2019 Q2 Form 10-Q Financial Statement
#000119312519142945 Filed on May 09, 2019
Income Statement
Concept | 2019 Q2 | 2019 Q1 | 2018 Q1 |
---|---|---|---|
Revenue | $1.129M | $1.249M | $433.0K |
YoY Change | 106.02% | 188.45% | -90.39% |
Cost Of Revenue | $1.100M | $1.163M | $930.0K |
YoY Change | -0.9% | 25.05% | -18.92% |
Gross Profit | $30.00K | $86.00K | -$497.0K |
YoY Change | -105.36% | -117.3% | -114.8% |
Gross Profit Margin | 2.66% | 6.89% | -114.78% |
Selling, General & Admin | $3.740M | $3.630M | $2.490M |
YoY Change | 52.03% | 45.78% | 15.81% |
% of Gross Profit | 12466.67% | 4220.93% | |
Research & Development | $8.030M | $9.071M | $3.071M |
YoY Change | 80.04% | 195.38% | 63.7% |
% of Gross Profit | 26766.67% | 10547.67% | |
Depreciation & Amortization | $30.00K | $20.00K | $10.00K |
YoY Change | 200.0% | 100.0% | 0.0% |
% of Gross Profit | 100.0% | 23.26% | |
Operating Expenses | $11.78M | $9.071M | $3.071M |
YoY Change | 70.48% | 195.38% | 63.7% |
Operating Profit | -$11.75M | -$12.62M | -$6.054M |
YoY Change | 57.3% | 108.39% | 803.58% |
Interest Expense | $14.80M | -$4.740M | $110.0K |
YoY Change | -225.64% | -4409.09% | 57.14% |
% of Operating Profit | |||
Other Income/Expense, Net | $14.36M | -$5.200M | |
YoY Change | -247.89% | ||
Pretax Income | $3.050M | -$17.36M | -$5.950M |
YoY Change | -115.84% | 191.76% | 891.67% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | ||
Net Earnings | $3.052M | -$17.35M | -$5.948M |
YoY Change | -115.85% | 191.76% | 888.04% |
Net Earnings / Revenue | 270.33% | -1389.43% | -1373.67% |
Basic Earnings Per Share | $0.04 | -$0.24 | -$0.16 |
Diluted Earnings Per Share | -$0.15 | -$0.24 | -$0.16 |
COMMON SHARES | |||
Basic Shares Outstanding | 71.29M | 71.20M | 37.45M |
Diluted Shares Outstanding | 71.20M | 37.45M |
Balance Sheet
Concept | 2019 Q2 | 2019 Q1 | 2018 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $74.50M | $82.30M | $36.20M |
YoY Change | -27.46% | 127.35% | -36.27% |
Cash & Equivalents | $9.590M | $7.426M | $6.198M |
Short-Term Investments | $64.90M | $74.90M | $30.00M |
Other Short-Term Assets | $2.400M | $3.200M | $900.0K |
YoY Change | 50.0% | 255.56% | -67.86% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $82.20M | $85.44M | $37.06M |
YoY Change | -21.21% | 130.58% | -37.74% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $204.0K | $213.0K | $36.00K |
YoY Change | 537.5% | 491.67% | 2.86% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $465.0K | $483.0K | $341.0K |
YoY Change | 41.77% | 41.64% | -9.07% |
TOTAL ASSETS | |||
Total Short-Term Assets | $82.20M | $85.44M | $37.06M |
Total Long-Term Assets | $465.0K | $483.0K | $341.0K |
Total Assets | $82.66M | $85.93M | $37.40M |
YoY Change | -21.02% | 129.77% | -37.56% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.787M | $1.969M | $1.259M |
YoY Change | 31.4% | 56.39% | 420.25% |
Accrued Expenses | $4.559M | $5.685M | $2.382M |
YoY Change | 31.99% | 138.66% | -35.81% |
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 | $14.30M | $11.85M | $4.484M |
YoY Change | 81.37% | 164.3% | -10.12% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $20.40M | $36.20M | |
YoY Change | -55.94% | ||
Total Long-Term Liabilities | $20.40M | $36.20M | $0.00 |
YoY Change | -55.94% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $14.30M | $11.85M | $4.484M |
Total Long-Term Liabilities | $20.40M | $36.20M | $0.00 |
Total Liabilities | $34.73M | $48.04M | $4.500M |
YoY Change | -35.91% | 967.64% | -10.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$231.2M | -$234.3M | -$195.1M |
YoY Change | 7.84% | 20.05% | 14.8% |
Common Stock | $279.1M | $272.2M | $228.1M |
YoY Change | 5.4% | 19.33% | 1.41% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $47.93M | $37.88M | $32.91M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $82.66M | $85.93M | $37.40M |
YoY Change | -21.02% | 129.77% | -37.56% |
Cashflow Statement
Concept | 2019 Q2 | 2019 Q1 | 2018 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $3.052M | -$17.35M | -$5.948M |
YoY Change | -115.85% | 191.76% | 888.04% |
Depreciation, Depletion And Amortization | $30.00K | $20.00K | $10.00K |
YoY Change | 200.0% | 100.0% | 0.0% |
Cash From Operating Activities | -$8.060M | -$11.34M | -$6.240M |
YoY Change | 114.93% | 81.73% | -490.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.00K | -$40.00K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $9.970M | $9.800M | $5.090M |
YoY Change | -116.78% | 92.53% | -201.39% |
Cash From Investing Activities | $9.960M | $9.760M | $5.090M |
YoY Change | -116.76% | 91.75% | -201.6% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 280.0K | 250.0K | 0.000 |
YoY Change | -99.6% | ||
NET CHANGE | |||
Cash From Operating Activities | -8.060M | -11.34M | -6.240M |
Cash From Investing Activities | 9.960M | 9.760M | 5.090M |
Cash From Financing Activities | 280.0K | 250.0K | 0.000 |
Net Change In Cash | 2.180M | -1.330M | -1.150M |
YoY Change | -69.34% | 15.65% | -66.28% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.060M | -$11.34M | -$6.240M |
Capital Expenditures | -$10.00K | -$40.00K | $0.00 |
Free Cash Flow | -$8.050M | -$11.30M | -$6.240M |
YoY Change | 114.67% | 81.09% | -490.0% |
Facts In Submission
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CashAndCashEquivalentsAtCarryingValue
|
