2014 Q2 Form 10-Q Financial Statement
#000117891314001274 Filed on April 10, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $810.0K | $510.0K | $510.0K |
YoY Change | 62.0% | 0.0% | 121.74% |
% of Gross Profit | |||
Research & Development | $1.089M | $674.0K | $749.0K |
YoY Change | 30.36% | -10.01% | 5.4% |
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.089M | $674.0K | $749.0K |
YoY Change | 30.36% | -10.01% | 5.4% |
Operating Profit | -$1.903M | -$1.186M | -$1.260M |
YoY Change | 42.6% | -5.86% | 33.97% |
Interest Expense | $80.00K | $70.00K | $30.00K |
YoY Change | 0.0% | 133.33% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$1.830M | -$1.115M | -$1.226M |
YoY Change | 45.66% | -9.06% | 24.41% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.828M | -$1.115M | -$1.226M |
YoY Change | 45.49% | -9.04% | 24.41% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$185.0K | -$121.6K | -$170.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.943M shares | 9.745M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $15.54M | $23.35M | $5.340M |
YoY Change | 267.38% | 337.27% | 78.0% |
Cash & Equivalents | $2.475M | $3.253M | $2.040M |
Short-Term Investments | $13.07M | $20.10M | $3.300M |
Other Short-Term Assets | $160.0K | $270.0K | $60.00K |
YoY Change | 100.0% | 350.0% | 100.0% |
Inventory | |||
Prepaid Expenses | $36.41K | ||
Receivables | $439.8K | ||
Other Receivables | $267.1K | $73.05K | $99.53K |
Total Short-Term Assets | $15.97M | $23.69M | $5.939M |
YoY Change | 231.06% | 298.81% | 91.08% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $13.55K | $12.16K | $1.869K |
YoY Change | 136.42% | 550.83% | -76.01% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $6.510M | $0.00 | $10.00K |
YoY Change | 65000.0% | -100.0% | 0.0% |
Other Assets | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | -50.0% |
Total Long-Term Assets | $6.529M | $23.06K | $17.93K |
YoY Change | 28893.67% | 28.61% | -47.73% |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.97M | $23.69M | $5.939M |
Total Long-Term Assets | $6.529M | $23.06K | $17.93K |
Total Assets | $22.50M | $23.71M | $5.957M |
YoY Change | 364.23% | 298.0% | 89.57% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $450.0K | $300.0K | $420.0K |
YoY Change | 12.5% | -28.57% | -20.75% |
Accrued Expenses | |||
YoY Change | |||
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 | $495.0K | $349.8K | $469.4K |
YoY Change | 10.99% | -25.47% | -19.37% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $30.00K | $30.00K | $240.0K |
YoY Change | -87.5% | -87.5% | 50.0% |
Total Long-Term Liabilities | $31.94K | $32.42K | $239.9K |
YoY Change | -86.75% | -86.49% | 48.05% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $495.0K | $349.8K | $469.4K |
Total Long-Term Liabilities | $31.94K | $32.42K | $239.9K |
Total Liabilities | $527.0K | $382.2K | $709.3K |
YoY Change | -23.3% | -46.11% | -4.68% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$26.19M | -$24.36M | -$20.08M |
YoY Change | 22.77% | 21.35% | 25.39% |
Common Stock | $47.69M | $46.84M | $25.08M |
YoY Change | 88.07% | 86.78% | 36.23% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $21.97M | $23.33M | $5.248M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.50M | $23.71M | $5.957M |
YoY Change | 364.23% | 298.0% | 89.57% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.828M | -$1.115M | -$1.226M |
YoY Change | 45.49% | -9.04% | 24.41% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Operating Activities | -$1.040M | -$1.480M | -$1.280M |
YoY Change | -0.95% | 15.63% | 113.33% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$10.00K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $110.0K | -$13.12M | -$2.200M |
YoY Change | 0.0% | 496.36% | -329.17% |
Cash From Investing Activities | $110.0K | -$13.13M | -$2.200M |
YoY Change | 0.0% | 496.82% | -329.17% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 150.0K | 16.49M | -10.00K |
YoY Change | -165000.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.040M | -1.480M | -1.280M |
Cash From Investing Activities | 110.0K | -13.13M | -2.200M |
Cash From Financing Activities | 150.0K | 16.49M | -10.00K |
Net Change In Cash | -780.0K | 1.880M | -3.490M |
YoY Change | -17.02% | -153.87% | -1069.44% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.040M | -$1.480M | -$1.280M |
Capital Expenditures | $0.00 | -$10.00K | $0.00 |
Free Cash Flow | -$1.040M | -$1.470M | -$1.280M |
YoY Change | -0.95% | 14.84% | 113.33% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ORAMED PHARMACEUTICALS INC. | ||
ormp |
Adjustment To Additional Paid In Capital Imputed Interest
AdjustmentToAdditionalPaidInCapitalImputedInterest
|
8437 | USD | |
CY2008 | ormp |
Adjustment To Additional Paid In Capital Imputed Interest
AdjustmentToAdditionalPaidInCapitalImputedInterest
|
3780 | USD |
CY2009 | ormp |
Adjustment To Additional Paid In Capital Imputed Interest
AdjustmentToAdditionalPaidInCapitalImputedInterest
|
3780 | USD |
CY2010 | ormp |
Adjustment To Additional Paid In Capital Imputed Interest
AdjustmentToAdditionalPaidInCapitalImputedInterest
|
3780 | USD |
CY2011 | ormp |
Adjustment To Additional Paid In Capital Imputed Interest
AdjustmentToAdditionalPaidInCapitalImputedInterest
|
3782 | USD |
CY2013Q1 | ormp |
Common Stock Shares Authorized Prior To Reverse Stock Split
CommonStockSharesAuthorizedPriorToReverseStockSplit
|
200000000 | shares |
CY2013Q1 | ormp |
Common Stock Shares Issued Prior To Reverse Stock Split
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|
86500000 | shares |
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Amendment Flag
AmendmentFlag
|
false | ||
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--08-31 | ||
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Document Fiscal Period Focus
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|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-02-28 | ||
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Document Type
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|
10-Q | ||
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0001176309 | ||
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Common Stock Shares Outstanding Prior To Reverse Stock Split
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|
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Discount On Convertible Note Related To Beneficial Conversion Feature
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|
USD | ||
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|
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ormp |
Discount On Convertible Note Related To Beneficial Conversion Feature
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|
108000 | USD | |
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13872 | shares |
