$ISCO
International Stem Cell CORP

2016 Q1 Form 10-Q Financial Statement

#000156459016019502 Filed on May 16, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $1.620M $1.622M
YoY Change -0.12% -1.64%
Cost Of Revenue $380.0K $418.0K
YoY Change -9.09% -4.78%
Gross Profit $1.240M $1.204M
YoY Change 2.99% -0.5%
Gross Profit Margin 76.54% 74.23%
Selling, General & Admin $1.800M $2.052M
YoY Change -12.28% -11.44%
% of Gross Profit 145.16% 170.43%
Research & Development $580.0K $1.118M
YoY Change -48.12% 16.7%
% of Gross Profit 46.77% 92.86%
Depreciation & Amortization $86.00K $131.0K
YoY Change -34.35% 12.93%
% of Gross Profit 6.94% 10.88%
Operating Expenses $2.400M $3.170M
YoY Change -24.29% -3.21%
Operating Profit -$1.160M -$1.966M
YoY Change -41.0% -4.79%
Interest Expense $5.000K $680.0K
YoY Change -99.26% 67900.0%
% of Operating Profit
Other Income/Expense, Net -$10.77M $679.0K
YoY Change -1686.16% 7.78%
Pretax Income -$14.57M -$1.287M
YoY Change 1032.32% -10.31%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$14.57M -$1.287M
YoY Change 1032.09% -10.31%
Net Earnings / Revenue -899.38% -79.35%
Basic Earnings Per Share
Diluted Earnings Per Share -$5.19 -$1.07
COMMON SHARES
Basic Shares Outstanding 245.6M
Diluted Shares Outstanding 2.809M 1.830M