8458000 | |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7426000 | |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6198000 | |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
1249000 | |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
433000 | |
us-gaap |
Revenues
Revenues
|
3785000 | ||
CY2019Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
8400000 | |
CY2018Q2 | meip |
Accounts Receivable Net Beginning Balance
AccountsReceivableNetBeginningBalance
|
82000 | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
51000 | ||
CY2019Q1 | meip |
Accounts Receivable Net Ending Balance
AccountsReceivableNetEndingBalance
|
133000 | |
CY2018Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
312000 | |
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
85000 | ||
CY2019Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
397000 | |
CY2018Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
788000 | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
7631000 | ||
meip |
Agreement Termination Notice Period
AgreementTerminationNoticePeriod
|
P90D | ||
meip |
Percentage Of Purchases From Major Suppliers
PercentageOfPurchasesFromMajorSuppliers
|
1.00 | ||
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5948000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-19872000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-20815000 | ||
CY2018Q1 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
0 | |
us-gaap |
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
0 | ||
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5948000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-43309000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-20815000 | ||
CY2019Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
24207000 | |
CY2018Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5913000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7912000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18819000 | ||
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
942000 | ||
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | ||
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
71200000 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37449000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37369000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72011000 | ||
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
71200000 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
37052000 | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
36970000 | ||
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
71069000 | ||
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
71200000 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37449000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37369000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
71069000 | ||
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
397000 | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
399000 | ||
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
0 | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
0 | ||
CY2019Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
46000 | |
CY2018Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
21000 | |
CY2019Q1 | meip |
Lease Arrangement Rent Area
LeaseArrangementRentArea
|
13700 | |
CY2018Q3 | meip |
Lease Arrangement Rent Area
LeaseArrangementRentArea
|
7000 | |
CY2019Q1 | meip |
Milestone Payments Maximum Amount
MilestonePaymentsMaximumAmount
|
74500000 | |
CY2019Q1 | meip |
Percentage Of Purchases From Major Suppliers
PercentageOfPurchasesFromMajorSuppliers
|
1.00 | |
CY2019Q1 | meip |
Shelf Registration Statement Value
ShelfRegistrationStatementValue
|
150000000 | |
CY2018Q2 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
70200000 | |
CY2018Q2 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
36600000 | |
meip |
Exercise Of Warrants For Common Stock
ExerciseOfWarrantsForCommonStock
|
440043 | ||
CY2019Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
16061602 | |
us-gaap |
Revenues
Revenues
|
1074000 | ||
meip |
Revenue Performance Obligation Amount
RevenuePerformanceObligationAmount
|
1100000 | ||
us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
4200000 | ||
meip |
Additional Recognition Of Deferred Revenue
AdditionalRecognitionOfDeferredRevenue
|
4200000 | ||
CY2019Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100 | |
CY2018Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100 | |
CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
226000 | |
CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
71281 | |
CY2019Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
70406 | |
CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
226000 | |
CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
71281 | |
CY2018Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
70406 | |
CY2019Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2018Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
188552 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 18pt;"><div style="font-family: "times new roman", serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates </div></div></div><div style="font-family: "times new roman", serif; font-size: 10pt; margin-bottom: 0px; margin-top: 6pt; text-indent: 0.8in;"><div style="font-family: "times new roman", serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and disclosures made in the accompanying notes to the financial statements. We use estimates that affect the reported amounts (including assets, liabilities, revenues and expenses) and related disclosures. Actual results could materially differ from those estimates. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2019Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y7M6D | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
4632560 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3718739 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
3.02 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
0 | |
us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
0 | ||
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
0 | |
us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
0 | ||
CY2019Q1 | meip |
Lease Expiration Month And Year
LeaseExpirationMonthAndYear
|
2020-05 | |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1514000 | |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
770000 | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6281615 | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.08 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2489250 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.07 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.69 | |
CY2019Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y1M6D | |
CY2019Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
3428724 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
311473 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.16 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
233854 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
7.43 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8036986 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.29 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.028 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.021 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.849 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.957 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.95 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.10 | ||
CY2019Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
6000000 | |
CY2019Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y8M12D | |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-174331000 | |
CY2019Q1 | meip |
Fair Value Assumptions Exercise Price Warrants Issued
FairValueAssumptionsExercisePriceWarrantsIssued
|
3.07 | |
CY2018Q2 | meip |
Fair Value Assumptions Exercise Price Warrants Issued
FairValueAssumptionsExercisePriceWarrantsIssued
|
3.94 | |
CY2019Q1 | meip |
Number Of Clinical Stage Candidates
NumberOfClinicalStageCandidates
|
4 | |
CY2019Q1 | meip |
Number Of Candidate In An Ongoing Global Registration Trial
NumberOfCandidateInAnOngoingGlobalRegistrationTrial
|
1 | |
CY2018Q4 | meip |
Manufacturing Rights Commencing Period
ManufacturingRightsCommencingPeriod
|
P3Y | |
CY2019Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2018Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2019Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00000002 | |
CY2018Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00000002 | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8788000 | |
CY2017Q3 | meip |
Stock Issued During The Period Value Milestone Payment
StockIssuedDuringThePeriodValueMilestonePayment
|
500000 | |
CY2017Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
20000 | |
CY2017Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
996000 | |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
43566000 | |
CY2017Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6079000 | |
CY2017Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
169000 | |
CY2017Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
702000 | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38358000 | |
CY2018Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
770000 | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32913000 | |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-267000 | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14542000 | |
CY2018Q3 | meip |
Stockissuedduringperiodvaluestockwarrantsexercised
Stockissuedduringperiodvaluestockwarrantsexercised
|
2186000 | |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
43000 | |
CY2018Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1937000 | |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
39759000 | |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12025000 | |
CY2018Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
24000 | |
CY2018Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1663000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53471000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
252000 | |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1514000 | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-03-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MEI Pharma, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001262104 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Trading Symbol
TradingSymbol
|
MEIP | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
CY2019Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
71290460 |