264000 | USD |
CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-6843000 | USD |
CY2012Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7195000 | USD |
CY2012Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
0 | USD |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
31488204 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
31488204 | shares |
CY2013Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5329000 | USD |
CY2013Q1 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
580000 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
643000 | USD |
CY2013Q1 | insm |
Increase Decrease In Accrued Liabilities And Deferred Rent Credit
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRentCredit
|
1787000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14848000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-11209000 | USD |
CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-5612000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-161000 | USD |
CY2012Q4 | us-gaap |
Accrued Rent Noncurrent
AccruedRentNoncurrent
|
647000 | USD |
CY2012Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
12841000 | USD |
CY2012Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
64000 | USD |
CY2013Q1 | us-gaap |
Accretion Expense
AccretionExpense
|
49000 | USD |
CY2012Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-263000 | USD |
CY2012Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
545000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
22000 | USD |
CY2012Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-34000 | USD |
CY2012Q1 | insm |
Increase Decrease In Accrued Liabilities And Deferred Rent Credit
IncreaseDecreaseInAccruedLiabilitiesAndDeferredRentCredit
|
-609000 | USD |
CY2012Q1 | insm |
Increase Decrease In Accrued Lease Expenses
IncreaseDecreaseInAccruedLeaseExpenses
|
-64000 | USD |
CY2012Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-285000 | USD |
CY2012Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-757000 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
79434000 | USD |
CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
22043000 | USD |
CY2012Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
216000 | USD |
CY2013Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
4000 | USD |
CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
4000 | USD |
CY2012Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24860000 | shares |
CY2012Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
216000 | USD |
CY2012Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6629000 | USD |
CY2012Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
58200000 | USD |
CY2012Q4 | us-gaap |
Other Assets
OtherAssets
|
117000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1666000 | USD |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
7060000 | USD |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2933000 | USD |
CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2207000 | USD |
CY2012Q4 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
295000 | USD |
CY2012Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
149000 | USD |
CY2012Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
96000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3007000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
16221000 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
315000 | USD |
CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
455325000 | USD |
CY2013Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
790000 | USD |
CY2012Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
790000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-335548000 | USD |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
329932 | shares |
CY2012Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
329932 | shares |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
2.94 | |
CY2012Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
2.94 | |
CY2012Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
136000 | USD |
CY2012Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
495000 | USD |
CY2012Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
12907000 | USD |
CY2012Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2000 | USD |