2013 Q4 Form 10-Q Financial Statement
#000119312513438247 Filed on November 12, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
Revenue | $14.91M | $20.23M | $16.08M |
YoY Change | 52.12% | 25.81% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $3.800M | $2.000M | $1.500M |
YoY Change | 8.57% | 33.33% | |
% of Gross Profit | |||
Research & Development | $14.30M | $11.09M | $11.97M |
YoY Change | 68.24% | -7.35% | |
% of Gross Profit | |||
Depreciation & Amortization | $360.0K | $316.9K | $235.5K |
YoY Change | 50.0% | 34.52% | |
% of Gross Profit | |||
Operating Expenses | $18.10M | $11.09M | $11.97M |
YoY Change | 49.59% | -7.35% | |
Operating Profit | $7.158M | $2.599M | |
YoY Change | 175.42% | ||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$554.0K | $1.557K |
YoY Change | -100.0% | -35681.25% | |
Pretax Income | -$3.200M | $6.600M | $2.600M |
YoY Change | 52.38% | 153.85% | |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% | |
Net Earnings | -$3.205M | $6.604M | $2.601M |
YoY Change | 52.26% | 153.9% | |
Net Earnings / Revenue | -21.5% | 32.64% | 16.17% |
Basic Earnings Per Share | -$0.14 | $0.14 | $0.00 |
Diluted Earnings Per Share | -$0.14 | $0.01 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 25.02M shares | 1.185M shares | 1.092M shares |
Diluted Shares Outstanding | 21.24M shares | 21.50M shares |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $116.5M | $33.60M | |
YoY Change | |||
Cash & Equivalents | $116.5M | $33.57M | $30.45M |
Short-Term Investments | |||
Other Short-Term Assets | $1.000M | $1.100M | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $972.0K | $1.103M | |
Receivables | $2.004M | $2.281M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $119.5M | $36.95M | |
YoY Change | 139.26% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.035M | $4.470M | |
YoY Change | 54.08% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $885.0K | $147.2K | |
YoY Change | 501.04% | ||
Total Long-Term Assets | $6.325M | $5.022M | |
YoY Change | 65.58% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $119.5M | $36.95M | |
Total Long-Term Assets | $6.325M | $5.022M | |
Total Assets | $125.8M | $41.98M | |
YoY Change | 134.03% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.169M | $1.798M | |
YoY Change | -15.25% | ||
Accrued Expenses | $3.584M | $939.8K | |
YoY Change | 189.73% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $1.400M | $1.200M | |
YoY Change | |||
Total Short-Term Liabilities | $28.82M | $25.27M | |
YoY Change | -3.05% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $8.000M | $8.400M | |
YoY Change | |||
Other Long-Term Liabilities | $10.00M | $12.40M | |
YoY Change | |||
Total Long-Term Liabilities | $18.00M | $20.80M | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $28.82M | $25.27M | |
Total Long-Term Liabilities | $18.00M | $20.80M | |
Total Liabilities | $46.87M | $46.02M | |
YoY Change | -24.39% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$175.7M | -$172.5M | |
YoY Change | 0.15% | ||
Common Stock | $252.0K | $21.25K | |
YoY Change | 2193.2% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $58.00K | $57.74K | |
YoY Change | 0.45% | ||
Treasury Stock Shares | |||
Shareholders Equity | $78.91M | -$4.048M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $125.8M | $41.98M | |
YoY Change | 134.03% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.205M | $6.604M | $2.601M |
YoY Change | 52.26% | 153.9% | |
Depreciation, Depletion And Amortization | $360.0K | $316.9K | $235.5K |
YoY Change | 50.0% | 34.52% | |
Cash From Operating Activities | -$1.180M | $810.0K | -$6.320M |
YoY Change | -106.67% | -112.82% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$920.0K | -$1.160M | -$280.0K |
YoY Change | 124.39% | 314.29% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$920.0K | -$1.160M | -$280.0K |
YoY Change | 124.39% | 314.29% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 85.02M | 140.0K | 10.00K |
YoY Change | 850100.0% | 1300.0% | |
NET CHANGE | |||
Cash From Operating Activities | -1.180M | 810.0K | -6.320M |
Cash From Investing Activities | -920.0K | -1.160M | -280.0K |
Cash From Financing Activities | 85.02M | 140.0K | 10.00K |
Net Change In Cash | 82.92M | -210.0K | -6.590M |
YoY Change | 379.31% | -96.81% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.180M | $810.0K | -$6.320M |
Capital Expenditures | -$920.0K | -$1.160M | -$280.0K |
Free Cash Flow | -$260.0K | $1.970M | -$6.040M |
YoY Change | -101.44% | -132.62% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2004Q4 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
13604016 | shares |
CY2013Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
25020288 | shares |
CY2005Q2 | mgnx |
Additional Payment Upon Achievement Of Milestone
AdditionalPaymentUponAchievementOfMilestone
|
10950000 | |
CY2006Q2 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
10003300 | shares |
CY2008Q3 | mgnx |
Onetime Milestone Payment To Be Paid Under Agreement
OnetimeMilestonePaymentToBePaidUnderAgreement
|
5000000 | |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30451085 | |
CY2012Q3 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Options Fair Market Value Of Stock
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsFairMarketValueOfStock
|
1.50 | |
CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2124624 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1855178 | shares |
CY2013Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2124624 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.50 | |
CY2013Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
17129782 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2877003 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
8171 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.44 | |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
918600 | shares |
CY2013Q3 | us-gaap |
Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
|
14381 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.94 | |
CY2013Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
425000000 | shares |
CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q3 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
1229454 | |
CY2013Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
939811 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
3396780 | |
CY2013Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
15174112 | |
CY2013Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
165569134 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
17390144 | |
CY2013Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1798228 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
3486881 | |
CY2013Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
25265811 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
625540 | |
CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4048414 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
3035013 | |
CY2013Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
679296 | |
CY2013Q3 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
0 | |
CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-172528254 | |
CY2013Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
21298318 | |
CY2013Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
2888688 | |
CY2013Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
21246 | |
CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
41975907 | |
CY2013Q3 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
8378184 | |
CY2013Q3 | us-gaap |
Liabilities
Liabilities
|
46024321 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
3385321 | |
