2019 Q4 Form 10-K Financial Statement

#000106282220000015 Filed on March 12, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q2 2019 Q1
Revenue $8.727M $9.682M $9.216M
YoY Change -48.88% -29.83% -63.68%
Cost Of Revenue $800.0K $1.327M $553.0K
YoY Change 33.33% 58.35% 3.75%
Gross Profit $8.000M $8.355M $8.663M
YoY Change -52.38% -35.53% -65.13%
Gross Profit Margin 91.67% 86.29% 94.0%
Selling, General & Admin $14.60M $14.30M $14.10M
YoY Change -12.05% -14.88% -5.1%
% of Gross Profit 182.5% 171.15% 162.76%
Research & Development $40.60M $12.64M $12.02M
YoY Change 235.54% -52.27% -74.79%
% of Gross Profit 507.5% 151.25% 138.77%
Depreciation & Amortization $1.000M $900.0K $901.0K
YoY Change 11.11% -10.0% -2.59%
% of Gross Profit 12.5% 10.77% 10.4%
Operating Expenses $55.10M $28.23M $26.69M
YoY Change 92.66% -35.95% -57.7%
Operating Profit -$47.22M -$18.55M -$17.47M
YoY Change 281.8% -38.74% -53.68%
Interest Expense -$5.200M $5.164M $5.117M
YoY Change 0.0% -0.44% 0.08%
% of Operating Profit
Other Income/Expense, Net $1.300M $691.0K $789.0K
YoY Change 62.5% -24.07% -21.49%
Pretax Income -$51.10M -$23.00M -$21.80M
YoY Change 213.5% -33.73% -48.19%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$51.14M -$23.02M -$21.80M
YoY Change 204.72% -33.38% -47.88%
Net Earnings / Revenue -585.97% -237.74% -236.51%
Basic Earnings Per Share -$0.48 -$0.22 -$0.21
Diluted Earnings Per Share -$0.48 -$0.22 -$0.21
COMMON SHARES
Basic Shares Outstanding 106.3M shares 106.3M shares 106.1M shares
Diluted Shares Outstanding 106.3M shares 106.3M shares 106.1M shares

Balance Sheet

Concept 2019 Q4 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $271.7M $106.0M $133.1M
YoY Change 69.71% -49.45% -49.26%
Cash & Equivalents $36.11M $11.11M $45.78M
Short-Term Investments $235.5M $94.90M $87.40M
Other Short-Term Assets $5.320M $6.625M $4.686M
YoY Change 99.4% 67.55% 9.38%
Inventory $4.243M $4.277M $4.606M
Prepaid Expenses
Receivables $56.53M $5.580M $4.390M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $337.8M $122.5M $146.8M
YoY Change 94.87% -44.39% -46.25%
LONG-TERM ASSETS
Property, Plant & Equipment $14.05M $15.01M $15.48M
YoY Change -11.46% -10.52% -10.26%
Goodwill $44.54M $44.54M $44.54M
YoY Change 0.0% 0.0% 0.0%
Intangibles $19.70M $49.24M $49.68M
YoY Change -60.69% -3.46% -3.43%
Long-Term Investments
YoY Change
Other Assets $1.655M $1.898M $1.993M
YoY Change 480.7% 342.42% 361.34%
Total Long-Term Assets $79.96M $110.7M $111.7M
YoY Change -27.84% -1.83% -1.74%
TOTAL ASSETS
Total Short-Term Assets $337.8M $122.5M $146.8M
Total Long-Term Assets $79.96M $110.7M $111.7M
Total Assets $417.7M $233.1M $258.5M
YoY Change 47.01% -29.97% -33.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.18M $10.03M $13.87M
YoY Change 1.05% -80.12% -79.15%
Accrued Expenses $42.15M $9.083M $10.80M
YoY Change 98.4% -29.4% -16.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.01M $1.115M $1.115M
YoY Change 887.62% -91.35% -91.75%
Total Short-Term Liabilities $65.34M $22.47M $28.22M
YoY Change 77.79% -72.38% -71.88%
LONG-TERM LIABILITIES
Long-Term Debt $234.2M $244.0M $243.9M
YoY Change -3.98% 5.06% 5.19%
Other Long-Term Liabilities $1.102M $1.325M $1.433M
YoY Change 363.03% 400.0% 413.62%
Total Long-Term Liabilities $235.3M $245.3M $245.3M
YoY Change -3.63% 5.51% 5.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $65.34M $22.47M $28.22M
Total Long-Term Liabilities $235.3M $245.3M $245.3M
Total Liabilities $300.6M $298.0M $304.2M
YoY Change -3.2% -11.83% -15.64%
SHAREHOLDERS EQUITY
Retained Earnings -$1.341B -$1.516B -$1.493B
YoY Change -8.84% 5.02% 5.97%
Common Stock $106.0K $106.0K $106.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.817M $3.817M $3.817M
YoY Change 32.72% 32.72% 32.72%
Treasury Stock Shares 407.0K shares 407.0K shares 407.0K shares
Shareholders Equity $117.1M -$64.89M -$45.69M
YoY Change
Total Liabilities & Shareholders Equity $417.7M $233.1M $258.5M
YoY Change 47.01% -29.97% -33.17%

Cashflow Statement

Concept 2019 Q4 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$51.14M -$23.02M -$21.80M
YoY Change 204.72% -33.38% -47.88%
Depreciation, Depletion And Amortization $1.000M $900.0K $901.0K
YoY Change 11.11% -10.0% -2.59%
Cash From Operating Activities -$24.40M -$26.90M -$25.62M
YoY Change -9.96% -48.76% -45.23%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $70.00K
YoY Change -100.0% 75.0%
Acquisitions
YoY Change
Other Investing Activities -$109.4M -$7.400M -$7.700M
YoY Change -286.05% -115.61% -208.45%
Cash From Investing Activities -$109.4M -$7.500M -$7.726M
YoY Change -286.05% -115.86% -209.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $941.0K
YoY Change -0.63%
Debt Paid & Issued, Net $321.0K
YoY Change -44.75%
Cash From Financing Activities -300.0K -300.0K -$1.262M
YoY Change 200.0% 50.0% -17.41%
NET CHANGE
Cash From Operating Activities -24.40M -26.90M -$25.62M
Cash From Investing Activities -109.4M -7.500M -$7.726M
Cash From Financing Activities -300.0K -300.0K -$1.262M
Net Change In Cash -134.1M -34.70M -$34.61M
YoY Change -524.37% 542.59% -16.08%
FREE CASH FLOW
Cash From Operating Activities -$24.40M -$26.90M -$25.62M
Capital Expenditures $0.00 $0.00 $70.00K
Free Cash Flow -$24.40M -$26.90M -$25.69M
YoY Change -9.96% -48.66% -45.12%

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CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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96000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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210000 USD
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CY2017 us-gaap Comprehensive Income Net Of Tax
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9472000 USD
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CY2017Q4 us-gaap Stockholders Equity
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CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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210000 USD
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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14218000 USD
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0 USD
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96000 USD
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CY2018 us-gaap Profit Loss
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CY2017 us-gaap Profit Loss
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3654000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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3683000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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3399000 USD
CY2019 lxrx Change In Fair Value Of Symphony Icon Inc Purchase Liability
