2018 Q2 Form 10-Q Financial Statement
#000119312518159200 Filed on May 10, 2018
Income Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
Revenue | $19.89M | $10.00M | $68.00K |
YoY Change | 662933.33% | 14605.88% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $9.490M | $7.620M | $6.260M |
YoY Change | 42.92% | 21.73% | 12.79% |
% of Gross Profit | |||
Research & Development | $44.73M | $41.32M | $24.08M |
YoY Change | 93.49% | 71.58% | 10.5% |
% of Gross Profit | |||
Depreciation & Amortization | $180.0K | $170.0K | $180.0K |
YoY Change | 0.0% | -5.56% | 0.0% |
% of Gross Profit | |||
Operating Expenses | $54.22M | $48.94M | $30.35M |
YoY Change | 82.23% | 61.27% | 10.96% |
Operating Profit | -$34.33M | -$38.94M | -$30.28M |
YoY Change | 15.39% | 28.61% | 10.71% |
Interest Expense | $650.0K | $510.0K | $400.0K |
YoY Change | 58.54% | 27.5% | 37.93% |
% of Operating Profit | |||
Other Income/Expense, Net | $660.0K | $495.0K | $385.0K |
YoY Change | 72.32% | 28.57% | 32.76% |
Pretax Income | -$33.67M | -$38.45M | -$29.89M |
YoY Change | 14.65% | 28.61% | 10.48% |
Income Tax | -$17.00K | $12.00K | $23.00K |
% Of Pretax Income | |||
Net Earnings | -$33.66M | -$38.46M | -$29.92M |
YoY Change | 14.52% | 28.55% | 10.56% |
Net Earnings / Revenue | -169.2% | -384.59% | -43995.59% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$600.1K | -$775.4K | -$714.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 49.85M shares | 49.65M shares | 41.90M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $241.1M | $130.9M | $109.9M |
YoY Change | 68.03% | 19.11% | -19.43% |
Cash & Equivalents | $119.0M | $37.50M | $25.58M |
Short-Term Investments | $122.2M | $93.40M | $84.30M |
Other Short-Term Assets | $3.400M | $2.400M | $2.300M |
YoY Change | 47.83% | 4.35% | 35.29% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $244.6M | $133.3M | $112.2M |
YoY Change | 67.82% | 18.79% | -18.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.611M | $2.454M | $2.654M |
YoY Change | 5.58% | -7.54% | -20.61% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $8.800M | $10.30M | $40.30M |
YoY Change | -76.41% | -74.44% | -19.72% |
Other Assets | $600.0K | $300.0K | $15.00K |
YoY Change | 100.0% | 1900.0% | -97.0% |
Total Long-Term Assets | $12.03M | $13.06M | $43.21M |
YoY Change | -69.94% | -69.77% | -19.98% |
TOTAL ASSETS | |||
Total Short-Term Assets | $244.6M | $133.3M | $112.2M |
Total Long-Term Assets | $12.03M | $13.06M | $43.21M |
Total Assets | $256.6M | $146.4M | $155.4M |
YoY Change | 38.14% | -5.83% | -19.1% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.794M | $4.949M | $4.245M |
YoY Change | 16.85% | 16.58% | 3.31% |
Accrued Expenses | $22.97M | $21.55M | $10.74M |
YoY Change | 78.39% | 100.61% | 24.13% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $36.54M | $46.73M | $15.48M |
YoY Change | 108.58% | 201.88% | 17.09% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $6.600M | $4.100M | $1.600M |
YoY Change | 340.0% | 156.25% | -15.79% |
Total Long-Term Liabilities | $6.600M | $4.100M | $1.600M |
YoY Change | 340.0% | 156.25% | -15.79% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $36.54M | $46.73M | $15.48M |
Total Long-Term Liabilities | $6.600M | $4.100M | $1.600M |
Total Liabilities | $43.12M | $50.84M | $17.07M |
YoY Change | 126.5% | 197.82% | 13.07% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$567.5M | -$533.8M | -$396.3M |
YoY Change | 33.31% | 34.7% | 39.74% |
Common Stock | $781.2M | $629.6M | $534.8M |
YoY Change | 31.84% | 17.72% | 16.14% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $213.5M | $95.53M | $138.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $256.6M | $146.4M | $155.4M |
YoY Change | 38.14% | -5.83% | -19.1% |
Cashflow Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$33.66M | -$38.46M | -$29.92M |
YoY Change | 14.52% | 28.55% | 10.56% |
Depreciation, Depletion And Amortization | $180.0K | $170.0K | $180.0K |
YoY Change | 0.0% | -5.56% | 0.0% |
Cash From Operating Activities | -$37.63M | -$34.65M | -$24.71M |
YoY Change | 73.25% | 40.23% | 6.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$400.0K | $382.0K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$27.21M | $2.870M | $550.0K |
YoY Change | 2286.84% | 421.82% | -91.9% |
Cash From Investing Activities | -$27.60M | $2.484M | $550.0K |
YoY Change | 2321.05% | 351.64% | -91.85% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 147.1M | 429.0K | 60.00K |
YoY Change | 179.87% | 615.0% | -70.0% |
NET CHANGE | |||
Cash From Operating Activities | -37.63M | -34.65M | -24.71M |
Cash From Investing Activities | -27.60M | 2.484M | 550.0K |
Cash From Financing Activities | 147.1M | 429.0K | 60.00K |
Net Change In Cash | 81.90M | -31.70M | -24.09M |
YoY Change | 175.66% | 31.6% | 48.5% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$37.63M | -$34.65M | -$24.71M |
Capital Expenditures | -$400.0K | $382.0K | |
Free Cash Flow | -$37.23M | -$35.03M | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
364000 | |
CY2018Q1 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
0 | Securities |
CY2014Q4 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
3681 | sqft |
CY2014Q4 | kpti |
Operating Lease Scheduled Rent Payments Due
OperatingLeaseScheduledRentPaymentsDue
|
374000 | |
CY2014Q4 | kpti |
Operating Lease Scheduled Rent Payments Due
OperatingLeaseScheduledRentPaymentsDue
|
461000 | |
CY2018Q1 | us-gaap |
Security Deposit
SecurityDeposit
|
200000 | |
CY2018Q1 | kpti |
Additional Area Included In Operating Lease After Amendment
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|
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Entity Common Stock Shares Outstanding
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|
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Area Of Real Estate Property
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29933 | sqft |
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Security Deposit
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|
400000 | |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Accrued Liabilities Current
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21545000 | |
CY2018Q1 | us-gaap |
Assets Current
AssetsCurrent
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Assets Fair Value Disclosure
AssetsFairValueDisclosure
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Accrued Professional Fees Current
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|
1764000 | |
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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Additional Paid In Capital Common Stock
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|
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Accounts Payable Current
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|
4949000 | |
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-286000 | |
CY2018Q1 | us-gaap |
Assets
Assets
|
146373000 | |
CY2018Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
2000 | |
CY2018Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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|
91549000 | |
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Available For Sale Securities
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Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
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Available For Sale Securities Amortized Cost
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Cash And Cash Equivalents At Carrying Value
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Common Stock Shares Authorized
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Other Accrued Liabilities Current
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285000 | |