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Marketable Securities Ownership Percentage
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|
0.103 | pure |
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us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
917809 | USD | |
CY2013Q3 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
5246627 | USD |
CY2014Q1 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
18633526 | USD |
us-gaap |
Depreciation
Depreciation
|
2899 | USD | |
us-gaap |
Depreciation
Depreciation
|
2983 | USD | |
us-gaap |
Depreciation
Depreciation
|
129206 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
44699 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | ||
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-98005 | USD | |
CY2013Q3 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
4530 | USD |
CY2014Q1 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
1712 | USD |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.12 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.31 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.26 | ||
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.17 | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-26163 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
9982 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-18229 | USD | |
us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
10.00 | ||
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-16790 | USD | |
CY2014Q1 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
USD | |
us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
USD | ||
us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
USD | ||
CY2013Q1 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
USD | |
us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
1033004 | USD | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
28034 | USD | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
44391 | USD | |
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
1128098 | USD | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
512252 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
850047 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
929979 | USD | |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
510834 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11123655 | USD | |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1114842 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24327037 | USD | |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
35714 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-175031 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-148374 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
302567 | USD | |
us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
USD | ||
us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
USD | ||
us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
23210 | USD | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
4667 | USD | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
1208 | USD | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
22439 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
403870 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
167313 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
330566 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
USD | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
USD | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
2615 | USD | |
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
USD | ||
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
USD | ||
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
16000 | USD | |
CY2013Q3 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
4593 | USD |
CY2014Q1 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
4593 | USD |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
USD | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
64400 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1464813 | USD | |
CY2014Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
5715 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
9603 | USD | |
CY2012 | us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P57M | |
us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P36M | ||
CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8660182 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23709956 | USD |
CY2013Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
498193 | USD |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
349819 | USD |
CY2013Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
31214 | USD |
CY2014Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
32422 | USD |
CY2013Q3 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
23210 | USD |
CY2014Q1 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
23210 | USD |
CY2013Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
956376 | USD |
CY2014Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1464100 | USD |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left; TEXT-INDENT: 0pt"> <!--StartFragment--> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr valign="top"> <td> <div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; text-align: justify"> General:</div> </td> </tr> </table> </div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr valign="top"> <td style="WIDTH: 72.85pt"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> </div> </td> <td style="WIDTH: 27pt"> <div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> 1)</div> </td> <td> <div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; text-align: left"> Incorporation and operations</div> </td> </tr> </table> </div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> Oramed Pharmaceuticals Inc. (the "Company") was incorporated on April 12, 2002, under the laws of the State of Nevada. From incorporation until March 3, 2006, the Company was an exploration stage company engaged in the acquisition and exploration of mineral properties. On February 17, 2006, the Company entered into an agreement with Hadasit Medical Services and Development Ltd ("Hadasit") to acquire the provisional patent related to an orally ingestible insulin capsule to be used for the treatment of individuals with diabetes. In subsequent periods, the Company entered into additional development agreements with Hadasit, the most recent of which was signed on September 11, 2011. See also note 2a.</div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> On March 11, 2011, the Company was reincorporated from the State of Nevada to the State of Delaware.</div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> On May 14, 2007, the Company incorporated a wholly-owned subsidiary in Israel, Oramed Ltd., which is engaged in research and development. Unless the context indicates otherwise, the term "Group" refers to Oramed Pharmaceuticals Inc. and its Israeli subsidiary, Oramed Ltd. (the "Subsidiary").