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0 USD
CY2018 lxrx Change In Fair Value Of Symphony Icon Inc Purchase Liability
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0 USD
CY2017 lxrx Change In Fair Value Of Symphony Icon Inc Purchase Liability
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2101000 USD
CY2019 us-gaap Share Based Compensation
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14218000 USD
CY2018 us-gaap Share Based Compensation
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CY2017 us-gaap Share Based Compensation
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9472000 USD
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0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
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CY2019 us-gaap Amortization Of Financing Costs And Discounts
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1465000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
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1336000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
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599000 USD
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CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Increase Decrease In Accounts Receivable
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50608000 USD
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1099000 USD
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2732000 USD
CY2017 us-gaap Increase Decrease In Inventories
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1948000 USD
CY2017 us-gaap Increase Decrease In Inventories
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1948000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2652000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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557000 USD
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CY2018 us-gaap Increase Decrease In Other Operating Assets
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-144000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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20097000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-25990000 USD
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-22940000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
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-185394000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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70000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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95000 USD
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228000 USD
CY2019 us-gaap Payments To Acquire Investments
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322385000 USD
CY2018 us-gaap Payments To Acquire Investments
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119987000 USD
CY2017 us-gaap Payments To Acquire Investments
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50522000 USD
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732000 USD
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1679000 USD
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0 USD
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12529000 USD
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145905000 USD
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1285000 USD
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14533000 USD
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2280000 USD
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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18725000 USD
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15061000 USD
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80386000 USD
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61661000 USD
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46600000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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36112000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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80386000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2018 us-gaap Interest Paid Net
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16465000 USD
CY2017 us-gaap Interest Paid Net
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5870000 USD
CY2019 lxrx Shares Issued To Symphony Designees Value
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0 USD
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0 USD
CY2017 lxrx Shares Issued To Symphony Designees Value
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10499000 USD
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5700000 USD
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<span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Use of Estimates:</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The preparation of financial statements in conformity with U. S. generally accepted accounting principles (“GAAP”) 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 period. Actual results could differ from those estimates.</span>
CY2019Q4 us-gaap Inventory Raw Materials
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3182000 USD
CY2018Q4 us-gaap Inventory Raw Materials
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3564000 USD
CY2019Q4 us-gaap Inventory Work In Process
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153000 USD
CY2018Q4 us-gaap Inventory Work In Process
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232000 USD
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4680000 USD
CY2019Q4 us-gaap Inventory Finished Goods
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908000 USD
CY2018Q4 us-gaap Inventory Finished Goods
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884000 USD
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4243000 USD
CY2019 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributed To Germany
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0.89
CY2019 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile Percent
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0.10
CY2018 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributed To Germany
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0.53
CY2018 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile Percent
DisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicilePercent
0.40
CY2017 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributed To Germany
DisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToGermany
0.65
CY2017 lxrx Disclosure On Geographic Areas Revenue From External Customers Attributedto France
DisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedtoFrance
0.18
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DisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicilePercent
0.17
CY2019 us-gaap Number Of Operating Segments
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1 segment
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0.89
CY2018 lxrx Entity Wide Revenue Sanofi Percentage
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0.53
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0.25
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0.65
CY2017 lxrx Entity Wide Revenue Ipsen Percentage
EntityWideRevenueIpsenPercentage
0.18
lxrx Xermelo Intangible Assets Finite Lived
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24700000 USD
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1766000 USD
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1766000 USD
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1766000 USD
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1766000 USD
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1766000 USD
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10886000 USD
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19716000 USD
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0 USD
CY2019 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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28600000 USD
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0 USD
CY2019 lxrx Cost Of Goods And Services Sold Period Reflecting Lower Average Per Unit Cost Of Materials
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P12M
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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24000000.0 USD
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P1Y1M6D
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271659000 USD
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80386000 USD
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160052000 USD
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CY2018Q4 us-gaap Property Plant And Equipment Gross
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61741000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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60006000 USD
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CY2018Q4 us-gaap Property Plant And Equipment Net
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206789000 USD
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47087000 USD
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24524000 USD
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58596000 USD
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71047000 USD
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5340000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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4641000 USD
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
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0 USD
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
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5458000 USD
CY2018Q4 lxrx Deferred Tax Assets Section163j Lxrx
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3625000 USD
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5533000 USD
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6044000 USD
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CY2018Q4 us-gaap Deferred Tax Assets Gross
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369215000 USD
CY2019Q4 lxrx Deferred Tax Liability Related To Acquisition Of Symphony Icon
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4140000 USD
CY2018Q4 lxrx Deferred Tax Liability Related To Acquisition Of Symphony Icon
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10525000 USD
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3000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
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2000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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6014000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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4143000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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10527000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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329426000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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364702000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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0 USD
CY2019Q4 lxrx Deferred Tax Liability Related To Acquisition Of Symphony Icon
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4100000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.35
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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26065000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-25315000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-47479000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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445000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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-809000 USD
CY2017 lxrx Effective Income Tax Rate Reconciliation Symphony Icon Fv Adjustment
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735000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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-2324000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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1688000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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1059000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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1447000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
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0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
-978000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
-1993000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
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0 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
-189000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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169464000 USD
CY2018 lxrx Effective Income Tax Rate Reconciliation Symphony Icon Fv Adjustment
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0 USD
CY2019 lxrx Effective Income Tax Rate Reconciliation Symphony Icon Fv Adjustment
EffectiveIncomeTaxRateReconciliationSymphonyIconFVAdjustment
