2015 Q4 Form 10-K Financial Statement
#000114420416087232 Filed on March 10, 2016
Income Statement
Concept | 2015 Q4 | 2015 | 2014 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.930M | $5.800M | $1.170M |
YoY Change | 64.96% | 16.0% | 13.59% |
% of Gross Profit | |||
Research & Development | $2.770M | $12.58M | $2.890M |
YoY Change | -4.15% | -18.73% | 17.48% |
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $30.00K | $0.00 |
YoY Change | 200.0% | ||
% of Gross Profit | |||
Operating Expenses | $4.700M | $18.38M | $4.060M |
YoY Change | 15.76% | -10.25% | 16.0% |
Operating Profit | -$4.696M | -$18.38M | |
YoY Change | -10.25% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $60.00K | $170.0K | $20.00K |
YoY Change | 200.0% | 54.55% | 0.0% |
Pretax Income | -$4.630M | -$18.21M | -$4.040M |
YoY Change | 14.6% | -10.62% | -7.97% |
Income Tax | $0.00 | $200.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$4.634M | -$18.21M | -$4.040M |
YoY Change | 14.7% | -10.62% | -7.97% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.25 | -$1.11 | |
Diluted Earnings Per Share | -$0.25 | -$1.11 | -$316.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 18.25M shares | 16.47M shares | 12.79M shares |
Diluted Shares Outstanding | 16.47M shares |
Balance Sheet
Concept | 2015 Q4 | 2015 | 2014 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $44.38M | $44.38M | $27.67M |
YoY Change | 60.39% | 60.39% | -38.86% |
Cash & Equivalents | $20.01M | $20.01M | $27.67M |
Short-Term Investments | $24.38M | $24.38M | |
Other Short-Term Assets | $350.0K | $350.0K | $230.0K |
YoY Change | 52.17% | 52.17% | -70.13% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $140.0K | $140.0K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $44.88M | $44.88M | $27.90M |
YoY Change | 60.87% | 60.86% | -39.4% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $75.75K | $80.00K | $73.78K |
YoY Change | 2.67% | 14.29% | 156.24% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $400.0K | $400.0K | |
YoY Change | |||
Other Assets | $23.75K | $20.00K | $23.75K |
YoY Change | 0.0% | 0.0% | -47.22% |
Total Long-Term Assets | $499.8K | $500.0K | $97.54K |
YoY Change | 412.39% | 455.56% | 32.17% |
TOTAL ASSETS | |||
Total Short-Term Assets | $44.88M | $44.88M | $27.90M |
Total Long-Term Assets | $499.8K | $500.0K | $97.54K |
Total Assets | $45.38M | $45.38M | $27.99M |
YoY Change | 62.1% | 62.13% | -39.29% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $507.1K | $510.0K | $306.3K |
YoY Change | 65.56% | 64.52% | -70.18% |
Accrued Expenses | $2.885M | $2.880M | $1.327M |
YoY Change | 117.35% | 116.54% | 416.94% |
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 | $3.392M | $3.390M | $1.634M |
YoY Change | 107.64% | 107.98% | 27.24% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.392M | $3.390M | $1.634M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $3.392M | $3.390M | $1.634M |
YoY Change | 107.64% | 107.98% | 27.24% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$86.45M | -$68.24M | |
YoY Change | 26.68% | 42.56% | |
Common Stock | $1.825K | $1.280K | |
YoY Change | 42.58% | 1.03% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $40.71K | $40.71K | |
YoY Change | 0.0% | ||
Treasury Stock Shares | 5.710K shares | 5.710K shares | |
Shareholders Equity | $41.99M | $41.99M | $26.36M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $45.38M | $45.38M | $27.99M |
YoY Change | 62.1% | 62.13% | -39.29% |
Cashflow Statement
Concept | 2015 Q4 | 2015 | 2014 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.634M | -$18.21M | -$4.040M |
YoY Change | 14.7% | -10.62% | -7.97% |
Depreciation, Depletion And Amortization | $10.00K | $30.00K | $0.00 |
YoY Change | 200.0% | ||
Cash From Operating Activities | -$2.920M | -$15.36M | -$3.690M |
YoY Change | -20.87% | -11.24% | -10.22% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $28.69K | -$40.00K |
YoY Change | -100.0% | -51.87% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.010M | -$24.99M | $0.00 |
YoY Change | -125050.0% | ||
Cash From Investing Activities | -$1.010M | -$25.02M | -$40.00K |
YoY Change | 2425.0% | 62446.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $32.44M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | $32.72M | -280.0K |
YoY Change | -100.0% | -12683.2% | -102.23% |
NET CHANGE | |||
Cash From Operating Activities | -2.920M | -$15.36M | -3.690M |
Cash From Investing Activities | -1.010M | -$25.02M | -40.00K |
Cash From Financing Activities | 0.000 | $32.72M | -280.0K |
Net Change In Cash | -3.930M | -$7.658M | -4.010M |
YoY Change | -2.0% | -56.49% | -147.57% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.920M | -$15.36M | -$3.690M |
Capital Expenditures | $0.00 | $28.69K | -$40.00K |
Free Cash Flow | -$2.920M | -$15.38M | -$3.650M |
YoY Change | -20.0% | -11.37% | -11.19% |
Facts In Submission
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10000000 | USD |
CY2013Q3 | lpcn |
Percentage Of Fee To Be Received
PercentageOfFeeToBeReceived
|
0.2 | pure |
CY2013Q3 | lpcn |
Service Fee
ServiceFee
|
230 | USD |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
