2014 Q4 Form 10-Q Financial Statement
#000114420414065859 Filed on November 07, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
Revenue | $4.666K | $5.000K | $2.500K |
YoY Change | 86.64% | 100.0% | 0.0% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.000M | $1.970M | $1.070M |
YoY Change | 86.92% | 15.2% | 9.18% |
% of Gross Profit | |||
Research & Development | $2.560M | $2.110M | $1.630M |
YoY Change | 57.06% | 14.21% | -4.12% |
% of Gross Profit | |||
Depreciation & Amortization | $90.00K | $80.00K | $60.00K |
YoY Change | 50.0% | 0.0% | 20.0% |
% of Gross Profit | |||
Operating Expenses | $4.640M | $4.112M | $2.770M |
YoY Change | 67.51% | 13.07% | 1.47% |
Operating Profit | -$4.641M | -$4.107M | -$2.763M |
YoY Change | 67.99% | 13.01% | 1.31% |
Interest Expense | -$420.0K | $361.6K | -$540.0K |
YoY Change | -22.22% | -19.45% | -5500.0% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$348.5K | $0.00 |
YoY Change | -88.59% | ||
Pretax Income | -$5.500M | -$4.460M | -$3.300M |
YoY Change | 66.67% | -33.33% | 21.77% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$5.503M | -$4.455M | -$3.303M |
YoY Change | 66.6% | -33.37% | 21.67% |
Net Earnings / Revenue | -117941.88% | -89104.74% | -132127.52% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$91.67M | -$74.33M | -$66.00M |
COMMON SHARES | |||
Basic Shares Outstanding | 87.36M shares | 86.84M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $27.53M | $26.95M | $16.85M |
YoY Change | 63.38% | 64.33% | 126.48% |
Cash & Equivalents | $12.52M | $11.95M | $16.85M |
Short-Term Investments | $15.01M | $15.01M | |
Other Short-Term Assets | $410.0K | $750.0K | $770.0K |
YoY Change | -46.75% | -18.48% | 266.67% |
Inventory | |||
Prepaid Expenses | $274.1K | $409.1K | $255.7K |
Receivables | $225.5K | $32.76K | $10.00K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $28.16M | $27.73M | $17.62M |
YoY Change | 59.84% | 60.05% | 130.23% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $301.3K | $301.3K | $231.0K |
YoY Change | 30.43% | 18.82% | 0.25% |
Goodwill | |||
YoY Change | |||
Intangibles | $1.233M | $1.246M | $1.138M |
YoY Change | 8.39% | 18.85% | 40.92% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $58.71K | $57.72K | $64.90K |
YoY Change | -9.53% | -11.01% | 8.95% |
Total Long-Term Assets | $1.682M | $1.709M | $1.794M |
YoY Change | -6.25% | -6.98% | 63.53% |
TOTAL ASSETS | |||
Total Short-Term Assets | $28.16M | $27.73M | $17.62M |
Total Long-Term Assets | $1.682M | $1.709M | $1.794M |
Total Assets | $29.84M | $29.44M | $19.41M |
YoY Change | 53.73% | 53.62% | 121.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.500M | $2.440M | $1.200M |
YoY Change | 108.33% | 101.65% | 0.0% |
Accrued Expenses | $650.0K | $470.0K | |
YoY Change | 38.3% | 0.0% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $730.0K | $3.058M | $2.763M |
YoY Change | -73.58% | 53.99% | |
Total Short-Term Liabilities | $4.009M | $5.705M | $5.936M |
YoY Change | -32.47% | 10.82% | 237.99% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $8.056M | $2.611M | $4.934M |
YoY Change | 63.28% | -53.87% | |
Other Long-Term Liabilities | $60.00K | $220.0K | $130.0K |
YoY Change | -53.85% | 144.44% | 550.0% |
Total Long-Term Liabilities | $8.056M | $2.611M | $4.934M |
YoY Change | 63.28% | -53.87% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.009M | $5.705M | $5.936M |
Total Long-Term Liabilities | $8.056M | $2.611M | $4.934M |
Total Liabilities | $12.12M | $8.539M | $11.00M |
YoY Change | 10.27% | -21.65% | 518.6% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$151.1M | -$145.6M | -$128.4M |
YoY Change | 17.62% | 16.33% | 18.26% |
Common Stock | $877.9K | $871.6K | $778.9K |
YoY Change | 12.72% | 13.69% | 14.22% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $17.72M | $20.90M | $8.418M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $29.84M | $29.44M | $19.41M |
YoY Change | 53.73% | 53.62% | 121.87% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.503M | -$4.455M | -$3.303M |
YoY Change | 66.6% | -33.37% | 21.67% |
Depreciation, Depletion And Amortization | $90.00K | $80.00K | $60.00K |
YoY Change | 50.0% | 0.0% | 20.0% |
Cash From Operating Activities | -$3.480M | -$3.110M | -$2.470M |
YoY Change | 40.89% | 38.22% | -1.98% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$80.00K | -$90.00K | -$100.0K |
YoY Change | -20.0% | -55.0% | 66.67% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$10.00K | |
YoY Change | |||
Cash From Investing Activities | -$70.00K | -$100.0K | -$100.0K |
YoY Change | -30.0% | -50.0% | 66.67% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.130M | -90.00K | 3.010M |
YoY Change | 37.21% | -101.17% | 1906.67% |
NET CHANGE | |||
Cash From Operating Activities | -3.480M | -3.110M | -2.470M |
Cash From Investing Activities | -70.00K | -100.0K | -100.0K |
Cash From Financing Activities | 4.130M | -90.00K | 3.010M |
Net Change In Cash | 580.0K | -3.300M | 440.0K |
YoY Change | 31.82% | -163.1% | -118.11% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.480M | -$3.110M | -$2.470M |
Capital Expenditures | -$80.00K | -$90.00K | -$100.0K |
Free Cash Flow | -$3.400M | -$3.020M | -$2.370M |
YoY Change | 43.46% | 47.32% | -3.66% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1417527 | USD |
CY2013Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8000000 | USD |
CY2013Q1 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
2000000 | USD |
CY2013Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.11 | pure |
CY2014Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.11 | pure |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2016-06-30 | ||
cur |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.11 | pure | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
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|