0 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-35276000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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25928000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-126634000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1064000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
115000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
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-372000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6014000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2019Q4 us-gaap Operating Loss Carryforwards
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CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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83000000.0 USD
CY2019 lxrx Federal Net Operating Loss Change
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62200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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46300000 USD
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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35300000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2018 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2017Q1 lxrx Deferred Tax Liabilityfrom Reclassified Intangible Asset
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8700000 USD
CY2017Q4 lxrx Deferred Tax Liabilityfrom Reclassified Indefinitelived Intangible
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4000000.0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0 USD
CY2001Q3 lxrx Coelacanth Goodwill
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25800000 USD
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36000000.0 USD
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18700000 USD
CY2014Q4 us-gaap Proceeds From Convertible Debt
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87500000 USD
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0.0525
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0.0525
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118.4553
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8.442
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1
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3400000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
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900000 USD
CY2019Q4 us-gaap Debt Instrument Fair Value
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64800000 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
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CY2018Q3 lxrx Mortgage Debt Instrument Revere Lxrx
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12900000 USD
CY2018Q3 us-gaap Property Plant And Equipment Useful Life
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P10Y
CY2018Q3 lxrx Mortgage Debt Interest Rate Base Revere Lxrx
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0.055
CY2018Q3 lxrx Mortgage Debt Interest Rate Base Plus Revere Lxrx
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0.075
CY2018Q3 lxrx Mortgage Debt Balloon Payment Lxrx
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10300000 USD
CY2018Q3 lxrx Mortgage Debt Issue Costs Revere Lxrx
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400000 USD
CY2019Q4 lxrx Mortgage Debt Issue Costs Revere Lxrx
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100000 USD
CY2019Q4 us-gaap Mortgage Loans On Real Estate
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11000000.0 USD
CY2019Q4 lxrx Buildings Collateral
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59200000 USD
CY2019Q4 lxrx Land Collateral
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2700000 USD
CY2017Q4 us-gaap Debt Instrument Face Amount
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150000000 USD
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4100000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
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2400000 USD
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87500000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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150000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2019Q4 us-gaap Long Term Debt
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CY2019Q4 us-gaap Long Term Debt Current
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CY2019Q4 us-gaap Long Term Debt Noncurrent
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234171000 USD
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1700000 USD
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20000000 shares
CY2019 lxrx Stock Option Exercise Price As Percent Of Value Of Common Stock
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1
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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1100000 USD
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620000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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632000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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645000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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0 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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0 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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0 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
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1897000 USD
CY2019 lxrx Interest On Lease Payments
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1655000 USD
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CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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1102000 USD
CY2019Q4 lxrx Options Outstanding Equity Incentive Plan
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7456905 shares
CY2019Q4 lxrx Restricted Stock Units Outstanding Equity Incentive Plan
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2801928 shares
CY2019Q4 lxrx Stock Options Exercised Equity Incentive Plan
StockOptionsExercisedEquityIncentivePlan
1909515 shares
CY2019Q4 lxrx Shares Issued Pursuant To Restricted Stock Units Equity Incentive Plan
SharesIssuedPursuantToRestrictedStockUnitsEquityIncentivePlan
1968979 shares
CY2019Q4 lxrx Shares Issued Pursuant To Stock Bonus Awards Equity Incentive Plan
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113940 shares
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Totalvalueofsharesbynonemployeeinayear
500000 USD