</div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div> <div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr valign="top"> <td style="WIDTH: 72.85pt"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> </div> </td> <td style="WIDTH: 27pt"> <div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> 2)</div> </td> <td> <div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; text-align: left"> Development and liquidity risks</div> </td> </tr> </table> </div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> The Company has been in the development stage since its formation and has not yet generated any revenues from its operations.<font style="FONT-WEIGHT: bold; DISPLAY: inline"> </font> Continued operation of the Company is contingent upon obtaining sufficient funding until it becomes profitable.</div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> The Group is engaged in research and development in the biotechnology field and is considered a development stage company in accordance with ASC Topic 915 "Development Stage Entities", due to the fact that it has not generated any revenues from its operations.</div> <div style="DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; text-align: justify; TEXT-INDENT: 0pt"> </div> <div style="DISPLAY: block; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-LEFT: 99pt; MARGIN-RIGHT: -0.05pt; text-align: left; TEXT-INDENT: 0pt"> Successful completion of the Company's development programs and its transition to normal operations is dependent upon obtaining necessary regulatory approvals from the FDA prior to selling its products within the United States, and foreign regulatory approvals must be obtained to sell its products internationally. There can be no assurance that the Company will receive regulatory approval of any of its product candidates, and a substantial amount of time may pass before the Company achieves a level of revenues adequate to support its operations, if at all. The Company also expects to incur substantial expenditures in connection with the regulatory approval process for each of its product candidates during their respective developmental periods. Obtaining marketing approval will be directly dependent on the Company's ability to implement the necessary regulatory steps required to obtain marketing approval in the United States and in other countries. The Company cannot predict the outcome of these activities.</div> <!--EndFragment--></div> </div> | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1450936 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
16494983 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37811415 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1750018 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13293344 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-18028616 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2065590 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2230938 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16511659 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4478917 | USD | |
CY2008 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2769271 | USD |
CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2760474 | USD |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2977376 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1561245 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3344478 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4231812 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1114842 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2184627 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2239162 | USD | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1225874 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-24362751 | USD | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1185586 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1991669 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2353823 | USD | |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1259830 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24786863 | USD | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
89052 | ILS |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
25422 | USD |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
89052 | ILS |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
25422 | USD |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
89052 | ILS |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
25422 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
48498 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
122977 | USD | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
53820 | USD | |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
5630 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
184665 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-16 | USD | |
CY2013 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
303403 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
512812 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
244508 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
543582 | USD | |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
8640 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
846985 | USD | |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
25937 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
50687 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
44391 | USD | |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
50687 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
134761 | USD | |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
490251 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
172218 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
534153 | USD | |
CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
53697 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
797081 | USD | |
CY2014Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
3213 | USD |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
332002 | USD | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
5419 | USD | |
CY2013Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
32844 | USD |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
699245 | USD | |
CY2014Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
73957 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
139044 | USD | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
120080 | USD | |
CY2013Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
66800 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
507733 | USD | |
CY2013Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
58412 | USD |