87000 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
817395 | USD |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1060750 | USD |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1034029 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
18250456 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
12800382 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18244746 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
12794672 | shares |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44823747 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1892835 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1150418 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
56776 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
276994 | USD |
CY2014 | lpcn |
Vesting Of Restricted Stock Awards Value
VestingOfRestrictedStockAwardsValue
|
0 | USD |
CY2015 | lpcn |
Vesting Of Restricted Stock Awards Value
VestingOfRestrictedStockAwardsValue
|
0 | USD |
CY2014 | lpcn |
Vesting Of Restricted Stock Units Value
VestingOfRestrictedStockUnitsValue
|
0 | USD |
CY2014 | us-gaap |
Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
|
40712 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
32439313 | USD |
CY2015 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
800000 | USD |
CY2014 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
0 | USD |
CY2015Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1041735 | USD |
CY2014Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1014615 | USD |
CY2015Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
51404 | USD |
CY2014Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
51404 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1136500 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1107811 | USD |
CY2015 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
200 | USD |
CY2014 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
200 | USD |
CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
200 | USD |
CY2014 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
200 | USD |
CY2015 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
0 | USD |
CY2014 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
0 | USD |
CY2015 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
200 | USD |
CY2014 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
200 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-6190781 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-6926642 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
6691992 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7748579 | USD |
CY2015 | lpcn |
Income Tax Rate Reconciliation Loss Of Tax Attributes Due To Change In Ownership
IncomeTaxRateReconciliationLossOfTaxAttributesDueToChangeInOwnership
|
0 | USD |
CY2014 | lpcn |
Income Tax Rate Reconciliation Loss Of Tax Attributes Due To Change In Ownership
IncomeTaxRateReconciliationLossOfTaxAttributesDueToChangeInOwnership
|
-127572 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
4697 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
3792 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
1713608 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
1851668 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
23677332 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
17479654 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
59472 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
41568 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
2052662 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
1419165 | USD |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1150418 | USD |
CY2014 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1892835 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
|
215638 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
|
97656 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
28204501 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
20889711 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
28200857 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
20886811 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
3644 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
2900 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
3644 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
2900 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
3644 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
2900 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0163 | pure |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0175 | pure |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8139 | pure |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.7630 | pure |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-18208378 | USD |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-20372676 | USD |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-18208378 | USD |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-20372676 | USD |
CY2015Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
128000 | USD |