7551000 | USD | |
CY2013Q4 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
300000 | USD |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
11945253 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
16846052 | USD |
CY2014Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
15007478 | USD |
CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
0 | USD |
CY2014Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
32761 | USD |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
10000 | USD |
CY2014Q3 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
339752 | USD |
CY2013Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
507334 | USD |
CY2014Q3 | us-gaap |
Prepaid Expense Current
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|
409140 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense Current
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|
255733 | USD |
CY2014Q3 | us-gaap |
Assets Current
AssetsCurrent
|
27734384 | USD |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
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17619119 | USD |
CY2014Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
301282 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
230971 | USD |
CY2014Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1245502 | USD |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1137701 | USD |
CY2014Q3 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
104407 | USD |
CY2013Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
360848 | USD |
CY2014Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
57720 | USD |
CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
64897 | USD |
CY2014Q3 | us-gaap |
Assets
Assets
|
29443295 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
19413536 | USD |
CY2014Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2444039 | USD |
CY2013Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
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1662058 | USD |
CY2014Q3 | us-gaap |
Long Term Debt Current
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3058495 | USD |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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|
27950386 | USD |
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CY2013Q3 | us-gaap |
Investment Income Interest
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us-gaap |
Interest Expense
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us-gaap |
Interest Expense
InterestExpense
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CY2013Q3 | us-gaap |
Interest Expense
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CY2013Q4 | us-gaap |
Long Term Debt Current
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CY2014Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
0 | USD |
CY2014Q3 | us-gaap |
Other Liabilities Current
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CY2013Q4 | us-gaap |
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CY2013Q4 | us-gaap |
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CY2013Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
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Liabilities
Liabilities
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CY2013Q4 | us-gaap |
Liabilities
Liabilities
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Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2013Q4 | us-gaap |
Commitments And Contingencies
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CY2013Q4 | us-gaap |
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0 | USD |
CY2014Q3 | us-gaap |
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CY2013Q4 | us-gaap |
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|
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CY2013Q4 | us-gaap |
Additional Paid In Capital
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|
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|
6110 | USD |
CY2013Q4 | us-gaap |
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|
7241 | USD |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
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CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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CY2014Q3 | us-gaap |
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|
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CY2013Q4 | us-gaap |
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StockholdersEquity
|
8418199 | USD |
CY2014Q3 | us-gaap |
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29443295 | USD |
CY2013Q4 | us-gaap |
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19413536 | USD |
us-gaap |
Share Based Compensation
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us-gaap |
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ShareBasedCompensation
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|
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|
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|
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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|
18835580 | shares |
CY2013Q4 | us-gaap |
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|
1.79 | |
us-gaap |
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|
3.26 | ||
us-gaap |
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|
0.89 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.20 | ||
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.89 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.07 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
1.89 | |
CY2013 | us-gaap |
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Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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P5Y3M18D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y4M24D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P5Y3M18D | ||