CY2013Q3 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
679296 | |
CY2013Q3 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
8812342 | |
CY2013Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
3460609 | |
CY2013Q3 | us-gaap |
Assets Current
AssetsCurrent
|
36953929 | |
CY2013Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
147246 | |
CY2013Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1103449 | |
CY2013Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
404850 | |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
7522029 | |
CY2013Q3 | us-gaap |
Assets
Assets
|
41975907 | |
CY2013Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
33974048 | |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33569198 | |
CY2013Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2281282 | |
CY2013Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
19643994 | |
CY2013Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
12200000 | |
CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4469882 | |
CY2013Q3 | mgnx |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
404850 | |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
17400000 | |
CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
164334646 | |
CY2013Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
57742 | |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3739125 | |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
29728094 | |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
14339497 | |
CY2013Q3 | mgnx |
Money Market Funds Fair Value Disclosure
MoneyMarketFundsFairValueDisclosure
|
26047169 | |
CY2013Q3 | mgnx |
Preferred Stock Voting Rights As Separate Class Holding Percentage Threshold
PreferredStockVotingRightsAsSeparateClassHoldingPercentageThreshold
|
4000000 | shares |
CY2013Q3 | mgnx |
Revenue Recognition Milestone Method Revenue Receivable
RevenueRecognitionMilestoneMethodRevenueReceivable
|
5000000 | |
CY2013Q3 | mgnx |
Research And Maintenance Amount Receivable
ResearchAndMaintenanceAmountReceivable
|
4000000 | |
CY2003Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
2051644 | shares |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
55218361 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1098914 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1098914 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.94 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3249702 | shares |
CY2012Q4 | us-gaap |
Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
|
14381 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
425000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
628768 | |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1237025 | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8237308 | |
CY2012Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
52947 | |
CY2012Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
0 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-175472403 | |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
24123176 | |
CY2012Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
2801653 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
10989 | |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
53746900 | |
CY2012Q4 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
9445171 | |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
61984208 | |
CY2012Q4 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
52947 | |
CY2012Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
19956343 | |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
49927008 | |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
147246 | |
CY2012Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
137634 | |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
404850 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
18695197 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
53746900 | |
CY2012Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
48148005 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
47743155 | |
CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2046219 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17607293 | |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
57742 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3267796 | |
CY2012Q4 | mgnx |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
404850 | |
CY2012Q4 | mgnx |
Money Market Funds Fair Value Disclosure
MoneyMarketFundsFairValueDisclosure
|
29047958 | |
dei |
Entity Registrant Name
EntityRegistrantName
|
MACROGENICS INC | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-09-30 | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2000-08-14 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001125345 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-13 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21908859 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
20445061 | shares | |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-18.7739 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.13 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M12D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
687183 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.19 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
|
0.0506 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12988440 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.75 | ||
us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2018-01-30 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1463798 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1025933 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <b><i>Concentration of Credit Risk</i></b></p> <p style="MARGIN-TOP: 6pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> Substantially all of the Company’s cash and cash equivalents are maintained with major financial institutions in the United States. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and, therefore, bear minimal risk.</p> <p style="MARGIN-TOP: 12pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, and accounts receivable. The counterparties are various corporations, financial institutions and government agencies of high credit standing.</p> <p style="MARGIN-TOP: 12pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> For the three and nine months ended September 30, 2013 and 2012, all of the Company’s grant revenue was related to contracts and research grants received from U.S. government agencies. Collaborations with Les Laboratoires Servier and Institut de Recherches Servier (collectively, Servier), Boehringer Ingelheim GmbH (Boehringer), Gilead Sciences, Inc. (Gilead), Pfizer, Inc. (Pfizer) and Eli Lilly & Co. (Eli Lilly) account for all other revenue. All outstanding receivables are due from Gilead, Pfizer, Boehringer, Eli Lilly, and U.S. government agencies.</p> <p style="MARGIN-TOP: 12pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The following table represents the percentage of all significant revenue earned in the periods indicated:</p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt">  </p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"><!