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Property Plant And Equipment Net
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Preferred Stock Par Or Stated Value Per Share
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Preferred Stock Value
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Assets
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180294000 | |
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|
293000 | |
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Preferred Stock Par Or Stated Value Per Share
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0.0001 | |
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5000000 | shares |
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Preferred Stock Value
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Preferred Stock Shares Outstanding
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Property Plant And Equipment Net
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|
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Restricted Cash And Cash Equivalents At Carrying Value
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|
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290000 | |
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Retained Earnings Accumulated Deficit
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|
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Operating Leases Allowance For Improvements
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|
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Accretion Amortization Of Discounts And Premiums Investments
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|
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Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
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15000 | |
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Depreciation And Amortization
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|
183000 | |
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Earnings Per Share Basic And Diluted
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|
-0.71 | |
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Amendment Flag
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Accretion Amortization Of Discounts And Premiums Investments
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-160000 | |
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Capital Expenditures Incurred But Not Yet Paid
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|
56000 | |
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Short Term Investments
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|
77472000 | |
CY2017Q4 | us-gaap |
Stockholders Equity
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|
129464000 | |
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Accrued Research And Development Costs Current
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|
16198000 | |
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Lessee Leasing Arrangements Operating Leases Term Of Contract
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|
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General And Administrative Expense
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|
6264000 | |
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|
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Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
69000 | |
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Income Tax Expense Benefit
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|
23000 | |
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IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-498000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
61000 | |
CY2017Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
400000 | |
CY2017Q1 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
68000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
549000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-24708000 | |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
30347000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
57000 | |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-29917000 | |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-30279000 | |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
385000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
11000 | |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
301000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
59000 | |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-15000 | |
CY2017Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
25075000 | |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
57000 | |
CY2017Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
25624000 | |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
24083000 | |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5909000 | |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
41894796 | shares |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-773000 | |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-31696000 | |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-38528000 | |
CY2018Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2018Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
169000 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.78 | |
CY2018Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2018Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | |
CY2018Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2018Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-03-31 | |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
43000 | |
CY2018Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
KARYOPHARM THERAPEUTICS INC. | |
CY2018Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001503802 | |
CY2018Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7621000 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-38447000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-430000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
295000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
638000 | |
CY2018Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
509000 | |
CY2018Q1 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
10000000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
2484000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-34652000 | |
CY2018Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
24736000 | |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
382000 | |
CY2018Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
48942000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
429000 | |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38459000 | |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-38942000 | |
CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
495000 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
39000 | |
CY2018Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
373000 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-108000 | |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-14000 | |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
429000 | |
CY2018Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
27602000 | |
CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
41321000 | |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4164000 | |
CY2018Q1 | dei |
Trading Symbol
TradingSymbol
|
KPTI | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49602809 | shares |
CY2018Q1 | kpti |
Operating Leases Allowance For Improvements
OperatingLeasesAllowanceForImprovements
|
438000 |