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
24000710 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
1310344 | USD | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
27950386 | USD |
CY2014Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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|
18523332 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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|
0.69 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.93 | ||
CY2013Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
350650 | shares |
CY2013Q1 | cur |
Warrants Issued During Period
WarrantsIssuedDuringPeriod
|
258000 | shares |
CY2013Q1 | cur |
Class Of Warrant Or Right Exercise Price Of Warrants Issued
ClassOfWarrantOrRightExercisePriceOfWarrantsIssued
|
1.25 | |
CY2013Q1 | us-gaap |
Share Price
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|
1.25 | |
CY2013Q1 | cur |
Stock Issued During Period Share From Warrants In Conjunction With Debt Transaction
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|
1297607 | shares |
CY2013Q1 | cur |
Warrants And Shares Issued Value Net
WarrantsAndSharesIssuedValueNet
|
323000 | USD |
CY2013Q1 | cur |
Stock Issued During Period Share From Warrants Exercised
StockIssuedDuringPeriodShareFromWarrantsExercised
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258000 | shares |
CY2013Q1 | cur |
Warrants Expiration Date
WarrantsExpirationDate
|
2020-03-31 | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
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4708000 | USD | |
cur |
Compensation Expenses Unvested Stock Option Term Period
CompensationExpensesUnvestedStockOptionTermPeriod
|
P2Y2M12D | ||
cur |
Compensation Expenses Unvested Restricted Stock Term Period
CompensationExpensesUnvestedRestrictedStockTermPeriod
|
P6M | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2000000 | USD | |
CY2014Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
44400000 | shares |
cur |
Compensation Expenses Unvested Restricted Stockoutstanding Value
CompensationExpensesUnvestedRestrictedStockoutstandingValue
|
45000 | USD | |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.25 | |
cur |
Class Of Warrant Or Right Expense Recognized
ClassOfWarrantOrRightExpenseRecognized
|
3100000 | USD | |
CY2014Q2 | cur |
Increase Decrease In Common Stock Shares Authorized
IncreaseDecreaseInCommonStockSharesAuthorized
|
150000000 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7000000 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
87155672 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
77886031 | shares |
us-gaap |
Revenues
Revenues
|
107500 | USD | |
us-gaap |
Revenues
Revenues
|
14167 | USD | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
2500 | USD |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
5000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5502137 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5577644 | USD | |
CY2013Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1847403 | USD |
CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2058865 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4184740 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6971186 | USD | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1707690 | USD |
CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1969879 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
181991 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
260221 | USD | |
CY2013Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
81393 | USD |
CY2014Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
83001 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
9868868 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
12809051 | USD | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3636486 | USD |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
4111745 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9761368 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-12794884 | USD | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3633986 | USD |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4106745 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
45336 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
55267 | USD | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
361619 | USD |
cur |
Warrant Modification Expense
WarrantModificationExpense
|
5017156 | USD | |
cur |
Warrant Modification Expense
WarrantModificationExpense
|
3109850 | USD | |
CY2013Q3 | cur |
Warrant Modification Expense
WarrantModificationExpense
|
1945214 | USD |
CY2014Q3 | cur |
Warrant Modification Expense
WarrantModificationExpense
|
0 | USD |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
859682 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
334133 | USD | |
CY2013Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
677883 | USD |
CY2014Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
us-gaap |
Other Income
OtherIncome
|
667 | USD | |
us-gaap |
Other Income
OtherIncome
|
250000 | USD | |
CY2013Q3 | us-gaap |
Other Income
OtherIncome
|
293 | USD |
CY2014Q3 | us-gaap |
Other Income
OtherIncome
|
0 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6767306 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4330692 | USD | |
CY2013Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3052971 | USD |
CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-348492 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-16528674 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-17125576 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6686957 | USD |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4455237 | USD |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.23 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.20 | ||