-- Begin Table Head --> <tr> <td width="52%"></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"> <b>Three Months Ended September 30,</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="6" align="center"> <b>Nine Months Ended September 30,</b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2012</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2013</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>2012</b></td> <td valign="bottom"> </td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Servier</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">71.3</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">14.2</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">58.8</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">12.6</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Boehringer</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">11.5</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">15.6</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">15.9</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">17.2</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Gilead</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10.9</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">13.7</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.0</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Pfizer</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.5</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7.7</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7.3</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7.4</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Government Agencies</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.6</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3.5</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2.6</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6.9</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Eli Lilly</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">0.9</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">59.0</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1.6</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">55.7</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <!-- End Table Body --></table> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px">  </p> <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The following table represents the percentage of all significant accounts receivable:</p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt">  </p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="76%" align="center"><!-- Begin Table Head --> <tr> <td width="64%"></td> <td valign="bottom" width="16%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="16%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>September 30, 2013</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>December 31, 2012</b></td> <td valign="bottom"> </td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Gilead</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">51.2</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Pfizer</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">22.6</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">45.4</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Boehringer</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">11.1</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">18.0</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Eli Lilly</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">11.0</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">28.2</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <tr style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; FONT-SIZE: 10pt"> Government Agencies</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4.0</td> <td valign="bottom" nowrap="nowrap">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">8.4</td> <td valign="bottom" nowrap="nowrap">% </td> </tr> <!-- End Table Body --></table> </div> | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
33949 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-TOP: 6pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The preparation of the financial statements in accordance with GAAP requires the Company to make estimates and judgments in certain circumstances that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. In preparing these consolidated financial statements, management has made its best estimates and judgments of certain amounts included in the financial statements, giving due consideration to materiality. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, fair values of assets, convertible preferred stock and common stock, preferred stock warrant liability, income taxes, pre-clinical study and clinical trial accruals and other contingencies. Management bases its estimates on historical experience or on various other assumptions that it believes to be reasonable under the circumstances. Actual results could differ from these estimates.</p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px">  </p> <p style="MARGIN-TOP: 0pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> In addition, through September 30, 2013, the Company utilized estimates and assumptions in determining the fair value of its common stock. The Company granted stock options at exercise prices not less than the fair value of its common stock as determined by the board of directors, with input from management. Management uses contemporaneous valuations in estimating the fair value of its common stock. The board of directors has determined the estimated fair value of the common stock based on a number of objective and subjective factors, including external market considerations affecting the biotechnology industry and the historic prices at which the Company sold shares of its preferred stock.</p> </div> | ||
us-gaap |
Revenues
Revenues
|
43128232 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
|||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-627281 | ||
us-gaap |
Licenses Revenue
LicensesRevenue
|
42015994 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
|||
us-gaap |
Revenue From Grants
RevenueFromGrants
|
1112238 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3571430 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
965815 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
235063 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
2944149 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2036700 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
626349 | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
20334703 | shares | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
39556802 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7322974 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
851183 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-13968859 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
393561 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-14173957 | ||
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2400000 | ||
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
194498 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-297214 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1940897 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
851183 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2036700 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
32233828 | ||
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
2944149 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
834615 | ||
us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-466301 | ||
us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
2944149 | ||
us-gaap |
Depreciation
Depreciation
|
834615 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
393561 | ||
mgnx |
Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
|
87035 | ||
mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm
|
P7Y | ||
mgnx |
Contingent Consideration Recorded As Incremental In Process Research And Development Expense
ContingentConsiderationRecordedAsIncrementalInProcessResearchAndDevelopmentExpense