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.540M $610.0K
YoY Change 152.46% -38.38%
Cash & Equivalents $1.542M $611.0K
Short-Term Investments
Other Short-Term Assets $700.0K $430.0K
YoY Change 62.79% -37.68%
Inventory $1.430M $1.670M
Prepaid Expenses
Receivables $460.0K $440.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.130M $3.150M
YoY Change 31.11% -10.89%
LONG-TERM ASSETS
Property, Plant & Equipment $380.0K $630.0K
YoY Change -39.68% -15.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $530.0K $50.00K
YoY Change 960.0% 66.67%
Total Long-Term Assets $4.260M $3.540M
YoY Change 20.34% 13.57%
TOTAL ASSETS
Total Short-Term Assets $4.130M $3.150M
Total Long-Term Assets $4.260M $3.540M
Total Assets $8.390M $6.690M
YoY Change 25.41% 0.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.0K $1.770M
YoY Change -66.1% 241.7%
Accrued Expenses $760.0K $1.390M
YoY Change -45.32% 46.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.24M $6.770M
YoY Change 213.74% 11.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $21.24M $6.770M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $21.24M $6.770M
YoY Change 213.74% 11.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $262.0K
YoY Change 66.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$12.85M -$80.00K
YoY Change
Total Liabilities & Shareholders Equity $8.390M $6.690M
YoY Change 25.41% 0.57%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$14.57M -$1.287M
YoY Change 1032.09% -10.31%
Depreciation, Depletion And Amortization $86.00K $131.0K
YoY Change -34.35% 12.93%
Cash From Operating Activities -$1.970M -$760.0K
YoY Change 159.21% -62.56%
INVESTING ACTIVITIES
Capital Expenditures $61.00K $15.00K
YoY Change 306.67% 15.38%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$220.0K -$170.0K
YoY Change 29.41% 6.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.200M 430.0K
YoY Change 644.19% -54.26%
NET CHANGE
Cash From Operating Activities -1.970M -760.0K
Cash From Investing Activities -220.0K -170.0K
Cash From Financing Activities 3.200M 430.0K
Net Change In Cash 1.010M -500.0K
YoY Change -302.0% -60.0%
FREE CASH FLOW
Cash From Operating Activities -$1.970M -$760.0K
Capital Expenditures $61.00K $15.00K
Free Cash Flow -$2.031M -$775.0K
YoY Change 162.06% -62.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14573000
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14573000
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1287000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.19
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.07
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2809000
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1830000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
321000
CY2015 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
105000
CY2015 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
3166000
CY2015 isco Adjustment To Additional Paid In Capital For Warrant Modification
AdjustmentToAdditionalPaidInCapitalForWarrantModification
40000
CY2016Q1 us-gaap Interest Expense
InterestExpense
5000
CY2015Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
654000
CY2016Q1 isco Fair Value Of Warrant Liabilities In Excess Of Proceeds
FairValueOfWarrantLiabilitiesInExcessOfProceeds
9902000
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1398000
CY2015Q1 us-gaap Costs And Expenses
CostsAndExpenses
3588000
CY2016Q1 us-gaap Financial Services Costs
FinancialServicesCosts
869000
CY2016Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
24000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
103000
CY2016Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
86000
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
131000
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
103000
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
250000
CY2016Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
24000
CY2015Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
25000
CY2016Q1 isco Financing Transaction Costs
FinancingTransactionCosts
535000
CY2016Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
8000
CY2016Q1 isco Inventory Adjustment
InventoryAdjustment
1000
CY2015Q1 isco Inventory Adjustment
InventoryAdjustment
-98000
CY2016Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10000
CY2015Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
52000
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-86000
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-17000
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
67000
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
53000
CY2016Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
124000
CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-101000
CY2016Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
3000
CY2015Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-3000
CY2016Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-490000
CY2015Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1095000
CY2016Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-78000
CY2015Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-326000
CY2016Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-3000
CY2015Q1 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
5000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1969000
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-764000
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61000
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15000
CY2016Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
160000
CY2015Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
152000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-221000
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-167000
CY2016Q1 isco Proceeds From Bridge Loan From Related Party
ProceedsFromBridgeLoanFromRelatedParty
700000
CY2016Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2500000
CY2015Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
431000
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3200000
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
431000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1010000
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-500000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1111000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
611000
CY2016Q1 us-gaap Interest Paid
InterestPaid
14000
CY2015Q1 us-gaap Interest Paid
InterestPaid
1000
CY2015Q1 isco Release Of Warrant Liability Upon Exercise Of Warrants
ReleaseOfWarrantLiabilityUponExerciseOfWarrants
182000
CY2016Q1 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Product Sales </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes revenue from product sales at the time of shipment to the customer, provided no significant obligations remain and collection of the receivable is reasonably assured. If the customer has a right of return, the Company recognizes product revenues upon shipment, provided that future returns can be reasonably estimated. In the case where returns cannot be reasonably estimated, revenue will be deferred until such estimates can be made or the right of return has lapsed. </p></div>
CY2016Q1 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Deferred Revenue and Allowance for Sales Returns </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company recognizes revenue from product sales when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price to the buyer is fixed or determinable, and collectability is reasonably assured. However, the LSC products have a 30-day product return guarantee for website sales. The Company has estimated the historical rate of returns for the 30-day product return guarantee, which has remained consistent for the three months ended March 31, 2016 as compared to the years ended December&#160;31, 2015 and 2014. At March 31, 2016 and December&#160;31, 2015, the estimated allowance for sales returns was $10,000. At March 31, 2016 and December&#160;31, 2015, net deferred revenue totaled $0. </p></div>