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
70533035 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
86777197 | shares | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
72986698 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
87366234 | shares |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
6101 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-1131 | USD | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
6101 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
3 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-16522573 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-17126707 | USD | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-6680856 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-4455234 | USD |
us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
462794 | USD | |
us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
622244 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4167 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
22761 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-38849 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-56221 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
5172 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-7131 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-191686 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
899299 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-18541 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
3191 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-8651 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-9261 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-8115679 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-8226336 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
25007478 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
325783 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
308136 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
118938 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
172171 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-444721 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-15487785 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
5836346 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
1661865 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
133000 | USD | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
4241640 | USD | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
19467859 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
7551329 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
cur |
Payment Of Employee Taxes On Stock Option Exercise
PaymentOfEmployeeTaxesOnStockOptionExercise
|
0 | USD | |
cur |
Payment Of Employee Taxes On Stock Option Exercise
PaymentOfEmployeeTaxesOnStockOptionExercise
|
426212 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1917353 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
81362 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
104957 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
35000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
17512953 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
18814202 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
5402 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-880 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
8957955 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4900799 | USD | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7443773 | USD |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
16401728 | USD |
us-gaap |
Interest Paid
InterestPaid
|
399960 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
573869 | USD | |
cur |
Issuance Of Warrants For Vendor Services
IssuanceOfWarrantsForVendorServices
|
658326 | USD | |
cur |
Issuance Of Warrants For Vendor Services
IssuanceOfWarrantsForVendorServices
|
0 | USD | |
cur |
Issuance Of Common Stock For Cashless Excercise Of Warrants
IssuanceOfCommonStockForCashlessExcerciseOfWarrants
|
587500 | USD | |
cur |
Issuance Of Common Stock For Cashless Excercise Of Warrants
IssuanceOfCommonStockForCashlessExcerciseOfWarrants
|
838213 | USD | |
cur |
Issuance Of Common Stock For Cash Less Excercise Of Option
IssuanceOfCommonStockForCashLessExcerciseOfOption
|
0 | USD | |
cur |
Issuance Of Common Stock For Cash Less Excercise Of Option
IssuanceOfCommonStockForCashLessExcerciseOfOption
|
369867 | USD | |
cur |
Issuance Of Common Stock Related To Debt Issuance Fees
IssuanceOfCommonStockRelatedToDebtIssuanceFees
|
396234 | USD | |
cur |
Issuance Of Common Stock Related To Debt Issuance Fees
IssuanceOfCommonStockRelatedToDebtIssuanceFees
|
0 | USD | |
cur |
Issuance Of Warrants For Fees Related To Debt Issuance
IssuanceOfWarrantsForFeesRelatedToDebtIssuance
|
452187 | USD | |
cur |
Issuance Of Warrants For Fees Related To Debt Issuance
IssuanceOfWarrantsForFeesRelatedToDebtIssuance
|
0 | USD | |
dei |
Entity Registrant Name
EntityRegistrantName
|
Neuralstem, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001357459 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Trading Symbol
TradingSymbol
|
CUR | ||
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
87359665 | shares |
cur |
Financing Of Insurance Premiums Through Note Payable
FinancingOfInsurancePremiumsThroughNotePayable
|
183472 | USD | |
cur |
Financing Of Insurance Premiums Through Note Payable
FinancingOfInsurancePremiumsThroughNotePayable
|
210722 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
10000000 | USD | |
CY2014Q3 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
249000 | USD |
CY2014Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
200371 | shares |
CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 |