CY2014Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
73050 | USD |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
628630 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
USD | ||
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
628630 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
9485 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
815500 | USD | |
CY2013Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
90103 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
245596 | USD |
CY2013Q3 | us-gaap |
Prepaid Pension Costs
PrepaidPensionCosts
|
5545 | USD |
CY2014Q1 | us-gaap |
Prepaid Pension Costs
PrepaidPensionCosts
|
6304 | USD |
CY2014Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
USD | ||
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
USD | ||
CY2013Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
434876 | USD | |
CY2014Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
USD | ||
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
USD | ||
CY2013Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
381666 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1331 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
500 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9379 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141370 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
1862817 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
18600000 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
30350363 | USD | |
CY2013Q3 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
8004 | USD |
CY2014Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
9212 | USD |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
275000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
14887085 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
1450936 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
14887085 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
35746638 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
120000 | USD | |
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
USD | ||
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
118128 | USD | |
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
118128 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
66243 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
80249 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
USD | ||
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
5236286 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
11718297 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
114130 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
80249 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
756920 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
54804 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1553094 | USD | |
CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5768 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12164 | USD |
CY2011Q3 | us-gaap |
Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
|
450000 | USD |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | ||
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
120000 | USD | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
673334 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1141622 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1423844 | USD | |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
748996 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13228332 | USD | |
CY2014Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16000 | USD |
CY2013Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
16000 | USD |
CY2014Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
16000 | USD |
CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22123589 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-24362751 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
441084 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
333137 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6023643 | USD | |
us-gaap |
Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
|
10000 | shares | |
CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8130775 | USD |
CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3778013 | USD |
CY2010Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
830272 | USD |
CY2009Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2746192 | USD |
CY2008Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4593060 | USD |
CY2007Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
513131 | USD |
CY2002Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53700 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23327715 | USD |
CY2011Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3723916 | USD |
CY2014Q2 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
19688 | shares |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
9134 | shares | |
CY2008 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
275000 | USD |
us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
98750 | USD | |
CY2013 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
4238889 | USD |
us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
14887085 | USD | |
CY2008 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
116110 | USD |
us-gaap |
Stock Issued During Period Shares Issued For Cash
StockIssuedDuringPeriodSharesIssuedForCash
|
1580000 | shares | |
CY2009 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
152928 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
249850 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
227569 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
107860 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
244457 | USD |
CY2013 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
12 | pure |
us-gaap |
Stock Issued1
StockIssued1
|
USD | ||
us-gaap |
Stock Issued1
StockIssued1
|
USD | ||
us-gaap |
Stock Issued1
StockIssued1
|
77779 | USD | |
us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
239161 | shares | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
64400 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2122981 | USD | |
CY2008 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5784800 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3694212 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2944464 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1422592 | USD |
us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
434876 | USD | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
USD | ||
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9127799 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7018766 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8531150 | shares | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7212767 | shares |