CY2016Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements. Significant estimates include patent life (remaining legal life versus remaining useful life), inventory carrying values, allowance for excess and obsolete inventories, allowance for sales returns and doubtful accounts, and transactions using the Black-Scholes option pricing model, e.g., warrants and stock options, as well as the Monte-Carlo valuation method for certain warrants. Actual results could differ from those estimates. </p></div>
CY2016Q1 isco Maximum Original Maturities Period
MaximumOriginalMaturitiesPeriod
P3M
CY2016Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4044000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3894000
CY2016Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
10000
CY2015Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
52000
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
58660
CY2016Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11286201
CY2016Q1 isco Percentage Of Ownership In Issue And Outstanding Share Of Common Stock Parent Company
PercentageOfOwnershipInIssueAndOutstandingShareOfCommonStockParentCompany
0.937
CY2006Q3 us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
133334
CY2015Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.0067
CY2016Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
Effective July 29, 2015 and pursuant to the reverse stock split approved by the Company’s Board of Directors, each 150 shares of issued and outstanding common stock were combined into and became one share of common stock and no fractional shares were issued.
CY2016Q1 isco Burn Rate Excluding Capital Expenditures And Patent Costs
BurnRateExcludingCapitalExpendituresAndPatentCosts
656000
CY2016Q1 isco Capital Expenditures And Patent Costs
CapitalExpendituresAndPatentCosts
74000
CY2016Q1 isco Revenue Generating Subsidiaries
RevenueGeneratingSubsidiaries
2
CY2016Q1 isco Right Of Return Guarantee Period
RightOfReturnGuaranteePeriod
P30D
CY2015 isco Right Of Return Guarantee Period
RightOfReturnGuaranteePeriod
P30D
CY2014 isco Right Of Return Guarantee Period
RightOfReturnGuaranteePeriod
P30D
CY2016Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
0
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
0
CY2016Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
5000
CY2015Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
5000
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
204913
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
144310
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1078390
CY2015Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
785945
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
734192
CY2016Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
258000
CY2015Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
245000
CY2016Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
595000
CY2015Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
533000
CY2016Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1141000
CY2015Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1149000
CY2016Q1 us-gaap Inventory Gross
InventoryGross
1994000
CY2015Q4 us-gaap Inventory Gross
InventoryGross
1927000
CY2016Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
91000
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
90000
CY2016Q1 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1903000
CY2015Q4 isco Inventory Net Current And Noncurrent
InventoryNetCurrentAndNoncurrent
1837000
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2684000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2623000
CY2016Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2305000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2248000
CY2016Q1 us-gaap Depreciation
Depreciation
57000
CY2015Q1 us-gaap Depreciation
Depreciation
99000
CY2003Q4 us-gaap License Costs
LicenseCosts
340000
CY2004Q1 us-gaap License Costs
LicenseCosts
22500
CY2004Q2 us-gaap License Costs
LicenseCosts
400000
CY2016Q1 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
3251000
CY2016Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
700000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
671000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
90000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
119000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
119000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
86000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
70000
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2814000
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3298000
CY2008Q2 isco Advances From Nonaffiliated Collaboration
AdvancesFromNonaffiliatedCollaboration
250000
CY2008Q2 isco Specified Amount Of Revenue To Be Utilized First For Advances
SpecifiedAmountOfRevenueToBeUtilizedFirstForAdvances
250000
CY2016Q1 us-gaap Deferred Revenue Revenue Recognized
DeferredRevenueRevenueRecognized
0
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2008Q2 isco Number Of Accredited Investors
NumberOfAccreditedInvestors
5
CY2016Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
19374463
CY2016Q1 isco Related Party Rent Expense
RelatedPartyRentExpense
36000
CY2015Q1 isco Related Party Rent Expense
RelatedPartyRentExpense
35000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2016Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
103000
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
250000
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2800000
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y7M17D
CY2013Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
67500
CY2013Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
33750
CY2013Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
30.00
CY2013Q1 isco Warrant Term
WarrantTerm
P5Y
CY2013Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
16667
CY2013Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
33334
CY2013Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
30.00
CY2014Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
850058
CY2016Q1 isco Warrant Issued
WarrantIssued
11159995
CY2015 isco Warrant Exercised
WarrantExercised
517035
CY2015 isco Warrant Forfeited Or Cancelled
WarrantForfeitedOrCancelled
206815
CY2015 isco Class Of Warrants Or Rights Adjustments During Period Rounded Due To Reverse Stock Split
ClassOfWarrantsOrRightsAdjustmentsDuringPeriodRoundedDueToReverseStockSplit
-2
CY2015Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
126206
CY2016Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
72000
CY2015Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
73000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
250000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
168000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
138000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
134000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
134000
CY2016Q1 isco Operating Leases Future Minimum Payments Due In Four Years And Thereafter
OperatingLeasesFutureMinimumPaymentsDueInFourYearsAndThereafter
334000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1158000
CY2016Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2016Q1 isco Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
3

Files In Submission

Name View Source Status
0001564590-16-019502-index-headers.html Edgar Link pending
0001564590-16-019502-index.html Edgar Link pending
0001564590-16-019502.txt Edgar Link pending
0001564590-16-019502-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
isco-10q_20160331.htm Edgar Link pending
isco-20160331.xml Edgar Link completed
isco-20160331.xsd Edgar Link pending
isco-20160331_cal.xml Edgar Link unprocessable
isco-20160331_def.xml Edgar Link unprocessable
isco-20160331_lab.xml Edgar Link unprocessable
isco-20160331_pre.xml Edgar Link unprocessable
isco-ex311_7.htm Edgar Link pending
isco-ex312_8.htm Edgar Link pending
isco-ex321_9.htm Edgar Link pending
isco-ex322_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending