2015 Q2 Form 10-Q Financial Statement
#000114420415048999 Filed on August 13, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
Revenue | $77.00K | |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | $1.355M | $1.118M |
YoY Change | 21.15% | 365.72% |
% of Gross Profit | ||
Depreciation & Amortization | $10.00K | $10.00K |
YoY Change | 0.0% | |
% of Gross Profit | ||
Operating Expenses | $2.479M | $2.420M |
YoY Change | 2.41% | 604.92% |
Operating Profit | -$2.402M | -$2.420M |
YoY Change | -0.77% | |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$2.738K | -$5.385K |
YoY Change | -49.16% | |
Pretax Income | ||
YoY Change | ||
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$2.405M | -$2.426M |
YoY Change | -0.88% | 606.6% |
Net Earnings / Revenue | -3122.77% | |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | ||
COMMON SHARES | ||
Basic Shares Outstanding | 56.90M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $6.610M | $6.650M |
YoY Change | -0.6% | 1483.33% |
Cash & Equivalents | $6.605M | $6.647M |
Short-Term Investments | ||
Other Short-Term Assets | $220.0K | $40.00K |
YoY Change | 450.0% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $6.880M | $6.686M |
YoY Change | 2.91% | 1491.8% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $363.2K | $361.6K |
YoY Change | 0.43% | |
Goodwill | $1.385M | |
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $220.0K | $320.0K |
YoY Change | -31.25% | |
Total Long-Term Assets | $4.982M | $677.8K |
YoY Change | 635.04% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.880M | $6.686M |
Total Long-Term Assets | $4.982M | $677.8K |
Total Assets | $11.86M | $7.363M |
YoY Change | 61.1% | 1653.17% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $745.6K | $281.1K |
YoY Change | 165.24% | 368.48% |
Accrued Expenses | $339.8K | $547.3K |
YoY Change | -37.91% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $10.00K | $0.00 |
YoY Change | -100.0% | |
Long-Term Debt Due | $30.00K | $40.00K |
YoY Change | -25.0% | |
Total Short-Term Liabilities | $1.136M | $870.0K |
YoY Change | 30.6% | 987.5% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $30.00K |
YoY Change | -100.0% | -93.48% |
Other Long-Term Liabilities | $840.0K | |
YoY Change | ||
Total Long-Term Liabilities | $840.0K | $30.00K |
YoY Change | 2700.0% | -93.48% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.136M | $870.0K |
Total Long-Term Liabilities | $840.0K | $30.00K |
Total Liabilities | $3.230M | $910.0K |
YoY Change | 254.95% | 68.52% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$19.03M | -$8.396M |
YoY Change | 126.62% | |
Common Stock | $5.698K | $3.200K |
YoY Change | 78.06% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $8.629M | $6.457M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $11.86M | $7.363M |
YoY Change | 61.1% | 1653.17% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$2.405M | -$2.426M |
YoY Change | -0.88% | 606.6% |
Depreciation, Depletion And Amortization | $10.00K | $10.00K |
YoY Change | 0.0% | |
Cash From Operating Activities | -$2.220M | -$1.850M |
YoY Change | 20.0% | 560.71% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$40.00K | -$70.00K |
YoY Change | -42.86% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | ||
Cash From Investing Activities | -$40.00K | -$70.00K |
YoY Change | -42.86% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 4.240M | 0.000 |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | -2.220M | -1.850M |
Cash From Investing Activities | -40.00K | -70.00K |
Cash From Financing Activities | 4.240M | 0.000 |
Net Change In Cash | 1.980M | -1.920M |
YoY Change | -203.12% | 860.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.220M | -$1.850M |
Capital Expenditures | -$40.00K | -$70.00K |
Free Cash Flow | -$2.180M | -$1.780M |
YoY Change | 22.47% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
216317 | USD |
CY2015Q2 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
216475 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
11862074 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
339995 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2590713 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6605498 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
114425 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
114996 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2805138 | USD |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
6880351 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
363197 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
271155 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
3361450 | USD |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2478794 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2404532 | USD |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2015Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
27649577 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-14051764 | USD |
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-19026407 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2227896 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8628868 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3361450 | USD |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
11862074 | USD |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
745551 | USD |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
802746 | USD |
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
339835 | USD |
CY2014Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
44362 | USD |
CY2015Q2 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
33580 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1118263 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
100000 | USD |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
100000 | USD |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-19827 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-5213 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4192949 | USD | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10840428 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1136205 | USD |
CY2014Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
15291 | USD |
CY2015Q2 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
0 | USD |
CY2014Q4 | mtnb |
Contract Research Receivables
ContractResearchReceivables
|
0 | USD |
CY2014Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
0 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1354728 | USD |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1302236 | USD |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1124066 | USD |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2420487 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
0 | USD |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1118251 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2425872 | USD |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3230 | USD |
CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
5698 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
16276430 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2420487 | USD |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
32000000 | shares |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.04 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
1133554 | USD |
CY2015Q2 | us-gaap |
Goodwill
Goodwill
|
1384674 | USD |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
0 | USD |
CY2015Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
3017377 | USD |
CY2014Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
0 | USD |
CY2015Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
10000 | USD |
CY2015Q2 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
7239 | USD |
CY2015Q2 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
843674 | USD |
CY2014Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
0 | USD |
CY2015Q2 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
1253327 | USD |
CY2015Q2 | mtnb |
Contract Research Receivables
ContractResearchReceivables
|
59857 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
55942013 | shares |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2401794 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2738 | USD |
CY2015Q2 | mtnb |
Contract Research Revenue
ContractResearchRevenue
|
77000 | USD |
CY2014Q2 | mtnb |
Contract Research Revenue
ContractResearchRevenue
|
0 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2192031 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2803141 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2357483 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2301907 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
4549514 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
5105048 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4564895 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4974643 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.14 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.11 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
32000000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
45815657 | shares | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4549514 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4970412 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-15381 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4231 | USD | |
mtnb |
Contract Research Revenue
ContractResearchRevenue
|
134636 | USD | |
mtnb |
Contract Research Revenue
ContractResearchRevenue
|
0 | USD | |
us-gaap |
Depreciation
Depreciation
|
19931 | USD | |
us-gaap |
Depreciation
Depreciation
|
20583 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
547589 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
733761 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4471 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
158 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-115678 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
173983 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-3935177 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4539399 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
257772 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
38734 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-257772 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
32020 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
0 | USD | |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5385 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
8522164 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4014785 | USD | |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6647479 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10000000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1477836 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
162520 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-483925 | USD | |
us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
111095 | USD | |
us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
0 | USD | |
us-gaap |
Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
|
14213 | USD | |
us-gaap |
Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
|
0 | USD | |
us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
70754 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
2119689 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
0 | USD | |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10200000 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
46005361 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
18309082 | shares | |
mtnb |
Proceeds From Issuance Of Common Stock Net
ProceedsFromIssuanceOfCommonStockNet
|
8500000 | USD | |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
39250000 | shares |
CY2014Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
274000 | USD |
CY2015Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
401000 | USD |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5353417 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1630000 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
113195 | shares | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6755361 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.05 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.93 | |
CY2013Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
9541706 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
|
0.04 | pure |
CY2014Q2 | mtnb |
Sharebased Compensation Arrangement By Sharebased Payment Award Increase Of Shares Offering Date
SharebasedCompensationArrangementBySharebasedPaymentAwardIncreaseOfSharesOfferingDate
|
January 1, 2015 | |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
90854 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
157321 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
160257 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
163193 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
406147 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
977772 | USD |
CY2013Q4 | us-gaap |
Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
|
P7Y | |
CY2014Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
12723 | USD |
CY2014Q2 | mtnb |
Increase Decrease In Lease Rental Expense
IncreaseDecreaseInLeaseRentalExpense
|
14200 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2175 | USD | |
CY2015Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
300000 | USD |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
56967690 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
56967690 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
32292650 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
32292650 | shares |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <table style="BORDER-BOTTOM: 0px solid; BORDER-LEFT: 0px solid; LINE-HEIGHT: 115%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; BORDER-TOP: 0px solid; BORDER-RIGHT: 0px solid" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.3pt; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.5in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">[2]</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt" align="justify"><font style="FONT-SIZE: 10pt">Use of Estimates</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 0.5in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.5in" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <table style="BORDER-BOTTOM: 0px solid; BORDER-LEFT: 0px solid; LINE-HEIGHT: 115%; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; BORDER-TOP: 0px solid; BORDER-RIGHT: 0px solid" border="0" cellspacing="0" cellpadding="0"> <tr> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.3pt; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"></td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; WIDTH: 0.5in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top" width="48"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt"> <font style="FONT-SIZE: 10pt">[4]</font></div> </td> <td style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;MARGIN: 0in 0in 0pt; FONT-FAMILY: Times New Roman,serif; FONT-SIZE: 12pt" align="justify"><font style="FONT-SIZE: 10pt">Concentration of Credit Risk</font></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 0.5in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.5in" align="justify"><font style="FONT-SIZE: 10pt">The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents. Cash balances are maintained principally at one major U.S. financial institution and are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to regulatory limits. At various times throughout the period ended June 30, 2015, the Company’s cash balances exceeded the FDIC insurance limit. The Company has not experienced any losses in such accounts.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
mtnb |
Effectiveness Of Registration Statement Description
EffectivenessOfRegistrationStatementDescription
|
The Registration Statement was filed on June 9, 2015 and declared effective on July 23, 2015. The Company is required to keep the registration statement continuously effective under the Securities Act of 1933, as amended (the Securities Act), for a period of one year from the date it is declared effective by the SEC or for such shorter period ending on the earlier of the date when all the registerable securities covered by the registration statement have been sold or such time as all of the registerable securities covered by the registration statement can be sold under Rule 144 without any volume limitations (the Effectiveness Period). If the Company does not maintain the effectiveness of the registration statement during the Effectiveness Period, subject to certain limitations and the right of the Company to suspend the use of the prospectus for certain periods, the Company shall pay to each holder of registrable securities purchased in 2015 Private Placement an amount in cash equal to half of one percent (0.5%) of such holders investment amount, subject to a maximum penalty equal to six percent (6%) of such holders investment amount, on every thirty (30) day anniversary of such failure to maintain the registration statement until such failure was cured; provided however that such liquidated damages shall be paid only with respect to registrable securities that cannot then be immediately resold in reliance on Rule144. | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
734000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
548000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
114861 | shares | |
mtnb |
Security Deposits Reduced By Straight Line Basis Description
SecurityDepositsReducedByStraightLineBasisDescription
|
Starting June1, 2015, this deposit can be reduced by $100,000 on an annual basis, down to $50,000, as long as the Company makes timely rental payments | ||
CY2015Q1 | mtnb |
Percentage Of Approval Shareholders
PercentageOfApprovalShareholders
|
1 | pure |
CY2015Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
2873035 | USD |