|
0 | ||
mgnx |
Amount Of Additional Consideration Paid Under Agreement
AmountOfAdditionalConsiderationPaidUnderAgreement
|
0 | ||
mgnx |
Defined Contribution Plan Employees Contribution Annual Vesting Percentage
DefinedContributionPlanEmployeesContributionAnnualVestingPercentage
|
1.00 | pure | |
mgnx |
Preferred Stock Minimum Holding Percentage For Election Of Directors
PreferredStockMinimumHoldingPercentageForElectionOfDirectors
|
0.6667 | pure | |
mgnx |
Net Proceeds From Public Offering Of Common Stock
NetProceedsFromPublicOfferingOfCommonStock
|
40000000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0118 | pure | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21412848 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.51 | pure | |
CY2006 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
460746 | shares |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4752 | ||
us-gaap |
Licenses Revenue
LicensesRevenue
|
50283510 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
|
0.0557 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-24281449 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1078145 | shares | |
us-gaap |
Revenues
Revenues
|
54027557 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
|||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
|||
us-gaap |
Revenue From Grants
RevenueFromGrants
|
3744047 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10461830 | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
69231 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2713429 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
10466582 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
530136 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
|||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
43565727 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6640740 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
44309 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-27935268 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
628796 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-24767276 | ||
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2400000 | ||
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
179966 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
53860 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-5444288 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
44309 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-530136 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
36924987 | ||
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
10466582 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
722496 | ||
us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-395694 | ||
us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
10466582 | ||
us-gaap |
Depreciation
Depreciation
|
722496 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
628796 | ||
mgnx |
Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
|
404727 | ||
mgnx |
Contingent Consideration Recorded As Incremental In Process Research And Development Expense
ContingentConsiderationRecordedAsIncrementalInProcessResearchAndDevelopmentExpense
|
0 | ||
mgnx |
Amount Of Additional Consideration Paid Under Agreement
AmountOfAdditionalConsiderationPaidUnderAgreement
|
0 | ||
CY2005Q2 | mgnx |
Number Of Shares Issued As Additional Consideration Under Asset Purchase Agreement
NumberOfSharesIssuedAsAdditionalConsiderationUnderAssetPurchaseAgreement
|
36135 | shares |
CY2008Q3 | mgnx |
Lease Expiration Year
LeaseExpirationYear
|
2018 | |
CY2002Q3 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1.00 | pure |
CY2002Q3 | mgnx |
Employee Eligible Age To Participate In Benefit Plan
EmployeeEligibleAgeToParticipateInBenefitPlan
|
21 | Age |
CY2006 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized After Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAfterIncrease
|
2512390 | shares |
CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
532654 | shares |
CY2010 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized After Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAfterIncrease
|
3790760 | shares |
CY2008 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
745716 | shares |
CY2008 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized After Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAfterIncrease
|
3258106 | shares |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
545970 | shares |
CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y3M18D | |
CY2012 | mgnx |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized After Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAfterIncrease
|
4336731 | shares |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21502424 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
20410117 | shares |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1092307 | shares |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
16081544 | |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
||
CY2012Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1557 | |
CY2012Q3 | us-gaap |
Licenses Revenue
LicensesRevenue
|
15532680 | |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
||
CY2012Q3 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
548864 | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2598957 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2600514 | |
CY2012Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
13482587 | |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1514334 | |
CY2012Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
783462 | |
CY2012Q3 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
48891 | |
CY2012Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11968253 | |
CY2012Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
2600514 | |
CY2012Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
235543 | |
CY2012Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
2600514 | |
CY2012Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
209599 | |
CY2012Q3 | mgnx |
Amount Of Additional Consideration Paid Under Agreement
AmountOfAdditionalConsiderationPaidUnderAgreement
|
0 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21242978 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
20058471 | shares |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1184507 | shares |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
20232068 | |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
169226 | |
CY2013Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-553612 | |
CY2013Q3 | us-gaap |
Licenses Revenue
LicensesRevenue
|
20111173 | |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
200139 | |
CY2013Q3 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
120895 | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7157594 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6603982 | |
CY2013Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
13074474 | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1986555 | |
CY2013Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
806275 | |
CY2013Q3 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
55311 | |
CY2013Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11087919 | |
CY2013Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
6434756 | |
CY2013Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
316852 | |
CY2013Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
6403843 | |
CY2013Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
135936 | |
CY2013Q3 | mgnx |
Amount Of Additional Consideration Paid Under Agreement
AmountOfAdditionalConsiderationPaidUnderAgreement
|
0 |