CY2019Q4 lxrx Total Shares That May Be Issued Non Employee Directors Equity Incentive Plan
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600000 shares
CY2019Q4 lxrx Options Outstanding Non Employee Directors Equity Incentive Plan
OptionsOutstandingNonEmployeeDirectorsEquityIncentivePlan
237850 shares
CY2019Q4 lxrx Stock Options Exercised Non Employee Directors Equity Incentive Plan
StockOptionsExercisedNonEmployeeDirectorsEquityIncentivePlan
0 shares
CY2019Q4 lxrx Shares Issued Pursuant To Restricted Stock Awards Non Employee Directors Equity Incentive Plan
SharesIssuedPursuantToRestrictedStockAwardsNonEmployeeDirectorsEquityIncentivePlan
103208 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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3.18
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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5.63
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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8.59
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200000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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2000000.0 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
200000 USD
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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0 USD
CY2019 lxrx Share Based Compensation Arrangement By Share Based Payment Award Stock Bonus And Restricted Stock Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockBonusAndRestrictedStockGrantsInPeriod
27728 shares
CY2018 lxrx Share Based Compensation Arrangement By Share Based Payment Award Stock Bonus And Restricted Stock Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockBonusAndRestrictedStockGrantsInPeriod
20512 shares
CY2017 lxrx Share Based Compensation Arrangement By Share Based Payment Award Stock Bonus And Restricted Stock Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockBonusAndRestrictedStockGrantsInPeriod
10248 shares
CY2019 lxrx Sharebased Compensation Arrangementby Sharebased Payment Award Stock Bonusand Restricted Stockto Consultants Grantsin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardStockBonusandRestrictedStocktoConsultantsGrantsinPeriodWeightedAverageGrantDateFairValue
5.67
CY2018 lxrx Sharebased Compensation Arrangementby Sharebased Payment Award Stock Bonusand Restricted Stockto Consultants Grantsin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardStockBonusandRestrictedStocktoConsultantsGrantsinPeriodWeightedAverageGrantDateFairValue
7.80
CY2017 lxrx Sharebased Compensation Arrangementby Sharebased Payment Award Stock Bonusand Restricted Stockto Consultants Grantsin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardStockBonusandRestrictedStocktoConsultantsGrantsinPeriodWeightedAverageGrantDateFairValue
15.61
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2900000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
3300000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
4700000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
10524411 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5979947 shares
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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1200000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1000000.0 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1000000.0 USD
CY2019 lxrx Settlement Payment From Termination
SettlementPaymentFromTermination
208000000 USD
CY2019Q4 lxrx Settlement Payment Obligation
SettlementPaymentObligation
26000000 USD
CY2015Q4 lxrx Sanofi Upfront Payment
SanofiUpfrontPayment
300000000 USD
CY2015Q4 lxrx Sanofi Development Milestones
SanofiDevelopmentMilestones
110000000 USD
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Number Of Development Milestones
ResearchAndDevelopmentArrangementContractToPerformForOthersNumberOfDevelopmentMilestones
4 milestone
CY2015Q4 lxrx Sanofi Regulatory Milestones
SanofiRegulatoryMilestones
220000000 USD
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Number Of Regulatory Milestones
ResearchAndDevelopmentArrangementContractToPerformForOthersNumberOfRegulatoryMilestones
4 milestone
CY2015Q4 lxrx Sanofi Outcomes Study Milestone
SanofiOutcomesStudyMilestone
100000000 USD
CY2015Q4 lxrx Sanofi Sales Milestone Payments
SanofiSalesMilestonePayments
990000000 USD
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Number Of Commercial Milestones
ResearchAndDevelopmentArrangementContractToPerformForOthersNumberOfCommercialMilestones
6 milestone
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Royalties Percentage
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0.40
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Commercial Costs Funded Percentage
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0.40
CY2015Q4 lxrx Sanofi Commercialization Costs Fundedby Lexicon Maximum Amount
SanofiCommercializationCostsFundedbyLexiconMaximumAmount
100000000 USD
CY2015Q4 lxrx Research And Development Arrangement Contract To Perform For Others Expiration Period
ResearchAndDevelopmentArrangementContractToPerformForOthersExpirationPeriod
P10Y
CY2015Q4 lxrx Sanofi Upfront Payment
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300000000 USD
CY2015Q4 lxrx Sanofi Upfront Payment
SanofiUpfrontPayment
300000000 USD
CY2015Q4 lxrx Sanofi Commercialization Costs Fundedby Lexicon Maximum Amount
SanofiCommercializationCostsFundedbyLexiconMaximumAmount
100000000 USD
CY2015Q4 lxrx Sanofi Revenue Allocatedto License Deliverable
SanofiRevenueAllocatedtoLicenseDeliverable
126800000 USD
CY2015Q4 lxrx Sanofi Upfront Payment
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300000000 USD
CY2015Q4 lxrx Sanofi Revenue Allocatedto Development Deliverable
SanofiRevenueAllocatedtoDevelopmentDeliverable
113800000 USD
CY2015Q4 lxrx Sanofi Revenue Allocatedto Funding Deliverable
SanofiRevenueAllocatedtoFundingDeliverable
59400000 USD
CY2019 lxrx Sanofi Deferred Revenue From Termination
SanofiDeferredRevenueFromTermination
23500000 USD
CY2019 lxrx Sanofi Termination Agreement
SanofiTerminationAgreement
260000000 USD
CY2019 lxrx Sanofi Revenue Recognized
SanofiRevenueRecognized
286000000 USD
CY2018 lxrx Sanofi Revenue Recognized
SanofiRevenueRecognized
33200000 USD
CY2017 lxrx Sanofi Revenue Recognized
SanofiRevenueRecognized
60100000 USD
CY2019Q4 lxrx Ipsen Total Payments To Date
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47200000 USD
CY2014Q4 lxrx Ipsen Total Upfront Payments
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24500000 USD
CY2016Q3 lxrx Ipsen Milestone Payment Received
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6400000 USD
CY2019Q3 lxrx Ipsen Milestone Payment Received
IpsenMilestonePaymentReceived
5100000 USD
CY2017Q4 lxrx Ipsen Milestone Payment Received
IpsenMilestonePaymentReceived
3800000 USD
CY2017Q4 lxrx Ipsen Milestone Payment Received
IpsenMilestonePaymentReceived
3800000 USD
CY2018Q4 lxrx Ipsen Milestone Payment Received
IpsenMilestonePaymentReceived
1300000 USD
CY2014Q4 lxrx Ipsen Maximum Regulatory And Commercial Milestones
IpsenMaximumRegulatoryAndCommercialMilestones
9600000 USD
CY2014Q4 lxrx Ipsen Maximum Sales Milestones
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72000000 EUR
CY2014Q4 lxrx Ipsen Total Upfront Payments
IpsenTotalUpfrontPayments
24500000 USD
CY2014Q4 lxrx Ipsen Total Upfront Payments
IpsenTotalUpfrontPayments
24500000 USD
CY2014Q4 lxrx Ipsen Revenue Allocatedto License Deliverable
IpsenRevenueAllocatedtoLicenseDeliverable
21200000 USD
CY2014Q4 lxrx Ipsen Total Upfront Payments
IpsenTotalUpfrontPayments
24500000 USD
CY2018 lxrx Ipsen Revenue Allocatedto License Deliverable
IpsenRevenueAllocatedtoLicenseDeliverable
1400000 USD
CY2014Q4 lxrx Ipsen Revenue Allocatedto Development Deliverable
IpsenRevenueAllocatedtoDevelopmentDeliverable
1700000 USD
CY2014Q4 lxrx Ipsen Revenue Allocatedto Committee Deliverable
IpsenRevenueAllocatedtoCommitteeDeliverable
100000 USD
CY2019 lxrx Ipsen Revenue Recognized
IpsenRevenueRecognized
4900000 USD
CY2018 lxrx Ipsen Revenue Recognized
IpsenRevenueRecognized
4600000 USD
CY2017 lxrx Ipsen Revenue Recognized
IpsenRevenueRecognized
16200000 USD
CY2019 lxrx Ipsen Royalty Income Lxrx
IpsenRoyaltyIncome_LXRX
300000 USD
CY2018 lxrx Ipsen Royalty Income Lxrx
IpsenRoyaltyIncome_LXRX
100000 USD
CY2019 lxrx Ipsenproductsales
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1600000 USD
CY2018 lxrx Ipsenproductsales
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800000 USD
CY2019 us-gaap Net Income Loss
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130133000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
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CY2017 us-gaap Net Income Loss
NetIncomeLoss
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CY2019 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
5067000 USD
CY2018 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
0 USD
CY2017 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
0 USD
CY2019 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
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135200000 USD
CY2018 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
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-120548000 USD
CY2017 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
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CY2019 us-gaap Weighted Average Number Of Shares Issued Basic
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106218000 shares
CY2018 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
105830000 shares
CY2017 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
105237000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
164000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
10365000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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116747000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105830000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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105237000 shares
CY2019 us-gaap Earnings Per Share Basic
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1.23
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.17
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.17
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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8206390 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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7438134 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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5907643 shares
CY2019Q1 us-gaap Revenues
Revenues
9216000 USD
CY2019Q2 us-gaap Revenues
Revenues
9682000 USD
CY2019Q3 us-gaap Revenues
Revenues
294448000 USD
CY2019Q4 us-gaap Revenues
Revenues
8727000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-17469000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-18545000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
224676000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-47217000 USD
CY2019Q1 us-gaap Net Income Loss
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CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q3 us-gaap Net Income Loss
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226086000 USD
CY2019Q4 us-gaap Net Income Loss
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CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.13
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2019Q2 us-gaap Earnings Per Share Diluted
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-0.22
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.95
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
CY2019Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
106054000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
106272000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
106272000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
106272000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106054000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106272000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
116640000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106272000 shares
CY2018Q1 us-gaap Revenues
Revenues
25374000 USD
CY2018Q2 us-gaap Revenues
Revenues
13798000 USD
CY2018Q3 us-gaap Revenues
Revenues
6966000 USD
CY2018Q4 us-gaap Revenues
Revenues
17071000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-37713000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-30272000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-22927000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-12367000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-41821000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-34549000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-27396000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-16782000 USD
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.40
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.33
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.16
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105668000 shares
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105848000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105881000 shares
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105920000 shares
CY2019 lxrx Sanofi Termination Agreement
SanofiTerminationAgreement
260000000 USD

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