CY2014Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | USD |
CY2015Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
2400000 | USD |
CY2015 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y22D | |
CY2015Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
24808320 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
594 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
33494 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
24775420 | USD |
CY2015Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
24808320 | USD |
CY2015Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
24775420 | USD |
CY2015 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
800000 | USD |
CY2015 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
7300000 | USD |
CY2014 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
9200000 | USD |
CY2015 | lpcn |
Operating Loss Carry Forwards Limitations On Use Amount
OperatingLossCarryForwardsLimitationsOnUseAmount
|
1100000 | USD |
CY2015 | lpcn |
Operating Loss Carry Forwards Preownership Change Amount
OperatingLossCarryForwardsPreownershipChangeAmount
|
20200000 | USD |
CY2015 | lpcn |
Operating Loss Forgive Pre Ownership Change Amount
OperatingLossForgivePreOwnershipChangeAmount
|
5500000 | USD |
CY2015 | lpcn |
Tax Credit Carryforward Preownership Change Amount
TaxCreditCarryforwardPreownershipChangeAmount
|
1200000 | USD |
CY2015Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
59900000 | USD |
CY2015Q4 | us-gaap |
Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
|
1400000 | USD |
CY2015 | us-gaap |
Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
|
568000 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
658000 | USD |
CY2015 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1 | pure |
CY2015 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
74000 | USD |
CY2014 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
48000 | USD |
CY2013Q3 | lpcn |
Description Of Terms Of Service Agreement
DescriptionOfTermsOfServiceAgreement
|
Under the service agreement, the Company will provide facilities and up to 10 percent of the services of certain employees to Spriaso for a period of 18 months | |
CY2015Q4 | lpcn |
Deferred Tax Assets Orphan Drug Tax Credit
DeferredTaxAssetsOrphanDrugTaxCredit
|
485789 | USD |
CY2014Q4 | lpcn |
Deferred Tax Assets Orphan Drug Tax Credit
DeferredTaxAssetsOrphanDrugTaxCredit
|
0 | USD |
CY2015 | lpcn |
Proceeds From Reimbursement
ProceedsFromReimbursement
|
61000 | USD |
CY2015Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5710 | shares |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5710 | shares |
CY2015Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
63.96 | |
CY2015 | lpcn |
Class Of Warrant Or Right Redemption Price Of Warrants Or Rights
ClassOfWarrantOrRightRedemptionPriceOfWarrantsOrRights
|
0.001 | |
CY2015 | us-gaap |
Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable
ClassOfWarrantOrRighstDateFromWhichWarrantsOrRightsExercisable
|
2018-11-12 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y9M | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M13D | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
6.60 | |
CY2015 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -24.5pt; MARGIN: 0pt 0px 0pt 48.95pt; FONT: 10pt Times New Roman, Times, Serif"> </div> <table style="MARGIN-TOP: 0pt; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 24.45pt"></td> <td style="TEXT-ALIGN: left; WIDTH: 24.5pt"> <div><b><i>(a)</i></b></div> </td> <td style="TEXT-ALIGN: justify"> <div><b><i>Use of Estimates</i></b></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 48.95pt; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 48.95pt; FONT: 10pt Times New Roman, Times, Serif"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include those related to revenue recognition; stock-based compensation; valuation of deferred taxes; income tax uncertainties; and the useful lives of property and equipment.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
24903325 | USD |
CY2015Q4 | lpcn |
Computer Equipment And Capitalized Computer Software Gross
ComputerEquipmentAndCapitalizedComputerSoftwareGross
|
43361 | USD |
CY2014Q4 | lpcn |
Computer Equipment And Capitalized Computer Software Gross
ComputerEquipmentAndCapitalizedComputerSoftwareGross
|
41792 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
371373 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
387119 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
58903 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
132 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
132 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
102221 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
45097 | USD |
CY2015 | lpcn |
Income Tax Reconciliation Orphan Drug Tax Credits
IncomeTaxReconciliationOrphanDrugTaxCredits
|
155452 | USD |
CY2014 | lpcn |
Income Tax Reconciliation Orphan Drug Tax Credits
IncomeTaxReconciliationOrphanDrugTaxCredits
|
0 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
452609 | USD |
CY2014 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
743186 | USD |